New Acquisitions - October 1996
UNIVERSIDAD DE ALICANTE. Dept. de Fundamentos de Analisis Econ.
9611 Leon, Angel & Mora, Juan. Modelling conditional
heteroskedasticity: application to stock return index
"IBEX-35". 40p.
9610 Moreno, Bernardo. The uniform rule in economies with single
peaked preferences, endowments and population monotonicity.
28p.
9608 Peris, Josep E. & Subiza, Begona. Numerical representation
for lower quasi-continuous preferences. 13p.
9609 Sanchez, M. Carmen. Rationality of bargaining solutions.
48p.
9607 Tauman, Yair, Urbano, Amparo & Watanabe, Junichi. A model
of multiproduct price competition. 48p.
ASOCIACION SUDEUROPA DE ECONOMICA TEORICA. Econ. Disc. Papers.
151 Aguirre-Perez, Inaki. Most favored customer pricing policy
as an entry deterrence device. 27p.
149 Aguirre-Perez, Inaki. Uniform pricing: good or bad news
about market profitability?. 31p.
152 Crettez, Bertrand, Michel, Phillipe & Vidal, Jean-Pierre.
Time preference and factor mobility in an overlapping
generations model with land. 15p.
148 d'Aspremont, C., Dos Santos-Ferreira, R. & Gerard-Varet,
L.A. Imperfect competition and general equilibrium elements
for a new approach. 36p.
153 Davidson, Russell & MacKinnon, James G. The size and power
of bootstrap tests. 33p.
154 Garella, Paolo G. & Richelle, Yves. Exit, sunk costs and
the selection of firms. 23p.
150 Iza, Amaia. Human capital and R & D activities in a
Schumpeterian endogenous growth model. 24p.
155 Iza, Amaia & Echevarria, Cruz A. Income taxation and finite
horizons in a human capital growth model. 35p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
60 Baltas, Nicholas. Interactions between agricultural credit
and private investment: empirical evidence and policy
implications. 15p.
59 Baltas, Nicholas & Korka, Ourania. Modelling farmers' land
use decisions. 22p.
79 Demopoulos, George D. & Yannacopoulos, Nicholas A.
Stability of a monetary union: theoretical considerations.
21p.
AUSTRALIAN NATIONAL UNIVERSITY. Faculty of Economics.
301 Apps, P.F. & Rees, R. Collective labor supply and household
production. 18p.
307 Garvey, Gerald T., Grant, Simon & King, Stephen P. A model
of myopic corporate behaviour with efficient stock markets
and optimal management incentive contracts. 17p.
306 Hooper, Vince & Pointon, John. Call features and term to
maturity of callable foreign bonds. 10p.
305 Hooper, Vince & Pointon, John. The valuation of the option
to expropriate a multinational enterprise's assets. 8p.
304 Lau, Sau-Him Paul. Testing the long run effect of
investment on output in the presence of cointegration. 30p.
309 Meagher, Kieron J. Efficient hierarchies: equivalence under
differing employment regimes. 30p.
308 Pitchford, Rohan & Snyder, Christopher M. Property rights
and incomplete contracts: dealing with nuisance. 43p.
BANK OF JAPAN. Institute for Monetary & Economic Studies.
9627 Oda, Nobuyuki. A note on the estimation of Japanese
government bond yield curves. 18p.
9625 Seno'o, Morio. Yamada Hagaki and the history of paper
currency in Japan. 29p.
9626 Ueda, Michio, Taguchi, Isamu & Saito, Tsutomu.
Non-destructive analysis of the fineness of Kobans in the
Yedo period. 33p.
CALIFORNIA INSTITUTE OF TECHNOLOGY. Div. of the Human. & Soc. Sci.
958 Bossaerts, Peter. Martingale restrictions on equilibrium
prices of Arrow-Debreu securities under rational
expectations.... 46p.
977 Bossaerts, Peter, Ghysels, Eric & Gourieroux, Christian.
Arbitrage-based pricing when volatility is stochastic. 39p.
970 Camerer, Colin, Knez, Marc & Weber, Roberto A. Timing and
virtual observability in ultimatum bargaining and `weak
link' coordination games. 34p.
971 Dutta, Bhaskar & Mutuswami, Suresh. Stable networks. 20p.
948 Fohlin, Caroline. Fiduciari and firm liquidity constraints:
the Italian experience with German style universal banking.
25p.
974 Ho, Teck Hua, Weigelt, Keith & Camerer, Colin. Iterated
dominance and iterated best response in experimental
`p-beauty contests'. 54p.
