New Acquistions - October 2002

     ATHENS UNIVERSITY OF ECONOMICS & BUSINESS.  Dept. of Economics.    

     145    Bitros, George C. & Flytzanis, Elias G.  A rehabilitation of
            economic replacement theory.  32p.                          
     144    Fiorito, Riccardo & Kollintzas, Tryphon.  Public goods,     
            merit goods, and the relation between private and government
            consumption.  35p.                                          
     146    Tsionas, Efthymios G. & Christopoulos, Dimitris K.          
            Cointegration modeling of interrelated factor demands, with 
            an application to labor import substitution in the European
	    Union.    
            22p.                                                        

     BANCO DE ESPANA.  Servicio de Estudios.                            

     2002-13 Alberola, Enrique, Buisan, Ana & Fernandez de Lis, Santiago.
             The quest for nominal and real convergence through         
            integration in Europe and Latin America.  43p.              
     2002-14 Hernando, Ignacio & Tiomo, Andre.  Financial constraints and
            investment in France and Spain: a comparison using firm     
            level data.  35p.                                           

     BANK OF JAPAN.  Institute for Monetary & Economic Studies.         

     2002-15 Jang, Kyungho & Ogaki, Masao.  The effects of Japanese      
            monetary policy shocks on exchange rates: a structural      
            vector error correction model approach.  44p.               
     2002-17 Kawai, Masahiro.  Exchange rate arrangements in East Asia:  
            lessons from the 1997-98 currency crisis.  51p.             
     2002-13 McKinnon, Ronald & Schanl, Gunther.  Synchronized business  
            cycles in East Asia: fluctuations in the Yen/dollar exchange
            rate and China's stabilizing role.  70p.                    
     2002-11 Meltzer, Allan H.  New international financial arrangements.
             14p.                                                       
     2002-10 Nanjo, Takashi.  Developments in land prices and bank       
            lending in interwar Japan: effects of the real estate       
            finance problem on the banking industry.  40p.              
     2002-12 Obstfeld, Maurice.  Exchange rates and adjustment:          
            perspectives from the new open economy macroeconomics.  37p.
     2002-14 Watanabe, Toshiaki.  Measuring business cycle turning points
            in Japan with a dynamic Markov switching factor model.  48p.
     2002-16 von Hagen, Jurgen & Bruckner, Matthias.  Monetary and fiscal
            policy in the European monetary union.  49p.                

     UNIVERSITY OF CALIFORNIA-BERKELEY.  Department of Economics.       

     317    Charness, Gary & Rabin, Matthew.  Understanding social      
            preferences with simple tests.  55p.                        
     316    Echenique, Federico & Edlin, Aaron.  Mixed equilibrium in   
            games of strategic complements are unstable.  22p.          
     311    Hall, Bronwyn H.  The financing of research and development.
             24p.                                                       
     315    Hwang, Min & Quigley, John M.  Price discovery in time and  
            space: the course of condominium prices in Singapore.  55p. 
     312    O'Donoghue, Ted & Rabin, Matthew.  Addiction and            
            present-biased preferences.  52p.                           
     314    O'Donoghue, Ted & Rabin, Matthew.  Procrastination on       
            long-term projects.  40p.                                   
     313    Rabin, Matthew.  A perspective on psychology and economics. 
            43p.                                                        

     BANK OF CANADA.  Technical Reports.                                

     91     Freedman, Charles & Goodlet, Clyde.  The financial services 
            sector: an update on recent developments.  15p.             
     90     Murray, John & Powell, James.  Dollarization in Canada: the 
            buck stops there.  46p.                                     

     COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.    

     1378   Andrews, Donald W.K. & Lieberman, Offer.  Higher-order      
            improvements of the parametric bootstrap for long-memory    
            Gaussian processes.  40p.                                   
     1314r  Diamond, Peter & Geanakoplos, John.  Social security        
            investment in equities.  30p.                               
     1382   Fair, Ray C.  Risk aversion and stock prices.  18p.         
     1381   Fair, Ray C. & Oster, John F.  Comparing the predictive     
            information content of college football rankings.  19p.     
     1380   Geanakoplos, John, Magill, Michael & Quinzii, Martine.      
            Demography and the long-run predictability of the stock     
            market.  31p.                                               
     1376   Hall, George & Rust, John.  Econometric methods for         
            endogenously sampled time series: the case of commodity     
            price speculation in the steel market.  54p.                
     1377   Morris, Stephen & Ui, Takashi.  Best reponse equivalence.   
            31p.                                                        

     FEDERAL RESERVE BANK OF DALLAS.  Research Department.              

