New Acquisitions - October and November 1997
UNIVERSITY OF ALBERTA. Department of Economics.
97-5 Buse, A. To pool or not to pool?: why is that still a
question?. 45p.
97-6 Chan, Wing Hong & Buse, Adolf. Should we use the Stone
index in the linearized almost ideal demand system?. 22p.
97-4 McMillan, Melville L & Datta, Debasish. The relative
efficiencies of Canadian universities: a data envelopment
analysis perspective. 44p.
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9716 Calabuig, Vicente & Olcina, Gonzalo. Forward induction in a
wage repeated negotiation. 29p.
9717 Fiorentini, Gabriele & Sentana, Enrique. Conditional means
of time series processes and time series processes for
conditional means. 44p.
9718 Lopez-Cunat, Javier N. Adverse selection under complete
ignorance. 25p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
89 Kollintzas, Tryphon & Vassilatos, Vanghelis. A small open
economy model with transaction costs in foreign capital.
28p.
90 Magoula, Theocharoula & Psacharopoulos, George. Schooling
and monetary rewards in Greece: contributions to a debate.
31p.
BANCO BILBAO VIZCAYA. Research Department.
1/97 Ledo, Mayte & Sebastian, Miguel. Cyclical asynchronism and
inflation. 11p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
9708 Kogure, Atsuyuki. A new approach to the estimation of
stochastic differential equations with an application to
Japanese interest rate. 15p.
97-9 Yoshifuji, Shigeru. The earnings-at-risk (EaR) model and
the expanded value-at-risk (VaR) model: an application to
bond portfolios. 20p.
BEN GURION UNIVERSITY. Monaster Center for Economic Research.
9712 Einy, E., Moreno, D. & Shitovitz, B. The asymptotic
nucleolus of large monopolistic games. 23p.
97-9 Einy, E., Moreno, D. & Shitovitz, B. The core of a class of
non-atomic games which arise in economic applications. 17p.
9711 Einy, E., Holzman, R. & Monderer, D. On the least core and
the Mas-Colell bargaining set. 12p.
9716 Gradstein, M. & Justman, M. The political transition: a
turning point in the dynamics of growth and inequality.
24p.
9714 Justman, M. Schumpeterian waves of disequilibrium growth: a
general equilibrium analysis. 40p.
9715 Justman, M. & Gradstein, M. Industrialization,
democratization & declining inequality: the political
transition after the Industrial Revolution. 25p.
97-8 Klug, A. & Nadav, C. On the predictive power of the term
structure during the 1930s. 13p.
9713 Klug, A. & Smith, G.W. Suez and sterling, 1956. 26p.
UNIVERSITY OF CALIFORNIA-BERKELEY. Department of Economics.
256 Brown, Donald J. & Shannon, Chris. Uniqueness, stability,
and comparative statics in rationalizable Walrasian markets.
16p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
93 Jeanne, Olivier. The persistence of unemployment under a
fixed exchange rate peg. 46p.
94 Jones, Matthew T. & Obstfeld, Maurice. Saving, investment,
and gold: a reassessment of historical current account data.
59p.
BANK OF CANADA. Technical Reports.
79 St. Amant, Pierre & van Norden, Simon. Measurement of the
output gap: a discussion of recent research at the Bank of
Canada. 62p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9703 Schwalbe, Ulrich & Walker, Paul. Zermelo and the early
history of game theory. 13p.
UNIVERSITY OF COPENHAGEN. Centre for Industrial Economics.
9715 Hinloopen, Jeroen. Subsidizing R & D cooperatives. 36p.
9716 Hinloopen, Jeroen & van Marrewijk, Charles. Spatial duopoly
with a reservation price. 37p.
9713 Lambertini, Luca, Poddar, Sougata & Sasaki, Dan. Research
joint ventures in product innovation and cartel stability.
9p.
9714 Lambertini, Luca, Poddar, Sougata & Sasaki, Dan.
Standardization and the stability of collusion. 8p.
9718 Lambertini, Luca & Rossini, Gianpaolo. Vertical
differentiation, trade and endogenous common standards.
27p.
9712 Poddar, Sougata. Capacity and entry deterrence under
asymmetric information on demand. 18p.
9717 Schultz, Christian. Limit pricing when incumbents have
conflicting interests. 35p.
UNIVERSITY OF COPENHAGEN. Institute of Economics.
9711 Dixon, Huw David & Hansen, Claus T. A mixed industrial
structure magnifies the importance of menu costs. 24p.
9710 Lambertini, Luca. Time consistency in games of timing.
29p.
9709 Lambertini, Luca, Poddar, Sougata & Sasaki, Dan. Research
joint ventures and price collusion under endogenous product
differentiation. 14p.
9712 Portner, Claus C. Children as insurance. 42p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1165 Calvet, Laurent, Fisher, Adlai & Mandelbrot, Benoit. Large
deviations and the distribution of price changes. 31p.
1162 Choi, In & Phillips, Peter C.B. Regressions for partially
identified cointegrated simultaneous equations. 33p.
1163 Corbae, Dean & Phillips, Peter C.B. Band spectral
regression with trending data. 48p.
1166 Fisher, Adlai, Calvet, Laurent & Mandelbrot, Benoit.
Multifractality of Deutschemark/U.S. dollar exchange rates.
79p.
1160 Linton, O., Mammen, E. & Nielsen, J. The existence and
asymptotic properties of a backfitting projection algorithm
under weak conditions. 40p.
1164 Mandelbrot, Benoit, Fisher, Adlai & Calvet, Laurent. A
multifractal model of asset returns. 40p.
1161 Xiao, Zhijie & Phillips, Peter C.B. An ADF coefficient test
for a unit root in ARMA models of unknown order with
applications to the U.S. economy. 17p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1689 Artis, Michael J. & Zhang, Wenda. On identifying the core
of EMU: an exploration of some empirical criteria. 33p.