956 Ledyard, John O. & Palfrey, Thomas R. Interim efficiency in
a public goods problem. 20p.
978 Ledyard, John O., Porter, David & Rangel, Antonio. The
results of some tests of mechanism design for the allocation
and pricing of collections of heterogeneous items. 35p.
975 Lovallo, Dan & Camerer, Colin F. Overconfidence and excess
entry: an experimental approach. 31p.
957 Plott, Charles R. Laboratory experimental testbeds:
application to the PCS auction. 32p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
73 Frankel, Jeffrey A. & Rose, Andrew K. Economic structure
and the decision to adopt a common currency. 57p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
11/96 Carrington, Samantha, Carrington-Crouch, Robert & Everett,
Lorne. A cost benefit analysis of California's leaking
underground fuel tanks. 19p.
10/96 Hahm, Joon-Ho & Steigerwald, Douglas G. Consumption
adjustment under changing income uncertainty. 26p.
UNIVERSIDAD CARLOS III de MADRID. Dept. de Economia.
9638 Boucekkine, Raouf, Germain, Marc & Licandro, Omar.
Replacement echoes in the vintage capital growth model.
17p.
9636 Corcho-Sanchez, Paula I. Generalized externality games:
economic applications. 20p.
9640 Einy, Ezra, Monderer, Dov & Moreno, Diego. The least core,
kernel, and bargaining sets of large games. 20p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1442 Castanheira, Micael & Roland, Gerard. The optimal speed of
transition: a general equilibrium analysis. 22p.
1454 Dow, James. Arbitrage, hedging and financial innovation.
32p.
1461 Gang, Ira N. & Zimmermann, Klaus F. Is child like parent?:
educational attainment and ethnic origin. 24p.
1455 Lutz, Stefan. Vertical product differentiation and entry
deterrence. 18p.
1451 Neven, Damien & Wyplosz, Charles. Relative prices, trade
and restructuring in European industry. 31p.
1462 O Grada, Cormac & O'Rourke, Kevin H. Migration as disaster
relief: lessons from the Great Irish Famine. 36p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
96-9 Nandi, Saikat. Pricing and hedging index options under
stochastic volatility: an empirical examination. 34p.
96-8 Zha, Tao. Identification, vector autoregression, and block
recursion. 32p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
215 Velde, Francois R., Weber, Warren E. & Wright, Randall. A
model of commodity money, with applications to Gresham's Law
and the debasement puzzle. 34p.
216 Imrohoroglu, Ayse, Merlo, Antonio & Rupert, Peter. On the
political economy of income redistribution and crime. 38p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
9617 Berlin, Mitchell & Butler, Alexander W. Public versus
private debt: confidentiality, control, and product markets.
27p.
9616 Crone, Theodore M. & Voith, Richard P. Risk and return in
the single-family housing market. 22p.
FEDERAL RESERVE BOARD. Finance & Economics Discussion Series.
9635 Aizcorbe, Ana & Starr-McCluer, Martha. Vehicle ownership,
vehicle acquisitions and the growth of auto leasing:
evidence from consumer surveys. 16p.
9637 Berkowitz, Jeremy. Generalized spectral estimation. 17p.
9630 Clerida, Sofronia, Lach, Saul & Tybout, James. Is
"learning-by-exporting" important?: microdynamic evidence
from Columbia, Mexico and Morocco. 58p.
9632 Elmendorf, Douglas W. & Kimball, Miles S. Taxation of labor
income and the demand for risky assets. 36p.
9636 Fenn, George W., Post, Mitch & Sharpe, Steven A. Debt
maturity and the use of interest rate derivatives by
nonfinancial firms. 40p.
9634 Helwege, Jean & Liang, Nellie. Initial public offerings in
hot and cold markets. 34p.
9623 Kiley, Michael T. Endogenous price stickiness and business
cycle persistence. 38p.
9633 Kiley, Michael T. The lead of output over inflation in
sticky price models. 20p.
FEDERAL RESERVE BOARD. International Finance Papers.
563 Frankel, Jeffrey A. & Schmukler, Sergio L. Country fund
discounts and the Mexican crisis of December 1994: did local
residents turn pessimistic..?. 38p.
564 Ghei, Nita & Kamin, Steven B. The use of the parallel
market rate as a guide to setting the official exchange
rate. 46p.
561 Haltmaier, Jane T. Inflation-adjusted potential output.
48p.
565 Huh, Chan. Some evidence on the efficacy of the UK
inflation targeting regime: an out of sample forecast
approach. 30p.
562 Sheets, Nathan & Boata, Simona. Eastern European export
performance during the transition. 38p.