     2002-3 Gruben, William C., Koo, Jahyeong & Millis, Eric.  How much 
            does international trade affect business cycle              
            synchronization?  35p.                                     

     FEDERAL RESERVE BANK OF MINNEAPOLIS.  Research Department.         

     310    Cooper, Russell & Willis, Jonathan L.  The economics of     
            labor adjustment: mind the gap.  30p.                       
     311    Cooper, Russell & Kempf, Hubert.  Overturning Mundell:      
            fiscal policy in a monetary union.  34p.                    

     FEDERAL RESERVE BANK OF PHILADELPHIA.  Economic Research Division. 

     2002-12 Carlino, Gerald & Coulson, N. Edward.  Compensating         
            differentials and the social benefits of the NFL.  22p.     
     2002-14 Carlino, Gerald, DeFina, Robert & Sill, Keith.  The cyclical
            behavior of state employment during the postwar period.     
            38p.                                                        
     2002-15 Croushore, Dean & Stark, Tom.  Forecasting coin demand.     
            49p.                                                        
     2002-11 Dedola, Luca & Leduc, Sylvain.  Why are business cycles     
            alike across exchange rate regimes?  37p.                  
     2002-13 Leduc, Sylvain, Sill, Keith & Stark, Tom.  Self-fulfilling  
            expectations and the inflation of the 1970s: evidence from  
            the Livingston Survey.  34p.                                

     FEDERAL RESERVE BOARD.  Finance & Economics Discussion Series.     

     2002-37 Aizcorbe, Ana, Flamm, Kenneth & Khurshid, Anjum.  The role  
            of semiconductor inputs in IT hardware price decline:       
            computers vs. communications.  42p.                         
     2002-41 Borzekowski, Ron.  Health care finance and the early        
            adoption of hospital information systems.  33p.             
     2002-42 Borzekowski, Ron.  Measuring the cost impact of hospital    
            information systems, 1987-1994.  37p.                       
     2002-35 Cavalluzzo, Ken & Wolken, John.  Small business loan        
            turndowns, personal wealth and discrimination.  32p.        
     2002-43 Cummins, Jason G. & Nyman, Ingmar.  The dark side of        
            competitive pressure.  34p.                                 
     2002-39 Downing, Chris & Zhang, Frank.  Trading activity and price  
            volatility in the municipal bond market.  30p.              
     2002-34 Durham, J. Benson.  The extreme bounds of the cross-section 
            of expected stock returns.  46p.                            
     2002-40 Gurkaynak, Refet S., Sack, Brian & Swanson, Eric.           
            Market-based measures of monetary policy expectations.  39p.
     2002-36 Liang, Nellie & Weisbenner, Scott.  Investor behavior and   
            the purchase of company stock in 401(k) plans: the          
            importance of plan design.  53p.                            
     2002-38 Palumbo, Michael, Rudd, Jeremy & Whelan, Karl.  On the      
            relationships between real consumption, income, and wealth. 
            27p.                                                        

     FEDERAL RESERVE BOARD.  International Finance Papers.              

     737    Ahmed, Shaghil, et al.  Are depreciations as contractionary 
            as devaluations?  A comparison of selected emerging and     
            industrial economies.  44p.                                 
     738    Arteta, Carlos O.  Exchange rate regimes and financial      
            dollarization: does flexibility reduce bank currency        
            mismatches?  41p.                                          
     734    Guerrieri, Luca.  The inflation persistence of staggered    
            contracts.  34p.                                            
     736    Kamin, Steven B.  Identifying the role of moral hazard in   
            international financial markets.  48p.                      
     735    Marazzi, Mario.  On the fragility of gains from trade under 
            continuously differentiated Bertrand competition.  35p.     