1688 Artis, Michael J. & Winkler, Bernhard. The stability pact:
safeguarding the credibility of the European Central Bank.
69p.
1683 Christodoulakis, Nicos M. & Kalyvitis, Sarantis C.
Heterogeneous traders and the unbiasedness hypothesis:
explaining the Mark/ Dollar bias. 23p.
1681 Daveri, Francesco & Tabellini, Guido. Unemployment, growth
and taxation in industrial countries. 53p.
1686 Hatton, Timothy J. & Bailey, Roy E. Poverty and the welfare
state in inter-war London. 43p.
1682 Klemperer, Paul. Almost common value auctions: the `wallet
game' and its applications to takeover battles and airwaves
auctions. 16p.
1684 Kohli, Ulrich. Trade and migration: a production-theory
approach. 41p.
1693 Kongsamut, Piyabha, Rebelo, Sergio & Xie, Danyang. Beyond
balanced growth. 56p.
1666 Minford, Patrick & Nowell, Eric. Nominal contracts as
behaviour towards risk. 55p.
1687 Morris, Stephen & Shin, Hyun Song. Unique equilibrium in a
model of self-fulfilling currency attacks. 26p.
1692 Rebelo, Sergio. What happens when countries peg their
exchange rates?: (the real side of monetary reform). 39p.
1631 Reichlin, Pietro & Siconolfi, Paolo. Adverse selection of
investment projects and the business cycle. 34p.
1685 Wyplosz, Charles. EMU: why and how it might happen. 26p.
THE MAURICE FALK INSTITUTE FOR ECONOMIC RESEARCH IN ISRAEL.
9709 Chiswick, Barry R. Hebrew language usage: determinants and
effects on earnings among immigrants in Israel. 26p.
9710 Lavy, Victor. Water: consumption, prices, technology &
government policy: a comparative study of Jordanian,
Palestinian & Israeli. 35p.
9708 Perry, Motty & Vincent, Daniel R. The optimal timing of
procurement decisions and patent allocations. 23p.
FEDERAL RESERVE BANK OF CHICAGO. Research Department.
97-3 Aaronson, Daniel. Price pass-through and minimum wages.
34p.
97-4 Boldrin, Michele, Christiano, Lawrence J. & Fisher, Jonas
D.M. Habit persistence and asset returns in an exchange
economy. 31p.
97-5 Kouparitas, Michael A. North-South terms of trade: an
empirical investigation. 26p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9707 Wynne, Mark A. & Koo, Jahyeong. Business cycles under
monetary union: EU and US business cycles compared. 47p.
FEDERAL RESERVE BANK OF DALLAS. Financial Industry Studies.
3/97 Chakravorti, Sujit. Payments-related intraday credit
differentials and the emergence of a vehicle currency. 47p.
4/97 Gunther, Jeffery W., Hooks, Linda M. & Robinson, Kenneth J.
Adverse selection and competing deposit insurance systems in
pre-Depression Texas. 31p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
238 Cole, Harold L. & Kocherlakota, Narayana. Efficient
allocations with hidden income and hidden storage. 33p.
239 Krusell, Per, et al. Capital-skill complementarity and
inequality: a macroeconomic analysis. 67p.
240 Schmitz, James A. Government production of investment goods
and aggregate labor productivity. 47p.
FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.
30 Athanasoulis, Stefano & van Wincoop, Eric. Growth
uncertainty and risksharing. 43p.
29 Demsetz, Rebecca S., Saidenberg, Marc R. & Strahan, Philip
E. Agency problems and risk taking at banks. 37p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
9712 Carlino, Gerald & DeFina, Robert. The differential regional
effects of monetary policy: from the U.S. states. 31p.
9715 Chatterjee, Satyajit & Ravikumar, B. Minimum consumption
requirements: theoretical and quantitative implications for
growth and distribution. 32p.
9714 Christoffersen, Peter F. & Diebold, Francis X.
Cointegration and long-horizon forecasting. 35p.
9711 Christoffersen, Peter F. & Diebold, Francis X. Optimal
prediction under asymmetric loss. 17p.
9713 Gyourko, Joseph & Voith, Richard. Does the U.S. tax
treatment of housing promote suburbization and central city
decline?. 35p.
9716 McAndrews, James & Roberds, William. A model of check
exchange. 26p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9750 Bauer, Paul W., et al. Consistency conditions for
regulatory analysis of financial institutions: a comparison
of frontier efficiency metho. 42p.
9742 Bomfin, Antulio, et al. Expectations, learning and the
costs of disinflation experiments using the FRB/US model.
33p.
9747 Cutler, David M., Elmendorf, Douglas W. & Zeckhauser,
Richard. Restraining the Leviathan: property tax
limitations in Massachusetts. 50p.
9741 Dupont, Dominique. Trading volume and information
distribution in a market-clearing framework. 41p.
9743 Fleischman, Charles A. The GMM parameter normalization
puzzle. 0p.
9749 Hooker, Mark A. Misspecification versus bubbles in
hyperinflation data: Monte Carlo and interwar European
evidence. 35p.
9746 Kiley, Michael T. Staggered price setting and real
rigidities. 0p.
9745 Kiley, Michael T. The supply of skilled labor and
skill-biased technological progress. 17p.
9748 Otto, Maria Ward. The sources of worker anxiety: evidence
from the Michigan Survey. 37p.
9744 Surette, Brian J. The effects of two-year college on the
labor market and schooling experiences of young men. 51p.
FEDERAL RESERVE BOARD. International Finance Papers.
593 Basu, Susanto & Fernald, John G. Aggregate productivity and
aggregate technology. 53p.
