New Acquisitions - August-September 1998
UNIVERSITY OF ADELAIDE. Department of Economics.
98-6 Brennan, G. & Pincus, J.J. Is vertical fiscal imbalance so
inefficient?, or: the flypaper effect is not an anomaly.
16p.
98-5 Pomfret, Richard. Poverty in the Kyrgyz Republic. 16p.
UNIVERSITY OF ALBERTA. Department of Economics.
98-3 Buse, A. & Chan, W.H. Invariance, price indices and
estimation in almost ideal demand systems. 38p.
98-4 Sharir, Shmuel. Nepotism, discrimination and value of
owner's ability to choose employees: issues of persistence,
etc... 16p.
ATHENS UNIVERSITY OF ECONOMICS & BUSINESS. Dept. of Economics.
93 Collard, Fabrice & Kollintzas, Tryphon. Depreciation rate
along the business cycle. 21p.
96 Siakantaris, Nikos P. Laboratory experimentation in
economics under the microscope. 23p.
98 Vlassis, Minas. Endogenous wage-compliance and
"underground" wages in oligopoly. 23p.
BANCO DE ESPANA. Servicio de Estudios.
9814 Ayuso, Juan, Kaminsky, Graciela L. & Lopez-Salido, David. A
switching-regime model for the Spanish inflation: 1962-1997.
27p.
9817 Cabrero, Alberto, et al. The controllability of a monetary
aggregate in EMU. 38p.
9813 Vinals, Jose. The retreat of inflation and the making of
monetary policy: where do we stand? 36p.
UNIVERSIDAD AUTONOMA DE BARCELONA. Dept. de Economia et de Emet.
419 de la Fuente, Angel. What kind of regional convergence?
33p.
418 Nicolo, Antonio. Nash implementation in truthful
strategies, strategy-proofness and efficiency on the
restricted domain of Leontief.. 26p.
421 Perez-Castrillo, David & Sotomayor, Marilda. A simple
selling and buying procedure. 23p.
420 Petith, Howard. A formalization of Elster's version of the
Marxian revolution, viewed as a contingent event. 15p.
UNIV. DE BARCELONA. Div. de Ciencies Juridiques, Econ i Socials.
30 Berenguer, Eduard, Bonn, Holger & Raffelhuschen, Bernd.
Generational accounting in Spain: has public sector grown
too much? 31p.
BEN GURION UNIVERSITY. Monaster Center for Economic Research.
98-4 Einy, Ezra & Shitovitz, Benyamin. Equivalence of value and
competitive allocations in large exchange economies with
differential information. 39p.
9802 Perez-Castrillo, David & Wettstein, David. Implementation
of bargaining sets via simple mechanisms. 19p.
98-3 Ruffle, Bradley & Tykocinski, Orit. Unwrapping the
deadweight loss of gift giving. 24p.
STATE UNIVERSITY OF NEW YORK AT BUFFALO. Department of Economics.
9801 Courty, Pascal & Marschke, Gerald. An empirical
investigation of gaming responses to performance incentives.
45p.
9802 Holmes, James M. & Hutton, Patricia A. Individual
rationality and market failure: a defense of Keynesian
disequilibrium economics. 43p.
UNIV. OF CALIFORNIA-BERKELEY. Ctr. for Int'l. & Devel. Econ. Res.
100 Kletzer, Kenneth M. & Wright, Brian D. Sovereign debt as
intertemporal barter. 32p.
101 Obstfeld, Maurice. EMU: ready or not? 42p.
UNIVERSITY OF CALIFORNIA-SANTA BARBARA. Department of Economics.
6/98 Cabrales, Antonio & Ponti, Giovanni. Implementation,
elimination of weakly dominated strategies and evolutionary
dynamics. 34p.
11/98 Frech, H.E. Reform of fee-for-service Medicare: the
forgotten opportunity. 27p.
7/98 Garratt, Rod & Qin, Cheng-Zhong. On market games when
agents cannot be two places at once. 21p.
8/98 Pippenger, John. Modeling foreign exchange markets: stock
versus flow. 55p.
9/98 Shapiro, Perry & Petchey, Jeffrey. The coincidence of
collective and individual interests. 8p.
10/98 Shapiro, Perry & Petchey, Jeffrey. Policy harmonization in
integrated common factor markets. 36p.
UNIVERSITY OF CANTERBURY. Department of Economics.
9805 Froyen, Richard T. & Guender, Alfred V. Alternative
monetary policy rules for small open economies. 39p.
9804 Gregory, Allan W. & Haug, Alfred A. Conflicts among tests
for cointegration. 8p.
CENTRE D'ETUDES PROS. D'ECON MATH APPLIQUEES A LA PLANIFICATION.
9806 Adda, Jerome & Eaton, Jonathan. Borrowing with unobserved
liquidity constraints: structural estimation with an
application to sovereign debt. 37p.
9802 Adda, Jerome & Robin, Jean-Marc. Estimation from
cross-sections of integrated time series. 13p.
9808 Amable, Bruno & Palombarini, Stefano. Technical change and
incorporated R & D in the service sector. 28p.
9722 Benassy, Jean-Pascal. On the optimality of activist
policies with a less informed government. 14p.
9804 Boyer, Robert. Evolution des modeles productifs et
hybridation: geographie, histoire et theorie. 62p.
9805 Boyer, Robert. Heurs et malheure de l'industrie Francaise:
1945-1995: essor et crise d'une variante etatique du modele
fordiste. 34p.
9807 Caroli, Eve. Formation et regimes de croissance dans cinq
economies de l'OCDE. 37p.
9803 Llinares, Juan Vicente. Abstract convexity, some relations
and applications. 22p.
9801 Llinares, Juan Vicente. Existence of equilibrium in
generalized games with non-convex strategy spaces. 15p.
COLUMBIA UNIVERSITY. Grad. School of Business-Paine Webber Series.
9724 Constantinides, George M., Donaldson, John B. & Mehra,
Rajnish. Junior can't borrow: a new perspective on the
equity premium puzzle. 34p.
9722 Edwards, Franklin R. & Zhang, Xin. Mutual funds and stock
and bond market stability. 45p.
9720 Heal, Geoffrey M. The economics of increasing returns.
19p.
9721 Himmelberg, Charles P., Hubbard, R. Glenn & Palia, Darius.
Understanding the determinants of managerial ownership and
the link between ownership and performance. 47p.