HARVARD UNIVERSITY. Institute of Economic Research.
1772 Chamberlain, Gary & Imbens, Guido W. Nonparametric
applications of Bayesian inference. 22p.
1769 Davis, Donald R. Trade liberalization and income
distribution. 15p.
1773 Davis, Donald R. & Weinstein, David E. Does economic
geography matter for international specialization?. 61p.
1774 Dekel, Eddie, Fudenberg, Drew & Levine, David K. Payoff
information and self-confirming equilibrium. 32p.
1771 Gourinchas, Pierre-Olivier & Tornell, Aaron. Exchange rate
dynamics and learning. 57p.
1770 Hall, Brian J. & Weinstein, David E. The myth of the
patient Japanese corporate myopia and financial distress in
Japan and the U.S. 33p.
1772 Kremer, Michael & Maskin, Eric. Wage inequality and
segregation by skill. 61p.
1775 Metrick, Andrew & Zeckhauser, Richard. Price versus
quantity: market clearing mechanisms when sellers differ in
quality. 39p.
1776 Weitzman, Martin L. On the welfare significance of national
product under interest-rate uncertainty. 17p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
113 El-Yaniv, Ran. Is it rational to be competitive?: on the
decision-theoretical foundations of the competitive ratio.
34p.
112 Israeli, Eitan. Sowing doubt optimally in two-person
repeated games. 16p.
UNIVERSITY OF ICELAND. Faculty of Economics & Business Admin.
9604 Baldursson, Friorik Mar & Magnusson, Guomundur. Portfolio
fishing. 16p.
9605 Danielsson, Jon & de Vries, Casper G. Tail index and
quantile estimation with very high frequency data. 22p.
9603 Hebertsson, Tryggvi Thor & Benedikts-dottir, Sigridur.
Growth and environmental policies in Iceland: a descriptive
account. 31p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9632 Calinski, T. & LeJeune, M. A fresh look at testing
hypotheses on dimensionality in the MANOVA model. 16p.
9631 Combes, P.P., Caillaud, B. & Jullien, B. Common market with
regulated firms. 37p.
9633 Gourieroux, C., Jasiak, J. & Le Fol, G. Intra-day market
activity. 47p.
UNIVERSITY OF IOWA. Department of Economics.
9612 De Jong, David N., Ingram, Beth N. & Whiteman, Charles.
Cyclical implications of the variable utilization of
physical and human capital. 26p.
9611 Horowitz, Joel. Bootstrap methods for median regression
models. 51p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
371 Carroll, Christopher D. Buffer-stock saving and the life
cycle/permanent income hypothesis. 63p.
370 Foster, Dean & Young, Peyton. Learning with hazy beliefs.
29p.
369 Young, H. Peyton. Social coordination and social change.
29p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9616 Abul Naga, Ramses H. Prediction and sufficiency in the
model of factor analysis. 28p.
9614 Degryse, Hans & Irmen, Andreas. R & D decisions when
quality and variety interact. 29p.
9617 Irmen, Andreas. Precommitment in competing vertical chains.
44p.
9615 Neven, Damien & Wyplosz, Charles. Relative prices, trade
and restructuring in European industry. 30p.
UNIVERSITY OF MELBOURNE. Department of Economics.
529 McDonald, Ian M. A Kaldorian model of the trade cycle.
51p.
531 Olekalns, Nilss & Wilkins, Nigel. Re-examining the evidence
for long-run purchasing power parity. 9p.
MONASH UNIVERSITY. Department of Econometrics.
8/96 Atukorala, Ranjani & King, Maxwell L. A comparison of the
accuracy of asymptotic approximations in the dynamic
regression model using Kullback-Leibler... 16p.
9/96 Harris, Mark N., Longmire, Richard J. & Matyas, Laszlo. The
robustness of estimators for dynamic panel data models to
misspecification. 29p.
5/96 Kalb, Guyonne. Using the EM algorithm with complete, but
scrambled, data. 41p.
6/96 Laskar, Mizan R. & King, Maxwell L. Estimation of
regression disturbances based on minimum message length.
19p.
10/96 Maharaj, Anne & Inder, Brett. A test to compare two related
stationary time series. 20p.
7/96 Silvapulle, Paramsothy & Evans, Merran. Testing for serial
correlation in the presence of dynamic heteroscedasticity.
35p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
5730 Alesina, Alberto & Perotti, Roberto. Fiscal adjustments in
OECD countries: composition and macroeconomic effects. 46p.