591 Bordo, Michael D., Erceg, Christopher J. & Evans, Charles L.
Money, sticky wages, and the Great Depression. 53p.
590 Erceg, Christopher J. Nominal wage rigidities and the
propagation of monetary disturbances. 52p.
592 Fernald, John. Roads to prosperity?: assessing the link
between public capital and productivity. 36p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
215 Reiffen, David, Schumann, Laurence & Ward, Michael R.
Discriminatory dealing with downstream competitors: evidence
from the cellular industry. 41p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
153 Hart, Sergiu & Levy, Zohar. Efficiency does not imply
immediate agreement. 8p.
HITOTSUBASHI UNIVERSITY. Institute for Economic Research.
339 Kariya, Takeaki. Valuation of time-deposit saving (CD) with
transfer option. 18p.
340 Morishima, Motohiro & Tsuru, Tsuyoshi. Nonunion employee
representation in Japan. 39p.
336 Rosefielde, Steven. Chinese market socialism: managerial
autonomy, state ownership and economic justice. 13p.
337 Rosefielde, Steven. Dark horses: contemporary challenges to
democratic free enterprise. 33p.
338 Suzumura, Kotaro. Consequences, opportunities, and
procedures. 32p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9717 Dupuis, J.A. & Robert, C.P. Bayesian variable selection in
qualitative models by Kullback-Leibler projections. 21p.
9725 Entorf, H., Gollac, M. & Kramarz, F. New technologies,
wages and worker selection. 35p.
9719 Francq, C. & Zakoian, J.M. Covariance matrix estimation for
estimators of mixing Wold's ARMA. 23p.
9723 Laferrere, A. Intergenerational transmission models: a
survey. 33p.
9721 Pele, L.P. Methods of pay, worker selection, and minimum
wage. 13p.
9720 Rousseau, J. Asymptotic properties of HFD regions in the
discrete case. 18p.
9718 Rousseau, J. Coverage properties of one-sided intervals in
the discrete case and application to matching priors. 22p.
9722 Wasmer, E. & Zenou, Y. Equilibrium urban unemployment.
37p.
INSTITUTO TECNOLOGICO AUTONOMO DE MEXICO. Centro de Invest. Econ.
9709 Bencivenga, Valerie, Huybens, Elisabeth & Smith, Bruce D.
What to stabilize in the open economy?: some notes on a
problem of Keynes. 48p.
9707 Huybens, Elisabeth & Smith, Bruce D. Inflation, financial
markets and long-run real activity. 44p.
9708 Johnson, Phillip. Monetary exchange as a social convention:
emergence and stability of an intermediating commodity.
21p.
9706 Sharma, Tridib. Joint ventures and stock markets as
commitment devices. 33p.
9710 Zapatero, Fernando & Reverter, Luis F. Exchange rate
intervention with options. 23p.
BANCA DE ITALIA. Research Department.
312 Cottarelli, Carlo & Giannini, Curzio. Credibility without
rules?: monetary frameworks in the post-Bretton Woods era.
100p.
313 Cubadda, Gianluca & Sabbatini, Roberto. The seasonality of
the Italian cost of living index. 48p.
309 Fabiani, Silvia. The effects of technology shocks on output
fluctuations: an impluse response analysis for the G7
countries. 59p.
310 Gaiotti, E, Gavosto, A. & Grande, G. Inflation and monetary
policy in Italy: some recent evidence. 46p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
390 Carroll, Christopher D. Death to the log-linearized
consumption Euler equation! (and very poor health to the
second-order approximation). 35p.
391 Humphreys, Brad R., Maccini, Louis J. & Schuh, Scott. Input
and output inventories. 49p.
LA TROBE UNIVERSITY. Department of Economics.
9705 King, J.E. From Giblin to Kalecki: the export multiplier
and the balance of payments constraint on economic growth.
16p.
9702 King, J.E. & Rimmer, R.J. Pricing, finance and stagnation:
a model in the spirit of Kaldor, Kalecki and Keynes. 45p.
9706 Tourky, Rabee. The limit theorem on the core of a
production economy in vector lattices. 9p.
9703 Tourky, Rabee. A new approach to the limit theorem on the
core of an economy in vector lattices. 8p.
9701 Tourky, Rabee. Production equilibria in locally proper
economies with unbounded and unordered consumers. 15p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
271 Brown, Ward. R & D intensity and finance: are innovative
firms financially constrained?. 29p.
270 Brunnermeier, Markus K. Prices, price processes, volume and
their information: a literature survey. 80p.
269 Nier, Erlend. Optimal managerial remuneration and
firm-level diversification. 44p.
272 Schonbucher, Philipp J. Term structure modelling of
defaultable bonds. 37p.
UNIVERSITE CATH. DE LOUVAIN. Ctr. for Op. Research & Econometrics.
9737 Albano, Gian Luigi & Lizzeri, Alessandro. A monopolistic
market for certification. 23p.
9745 Anstreicher, Kurt M. Ellipsoidal approximations of convex
sets based on the volumetric barrier. 12p.
9746 Anstreicher, Kurt M. Linear programming in 0([n3/ln n]L)
operations. 11p.
9740 Anstreicher, Kurt M. Towards a practical volumetric cutting
plane method for convex programming. 19p.
9748 De Meyer, Bernard & Rosenberg, Dinah. "Cav u" and the dual
game. 10p.
9751 Dreze, Jacques H. Walras-Keynes equilibria coordination and
macroeconomics. 34p.
9754 Grazzini, Lisa & van Ypersele, Tanguay. Tax harmonisation
and political competition. 24p.
9750 Grilo, Isabel & Wauthy, Xavier. Competiting with
second-hand products when consumers differ in risk aversion.
23p.