9723 Ohlson, James A. Revisiting the basics of return and risk
in equilibrium. 17p.
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS AT YALE UNIVERSITY.
1183 Geanakoplos, J., et al. A strategic market game with active
bankruptcy. 41p.
1184 Shubik, Martin. Game theory, complexity and simplicity,
part III: critique and prospective. 25p.
(ENGLAND) CENTRE FOR ECONOMIC POLICY RESEARCH.
1922 Anton, James J., Vander Weide, James H. & Vettas, Nikolaos.
Strategic pricing and entry under universal service and
cross-market price constraints. 33p.
1941 Artis, Michael, Mizen, Paul & Kontolemis, Zenon. Inflation
targeting: what can the European Central Bank learn from the
recent experience of the Bank of England?. 21p.
1926 Artis, Michael, Kohler, Marion & Melitz, Jacques. Trade and
the number of optimum currency areas in the world. 48p.
1927 Attanasio, Orazio P., Guiso, Luigi & Jappelli, Tullio. The
demand for money, financial innovation and the welfare cost
of inflation: an analysis with households' data. 50p.
1932 Bayoumi, Tamim & MacDonald, Ronald. Deviations of exchange
rates from purchasing power parity: a story featuring two
monetary unions. 20p.
1893 Beetsma, Roel M.W.J. & Schotman, Peter C. Measuring risk
attitudes in a natural experiment: data from the television
game show Lingo. 45p.
1955 Benabou, Roland & Ok, Efe A. Social mobility and the demand
for redistribution: the POUM hypothesis. 32p.
1906 Bennett, John & Dixon, Huw David. Monetary policy and
credit in China: a theoretical analysis. 23p.
1925 Bertocchi, Graziella & Spagat, Michael. The evolution of
modern educational systems: technical vs. general education,
distributional conflict and growth. 35p.
1911 Blau, David M. & Riphahn, Regina T. Labour force
transitions of older married couples in Germany. 39p.
1950 Boot, Arnoud W.A., Milbourn, Todd T. & Thakor, Anjan V.
Expansion of banking scale and scope: don't banks know the
value of focus?. 29p.
1949 Boot, Arnoud W.A. & Schmeits, Anjolein. Market discipline
and incentive problems in conglomerate banks. 38p.
1909 Bottazzi, Laura & Manasse, Paolo. Workers' versus bankers'
Europe (II): policy externalities and credibility in EMU.
26p.
1905 Bouckhaert, Jan & Degryse, Hans. Price competition between
an expert and a non expert. 29p.
1946 Brown, Annette N. & Brown, J. David. Does market structure
matter?: new evidence from Russia. 36p.
1868 Burkart, Mike, Gromb, Denis & Panunzi, Fausto. Block premia
in transfers of corporate control. 36p.
1945 Cameron, Gavin & Muellbauer, John. The housing market and
regional commuting and migration choices. 49p.
1923 Campbell, John Y., Kim, Sangjoon & Lettau, Martin.
Dispersion and volatility in stock returns: an empirical
investigation. 25p.
1953 Castillo, Sonsoles, Dolado, Juan J. & Jimeno, Juan F. The
fall in consumption from being unemployed in Spain and
Portugal. 20p.
1954 Castillo, Sonsoles, Dolado, Juan J. & Jimeno, Juan F. A
tale of two neighbour economies: labour market dynamics in
Spain and Portugal. 39p.
1908 Clarida, Richard, Gali, Jordi & Gertler, Mark. Monetary
policy rules and macroeconomic stability: evidence and some
theory. 35p.
1939 Cordella, Tito & Yeyati, Eduaro Levy. Financial opening,
deposit insurance and risk in a model of banking
competition. 42p.
1931 Cordella, Tito & Grilo, Isabel. `Social dumping' and
relocation: is there a case for imposing a social clause?.
34p.
1924 de la Fuente, Angel. What kind of regional convergence?.
33p.
1938 Dessus, Sebastien & Suwa-Eisenmann, Akiko. Trade
integration with Europe, export diversification and economic
growth in Egypt. 30p.
1935 Dixit, Avinash, Grossman, Gene M. & Gul, Faruk. A theory of
political compromise. 45p.
1929 Driffill, John & Miller, Marcus. No credit for transition:
the Maastrict Treaty and German unemployment. 26p.
1942 Dustmann, Christian & Preston, Ian. Attitudes to ethnic
minorities, ethnic context and location decisions. 33p.
1904 Eichengreen, Barry & Kohl, Richard. The external sector,
the state and development in Eastern Europe. 65p.
1913 Fernandez, Raquel. Education and borrowing constraints:
tests vs. prices. 34p.
1952 Fischer, Peter A., et al. Why do people stay? the insider
advantages approach: empirical evidence from Swedish labour
markets. 55p.
1944 Flood, Robert P. & Rose, Andrew K. Understanding exchange
rate volatility without the contrivance of macroeconomics.
18p.
1919 Francois, Joseph F. & Nelson, Douglas. Trade, technology
and wages: general equilibrium mechanics. 25p.
1897 Garner, Thesia I. & Terrell, Katherine. A Gini
decomposition analysis of inequality in the Czech and Slovak
Republics during the transition. 26p.
1894 Gehrig, Thomas. Cities and the geography of financial
centres. 45p.
1947 Glick, Reuven & Rose, Andrew K. Contagion and trade: why
are currency crises regional?. 27p.
1900 Gylfason, Thorvaldur, Herbertsson, Truggvi T. & Zoega,
Gylfi. Ownership and growth. 22p.
1937 Haaland, Jan I. & Wooton, Ian. International competition
for multinational investment. 28p.
1917 Harhoff, Dietmar & Korting, Timm. Lending relationships in
Germany: empirical results from survey data. 34p.
1902 Haskel, Jonathan & Sanchis, Amparo. A bargaining model of
Farrell inefficiency. 27p.
1907 Haskel, Jonathan & Heden, Ylva. Computers and the demand
for skilled labour: industry and establishment-level panel
evidence for the United Kingdom. 11p.
1940 Haskel, Jonathan & Slaughter, Matthew J. Does the sector
bias of skill-based technical change explain changing wage
inequality? 41p.
1910 Hege, Ulrich & Viala, Pascale. Contentious contracts. 32p.
1930 Helpman, Elhanan & Rangel, Antonio. Adjusting to a new
technology: experience and training. 43p.