     FEDERAL TRADE COMMISSION.  Bureau of Economics.                    

     251    DeGraba, Patrick.  Efficient inter-carrier compensation for 
            completing networks when customers share the value of a     
            call.  29p.                                                 

     IOWA STATE UNIVERSITY.  Department of Economics.                   

     2002-2 Edelman, Mark A.  A preliminary assessment: 2001 court      
            restructuring plan impacts on three Iowa counties.  27p.    
     2002-5 Koesrindartoto, Deddy.  Discrete double auctions with       
            artificial adaptive agents: a case study of an electricity  
            market using a double auction simulator.  65p.              
     2002-4 Meyer, Rebecca, Orazem, Peter & Wachenheim, William A.      
            Labor supply responses to employer-provided health          
            insurance.  34p.                                            
     2002-3 Rousu, Matthew, et al.  The value of verifiable information 
            in a controversial market: evidence from lab auctions of    
            genetically modified food.  52p.                            
     2002-1 Tesfatsion, Leigh.  Agent-based computational economics.    
            30p.                                                        

     LONDON SCHOOL OF ECONOMICS.  Financial Markets Group.              

     418    Bray, Margaret & Goodhart, Charles.  "You might as well be  
            hung for a sheep as a lamb:" the loss function of an agent. 
            29p.                                                        
     421    Burkart, Mike & Ellingsen, Tore.  In-kind finance.  32p.    
     419    Jurczenko, Emmanuel, Maillet, Bertrand & Negrea, Bogdan.    
            Skewness and kurtosis implied by option prices: a second    
            comment.  32p.                                              

     MACQUARIE UNIVERSITY.  Department of Economics.                    

     5/2002 Cooray, Arusha.  Financial deregulation in Sri Lanka:       
            implications for capital mobility.  26p.                    
     4/2002 O'Donnell, Rod.  The thick and the thin of controversy: a   
            critique of Bateman on Keynes.  18p.                        
     3/2002 O'Donnell, Rod.  What kind of economics graduates do we     
            want?  A constructive critique of Hansen's proficiencies    
            approach.  14p.                                             

     UNIVERSITY OF MELBOURNE.  Department of Economics.                 

     851    Dixon, Robert.  A discussion of the appropriate method for  
            decomposing changes over time in a weighted aggregate into  
            its proximate determinants and an application to male
	    participation rate changes.  23p.                           
     849    McLaren, Zoe.  The effectiveness of reserve bank of         
            Australia foreign exchange intervention.  40p.              
     848    Olekalns, Nilss.  The teaching of first year economics in   
            Australian universities.  21p.                              
     850    Phillips, Bruce & Griffiths, William.  Female earnings and  
            divorce rates: some Australian evidence.  29p.              

     NATIONAL BUREAU OF ECONOMIC RESEARCH.  Working Papers.             

