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Content
1997
- 1678 Preferences, Consumption Smoothing, and Risk Premia
by Lettau, Martin & Uhlig, Harald
- 1677 The Indeterminacy of the Euro Conversion Rates. Why it Matters and How it can be Solved
by De Grauwe, Paul
- 1676 Extracting Information from Asset Prices: The Methodology of EMU Calculators
by Favero, Carlo A. & Giavazzi, Francesco & Iacone, Fabrizio & Tabellini, Guido
- 1675 Youth Unemployment and Government Policy
by Orszag, Mike & Snower, Dennis J.
- 1674 Expanding the Welfare System: A Proposal for Reform
by Orszag, Mike & Snower, Dennis J.
- 1673 How Will the Euro behave?
by Cohen, Daniel
- 1672 Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited
by Obstfeld, Maurice & Taylor, Alan M.
- 1671 R&D Spillovers and the Case for Industrial Policy in an Open Economy
by Leahy, Dermot & Neary, J Peter
- 1670 Income and Consumption Smoothing Among US States: Regions or Clubs?
by Sørensen, Bent E & Yosha, Oved
- 1669 An Analysis of the 'Stability Pact'
by Beetsma, Roel & Uhlig, Harald
- 1668 A Mixed Blessing: Natural Resources and Economic Growth
by Gylfason, Thorvaldur & Herbertsson, Tryggvi Thor & Zoega, Gylfi
- 1667 The Comparative Analysis of Settlement Systems
by Kobayakawa, Shuji
- 1666 Nominal Contracts as Behaviour Towards Risk
by Minford, Patrick & Nowell, Eric
- 1665 Bank Solvency, Market Structure, and Monitoring Incentives
by Caminal, Ramon & Matutes, Carmen
- 1664 Fiscal Rules and the Budget Process
by Milesi-Ferretti, Gian Maria
- 1663 Evaluating Portfolio Performance with Stochastic Discount Factors
by Dahlquist, Magnus & Söderlind, Paul
- 1662 Government Distributional Concerns and Economic Policy During the Transition from Socialism
by Gordon, Roger H & Li, David Daokui
- 1661 Were Trade and Factor Mobility Substitutes in History?
by Collins, William J & O'Rourke, Kevin Hjortshøj & Williamson, Jeffrey G
- 1660 Globalisation and Migratory Pressures from Developing Countries: A Simulation Analysis
by de Melo, Jaime & Ettinger, Charles & Faini, Riccardo
- 1659 Regional Integration and Foreign Direct Investment
by Blomström, Magnus & Kokko, Ari
- 1658 The Economic Institution of International Barter
by Marin, Dalia & Schnitzer, Monika
- 1657 Taxes and Government Incentives: Eastern Europe vs. China
by Gordon, Roger H & Li, David Daokui
- 1656 Regional Integration, Trade, and Migration: Are Demand Linkages Relevant in Europe?
by Ludema, Rodney D & Wooton, Ian
- 1655 Debt Concentration and Bargaining Power: Large Banks, Small Banks, and Secondary Prices
by Fernández, Raquel & Ozler, Sule
- 1654 Why Firms Form Research Joint Ventures: Theory and Evidence
by Röller, Lars-Hendrik & Siebert, Ralph & Tombak, Mihkel
- 1653 Some Cross-Country Evidence about Debt, Deficits and the Behaviour of Monetary and Fiscal Authorities
by Melitz, Jacques
- 1652 Portfolio Selection and Asset Pricing with Dynamically Incomplete Markets and Time-varying First and Second Moments
by Nielsen, Lars Tyge & Vassalou, Maria
- 1651 Monotone Risk Aversion
by Nielsen, Lars Tyge
- 1650 Parametric Characterizations of Risk Aversion and Prudence
by Lajeri, Fatma & Nielsen, Lars Tyge
- 1649 Multiple Versus Single Banking Relationships
by Detragiache, Enrica & Garella, Paolo & Guiso, Luigi
- 1648 Bid-Ask Spreads with Indirect Competition among Specialists
by Gehrig, Thomas & Jackson, Matthew O.
- 1647 Real Interest Rates, Nominal Shocks, and Real Shocks
by Driffill, John
- 1646 The Exchange Rate Policy of the Euro: A Matter of Size?
by Martin, Philippe
- 1645 Sequential Investments and Options to Own
by Nöldeke, Georg & Schmidt, Klaus M.
- 1644 Imperfect Tests and Natural Insurance Monopolies
by Emons, Winand
- 1643 How Will Transatlantic Policy Interactions Change with the Advent of EMU?
by Eichengreen, Barry & Ghironi, Fabio
- 1642 Business Cycles and Long-run Growth
by Saint-Paul, Gilles
- 1641 Setting Standards: Information Accumulation in Development
by Acemoglu, Daron & Zilibotti, Fabrizio
- 1640 Exchange Rate Arrangements between the Ins and the Outs
by De Grauwe, Paul
- 1639 On the Japanese Yen-US Dollar Exchange Rate: A Structural Econometric Model Based on Real Interest Differentials
by MacDonald, Ronald
- 1638 Setting Conversion Rates for the Third Stage of EMU
by De Grauwe, Paul & Spaventa, Luigi
- 1637 The Determining Factors of Foreign Direct Investment in Spain and the rest of the OECD: Lessons for CEECs
by Martín, Carmela & Velazquez, Francisco J
- 1636 Transition and the Output Fall
by Roland, Gérard & Verdier, Thierry
- 1635 Attribute Dependence and the Provision of Quality
by Degryse, Hans & Irmen, Andreas
- 1634 Returns to Regionalism: An Evaluation of Non-traditional Gains from RTAs
by Fernández, Raquel
- 1633 The Great Depression as a Watershed: International Capital Mobility over the Long Run
by Obstfeld, Maurice & Taylor, Alan M.