1936 Huizinga, Harry & Nielsen, Soren Bo. Is coordination of
fiscal deficits necessary? 23p.
1934 James, Sallie & Anderson, Kym. On the need for more
economic assessment of quarantine/SPS policies. 30p.
1901 Keely, Louise C. & Quah, Danny. Technology in growth. 36p.
1887 Keuschnigg, Christian. Venture capital: a case for
investment promotion. 44p.
1928 Konings, Jozef & Walsh, Patrick P. Disorganization in the
transition process: firm-level evidence from Ukraine. 31p.
1918 Manove, Michael & Padilla, A. Jorge. Banking
(conservatively) with optimists. 33p.
1943 Miles, David & Iben, Andreas. The reform of pension
systems: winners and losers across generations. 28p.
1921 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
reversals and currency crises: empirical regularities. 52p.
1916 Neary, J. Peter & O'Sullivan, Paul. Beat 'em or join 'em?:
export subsidies versus international research joint
ventures in oligopolistic markets. 36p.
1915 Neuman, Shoshana & Oaxaca, Ronald L. Estimating labour
market discrimination w/ selectivity corrected wage
equations :... an illustration from Israel. 30p.
1912 Neven, Damien J., Roller, Lars-Hendrik & Zhang, Zhentang.
Union power and product market competition: evidence from
the airline industry. 24p.
1951 O'Donoghue, Ted & Zweimuller, Josef. Patents in a model of
endogenous growth. 42p.
1903 Ottaviano, Gianmarco & Thisse, Jacques-Francois.
Agglomeration and trade revisited. 35p.
1874 Padoa Schioppa Kostoris, Fiorella. Economic policy and
reforms in contemporary Italy. 72p.
1920 Rotte, Ralph & Vogler, Michael. Determinants of
international migration: empirical evidence for migration
from developing countries to Germany. 40p.
1933 Strutt, Anna & Anderson, Kym. Will trade liberalization
harm the environment?: the case of Indonesia 2000. 34p.
1914 Thisse, Jacques-Francois, Jellal, Mohamed & Zenou, Yves.
Deand uncertainty, mismatch and (un)employment: a
microeconomic approach. 21p.
1961 Venables, Anthony J. The international division of
industries: clustering and comparative advantage in a
multi-industry model. 26p.
1957 Zigic, Kresimir. Strategic trade policy: how important is
the informational constraint?: the case of optimal
tariff when technological innovations spill over to the
foreign competitor. 34p.
UNIVERSITY OF ESSEX. Department of Economics.
481 Hindriks, Jean. The consequences of labor mobility for
redistribution: a comparison between three approaches. 13p.
483 McGarry, Joanne. The estimation of systems of joint
differential difference equations with non integer lags.
30p.
484 Markose, Sheri Marina. Game theory for central bankers:
have the got it right?. 39p.
482 Smith, Eric F. & Webb, Tracy J. A tale of two cities: tax
competition and local public services. 24p.
FEDERAL RESERVE BANK OF ATLANTA. Research Department.
98-9 Ackert, Lucy F. & Church, Brian K. Bid-ask spreads in
multiple dealer settings: some experimental evidence. 29p.
98-8 Ackert, Lucy F. & Athanassakos, George. Institutional
investors, analyst following, and the January anomaly. 26p.
9813 Ackert, Lucy F. & Racine, Marie D. Stochastic trends and
cointegration in the market for equities. 19p.
98-7 Ackert, Lucy F., Church, Brian K. & Sankar, Mandira Roy.
Voluntary disclosure under imperfect competition:
experimental evidence. 26p.
9810 Chang, Roberto & Velasco, Andres. Financial crises in
emerging markets: a canonical model. 50p.
9812 Sims, Christopher A. & Zha, Tao A. Does monetary policy
generate recessions?. 60p.
FEDERAL RESERVE BANK OF DALLAS. Research Department.
9802 Balke, Nathan S. & Petersen, D'Ann. How well does the Beige
Book reflect economic activity?: evaluating qualitative
information quantitatively. 34p.
9803 Cox, W. Michael & Ruffin, Roy J. What should economists
measure?: the implications of mass production vs. mass
customization. 5p.
FEDERAL RESERVE BANK OF MINNEAPOLIS. Research Department.
252 Allen, Beth & Jordan, James S. The existence of rational
expectations equilibrium: a retrospective. 28p.
251 Chari, V.V. & Kehoe, Patrick J. Optimal fiscal and monetary
policy. 118p.
250 McGrattan, Ellen R. & Schmitz, James A. Explaining
cross-country income differences. 89p.
FED RESERVE BANK OF MPLS-UNIV OF MINN. Inst. for Empirical Macro.
126 Mulligan, Casey B. Microfoundations and macro implications
of indivisible labor. 41p.
FEDERAL RESERVE BANK OF NEW YORK. Research & Market Analysis Group.
43 Bartolini, Leonardo & Prati, Alessandro. Soft exchange rate
bands and speculative attacks: theory and evidence from the
ERM since August 1993. 38p.
42 Osler, C.L. Identifying noise traders: the head and
shoulders pattern in U.S. equities. 39p.
FEDERAL RESERVE BANK OF PHILADELPHIA. Economic Research Division.
9817 Carlino, Gerald A. & DeFina, Robert. Monetary policy and
the U.S. states and regions: some implications for European
Monetary Union. 30p.
FEDERAL TRADE COMMISSION. Bureau of Economics.
219 Wilson, Bart J. & Reynolds, Stanley S. Price movements over
the business cycle in U.S. manufacturing industries. 53p.
HARVARD UNIVERSITY. Institute of Economic Research.
1837 Helpman, Elhanan & Persson, Torsten. Lobbying and
legislative bargaining. 46p.
1838 Jun, Byoung & Vives, Xavier. Dynamic price competition and
Stackelberg warfare. 48p.
1840 La Porta, Rafael, Lopez-de-Silanes, Florencio & Shleifer,
Andrei. Corporate ownership around the world. 58p.
1839 La Porta, Rafael, et al. Agency problems and dividend
policies around the world. 39p.
1841 Shleifer, Andrei. State versus private ownership. 33p.
1843 Weitzman, Martin L. Gamma discounting. 29p.
1842 Williamson, Jeffrey G. Real wages and relative factor
prices in the Third World 1820-1940: the Mediterranean
Basin. 65p.
HEBREW UNIV. Center for Rationality & Interactive Decision Theory.