     9210   Abel, Andrew B.  The effects of a baby boom on stock prices 
            and capital accumulation in the presence of social security.
             31p.                                                       
     9144   Abraham, Jean M., Vogt, William B. & Gaynor, Martin S.      
            Household demand for employer-based health insurance.  40p. 
     9184   Abrego, Lisandro & Whalley, John.  Decomposing wage         
            inequality change using general equilibrium models.  31p.   
     9124   Acemoglu, Daron, et al.  Institutional causes, macroeconomic
            symptoms: volatility, crises and growth.  81p.              
     9191   Acemoglu, Daron, Aghion, Philippe & Zilibotti, Fabrizio.    
            Vertical integration and distance to frontier.  12p.        
     9212   Agrawal, Ajay & Cockburn, Iain M.  University research,     
            industrial R&D, and the anchor tenant hypothesis.  44p.     
     9154   Aizenman, Joshua & Marion, Nancy.  International reserve    
            holdings with sovereign risk and costly tax collection.     
            32p.                                                        
     9190   Aizenman, Joshua, Kletzer, Kenneth M. & Pinto, Brian.       
            Sargent-Wallace meets Krugman-Flood-Garber, or: why         
            sovereign debt swaps don't avert macroeconomic crises.  31p.
     9209   Aizer, Anna & Currie, Janet.  Networks or neighborhoods?    
            Correlations in the use of publicly-funded maternity care in
            California.  39p.                                           
     9132   Auerbach, Alan J. & Hassett, Kevin.  Optimal long-run fiscal
            policy: constraints, preferences and the resolution of      
            uncertainty.  37p.                                          
     9136   Babiker, Mustafa H., Metcalf, Gilbert E. & Reilly, John.    
            Tax distortions and global climate policy.  32p.            
     9128   Banks, James, Blundell, Richard & Smith, James P.  Wealth   
            portfolios in the U.K. and the U.S.  53p.                   
     9156   Bar-Gill, Oren, Barzua, Michal & Bebchuk, Lucien.  The      
            market for corporate law.  41p.                             
     9170   Bernard, Andrew B., Jensen, J. Bradford & Schott, Peter K.  
            Survival of the best fit: competition from low wage         
            countries and the uneven growth of U.S. manufacturing       
            plants.  36p.                                               
     9155   Bound, John, et al.  The welfare implications of increasing 
            disability insurance benefit generosity.  71p.              
     9225   Cappelli, Peter.  Why do employees pay for college?  44p.  
     9157   Carey, Kathleen & Dor, Avi.  Does managerial                
            `outsourcing'reduce expense preference behavior?  A         
            comparison of adopters and non-adopters of contract-management
            in U.S. hospitals.  30p.      
     9213   Case, Anne, Paxson, Christina & Ableidinger, Joseph.        
            Orphans in Africa.  48p.                                    
     9189   Casella, Alessandra.  Storable votes.  44p.                 
     9193   Charles, Kerwin K. & Stephens, Melvin.  Abortion            
            legalization and adolescent substance use.  38p.            
     9181   Clemens, Michael A. & Williamson, Jeffrey G.  Why did the   
            tariff-growth correlation reverse after 1950?  62p.        
     9178   Cochrane, John H.  Bond risk premia.  44p.                  
     9166   Cogan, John F. & Mitchell, Olivia S.  The role of economic  
            policy in social security reform: perspectives from the     
            President's Commission.  35p.                               
     9180   Corcoran, Sean P., Evans, William N. & Schwab, Robert S.    
            Changing labor market opportunities for women and the       
            quality of teachers 1957 to 1992.  45p.                     
     9177   Dembo, Amir, Deuschel, Jean-Dominique & Duffie, Darrell.    
            Large portfolio losses.  17p.                               
     9224   Desai, Mihir A., Foley, C. Fritz & Hines, James R.  Chains  
            of ownership, regional tax competition, and foreign direct  
            investment.  42p.                                           
     9115   Desai, Mihir A., Foley, C. Fritz & Hines, James R.          
            International joint ventures and the boundaries of the firm.
             52p.                                                       
     9165   Di Tella, Rafael & Fisman, Raymond.  Are politicians really 
            paid like bureaucrats?  42p.                               
     9174   Driscoll, John C. & Holden, Steinar.  Coordination, fair    
            treatment and inflation persistence.  37p.                  
     9164   Edison, Hali J., et al.  International financial integration
            and economic growth.  38p.                                  
     9198   Evans, William N. & Topoleski, Julie H.  The social and     
            economic impact of Native American casinos.  66p.           
     9203   Feldstein, Martin.  The role for discretionary fiscal policy
            in a low interest rate environment.  11p.                   
     9122   Feliciano, Zadia & Lipsey, Robert E.  Foreign entry into    
            U.S. manufacturing by takeovers and the creation of new     
            firms.  23p.                                                
     9143   Ferson, Wayne E., Sarkissian, Sergei & Simin, Timothy.      
            Spurious regressions in financial economics?  34p.         
     9120   Foster, Lucia, Haltiwanger, John & Krizan, C.J.  The link   
            between aggregate and micro productivity growth: evidence   
            from retail trade.  62p.                                    
     9201   Frankel, Jeffrey A. & Rose, Andrew K.  Is trade good or bad 