9747 Hardle, Wolfgang & Hafner, Christian. Discrete time option
pricing with flexible volatility estimation. 28p.
9753 Irmen, Andreas & Thisse, Jacques-Francois. Competition in
multi-characteristics spaces: Hotelling was almost right.
28p.
9741 Jouvet, Pierre-Andre, Michel, Philippe & Vidal, Jean-Pierre.
Intergenerational altruism and the environment. 23p.
9738 Khan, M. Ali & Sun, Yeneng. On the decomposition and
characterization of risk. 11p.
9742 Klinger Monteiro, Paulo. Optimal all-pay auction when
signals are correlated. 7p.
9743 Klinger Monteiro, Paulo & Pascoa, Mario R. Discreteness of
equilibria in incomplete markets with a continuum of states.
7p.
9744 Nesterov, Yurii. Semidefinite relaxation and nonconvex
quadratic optimization. 12p.
9749 Nesterov, Yurii. Structure of non-negative polynomials and
optimization problems. 13p.
9739 Smeers, Yves & Wei, Jing-Yuan. Competition in both quantity
and quality: spatial competition models with regulated
transportation prices. 27p.
9752 Tulkens, Henry. Cooperation vs. free riding in
international environmental affairs: two approaches. 19p.
MACQUARIE UNIVERSITY. Department of Economics.
14/97 Lombard, Marc. Unemployment and European integration. 22p.
13/97 O'Donnell, Rod. Mixed goods and social reform. 14p.
16/97 Walters, David. The implications of shareholder value
planning and management for logistics decision making. 17p.
12/97 Walters, David & Hanrahan, Jack. Value based planning and
operational implementation: considerations for retailing
strategy. 30p.
UNIVERSITY OF MARYLAND. Center for International Economics.
33 Bhagwati, Jagdish, Greenaway, David & Panagariya, Arvind.
Trading preferentially: theory and policy. 33p.
36 Kaminsky, Graciela, Lizondo, Saul & Reinhart, Carmen M.
Leading indicators of currency crises. 43p.
32 Panagariya, Arvind & Krishna, Pravin. On the existence of
necessarily welfare-enhancing free trade areas. 19p.
34 Reinhart, Carmen M. & Smith, R. Todd. Temporary capital
controls. 32p.
35 Reinhart, Carmen M. & Talvi, Ernesto. Capital flows and
saving in Latin America and Asia: a reinterpretation. 32p.
UNIVERSITY OF MARYLAND. Department of Economics.
9708 Oates, Wallace E. Environmental policy in the European
Community: harmonization or national standards?. 27p.
UNIVERSITY OF MELBOURNE. Department of Economics.
583 Austen, Siobhan. Social norms and minimum wages. 27p.
586 Bakker, Alexander. Spiked distribution fitting: UK/US daily
spot FX returns. 27p.
584 Cameron, Lisa & Worswick, Christopher. Labour supply and
education expenditure responses to crop loss in Indonesia.
32p.
585 Cashin, Paul & McDermott, C. John. `Riding the sheep's
back': examining Australia's dependence on wool exports.
37p.
592 Cason, Timothy N. & Gangadharan, Lata. An experimental
study of electronic bulletin board trading for emission
permits. 38p.
577 Creedy, John. Evaluating income tax changes and the choice
of income measure. 24p.
587 Creedy, John. Measuring welfare changes and the excess
burden of taxation. 72p.
578 Dixon, Robert. Estimates of the cost of monopoly using the
IBIS database. 17p.
591 Gangadharan, Lata. Transactions costs in tradeable
emissions markets: an empirical study of the regional clean
air incentives market i. 43p.
579 Stemp, Peter J. The government's discount rate: choices and
consequences in a dynamic framework. 30p.
UNIVERSITY OF MUNICH. Center for Economic Studies.
131 Berger, Helge & de Haan, Jakob. A state within the state?:
an event study on the Bundesbank. 21p.
130 Choi, Jay Pil & Thum, Marcel. Market structure and the
timing of technology adoption with network externalities.
24p.
133 Cornelli, Francesca & Li, David P. Large shareholders,
private benefits of control, and optimal schemes of
privatization. 31p.
137 Dixit, Avinash & Londregan, John. Ideology, tactics, and
efficiency in redistributive politics. 29p.
138 Haller, Hans. Inefficient household decisions and efficient
markets. 11p.
136 Persson, Torsten, Roland, Gerard & Tabellini, Guido.
Separation of powers and political accountability. 69p.
135 Stemp, Peter J. What happens when inflation targets
change?. 27p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
6148 Abel, Andrew B. & Eberly, Janice C. The mix and scale of
factors with irreversibility and fixed costs of investment.
49p.
6109 Abowd, John M. & Kramarz, Francis. Internal and external
labor markets: an analysis of matched longitudinal
employer-employee data. 21p.
6123 Aizenman, Joshua & Yi, Sang-Seung. Controlled openness and
foreign direct investment. 18p.
6163 Alesina, Alberto, Spolaore, Enrico & Wacziarg, Romain.
Economic integration and political disintegration. 46p.
6181 Anderson, James E. Revenue neutral trade reform with many
households, quotas and tariffs. 34p.
6145 Andrade, Gregor & Kaplan, Steven N. How costly is financial
(not economic) distress?: evidence from highly leveraged
transactions... 60p.
6189 Asea, Patrick K. & Turnovsky, Stephen J. Capital income
taxation and risk-taking in a small open economy. 47p.
6177 Baker, George, Gibbons, Robert & Murphy, Kevin J. Implicit
contracts and the theory of the firm. 39p.
6187 Baker, Laurence C. & Shankarkumar, Sharmila. Managed care
and health care expenditures: evidence from Medicare,
1990-1994. 44p.
6197 Barro, Robert J. Optimal management of indexed and nominal
debt. 25p.