177 Blarer, Albert, Keaser, Tamar & Shmida, Avi. Does learning
of flower size by foraging bumblebees involve concept
formation? 10p.
176 Keaser, Tamar, Fershtman, Inbal & Shmida, Avi. Learning
performance of foraging bees during manipulation of
inter-visit time intervals. 10p.
179 Simon, Robert S., Spiez, Stanislaw & Torunczyk, Henryk.
Equilibria in games with information which is non-standard
and incomplete on one side. 15p.
175 Solan, Eilon. Extensive-form correlated equilibria. 22p.
178 Sunstein, Cass R. & Ullmann-Margalit, Edna. Second-order
decisions. 48p.
174 Ullmann-Margalit, Edna. On not wanting to know. 20p.
HEBREW UNIVERSITY. Department of Economics.
98-1 Ber, Hevda, Yafeh, Yishay & Yosha, Oved. Conflict of
interest in universal banking: evidence from the post-issue
performance of IPO firms. 33p.
98-2 Galor, Oded & Weil, David N. Population, technology, and
growth: from the Malthusian regime to the demographic
transition. 50p.
98-4 Sussman, Nathan & Yafeh, Yishay. Institutions, economic
growth and country risk: evidence from Japanese government
debt in the Meiji period. 44p.
98-3 Rubinstein, Yona & Sussman, Nathan. The Gibson paradox: a
contradiction of the Fisher equation or a liquidity effect?
44p.
HEBREW UNIVERSITY. Landau Center for Research in Math Analysis.
6 Kifer, Yuri. Game options. 24p.
10 Peleg, Bezalel & Sudholter, Peter. The positive prekernel
of a cooperative game. 22p.
2 Peleg, Bezalel & Sudholter, Peter. Single-peakedness and
coalition-proofness. 9p.
1 Zippin, M. Almost locally minimal projections in finite
dimensional Banach spaces. 17p.
INSTITUT NATIONAL DE LA STATISTIQUE ET DES ETUDES ECONOMIQUES.
9821 Billio, M., Monfort, A. & Robert, C.P. The simulated
likelihood ratio (SLR) method. 37p.
9819 Butucea, C. The adaptive rate of convergence in a problem
of pointwise density estimation. 8p.
9818 Butucea, C. Exact adaptive pointwise estimation on Sobolev
classes of densities. 35p.
9820 Dauxois, Jean Yves. A new method for proving weak
convergence results applied to Hjort's nonparametric Bayes
estimators. 15p.
9824 Dionne, G., Gourieroux, C. & Vanasse, C. Evidence of
adverse selection in automobile insurance markets. 39p.
9825 Gourieroux, C. & Jasiak, J. Truncated maximum likelihood,
and nonparametric tail analysis. 38p.
9816 Guihenneuc-Jouyaux, Chantal, Mengersen, Kerrie L. & Robert,
Christian P. Markov Chain Monte Carlo (MCMC) convergence
diagnostics: a review. 42p.
9822 Magnac, T. & Visser, M. Transition models with measurement
errors. 24p.
9823 Pons, O. & Visser, M. Non-stationary Cox regression. 29p.
9817 Robert, Christian P. MCMC specifics of latent variable
models. 24p.
UNIVERSITY OF IOWA. Department of Economics.
9808 Neely, Christopher J., Roy, Amlan & Whiteman, Charles.
Identification failure in the intertemporal consumption
CAPM. 21p.
BANCA DE ITALIA. Research Department.
332 Cukierman, Alex & Lippi, Francesco. Central bank
independence, centralization of wage bargaining, inflation
and unemployment: theory and evidence. 63p.
331 Pozzolo, Alberto Franco. Research and development, regional
spillovers, and the location of economic activities. 37p.
JOHNS HOPKINS UNIVERSITY. Department of Political Economy.
403 Karni, Edi & Safra, Zvi. Individual sense of justice: a
utility representation. 31p.
UNIVERSITE DE LAUSANNE. Dept. d'Econometrie d' Econ. Politique.
9803 Holly, Alberto, et al. An econometric model of health care
utilization and health insurance in Switzerland. 12p.
9806 Mattei, Aurelio. Full-scale real tests of consumer behavior
using experimental data. 33p.
9805 Neven, Damien & Von Ungern-Sternberg, Thomas. The
competitive impact of the UBS-SBC merger. 23p.
9804 Perotti, Enrico C. & Von Thadden, Ernst-Ludwig. Dominant
investors and strategic transparency. 40p.
9809 Von Thadden, Ernst-Ludwig. Asymmetric information, bank
lending and implicit contracts: the winner's curse. 16p.
LONDON SCHOOL OF ECONOMICS. Financial Markets Group.
300 Cornelli, Francesca & Felli, Leonardo. Revenue efficiency
and change of control: the case of bankruptcy. 33p.
298 Danielsson, Jon & de Vries, Casper. Beyond the sample:
extreme quantile and probability estimation. 39p.
297 de Meza, David & Webb, David. Credit rationing may involve
excessive lending. 12p.
296 Ortalo-Magne, Francois & Rady, Sven. Housing market
fluctuations in a life-cycle economy with credit
constraints. 34p.
299 Webb, David C. The impact of liquidity constraints on bank
lending policy. 33p.
LONDON SCHOOL OF ECONOMICS. Int'l. Centre for Econ & Related Disc.
355 Besley, Timothy & Pande, Rohini. Read my lips: the
political economy of information transmission. 32p.
356 Faure-Grimaud, Antoine, Laffont, Jean-Jacques & Martimort,
David. A theory of supervision with endogenous transaction
costs. 39p.
UNIVERSITY OF LONDON-BIRKBECK COLLEGE. Department of Economics.
4/98 Bianchi, Marco, Gudmundsson, Bjorn R. & Zoega, Gylfi.
Iceland's natural experiment in supply-side economics. 20p.
5/98 Coakley, Jerry & Fuertes, Ana Maria. Nonlinearities in
excess foreign exchange returns. 18p.
3/98 Georgellis, Yannis & Wall, Howard J. Gender difference in
self-employment: panel evidence from the former West
Germany. 21p.
UNIV. OF LONDON-BIRKBECK COLLEGE. Inst. for Financial Research.
48 Christodoulakis, George A. & Satchell, Stephen E.
Correlated ARCH (CorrARCH): a new model for the time-varying
conditional correlation between financial asset return.