5752 Andersen, Torben G. & Bollerslev, Tim. Heterogeneous
information arrivals and return volatility dynamics:
uncovering the long run in high frequency return. 42p.
5748 Apte, Prakash, Servu, Piet & Uppal, Raman. The equilibrium
approach to exchange rates: theory and tests. 42p.
5725 Bartolini, Leonardo & Drazen, Allan. Capital account
liberalization as a signal. 38p.
5746 Berry, Steven, Kortum, Samuel & Pakes, Ariel. Environmental
change and hedonic cost functions for automobiles. 16p.
5747 Black, Stanley W. Issues in Korean exchange rate policy.
26p.
5710 Bordo, Michael D. & Schwartz, Anna J. Why clashes between
internal and external stability goals end in currency
crises, 1797-1994. 52p.
5726 Bresnahan, Timothy F., Stern, Scott & Trajtenberg, Manuel.
Market segmentation and the sources of rents from
innovation: personal computes in the late 1980s. 50p.
5701 Card, David & Robins, Philip K. Do financial incentives
encourage welfare recipients to work?: evidence from a
randomized evaluation of the SSP. 64p.
5708 Card, David & Krueger, Alan. School resources and student
outcomes: an overview of the literature and new evidence
from No & So Carolina. 34p.
5740 Chaloupka, Frank J. & Grossman, Michael. Price, tobacco
control policies and youth smoking. 39p.
5709 Chinn, Menzie & Johnston, Louis. Real exchange rate levels,
productivity and demand shocks: evidence from a panel of 14
countries. 36p.
5715 Clerides, Sofronis, Lach, Saul & Tybout, James. Is
"learning-by-exporting" important?: microdynamic evidence
from Colombia, Mexico and Morocco. 57p.
5737 Cullen, Julie Berry & Levitt, Steven D. Crime, urban
flight, and the consequences for cities. 44p.
5706 Davis, Donald R. & Weinstein, David E. Does economic
geography matter for international specialization. 61p.
5714 Frankel, Jeffrey A. & Schmukler, Sergio L. Country fund
discounts, asymmetric information and the Mexican crisis of
1994: did local residents turn pessimistic. 43p.
5732 Frankel, Jeffrey A., Romer, David & Cyrus, Teresa. Trade
and growth in East Asian countries: cause and effect?. 39p.
5721 Gali, Jordi. Technology, employment, and the business
cycle: do technology shocks explain aggregate fluctuations?.
53p.
5705 Gibbons, Robert. Incentives and careers in organizations.
35p.
5735 Gordon, Robert J. The time-varying NAIRU and its
implications for economic policy. 52p.
5704 Grossman, Herschel I. & Kim, Minseong. Inequality,
predation and welfare. 23p.
5713 Grossman, Michael, Chaloupka, Frank J. & Brown, Charles C.
The demand for cocaine by young adults: a rational addiction
approach. 61p.
5738 Gruber, Jonathan. Cash welfare as a consumption smoothing
mechanism for single mothers. 43p.
5729 Hao, Li. Unraveling in assignment markets. 33p.
5722 Harrigan, James. Technology, factor supplies and
international specialization: estimating the neoclassical
model. 39p.
5711 Hovakimian, Armen & Kane, Edward J. Risk-shifting by
federally insured commercial banks. 30p.
5724 Hunt, Jennifer. Has work sharing worked in Germany?. 37p.
5716 Hunt, Jennifer. The response of wages and actual hours
worked to the reduction of standard hours in Germany. 49p.
5712 Jaffe, Adam B. & Trajtenberg, Manuel. Flows of knowledge
from universities and federal labs: modeling the flow of
patent citations over time.... 29p.
5718 Kremer, Michael & Maskin, Eric. Wage inequality and
segregation by skill. 61p.
5723 Kwan, Yum K. & Lui, Francis T. Hong Kong's currency board
and changing monetary regimes. 38p.
5696 Markusen, James R., et al. A unified treatment of
horizontal direct investment, vertical direct investment and
the pattern of trade in goods... 36p.
5728 Metrick, Andrew & Zeckhauser, Richard. Price versus
quantity: market clearing mechanisms when sellers differ in
quality. 39p.
5707 Mitchell, Olivia, Olson, Jan & Steinmeier, Thomas.
Construction of the Earnings and Benefits File (EBF) for use
with the Health and Retirement Survey. 56p.
5717 Morton, Fiona Scott. The strategic response by
pharmaceutical firms to the Medicaid most favored customer
rules. 38p.
5733 Neumark, David & Gardecki, Rosella. Women helping women?:
role-model and mentoring effects on female Ph.D. students in
economics. 35p.