6132 Beaudry, Paul & Green, David. Cohort patterns in Canadian
earnings: assessing the role of skill premia in inequality
trends. 46p.
6160 Becker, Randy & Henderson, Vernon. Effects of air quality
regulation on decisions of firms in polluting industries.
62p.
6147 Bekaert, Geert, Hodrick, Robert J. & Marshall, David A.
"Peso problem" explanations for term structure anomalies.
63p.
6166 Berman, Eli, Bound, John & Machin, Stephen. Implications of
skill-biased technological change: international evidence.
40p.
6182 Berndt, Ernst R., et al. Is price inflation different for
the elderly?: an empirical analysis of prescription drugs.
45p.
6120 Black, Sandra E. & Lynch, Lisa M. How to compete: the
impact of workplace practices and information technology on
productivity. 38p.
6154 Blundell, Richard & Johnson, Paul. Pensions and retirement
in the U.K. 69p.
6136 Boldrin, Michele, Jimenez-Martin, Sergi & Peracchi, Franco.
Social security and retirement in Spain. 77p.
6115 Bordo, Michael D. & MacDonald, Ronald. Violations of the
`rules of the game' and the credibility of the classical
gold standard, 1880-1914. 78p.
6176 Borjas, George J. To ghetto or not to ghetto: ethnicity and
residential segregation. 36p.
6175 Borjas, George J. & Sueyoshi, Glenn T. Ethnicity and the
intergenerational transmission of welfare dependency. 38p.
6153 Borsch-Supan, Axel & Schnabel, Reinhold. Social security
and retirement in Germany. 57p.
6161 Broadbent, Ben & Kremer, Michael. Does favorable tax
treatment of housing reduce equipment investment?. 27p.
6155 Brugiavini, Agar. Social security and retirement in Italy.
102p.
6183 Bryan, Michael F., Cecchetti, Stephen C. & Wiggins, Rodney
L. Efficient inflation estimation. 29p.
6162 Campa, Jose M. & Wolf, Holger C. Is real exchange rate mean
reversion caused by arbitrage?. 35p.
6179 Campa, Jose M., Chang, Kevin P.H. & Reider, Robert L.
Implied exchange rate distribution evidence from OTC option
markets. 51p.
6142 Card, David & Lemieux, Thomas. Adapting to circumstances:
the evolution of work, school, and living arrangements among
North American youth. 65p.
6138 Carroll, Christopher D., Overland, Judy & Weil, David N.
Comparison utility in a growth model. 41p.
6186 Casella, Alessandra & Rauch, James E. Anonymous market and
group ties in international trade. 55p.
6107 Cutler, David M. & Zeckhauser, Richard J. Adverse selection
in health insurance. 44p.
6140 Cutler, David M. & Sheiner, Louise. Managed care and the
growth of medical expenditures. 50p.
6196 Cutler, David M., Elmendorf, Douglas W. & Zeckhauser,
Richard J. Restraining the Leviathan: property tax
limitation in Massachusetts. 50p.
6133 Davis, Donald R. & Reeve, Trevor A. Human capital,
unemployment, and relative wages in a global economy. 34p.
6200 Feldstein, Martin. Capital income taxes and the benefit of
price stability. 53p.
6150 Feldstein, Martin. The political economy of the European
Economic and Monetary Union: political sources of an
economic liability. 33p.
6149 Feldstein, Martin. Transition to a fully funded pension
system: five economic issues. 26p.
6151 Fuchs, Victor R., Krueger, Alan B. & Poterba, James M. Why
do economists disagree about policy: the roles of beliefs
about parameters and values. 49p.
6199 Fullerton, Don & Metcalf, Gilbert E. Environmental taxes
and the double-dividend hypothesis: did you really expect
something for nothing?. 36p.
6180 Ghosh, Atish R. & Wolf, Holger C. Geographical and sectoral
shocks in the U.S. business cycle. 33p.
6164 Glied, Sherry, et al. Selection, marketing, and Medicaid
managed care. 29p.
6144 Goldin, Claudia & Katz, Lawrence F. Why the United States
led in education: lessons from secondary school expansion
1910 to 1940. 43p.
6192 Goolsbee, Austan. Investment tax incentives, prices, and
the supply of capital goods. 37p.
6173 Goolsbe, Austan. Taxes, organizational form, and the
deadweight loss of the corporate income tax. 15p.
6134 Gruber, Jonathan & Wise, David. Social security programs
and retirement around the world. 51p.
6195 Hamermesh, Daniel S. Immigration and the quality of jobs.
36p.
6172 Hayashi, Fumio. The main bank system and corporate
investment: an empirical reassessment. 23p.
6194 Hendel, Igal & Lizzeri, Alessandro. Adverse selection in
durable goods markets. 32p.
6167 Hunt, Jennifer. The transition in East Germany: when is a
ten point fall in the gender wage gap bad news?. 35p.
6193 Hurd, Michael D. & McGarry, Kathleen. The predictive
validity of subjective probabilities of survival. 35p.
6152 Ju, Jiandong & Krishna, Kala. Evaluating trade reform using
ex-post criteria. 45p.
6135 Kapteyn, Arie & de Vos, Klaas. Social security and
retirement in the Netherlands. 51p.
6159 Kongsamut, Piyabha, Rebelo, Sergio & Xie, Danyang. Beyond
balanced growth. 56p.
6204 Kortum, Samuel & Lerner, Josh. Stronger protection of
technological revolution: what is behind the recent surge in
patenting?. 72p.
6184 Krishna, Kala, Suddhasatwa, Roy & Thursby, Marie.
Procompetitive market access. 15p.
6146 Krueger, Alan B. & Pischke, Jorn-Steffen. Observations and
conjectures on the U.S. employment miracle. 38p.