44p.
49 Daripa, Arupratan & Varotto, Simone. Agency incentives and
soft-link regulation of market risk. 40p.
MACQUARIE UNIVERSITY. Department of Economics.
7/98 Lancaster, Geoff. Towards a new methodology for strategic
marketing planning in SMEs. 15p.
8/98 Sharir, Shmuel. Nepotism, discrimination & value of owner's
ability to choose employees: issues of definitions, modeling
& persiste. 15p.
UNIVERSITY OF MARYLAND. Department of Economics.
9804 Oates, Wallace E. Environmental federalism and European
Union: some reflections. 15p.
9805 Oates, Wallace E. On the welfare gains from fiscal
decentralization. 19p.
9806 Parry, Ian W.H. & Oates, Wallace E. Policy analysis in a
second-best world. 22p.
UNIVERSITY OF MELBOURNE. Department of Economics.
645 Bardsley, Peter. Addiction to gambling. 9p.
649 Bodman, Philip M. & Crosby, Mark. The Australian business
cycle: Joe Palooka or dead cat bounce?. 24p.
640 Bodman, Philip M. & Crosby, Mark. Phases of the Canadian
business cycle. 26p.
641 Cagliarini, Adam & Dixon, Robert. Conditional probabilities
and other measures based on gross flows data for Australian
females. 18p.
638 Cameron, Lisa. The residency decision of elderly
Indonesians: a nested logit analysis. 34p.
636 Cameron, Lisa & Worswick, Christopher. Education
expenditure responses to crop loss in Indonesia: a gender
bias. 25p.
648 Creedy, John. Differential consumption taxes and equity:
the limits to redistribution. 18p.
647 Creedy, John. Non-uniform indirect taxation, horizontal
inequity and re-ranking. 14p.
644 Crosby, Mark. Stock returns and inflation. 15p.
646 Gangadharan, Lata & Maitra, Pushkar. Trends in natural
resource commodity prices in Australia. 31p.
639 Guest, Ross G. & McDonald, Ian M. Simulating optimal
consumption paths in a small open economy with Uzawa
preferences. 37p.
643 Hyde, Charles E. & Williams, Phillip L. `Necessary costs'
and the incentives of the English rule. 23p.
650 Olekalns, Nilss. Cyclical asymmetries in Australian
macroeconomic data. 20p.
642 Stemp, Peter J. Achieving the best fiscal outcome: what
does the government need to know?. 31p.
637 van de Ven, Justin. A dynamic cohort microsimulation model.
34p.
MICHIGAN STATE UNIVERSITY. Department of Economics.
9800 Linz, Susan J. & Krueger, Gary. Enterprise restructuring in
Russia's transition economy: formal and informal mechanisms.
37p.
MONASH UNIVERSITY. Department of Econometrics & Bus. Statistics.
4/98 Harris, Mark N., Macquarie, Lachlan R. & Siouclis, Anthony
J. A comparison of alternative estimators for binary panel
probit models. 19p.
6/98 Laskar, Mizan R. & King, Maxwell L. Comparisons of
estimators and tests based on modified likelihood and
message length functions. 34p.
5/98 Laskar, Mizan R. & King, Maxwell L. Modified likelihood and
related methods for handling nuisance parameters in the
linear regression models. 37p.
3/98 Shami, Roland G. & Snyder, Ralph D. Exponential smoothing
methods of forecasting and general ARMA time series
representations. 13p.
7/98 Smith, Michael & Kohn, Robert. Nonparametric seemingly
unrelated regression. 31p.
8/98 Wong, Gary K.K. A new approach to model GNP functions: an
application of non-separable two stage technologies. 33p.
NATIONAL BUREAU OF ECONOMIC RESEARCH. Working Papers.
6658 Acemoglu, Daron. Changes in unemployment and wage
inequality: an alternative theory and some evidence. 45p.
6634 Aggarwal, Rajesh & Samwick, Andrew A. The other side of the
tradeoff: the impact of risk on executive compensation.
39p.
6612 Alesina, Alberto & Dollar, David. Who gives foreign aid to
whom and why?. 45p.
6666 Anderson, Torben G., Bollerslev, Tim & Das, Ashish. Testing
for market microstructure effects in intraday volatility: a
reassessment of the Tokyo FX experiment. 26p.
6595 Athey, Susan & Stern, Scott. The adoption and impact of
advanced emergency response services. 58p.
6600 Athey, Susan & Stern, Scott. An empirical framework for
testing theories about complementarity in organizational
design. 38p.
6593 Attanasio, Orazio P., Guiso, Luigi & Jappelli, Tullio. The
demand for money, financial innovation, and the welfare cost
of inflation: an analysis with households' data. 51p.
6604 Bagwell, Kyle & Staiger, Robert W. The simple economics of
labor standards and the GATT. 43p.
6597 Ball, Laurence. Another look at long-run money demand.
21p.
6654 Barro, Robert J. Notes on growth accounting. 30p.
6627 Berk, Jonathan, Green, Richard C. & Naik, Vasant. Optimal
investment, growth options, and security returns. 61p.
6608 Bernanke, Ben S. & Mihov, Ilian. The liquidity effect and
long-run neutrality. 64p.
6636 Blanchard, Olivier & Portugal, Pedro. What hides behind an
unemployment rate: comparing Portuguese and U.S.
unemployment?. 39p.
6630 Butcher, Kristin F. & Di Nardo, John. The immigrant and
native-born wage distributions: evidence from United States
censuses. 43p.
6603 Caldwell, Steven, et al. Social security's treatment of
postwar Americans. 143p.
6606 Chang, Roberto & Velasco, Andres. Financial crises in
emerging markets: a canonical model. 45p.
6617 Constantinides, George M., Donaldson, John B. & Mehra,
Rajnish. Junior can't borrow: a new perspective on the
equity premium puzzle. 34p.
6635 Das, Sanjiv R. & Sundaram, Rangarajan K. A direct approach
to arbitrage-free pricing of credit derivatives. 14p.
6631 Das, Sanjiv R. Poisson-Gaussian processes and the bond
markets. 33p.
6586 Dehejia, Rajeev H. & Wahba, Sadek. Causal effects in
non-experimental studies: reevaluating the evaluation of
training programs. 22p.
6598 Feenstra, Robert C., et al. The U.S.-China bilateral trade
balance: its size and determinants. 50p.