            for the environment?  Sorting out the causality.  53p.      
     9123   Galenson, David W. & Jensen, Robert.  Careers and canvases: 
            the rise of the market for modern art in the 19th century.  
            58p.                                                        
     9149   Galenson, David W.  The New York School vs. the School of   
            Paris: who really made the most important art after World   
            War II?  41p.                                              
     9226   Gentry, William M. & Hubbard, R. Glenn.  The effects of     
            progressive income taxation on job turnover.  44p.          
     9150   Glaeser, Edward, Scheinkman, Jose & Shleifer, Andrei.  The  
            injustice of inequality.  42p.                              
     9171   Glaeser, Edward L.  The political economy of hatred.  59p.  
     9153   Glaeser, Edward L., Sacerdote, Bruce I. & Scheinkman, Jose  
            A.  The social multiplier.  24p.                            
     9116   Goetzmann, William, et al.  Sharpening Sharpe ratios.  42p. 
     9141   Goolsbee, Austan.  The impact and inefficiency of the       
            corporate income tax: evidence from state organizational    
            form data.  25p.                                            
     9137   Gorton, Gary & Huang, Lixin.  Banking panics and the origin 
            of central banking.  42p.                                   
     9158   Gorton, Gary & Huang, Lixin.  Liquidity, efficiency and bank
            bailouts.  43p.                                             
     9206   Gowrisankaran, Gautam & Town, Robert.  Competition, payers, 
            and hospital quality.  34p.                                 
     9151   Gowrisankaran, Gautam & Holmes, Thomas J.  Do mergers lead  
            to monopoly in the long run?  Results from the dominant firm
            model.  42p.                                                
     9119   Gray, Wayne B. & Mendeloff, John M.  The declining effects  
            of OSHA inspections on manufacturing injuries: 1979 to 1986.
             31p.                                                       
     9125   Gray, Wayne B. & Shadbegian, Ronald J.  `Optimal' pollution 
            abatement: whose benefits matter, and how much?  39p.      
     9216   Grossman, Michael, Keastner, Robert & Markowitz, Sara.  Get 
            high and get stupid: the effect of alcohol and marijuana use
            on teen sexual behavior.  41p.                              
     9148   Gruber, Jonathan & Kubik, Jeffrey.  Health insurance        
            coverage and the disability insurance application decision. 
            38p.                                                        
     9183   Gustman, Alan L. & Steinmeier, Thomas L.  The social        
            security early entitlement age in a structural model of     
            retirement and wealth.  47p.                                
     9159   Hatton, Timothy J. & Williamson, Jeffrey G.  What           
            fundamentals drive world migration?  34p.                  
     9162   Head, Keith, Ries, John & Spencer, Barbara J.  Vertical     
            networks and U.S. auto parts exports: is Japan different?  
            37p.                                                        
     9194   Heckman, James J.  Flexibility and job creation: lessons for
            Germany.  57p.                                              
     9065   Helliwell, John F.  How's life?  Combining individual and   
            national variables to explain subjective well-being.  44p.  
     9207   Hendershott, Patric H., Pryce, Gwilym & White, Michael.     
            Household leverage and the deductibility of home mortgage   
            interest: evidence from U.K. house purchases.  44p.         
     9214   Hendershott, Patric H. & Ward, Charles W.R.  Valuing and    
            pricing retail leases with renewal and overage options.     
            27p.                                                        
     9145   Hogan, Vincent & Rigobon, Roberto.  Using heteroscedasticity
            to estimate the returns to education.  25p.                 
     9208   Hsieh, Chang-Tai & Moretti, Enrico.  Can free entry be      
            inefficient?  Fixed commissions and social waste in the real
            estate industry.  58p.                                      
     9140   Hurd, Michael D., Smith, James P. & Zissimopoulos, Julie M. 
            The effects of subjective survival on retirement and social 
            security claiming.  36p.                                    
     9142   Hurd, Michael D. & Smith, James P.  Expected bequests and   
            their distribution.  35p.                                   
     9188   Kopczuk, Wojciech.  The trick is to live: is the estate tax 
            social security for the rich?  24p.                        
     9186   Kopczuk, Wojciech, Slemrod, Joel & Yitzhaki, Shlomo.  Why   
            world distribution fails.  47p.                             
     9202   Krueger, Dirk & Perri, Fabrizio.  Does income inequality    
            lead to consumption inequality?  Evidence and theory.  44p. 
     9195   Lachance, Marie-Eve & Mitchell, Olivia S.  Understanding    
            individual account guarantees.  34p.                        
     9169   Lai, Huiwen & Trefler, Daniel.  The gains from trade with   
            monopolistic competition: specification, estimation and     
            mis-specification.  50p.                                    
     9215   Lakdawalla, Darius & Zanjani, George.  Insurance,           
            self-protection, and the economics of terrorism.  26p.      
     9192   Leeper, Eric M. & Zha, Tao.  Modest policy interventions.   
            39p.                                                        
     9175   Lerner, Josh & Tirole, Jean.  Efficient patent pools.  45p. 