6198 Lee, Jong-Wha & Barro, Robert J. Schooling quality in a
cross section of countries. 42p.
6191 Levitt, Steven D. Juvenile crime and punishment. 39p.
6171 McGarry, Kathleen & Davenport, Andrew. Pensions and the
distribution of wealth. 30p.
6126 Mishkin, Frederic S. & Posen, Adam S. Inflation targeting:
lessons from four countries. 133p.
6178 Mitchell, Olivia S. & Moore, James F. Retirement wealth
accumulation and decumulation: new developments and
outstanding opportunities. 78p.
6143 Morton, Fiona M. Scott. The objectives of the FDA's office
of generic drugs. 32p.
6156 Oshio, Takashi & Yashiro, Naohiro. Social security and
retirement in Japan. 44p.
6137 Palme, Marten & Svensson, Ingemar. Social security,
occupational pensions, and retirement in Sweden. 82p.
6202 Peng, Yusheng, Zucker, Lynne G. & Darby, Michael R. Chinese
rural industrial productivity and urban spillovers. 37p.
6169 Pestieau, Pierre & Stijns, Jean-Philippe. Social security
and retirement in Belgium. 50p.
6185 Poterba, James M. & Samwick, Andrew A. Household portfolio
allocation over the life cycle. 53p.
6174 Razin, Ofair & Collins, Susan M. Real exchange rate
misalignments and growth. 31p.
6168 Rebelo, Sergio. What happens when countries peg their
exchange rates? (the real side of monetary reforms). 39p.
6141 Rodrik, Dani. What drives public employment?. 30p.
6190 Scott Morton, Fiona M. Entry decisions in the generic
pharmaceutical industry. 35p.
6170 Todter, Karl-Heinz & Ziebarth, Gerhard. Price stability vs.
low inflation in Germany: an analysis of costs and benefits.
65p.
6165 Warner, Andrew M. Mexico's 1994 exchange rate crisis
interpreted in light of the non-traded model. 27p.
6131 Weinhold, Diana & Rauch, James E. Openness, specialization,
and productivity growth in less developed countries. 24p.
6188 Woodford, Michael. Doing without money: controlling
inflation in a post-monetary world. 61p.
6139 Yelowitz, Aaron S. Why did the SSI-disabled program grow so
much?: disentangling the effect of Medicaid. 47p.
6203 Zhang, Kevin H. & Markusen, James R. Vertical
multinationals and host-country characteristics. 27p.
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
9720 Bajada, Christopher. Estimates of the underground economy
in Australia. 26p.
9727 Diewert, W.E. & Fox, Kevin J. Can measurement error explain
the productivity paradox?. 52p.
9725 Fox, Kevin J. Information-rich expressions for model
selection criteria. 9p.
9726 Fox, Kevin J. Open economy data sets for 18 OECD countries,
1960-1992. 25p.
9721 Harcourt, Geoff. The Kaldor legacy: reviewing Nicholas
Kaldor, "Causes of Growth and Stagnation in the World
Economy". 26p.
9724 Hill, Robert J. Conditions under which chaining reduces the
substitution bias of price and quantity indexes. 25p.
9722 Hughes, Anthony W. & King, Maxwell I. An iterative approach
to variable selection based on the Kullback-Leibler
information. 13p.
9715 Kakwani, Nanak. Economic theory of spatial costs of living
indices with application to Thailand. 20p.
9711 Kakwani, Nanak. Economies of scale in household consumption
with application to Australia. 25p.
9718 Kakwani, Nanak. Inequality, welfare and poverty: three
interrelated phenomena. 38p.
9716 Kakwani, Nanak. On measuring growth and inequality
components of changes in poverty with application to
Thailand. 17p.
9710 Kakwani, Nanak. Social cost of living indices with
applications to Thailand. 26p.
9714 Kakwani, Nanak. Welfare-based approaches to measuring real
economic growth with application to Thailand. 36p.
9712 Kakwani, Nanak & Lambert, Peter J. Measuring income tax
discrimination. 18p.
9717 Kakwani, Nanak & Lambert, Peter J. On measuring inequality
in taxation: a new approach. 9p.
9713 Kakwani, Nanak & Krongkaew, Medhi. Thailand's generational
accounts. 34p.
97-9 Monadjemi, Mehdi S. Interest rates and the exchange rate:
some international evidence. 17p.
97-8 Robertson, Peter E. Endogenous growth when unskilled labor
is abundant. 21p.
97-7 Robertson, Peter E. Transitional growth paths in developing
economies. 27p.
9719 Wurtz, Allen H. A universal upper bound on power functions.
21p.
9723 Yang, Minxian. Some properties of vector autoregressive
processes with Markov switching coefficients. 24p.
NEW YORK UNIVERSITY. Salomon Brothers Center (Financial Inst).
9712 Altman, Edward I. Corporate bond and commercial loan
portfolio analysis. 25p.
9713 Economides, Nicholas. The incentive for non-price
discrimination by an input monopolist. 19p.
9711 Fluck, Zsuzsanna & Lynch, Anthony. Why do firms merge and
then divest: a theory of financial synergy. 36p.
NEW YORK UNIVERSITY. Stern School of Business.
9705 Radner, Roy. Bounded rationality, indeterminacy, and the
managerial theory of the firm. 28p.
9706 Radner, Roy. Profit maximization with bankruptcy and
variable scale. 21p.
9708 Radner, Roy & Dutta, Prajit K. Profit maximization and the
market selection hypothesis. 42p.
9707 Radner, Roy & Van Zandt, Timothy. Real-time decentralized
processing and returns to scale. 38p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
13/97 Gabrielsen, Tommy S. & Sorgard, Lars. Vertical restraints
in the European automobile industry. 33p.