6664 Freeman, Richard B. & Waldfogel, Jane. Dunning delinquent
dads: the effects of child support enforcement policy on
child support receipt by never married . 35p.
6623 Garber, Peter M. Derivatives in international capital
flows. 36p.
6619 Garber, Peter M. Notes on the role of target in a stage III
crisis. 23p.
6652 Gilchrist, Simon & Himmelberg, Charles. Investment,
fundamentals and finance. 53p.
6602 Glaeser, Edward L., Kessler, Daniel P. & Piehl, Anne M.
What do prosecutors maximize?: an analysis of drug offenders
and concurrent jurisdiction. 37p.
6596 Gokhale, Jagadeesh & Kotlikoff, Laurence J. Medicare from
the perspective of generational accounting. 27p.
6614 Goolsbee, Austan & Maydew, Edward L. Coveting thy
neighbor's manufacturing: the dilemma of state income
apportionment. 28p.
6576 Gordon, Roger H. & Slemrod, Joel. Are "real" responses to
taxes simple income shifting between corporate and personal
tax bases?. 73p.
6613 Hamermesh, Daniel S. Crime and the timing of work. 30p.
6587 Hanson, Gordon H. North American economic integration and
industry location. 34p.
6609 Harrigan, James. International trade and American wages in
general equilibrium, 1967-1995. 41p.
6624 Helliwell, John F. & McKitrick, Ross. Comparing capital
mobility across provincial and national borders. 17p.
6615 Hines, James R. Investment ramifications of distortionary
tax subsidies. 31p.
6605 Holzer, Harry J. & Neumark, David. What does affirmative
action do?. 60p.
6653 Iowerth, Aled Ab & Whalley, John. Meals on wheels:
restaurant and home meal production and the exemption of
food from sales and value added taxes. 24p.
6633 Kane, Edward J. Capital movements, asset values, and
banking policy in globalized markets. 22p.
6637 Kroszner, Randall S. & Strahan, Philip E. What drives
deregulation?: economics and politics of the relaxation of
bank branching restrictions. 49p.
6656 Lakonishok, Josef & Lee, Immoo. Are insiders' trades
informative?. 45p.
6594 La Porta, Rafael, et al. Agency problems and dividend
policies around the world. 40p.
6625 La Porta, Rafael, Lopez-de-Silanes, Florencio & Shleifer,
Andrei. Corporate ownership around the world. 58p.
6626 Leamer, Edward E. & Thornberg, Christopher. Efforts and
wages: a new look at the inter-industry wage differentials.
40p.
6592 Levitt, Stephen D. & Venkatesh, Subhir A. An economic
analysis of a drug-selling gang's finances. 42p.
6601 Lichtenberg, Frank R. The allocation of publicly-funded
biomedical research. 28p.
6668 Lovely, Mary E. & Richardson, J. David. Trade flows and
wage premiums: does who or what matter?. 49p.
6643 Margo, Robert A. Labor market integration before the Civil
War. 58p.
6599 McCallum, Bennett T. & Nelson, Edward. Performance of
operational policy rules in an estimated semi-classical
structural model. 54p.
6620 Milesi-Ferretti, Gian Maria & Razin, Assaf. Current account
reversals and currency crises: empirical regularities. 52p.
6655 Mishkin, Frederic S. Financial consolidation: dangers and
opportunities. 26p.
6621 Moffitt, Robert A. & Wilhelm, Mark. Taxation and the labor
supply decisions of the affluent. 76p.
6585 Mulligan, Casey B. Substitution over time: another look at
life cycle labor supply. 59p.
6638 Murphy, Kevin M., Riddell, W. Craig & Romer, Paul M. Wages,
skills, and technology in the United States and Canada.
42p.
6651 Neumark, David & Wascher, William. Minimum wages and
training revisited. 37p.
6616 Poterba, James M. & Weisbenner, Scott J. Capital gains tax
rules, tax loss trading, and turn-of-the-year returns. 38p.
6628 Rauch, James E. & Casella, Alessandra. Overcoming
informational barriers to international resource allocation:
prices and group ties. 46p.
6611 Restoy, Fernando & Weil, Philippe. Approximate equilibrium
asset prices. 26p.
6562 Rodrik, Dani. Trade policy and economic performance in
sub-Saharan Africa. 72p.
6618 Rotemberg, Julio J. & Woodford, Michael. Interest-rate
rules in an estimated sticky price model. 91p.
6665 Shleifer, Andrei. State versus private ownership. 33p.
6610 Sinn, Hans-Werner. The pay-as-you-go pension system as a
fertility insurance and enforcement device. 28p.
6591 Slaughter, Matthew J. What are the results of product-price
studies and what can we learn from their difference?. 43p.
6584 Slemrod, Joel. The economics of taxing the rich. 38p.
6582 Slemrod, Joel. The general model of the behavioral response
to taxation. 15p.
6583 Slemrod, Joel & Greimel, Timothy. Did Steve Forbes scare
the municipal bond market?. 17p.
6607 Stock, James H. & Watson, Mark W. A comparison of linear
and nonlinear univariate models for forecasting
macroeconomic time series. 58p.
6663 Young, Alwyn. Paasche vs. Laspeyres: the elasticity of
substitution and bias in measures of total factor
productivity growth. 9p.
6632 Shea, John. What do technology shocks do?. 57p.
UNIVERSITY OF NEW ENGLAND (Australia). Department of Econometrics.
98 Chotikapanich, Duangkamon & Griffiths, William E. Porterior
distributions for the Gini coefficienct using grouped data.
9p.
99 Doran, Howard E. A simple least squares covariance
estimator, consistent for autocorrelated error models. 24p.
97 Graham-Higgs, Jeremy, Rambaldi, Alicia N. & Davidson, Brian.
Is the Australian wool futures market efficient?. 25p.
UNIVERSITY OF NEW SOUTH WALES. School of Economics.
98/9 Kemp, Murray C. & Shimomura, Koji. A second elementary
proposition concerning the formation of customs unions. 7p.
9810 Monadjemi, Mehdi S. & Huh, Hyeon-seung. Money and economic
activity: some international evidence. 12p.
9812 Robertson, Peter E. Economic growth and the return to
capital in developing nations. 31p.
9811 Robertson, Peter E. Growth accounting, growth theory and
the East Asian miracle. 22p.
NEW YORK UNIVERSITY. Salomon Center (Stern School of Business).