     9146   Lerner, Josh & Schoar, Antoinette.  The illiquidity puzzle: 
            theory and evidence from private equity.  42p.              
     9138   Levine, Ross.  Bank-based or market-based financial systems:
            which is better?  42p.                                     
     9131   Liang, Nellie & Weisbenner, Scott.  Investor behavior and   
            the purchase of company stick in 401k plans: the importance 
            of plan design.  62p.                                       
     9139   Lichtenberg, Frank R.  The effect of changes in drug        
            utilization on labor supply and per capita output.  46p.    
     9228   Linsenmeier, David M., Rosen, Harvey S. & Rouse, Cecilia E. 
            Financial aid packages and college enrollment decisions: an 
            econometric case study.  51p.                               
     9185   Lleras-Muney, Adriana & Lichtenberg, Frank R.  The effect of
            education on medical technology adoption: are the more      
            educated more likely to use new drugs?  45p.               
     9218   McCallum, Bennett T.  Consistent expectations, rational     
            expectations, multiple-solution indeterminacies, and least  
            squares learnability.  30p.                                 
     9117   McMillan, Margaret, Rodrik, Dani & Welch, Karen H.  When    
            economic reform goes wrong: cashews in Mozambique.  59p.    
     9172   Mocan, H. Naci, Scafidi, Benjamin & Tekein, Erdal.  Catholic
            schools and bad behavior.  37p.                             
     9168   Moffitt, Robert.  Welfare programs and labor supply.  61p.  
     9134   Mukand, Sharun & Rodrik, Dani.  In search on the Holy Grail:
            policy convergence, experimentation, and economic           
            performance.  50p.                                          
     9147   Neal, Larry & Weidenmeier, Marc.  Crises in the global      
            economy from tulips to today: contagion and consequences.   
            60p.                                                        
     9133   Neal, Derek.  The measured black-white wage gap among women 
            is too small.  37p.                                         
     9173   Nelson, Jonathan L. & Zeckhauser, Richard J.  A Renaissance 
            instrument to support nonprofits: the sale of private       
            chapels in Florentine churches.  51p.                       
     9118   Obstfeld, Maurice.  Exchange rates and adjustment:          
            perspectives from the new open economy macroeconomics.  37p.
     9176   Odell, Kerry A. & Weidenmeier, Marc D.  Real shock, monetary
            aftershock: the San Francisco earthquake and the panic of   
            1907.  44p.                                                 
     9196   Parker, Jonathan A. & Preston, Bruce.  Precautionary saving 
            and consumption fluctuations.  51p.                         
     9121   Puga, Diego & Trefler, Daniel.  Knowledge creation and      
            control in organizations.  44p.                             
     9179   Rangel, Antonio.  How to protect future generations using   
            tax base restrictions.  31p.                                
     9211   Razin, Assaf & Sadka, Efraim.  A Brazilian debt crisis.  7p.
     9204   Razin, Assaf.  FDI contribution to capital flows and        
            investment in capacity.  31p.                               
     9130   Remier, Dahlia K., Zivin, Joshua G. & Glied, Sherry A.      
            Modeling health insurance expansions: effects of alternate  
            approaches.  25p.                                           
     9129   Rodrik, Dani.  Feasible globalizations.  25p.               
     9126   Romano, Roberta.  Does confidential proxy voting matter?   
            51p.                                                        
     9182   Rosenbloom, Joshua L.  Path dependence and the origins of   
            cotton textile manufacturing in New England.  41p.          
     9227   Sacerdote, Bruce.  Slavery and the intergenerational        
            transmissoin of human capital.  62p.                        
     9187   Slemrod, Joel.  Trust in public finance.  40p.              
     9200   Slemrod, Joel & Katuscak, Peter.  Do trust and              
            trustworthiness pay off?  57p.                             
     9197   Snyder, Stephen E. & Evans, William N.  The impact of income
            on mortality: evidence from the social security notch.  53p.
     9223   Spolaore, Enrico & Wacziarg, Romain.  Borders and growth.   
            45p.                                                        
     9135   Stephens, Melvin.  "3rd of the month": Do social security   
            recipients smooth consumption between checks?  39p.        
     9199   Stiglitz, Joseph & Yun, Jungyoll.  Integration of           
            unemployment insurance with retirement insurance.  55p.     
     9127   Stock, James H. & Watson, Mark W.  Has the business cycle   
            changed and why?  78p.                                     
     9167   Thomasson, Melissa A.  Did Blue Cross and Blue Shield suffer
            from adverse selection?  Evidence from the 1950s.  25p.     
     9129   Tornell, Aaron & Westermann, Frank.  Boom-bust cycles in    
            middle income countries: facts and explanation.  45p.       
     9221   Uribe, Martin.  A fiscal theory of sovereign risk.  28p.    
     9163   Ventura, Jaume.  Towards a theory of current accounts.  41p.
     9152   West, Sarah E. & Williams, Roberton C.  Estimates from a    
            consumer demand system: implications for the incidence of   
            environmental taxes.  39p.                                  
     9161   Williamson, Jeffrey G.  Winners and losers over two         
            centuries of globalization.  58p.                           