12/97 Hagen, Rune Jansen. Political instability, political
polarisation, and public sector institutional reforms. 35p.
11/97 Hakonsen, Lars. An investigation into alternative
representations of the average and marginal cost of public
funds. 26p.
10/97 Hvide, Hans Krogh. Self-awareness, Spencian education and
performance wages. 28p.
9/97 Hvide, Hans Krogh. Self-awareness, uncertainty, and markets
with overconfidence. 21p.
8/97 Sandmo, Agnar. Redistribution and the marginal cost of
public funds. 19p.
7/97 Steigum, Erling. Fiscal deficits, asset prices and
intergenerational distribution in an open unionized economy.
21p.
UNIVERSITY OF OXFORD. Nuffield College.
135 Breen, Richard & Garcia-Penalosa, Cecilia. A rational
learning model of gender segregation in labour markets.
44p.
134 Klemperer, Paul. Almost common value auctions: the "wallet
game" and its applications to takeover battles and airwaves
auctions. 16p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9711 Anderlini, Luca & Felli, Leonardo. Costly Coasian
contracts. 56p.
9713 Fishman, Arthur & Rob, Rafael. An equilibrium model of firm
growth and industry dynamics. 26p.
9712 Fishman, Arthur & Rob, Rafael. Experimentation and
competition. 27p.
9710 Gandal, Neil, Kende, Michael & Rob, Rafael. The dynamics of
technological adoption in hardware/software: the case of
compact disc players. 33p.
9705 Gradstein, Mark & Justman, Moshe. Democratic choice of an
education system: implications for growth and income
distribution. 29p.
9714 Postlewaite, Andrew. The social basis of interdependent
preferences. 16p.
9709 Rob, Rafael & Zemsky, Peter. Cooperation, corporate culture
and incentive intensity. 30p.
9706 Shachmurove, Yochanan. Formulating optimal portfolios in
South American stock markets. 31p.
9708 Shachmurove, Yochanan. Portfolio analysis of Latin American
stock markets. 28p.
9707 Shachmurove, Yochanan, Fishman, Gideon & Hakim, Simon. The
burglar as a rational economic agent. 15p.
UNIVERSITY OF PENNSYLVANIA. Institute for Economic Research.
9739 Adams, F. Gerald & Shachmurove, Yochanan. Evidence of the
correlation between trade and development in the East Asian
emerging economies. 32p.
9733 Corradi, Valentina. Degenerate continuous time limits of
GARCH and GARCH-type processes. 28p.
9734 Corradi, Valentina & Sarin, Rajiv. Continuous
approximations of stochastic evolutionary game dynamics.
32p.
9731 Diebold, Francis X. Macroeconomic forecasting is alive and
well. 29p.
9730 Diebold, Francis X., et al. Converting 1-day volatility to
h-day volatility: scaling by square root of h is worse than
you think. 15p.
9729 Diebold, Francis X., Ohanian, Lee E. & Berkowitz, Jeremy.
Dynamic equilibrium economies: a framework for comparing
models and data. 59p.
9732 Eckstein, Zvi & Wolpin, Kenneth I. Youth employment and
academic performance in high school. 61p.
9737 Foster, Andrew, Rosenzweig, Mark & Behrman, Jere R.
Population growth, income growth and deforestation:
management of village common land in India. 37p.
9736 Gong, Fangxiong & Mariano, Robert S. Stock market returns
and economic fundamentals in an emerging market: the case of
Korea. 33p.
9738 Kocagil, Ahmet E. & Shachmurove, Yochanan. Information
flow, trading and efficiency in futures markets. 37p.
9735 Tanizaki, Hisashi & Mariano, Robert S. Nonlinear and
non-Gaussian state-space modeling with Monte-Carlo
simulations. 32p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
221 Cabrales, Antonio & Ponti, Giovanni. Implementation,
elimination of weakly dominated strategies and evolutionary
dynamics. 35p.
222 Cabrales, Antonio, Garcia-Fontes, Walter & Motta, Massimo.
Risk dominance selects the leader: an experimental analysis.
41p.
220 Carreras, Miquel & Serra, Daniel. On optimal location with
threshold requirements. 25p.
217 Dagan, Mir & Serrano, Roberto. Invariance and randomness in
the Nash program for coalitional games. 11p.
214 Dalmau-Matarrodona, Eulalia & Puig-Junoy, Jaume. Market
structure and hospital efficiency: evaluating potential
effects of deregulation. 31p.
219 Serra, Daniel & ReVelle, Charles. Competitive location and
pricing on networks. 41p.
216 Shioji, Etsuro. Identifying monetary policy shocks in
Japan. 29p.
215 Shioji, Etsuro. Spanish monetary policy: a structural VAR
analysis. 26p.
PRINCETON UNIVERSITY. Woodrow Wilson School-Papers in Economics.
190 Grossman, Gene & Maggi, Giovanni. Free trade vs. strategic
trade: a peek into Pandora's box. 29p.
189 Maggi, Giovanni. Strategic trade policy under incomplete
information. 31p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1107 Kumar, Piyush, Kalwani, Manohar U. & Dada, Maqbool. The
impact of waiting time guarantees on customer's waiting
experiences. 44p.
1109 Smith, Keith V. Portfolio analysis of brokerage firm
recommendations. 22p.
UNIVERSITY OF STOCKHOLM. Department of Economics.
9710 Dufwenberg, Martin & Lundholm, Michael. Social norms and
moral hazard. 22p.
TEL-AVIV UNIVERSITY. Eitan Berglas School of Economics.
23/97 Cornelli, Francesca & Yosha, Oved. Stage financing and the
role of convertible debt. 36p.
24/97 Eckstein, Zvi & Wolpin, Kenneth I. Youth employment and
academic performance in high school. 61p.