9833 Amihud, Yakov, Garbade, Kenneth & Kahan, Marcel. An
institutional innovation to reduce the agency costs of
public corporate bonds. 21p.
9834 Amihud, Yakov, Mendelson, Haim & Uno, Jun. Number of
shareholders and stock prices: evidence from Japan. 26p.
9831 Eom, Young Ho, Subrahmanyam, Marti G. & Uno, Jun. Coupon
effects and the pricing of Japanese government bonds: an
empirical analysis. 35p.
9835 Eom, Young Ho, Subrahmanyam, Marti G. & Uno, Jun. Credit
risk and the pricing of Japanese Yen interest rate swaps.
48p.
9832 Fluck, Zsuzsanna, Holtz-Eakin, Douglas & Rosen, Harvey S.
Where does the money come from?: the financing of small
entrepreneurial enterprises. 42p.
NEW YORK UNIVERSITY. Stern School of Business-Dept. of Economics.
9811 Economides, Nicholas. Competition and vertical integration
in the computing industry. 11p.
9810 Wachtel, Paul. Current account balances and external debt
in transition economies: lessons for Central Asia. 21p.
9812 White, Lawrence J. Financial services in the U.S.: the next
decade. 21p.
NORTHWESTERN UNIVERSITY. Center for Math Studies in Econ & Mgmt Sci
1210 Baliga, Sandeep & Sjostrom, Tomas. Decentralization and
collusion. 32p.
1213 Baliga, Sandeep & Sjostrom, Tomas. Not invented here. 28p.
1215 Baron, David P. & Diermeier, Daniel. Dynamics of
parliamentary systems: selections, governments, and
parliaments. 53p.
1206 Dekel, Eddie & Piccione, Michele. On the equivalence of
simultaneous and sequential binary elections. 25p.
1211 Faynzilberg, Peter S. Factorization and decomposition of
relations. 7p.
1205r Kalai, Ehud & Ledyard, John O. Repeated implementation.
14p.
1212 Klibanoff, Peter. Stochastic independence and uncertainty
aversion. 21p.
1209 Morris, Stephen. An instrumental theory of political
correctness. 35p.
1214 Myerson, Roger B. Comparison of scoring rules in Poisson
voting games. 41p.
1198 Sandholm, William H. An evolutionary approach to
congestion. 56p.
1207 Schummer, James. Manipulation through bribes. 19p.
1208 Van Mieghem, Jan A. Capacity investment under demand
uncertainty: the option value of subcontracting. 24p.
NORWEGIAN SCHOOL OF ECONOMICS & BUSINESS ADMINISTRATION.
10/98 Gabrielsen, Tommy Staahl & Schjelderup, Guttorm. Joint
ventures and transfer pricing rivalry. 27p.
9/98 Kristiansen, Eirik Gaard. Innovation in durable-goods
markets. 21p.
11/98 Olsen, Trond E. & Osmundsen, Petter. Strategic tax
competition: implications of national ownership. 47p.
OHIO STATE UNIVERSITY. Department of Economics.
9804 Cecchetti, Stephen G., Lam, Pok-Sang & Mark, Nelson C.
Asset pricing with distorted beliefs: are equity returns too
good to be true?. 25p.
9805 Mark, Nelson C. & Wu, Yangru. Rethinking deviations from
uncovered interest parity: the role of covariance risk and
noise. 29p.
9803 Su, Dongwei & Fleisher, Belton M. Why does return
volatility differ in Chinese stock markets. 12p.
9806 Weinberg, Bruce A. Computer use and the demand for women
workers. 46p.
9807 Zhao, Jingang. Non-empty core as a precondition for
horizontal merger: core existence without using
balancedness. 29p.
OSAKA UNIVERSITY. Institute of Social and Economic Research.
460 Gotoh, Reiko & Yoshihara, Naoki. A social procedure for
choosing fair allocation rules: formalizing the Rawlsian
principles of justice. 32p.
456 Lahiri, Sajal & Ono, Yoshiyasu. Export-oriented foreign
direct investment and local content requirement. 17p.
457 Yoshihara, Naoki. Characterizations of the public and
private ownership solutions. 28p.
UNIVERSITY OF OTTAWA. Department of Economics.
9802 Eslamloueyan, K. Innovation, strategic environmental policy
and North-South trade: a game theoretic analysis. 33p.
9803 Finnie, R. & Gray, D. The dynamics of the earnings
distribution in Canada: an econometric analysis. 58p.
9804 Grafton, R. Quentin, Squires, Dale & Fox, Kevin J. Private
property and economic efficiency: a study of a common-pool
resource. 48p.
UNIVERSITY OF OXFORD. Nuffield College.
141 Barndorff-Nielsen, Ole E. & Shephard, Neil. Aggregation and
model construction for volatility models. 36p.
142 Hall, Bronwyn, et al. Does cash flow cause investment and R
& D: an exploration using panel data for French, Japanese &
U.S. scientific f. 37p.
143 Hall, Bronwyn, Mairesse, Jacques & Mulkay, Benoit.
Firm-level investment in France and the United States: an
exploration of what we have learned in twenty years. 51p.
144 Proudman, James & Redding, Stephen. Evolving patterns of
international trade. 35p.
UNIVERSITY OF PENNSYLVANIA. Center for Analytic Research in Econ.
9809 Corradi, Valentina & Ianni, Antonella. Consensus and
co-existence in an interactive process of opinion formation.
16p.
9803 Halevy, Yoram. Trade between rational agents as a result of
asymmetric information. 30p.
9805 Ianni, Antonella. Learning correlated equilibria in
potential games. 31p.
9808 Lizzeri, Alessandro & Persico, Nicola. The provision of
public goods under alternative electoral incentives. 31p.
9807 Mailath, George J. & Morris, Stephen. Repeated games with
imperfect private monitoring: notes on a coordination
perspective. 26p.
9806 Mailath, George J., Samuelson, Larry & Shaked, Avner.
Endogenous inequality in integrated labor markets with
two-sided search. 47p.
9802 Shachmurove, Yochanan. Japan's enigmatic coexistence of
strong currency and trade surplus. 9p.
9804 Shachmurove, Yochanan & Leker, Tikva. The effects of
immigration on socioeconomic gaps in a labor managed system
in a competitive system. 25p.
UNIVERSITY OF PENNSYLVANIA. Institute for Economic Research.