     UNIVERSITY OF NEW SOUTH WALES.  School of Economics.               

     2002-8 Ghosh, Arghya.  A note on vertical integration and trade.   
            15p.                                                        
     2002-6 Ghosh, Arghya & Morita, Hodaka.  Differentiated duopoly     
            under vertical relationships with communication costs.  32p.
     2002-7 Ghosh, Arghya & Saha, Souresh.  Excess entry with asymmetric
            costs.  25p.                                                
     2002-5 Gough, Rebecca & Hill, Robert J.  Property rights and the   
            allocation of time in economics in transition.  19p.        
     2002-9 Hill, Robert J.  Measuring price differences across space   
            and time: the case of the European Union's harmonized index 
            of consumer pr.  36p.                                       
     2002-3 Hill, Robert J.  A new and problematic axiom for price and  
            quality indexes.  14p.                                      

     NEW YORK UNIVERSITY.  Salomon Center (Stern School of Business).   

     2002-29 Archarya, Viral V., Hasan, Iftekhar & Saunders, Anthony.    
            The effects of focus and diversification on bank risk and   
            return: evidence from individual bank loan portfolios.  23p.
     2002-27 Allen, Linda, et al.  The role of bank advisors in mergers  
            and acquisitions.  50p.                                     
     2002-32 Barberis, Nicholas, Schleifer, Andrei & Wurgler, Jeffrey.   
            Comovement.  38p.                                           
     2002-17 Clayton, Matthew & Yermack, David.  Major league baseball   
            player contracts: an investigation of the empirical         
            properties of real options.  31p.                           
     2002-26 Cremers, K.J.M. & Mei, Jianping.  Testing the duo-factor    
            model of return and volume.  44p.                           
     2002-28 Deo, Rohit S. & Richardson, Matthew.  On the asymptotic     
            power of the variance ratio test.  12p.                     
     2002-20 Elton, Edwin J., et al.  Factors affecting the valuation of 
            corporate bonds.  44p.                                      
     2002-22 Elton, Edwin J., Gruber, Martin J. & Blake, Christopher.  A 
            first look at the accuracy of the CRSP mutual fund database 
            and a comparison with Morningstar mutual fund databases.  16p.
     2002-19 Elton, Edwin J., Gruber, Martin J. & Blake, Christopher.    
            Incentive fees and mutual funds.  35p.                      
     2002-25 Elton, Edwin J. & Gruber, Martin J.  Optimum centralized    
            portfolio construction with decentralized portfolio         
            management.  18p.                                           
     2002-21 Elton, Edwin J., et al.  Spiders: where are the bugs?  34p.
     2002-16 Figlewski, Stephen.  Assessing the incremental value of     
            option pricing theory relative to an "informationally       
            passive" benchmark.  32p.                                   
     2002-18 Hartzell, Jay, Ofek, Eli & Yermack, David.  What's in if for
            me?  CEOs whose firms are acquired.  35p.                   
     2002-30 Inderst, Roman & Muller, Holger M..  Internal vs. external  
            financing: an optimal contracting approach.  32p.           
     2002-31 Saar, Gideon.  Investor uncertainty and order flow          
            information.  42p.                                          
     2002-23 Shleifer, Andrei & Wolfenzon, Daniel.  Investor protection  
            and equity markets.  39p.                                   
     2002-15 Silber, William L.  On the nature of trading: do speculators
            leave footprints?  20p.                                    
     2002-24 Wachter, Jessica A.  Portfolio and consumption decisions    
            under mean-reverting returns: an exact solution for complete
            markets.  36p.                                              