5736 Papke, Leslie E. Are 401(k) plans replacing other
employee-provided pensions?: evidence from panel data. 40p.
5719 Svensson, Lars E.O. Price-level targeting vs. inflation
targeting: a free lunch?. 28p.
5720 Takagi, Shinji. The Yen and its East Asian neighbors,
1980-95: cooperation or competition?. 39p.
5742 Taylor, Alan M. International capital mobility in history:
purchasing power parity in the long run. 41p.
5743 Taylor, Alan M. International capital mobility in history:
the saving-investment relationship. 53p.
5684 Woodford, Michael. Control of the public debt: a
requirement for price stability?. 35p.
UNIVERSITY OF NEW ENGLAND (Australia). Department of Econometrics.
86 Battese, George E. On the estimation of production
functions involving explanatory variables which have zero
values. 6p.
87 Griffiths, William & Valenzuela, Rebecca. Bayesian
estimation of some Australian ELES-based equivalance scales.
27p.
89 O'Donnell, C.J. Inefficiency, uncertainty, and the
structure of cost, cost-share and input demand functions.
15p.
88 Rambaldi, Alicia N. & Doran, Howard E. Testing for Granger
non-causality in cointegrated systems made easy. 22p.
OSAKA UNIVERSITY. Institute of Social and Economic Research.
412 Horioka, Charles Y. & Watanabe, Wako. Why do people save?:
a micro-analysis of motives for household saving in Japan.
27p.
411 Kidokoro, Yukihiro. Rate of return regulation and the
valuation basis of rate base: the A-J effect, the
intertemporal rate base... 34p.
414 Seko, Miki. Simultaneous choice of current housing tenure
choice and anticipated co-residence with children in Japan.
13p.
413 Tsuneki, Atsushi. Potential welfare criteria and the choice
of large projects. 7p.
417 Yamada, Hiroshi & Toda, Hiro Y. Inference in possibly
integrated vector autoregressive models: finite sample
evidence. 36p.
PRINCETON UNIVERSITY. Industrial Relations Section.
367 Krueger, Alan B. Do markets respond more to more reliable
labor market data?: a test of market rationality. 22p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1085 Cooper, Arnold C. & Daily, Catherine M. Entrepreneurial
teams. 35p.
1084 Smith, Keith V. Asset allocation and investment horizon.
28p.
UNIVERSITY OF ROCHESTER. Center for Economic Research.
425 Beladi, Hamid, Jones, Ronald W. & Marjit, Sugata.
Technology for sale. 16p.
428 Bils, Mark & Kahn, James A. What inventory behavior tell us
about business cycles. 48p.
424 Hanushek, Eric A. Assessing the effects of school resources
on student performance: an update. 38p.
421 Hopenhayn, Hugo A. & Nicolini, Juan Pablo. Optimal
unemployment insurance. 33p.
422 Hopenhayn, Hugo A. & Muniagurria, Maria E. Policy
variability and economic growth. 18p.
426 Maniquet, F. A strong incompatibility between efficiency
and equity in non-convex economies. 11p.
427 Rebelo, Sergio & Xie, Danyang. On the optimality of
interest rate smoothing. 28p.
423 Schummer, James & Thomson, William. Two derivations of the
uniform rule and an application to bankruptcy. 12p.
UNIVERSITY OF SOUTHERN CALIFORNIA. Dept. of Econ-Anderson Series.
9409 Cason, Timothy N. & Davis, Douglas D. Price communications
in a multi-market context: an experimental investigation.
35p.
9410 Cason, Timothy N. & Friedman, Daniel. Price discovery in
double auction markets. 31p.
9408 Cason, Timothy N. & Mason, Charles F. Uncertainty,
information sharing and collusion in laboratory duopoly
models. 49p.
9407 Easterlin, Richard A. Industrial Revolution and Mortality
Revolution: two of a kind?. 33p.
WASHINGTON UNIVERSITY-ST. LOUIS. Department of Economics.
203 Keating, John W. Structural inference with VAR models that
are identified by long run recursive orderings. 25p.
204 Keating, John W. & Nye, John V. The dynamic effects of
aggregate demand and supply disturbances in the G7
countries. 20p.
205 Keating, John W. & Nye, John V. Permanent and transitory
shocks in real output: estimates from 19th century and
postwar economies. 35p.
WASHINGTON UNIVERSITY. CSAB. Formal Publications (Pamphlets).
132 Hopkins, Thomas D. Regulatory costs in profile. 25p.
133 Sykuta, Michael. Do automobile fuel economy standards
work?. 22p.