9805 Bils, Mark & Chang, Yongsung. Wages and the allocation of
hours and effort. 43p.
9803 Chang, Yongsung. Comovement, excess volatility, and home
production. 27p.
9807 Chang, Yongsung. Wages, business cycles, and comparative
advantage. 50p.
9804 Mailath, George J. & Morris, Stephen. Repeated games with
imperfect private monitoring: notes on a coordination
perspective. 26p.
9806 Mailath, George J. & Samuelson, Larry. Your reputation is
who you're not, not who you'd like to be. 39p.
9802 Mailath, George J., Samuelson, Larry & Shaked, Avner.
Endogenous inequality in integrated labor markets with
two-sided search. 47p.
UNIVERSITAT POMPEU FABRA. Economics Working Papers.
262 Costain, James S. On the quantitative importance of wage
bargaining. 40p.
257 Cuxart i Jardi, Anna & Longford, Nicholas T. Monitoring the
university admissions process in Spain. 19p.
250 Delicado, Pedro, Castro, Fidel & Da Rocha, Jose M. Seeking
thetas desperately: estimating the distribution of consumers
under increasing block rates. 24p.
258 Fosfuri, Andrea, Motta, Massimo & Ronde, Thomas. Foreign
direct investments and spillovers through workers' mobility.
37p.
252 Kugler, Adriana D. Employee referrals and the
inter-industry wage structure. 68p.
232 Oliva, Maria-Angels & Rivera-Batiz, Luis A. Strategic
conglomeration. 30p.
253 Ueda, Masako. Expertise and finance: mergers motivated by
technological change. 27p.
UNIVERSIDADE CATOLICA PORTUGUESA. Departamento de Economia.
96 Martins, Ana Paula. Human capital earnings functions: the
Portuguese case. 44p.
95 Martins, Ana Paula. A Nash-based union's utility function
with an application to Portuguese aggregate data. 26p.
98 Martins, Ana Paula. Unemployment insurance and union
behavior: comparison of some paradigms and endogenous
membership. 33p.
97 Martins, Ana Paula & Amado da Silva, Jose M. Concentration
and other wage determinants: Portuguese evidence. 77p.
PRINCETON UNIVERSITY. Industrial Relations Section.
402 Farber, Henry S. & Levy, Helen. Recent trends in
employer-sponsored health insurance coverage: are bad jobs
getting worse?. 46p.
PRINCETON UNIVERSITY. International Finance Section-Essays.
208 Kindleberger, Charles P. Economic and financial crises and
transformations in 16th century Europe. 27p.
PURDUE UNIVERSITY. Inst. for Research in Behav, Econ & Mgmt Sci.
1114 Chakravarty, Sugato & McConnell, John J. Does insider
trading really move stock prices?. 28p.
1112 McConnell, John J. & Wahal, Sunil. Do institutional
investors exacerbate managerial myopia?. 29p.
1113 McConnell, John J., Ozbilgin, Mehmet & Wahal, Sunil.
Spinoffs, ex ante. 26p.
1115 Robinson, William T. & Min, Sungwook. Is the first to
market the first to fail?: empirical evidence for
manufacturing businesses. 29p.
1111 Thursby, Jerry G. & Kemp, Sukanya. An analysis of
productive efficiency of university commercialization
activities. 30p.
UNIVERSITY OF SOUTHAMPTON. Department of Economics.
9811 Aldrich, John. The discovery of comparative advantage.
40p.
9812 Aldrich, John. The Jevonian revolution in international
trade theory. 38p.
9815 Chadha, Jagjit S. & Hudson, Suzanne L. The optimum currency
area case for EMU: a structural VAR approach. 40p.
9810 Karp, Larry & Lee, In Ho. Learning-by-doing and the choice
of technology: the role of patience. 21p.
9813 Musinguzi, Polycarp & Smith, Peter. Structural adjustment
and poverty: a study of rural Uganda. 22p.
9814 Smith, Peter. Should Africa try to learn from Asia?:
lessons for and from Uganda. 28p.
UNIVERSITY OF STOCKHOLM. Institute for Int'l. Economic Studies.
639 Calmfors, Lars. Unemployment: labour-market reform and
monetary union. 34p.
636 Faust, Jon & Svensson, Lars E.O. Transparency and
credibility: monetary policy with unobservable goals. 40p.
635 Hassler, John & Rodriguez-Mora, Jose V. IQ, social mobility
and growth. 33p.
637 Rudebusch, Glenn D. & Svensson, Lars E.O. Policy rules for
inflation targeting. 51p.
634 Stennek, Johan. Coordination in oligopoly. 14p.
638 Svensson, Lars E.O. Open-economy inflation targeting. 50p.
TEL-AVIV UNIVERSITY. Eitan Berglas School of Economics.
4/98 Bowlus, Audra J. & Eckstein, Zvi. Discrimination and skill
differences in an equilibrium search model. 40p.
6/98 Fershtman, Chaim. A note on multi-issue two-sided
bargaining: bilateral procedures. 19p.
5/98 Flug, Karnit & Hercowitz, Zvi. Equipment investment and the
relative demand for skilled labor: international evidence.
34p.
7/98 Helpman, Elhanan & Rangel, Antonio. Adjusting to a new
technology: experience and training. 43p.
8/98 Helpman, Elhanan & Persson, Torsten. Lobbying and
legislative bargaining. 46p.
YALE UNIVERSITY. Economic Growth Center.
788 Lanjouw, Jean O. & Levy, Philip I. Untitled: a study of
formal and informal property rights in urban Ecuador. 69p.
790 Lanzona, Leonardo A. & Evenson, Robert E. The effects of
transaction costs on labor market participation and
earnings: evidence from rural Philippine markets. 25p.
787 Ramirez, Alejandro, Ranis, Gustav & Stewart, Frances.
Economic growth and human development. 47p.
786 Ranis, Gustav. Reflections. (on Taiwan). 29p.
784 Schultz, T. Paul. Inequality in the distribution of
personal income in the world: how it is changing and why.
65p.
785 Schultz, T. Paul & Mwabu, Germano. Wage premia for
education and location by gender and race in South Africa.
63p.
789 Tansel, Aysit. Determinants of school attainment of boys
and girls in Turkey. 35p.
ZAGREB INSTITUTE OF PUBLIC FINANCE. Occasional Papers.
5 Ott, Katarina. Tax administration reform in transition: the
case of Croatia. 33p.