     UNIVERSITY OF OTTAWA.  Department of Economics.                    

     2002-4 Atallah, Gamal.  Opportunity costs, competition, and firm   
            selection.  25p.                                            

     UNIVERSITY OF PENNSYLVANIA.  Center for Analytic Research in Econ. 

     2002-9 Lizzeri, Alessandro, Meyer, Margaret A. & Persico, Nicola.  
            The incentive effects of interim performance evaluations.   
            25p.                                                        

     UNIVERSITY OF STOCKHOLM.  Department of Economics.                 

     2002-12 Agell, Jonas & Bennmarker, Helge.  Wage policy and          
            endogenous wage rigidity: a representative view from the    
            inside.  83p.                                               
     2002-13 Dufwenberg, Martin, et al.  Price floors and competition.   
            31p.                                                        
     2002-14 Lindquist, Matthew J.  Capital-skill complementarity and    
            inequality over the business cycle.  35p.                   

     UNIVERSITY OF TOKYO. Ctr. for Int'l. Research on the Japanese Econ.

     160    Aoki, Reiko & Nagaoka, Sadao.  The utility standard and the 
            patentability of basic research.  30p.                      
     161    Feng, Cheng-Min, Kan, Chao-Chung & Khan, Haider A.  On      
            modelling negotiations within a dynamic multi-objective     
            programming framework: analysis of risk measurement with an
	    application to large BOT.   
            31p.                                                        
     168    Iwamoto, Yasushi.  The fiscal investment and loan program in
            transition.  24p.                                           
     167    Kamiya, Kazuya & Shimizu, Takashi.  Real indeterminacy of   
            stationary equilibria in matching models with media of      
            exchange.  36p.                                             
     163    Khan, Haider A.  The extended panda's thumb and a new global
            financial architecture.  32p.                               
     164    Khan, Haider A.  How effective is Japanese foreign aid?     
            Econometric results from a bounded rationality model for    
            Indonesia.  25p.                                            
     166    Khan, Haider A.  Managing global risks and creating         
            prosperity: the role of the IMF and regional financial      
            architectures.  28p.                                        
     162    Kubokawa, Tatsuya & Srivastava, M.S.  Estimating the        
            covariance matrix: a new approach.  21p.                    
     165    Lin, Chin-Shien, Khan, Haider A. & Huang, Chi-Chung.  Can   
            the neuro fuzzy model predict stock indexes better than its 
            rivals?  48p.                                              
     158    Miwa, Yoshiro & Ramseyer, J. Mark.  The legislative dynamic:
            evidence from the deregulation of financial services in     
            Japan.  25p.                                                
     159    Miwa, Yoshiro & Ramseyer, J. Mark.  Who appoints them, what 
            do they do?  Evidence on outside directors from Japan.  29p.

     COWLES FOUNDATION AT YALE UNIVERSITY.  Reprint Series.             

     1040   Shubik, Martin.  Game theory and operations research: some  
            musings 50 years later.                                  
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