22/97 Eckstein, Zvi, Mira, Pedro & Wolpin, Kenneth I. A
quantitative analysis of Swedish fertility dynamics,
1751-1990. 33p.
27/97 Fishman, Arthur & Rob, Rafael. An equilibrium model of firm
growth and industry dynamics. 25p.
21/97 Gandal, Neil, Kende, Michael & Rob, Rafael. The dynamics of
technological adoption in hardware/software systems: the
case of compact disc players. 39p.
25/97 Milesi-Ferretti, Gian Maria & Razin, Assaf. Origins of
sharp reductions in current account deficits: an empirical
analysis. 16p.
20/97 Razin, Assaf & Sadka, Efraim. Globalization: public
economics policy perspectives. 17p.
26/97 Rubinstein, Ariel. Definable preferences: an example. 11p.
19/97 Weiss, Yoram & Fershtman, Chaim. Social status and economic
performance: a survey. 17p.
U.S. DEPARTMENT OF JUSTICE. Economic Analysis Group.
97-3 Crooke, Philip, et al. Effects of the assumed demand system
on simulated postmerger equilibria. 15p.
97-1 Froeb, Luke M. & Werden, Gregory J. A robust test for
consumer welfare enhancing mergers among sellers of a
homogeneous product. 3p.
97-4 McCabe, Mark J. Analyzing welfare in related markets:
durable goods and aftermarkets. 10p.
97-2 Pittman, Russell. Competition law in Central and Eastern
Europe: five years later. 34p.
UNIVERSITA DEGLI STUDI DI VENEZIA. Dipartimento di Scienze Econ.
9707 Billio, Monica & Pelizzon, Loriana. Pricing options with
switching volatility. 26p.
9706 Brugiavini, Agar. Social security and retirement in Italy.
65p.
9709 Brugiavini, Agar & Brunello, Giorgio. An empirical analysis
of interfirm mobility in Italy. 42p.
9710 Gottardi, Piero & Yanelle, Marie-Odile. Financial
innovation and competition among intermediaries. 34p.
9705 Hazari, Bharat R. & Sgro, Pasquale M. Foreign capital
inflow and regional immiserization. 14p.
UNIVERSITY OF VICTORIA (BC). Department of Economics.
9714 Ferguson, Donald G., Jones, J.C.H. & Stewart, Kenneth G.
Competition within a cartel: league conduct and team conduct
in the market for baseball player services. 17p.
9710 Giles, David E.A. The rise and fall of the New Zealand
underground economy: are the responses symmetric?. 14p.
9711 Miyagawa, Shigeyoshi & Morita, Yohji. The relative
importance of the money and the credit channel of the
transmission mechanism of monetary policy. 11p.
9713 Stewart, Kenneth G. & Jones, J.C.H. Hedonics, implicit
markets, and demand analysis: the implicit demand for
baseball player characteristics. 17p.
9712 Zhang, Anming & Zhang, Yimin. Concession revenue and
optimal airport pricing. 16p.
UNIVERSITY OF VIENNA. Department of Economics.
9706 Dierker, Egbert & Grodal, Birgit. Shareholders' surplus,
profits, and the maximization of shareholders' real wealth.
28p.
9709 Kara, Ahmet. Necessary and sufficient conditions for the
transitivity of majority decision with generalized
preferences. 32p.
9708 Kara, Ahmet. A paradox of social rationality: are there
contexts where individual irrationality is more conducive...
14p.
9707 Krasa, Stefan. Efficiency with incomplete information.
31p.
UNIVERSITY OF VIENNA. Zentrum fur Int'l. & Interdis. Studien.
3 Freeman, John R. Democracy and international finance: an
experimental study. 46p.
2 Stark, Oded, Helmenstein, Christian & Prskawetz, Alexia. A
brain gain with a brain drain. 10p.
UNIVERSITY OF VIRGINIA. Center for Studies in Political Economy.
299 Boyd, John H., Levine, Ross & Smith, Bruce D. Inflation and
financial market performance. 54p.
301 Ihrig, Jane & Moe, Karine S. Government policies, informal
employment and growth. 28p.
300 Levine, Ross. Law, finance, and economic growth. 42p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
210 Berliant, Marcus & Dakhlia, Sami. Sensitivity analysis for
applied general equilibrium models in the presence of
multiple equilibria. 24p.
209 Dakhlia, Sami. Testing for a unique equilibrium in applied
general equilibrium models. 17p.
YALE UNIVERSITY. Economic Growth Center.
769 Chase, Robert S. Baby boom or bust?: changing fertility in
post-Communist Czech Republic and Slovakia. 40p.
770 Chase, Robert S. Markets for Communist human capital:
returns to education and experience in the Czech Republic
and Slovakia. 37p.
768 Chase, Robert S. Women's labor force participation during
and after Communism: a case study of the Czech Republic and
Slovakia. 41p.
771 Evenson, Robert E. Rice varietal improvement and
international exchange of rice germplasm. 42p.
773 Evenson, Robert E. & Huffman, Wallace B. Long-run
structural and productivity change in U.S. agricultural
effects of prices and policies. 37p.
774 Kaneko, Fumihiro. An outcome-oriented theory of choice and
empirical paradoxes in expected utility theory. 66p.
772 Ranis, Gustav. The microeconomics of "surplus labor". 24p.
ZAGREB INSTITUTE OF PUBLIC FINANCE. Occasional Papers.
2 Kulis, Danijela & Miljenovic, Zarko. Estimate of revenues
from the value added tax in the Republic of Croatia. 20p.
COWLES FOUNDATION AT YALE UNIVERSITY. Reprint Series.
946 Shiller, Robert J. Public resistance to indexation: a
puzzle.
947 Tobin, James. An overview of "The General Theory".