- 1632 National Policies and Local Economies: Europe and the United States
by Forni, Mario & Reichlin, Lucrezia
- 1631 Adverse Selection of Investment Projects and the Business Cycle
by Reichlin, Pietro & Siconolfi, Paolo
- 1630 Money in a Real Business Cycle Model
by Farmer, Roger E A
- 1629 Putting Things in Order: Patterns of Trade Dynamics and Macroeconomics
by Feenstra, Robert & Rose, Andrew K
- 1628 Quantifying a Dangerous Obsession? Competitiveness and export performance in an OECD Panel of Industries
by Carlin, Wendy & Glyn, Andrew J & Van Reenen, John
- 1627 To Each According To...? Markets, Tournaments, and the Matching Problem with Borrowing Constraints
by Fernández, Raquel & Galí, Jordi
- 1626 Multiple Job Holding as a 'Hedge' Against Unemployment
by Bell, David & Hart, Robert A & Wright, Robert E
- 1625 Excess Capacity as an Incentive Device
by Kerschbamer, Rudolf & Tournas, Yanni
- 1624 Interjurisdictional Competition and the Efficiency of the Public Sector: The Triumph of the Market over the State?
by Rauscher, Michael
- 1623 Optimal Determination of Bookmakers' Betting Odds: Theory and Tests
by Fingleton, John & Waldron, Patrick
- 1622 Fast Track: Is it in the Genes? The Promotion Policy of a Large Japanese Firm
by Ariga, Kenn & Brunello, Giorgio & Ohkusa, Yasushi
- 1621 Intra-firm Wage Dispersion and Firm Performance
by Winter-Ebmer, Rudolf & Zweimüller, Josef
- 1620 Economic Developments in the Balkan Countries and the Role of Greece: From Bilateral Relations to the Challenge of Integration
by Christodoulakis, Nikos & Petrakos, George
- 1619 Optimal Restructuring Under a Political Constraint: A General Equilibrium Approach
by Dehejia, Vivek
- 1618 Performance Measurement using Multiple Asset Class Portfolio Data
by Blake, David & Lehmann, Bruce N & Timmermann, Allan G
- 1617 Using Subjective Income Expectations to Test for Excess Sensitivity of Consumption to Predicted Income Growth
by Jappelli, Tullio & Pistaferri, Luigi
- 1616 Convergence in Output in Transition Economies: Central and Eastern Europe, 1970-1995
by Estrin, Saul & Urga, Giovanni
- 1615 Booms and Busts in the UK Housing Market
by Muellbauer, John & Murphy, Anthony
- 1614 Stock Returns, Term Structure, Inflation and Real Activity: An International Perspective
by Canova, Fabio & de Nicolò, Gianni
- 1613 Advertising Bans
by Motta, Massimo
- 1612 Debt and Deficit Ceilings, and Sustainability of Fiscal Policies: An Intertemporal Analysis
by Uctum, Merih & Wickens, Michael R.
- 1611 Preferential Trade Liberalization in the North Atlantic
by Baldwin, Richard & Francois, Joseph
- 1610 Monetary Policy and the Fisher Effect
by Söderlind, Paul
- 1609 Employment Turnover and Unemployment Insurance
by Hassler, John & Rodríguez Mora, José Vicente
- 1608 Debt vs. Foreign Direct Investment: The Impact of Sovereign Risk on the Structure of International Capital Flows
by Schnitzer, Monika
- 1607 Agglomeration in a Core-Periphery Model with Vertically and Horizontally Integrated Firms
by Ekholm, Karolina & Forslid, Rikard
- 1606 International Leapfrogging and Subsidies
by Lutz, Stefan
- 1605 Economic Growth and Policy Reform in the APEC Region: Trade and Welfare Implications by 2005
by Anderson, Kym & Dimaranan, Betina & Hertel, Thomas W & Martin, Will
- 1604 Endogenous Cycles in a Stiglitz-Weiss Economy
by Suarez, Javier & Sussman, Oren
- 1603 Long Term Debt and the Political Support of a Monetary Union
by Uhlig, Harald
- 1602 Equilibrium Unemployment
by Gomes, Joao F & Greenwood, Jeremy & Rebelo, Sérgio
- 1601 Enterprises in Transition: Macroeconomic Influences on Enterprise Decision-making and Performance
by Buiter, Willem H. & Lago, Ricardo & Rey, Hélène
- 1600 The Development of the Division of Power among the European Commission, the Council and the European Parliament
by Laruelle, Annick & Widgrén, Mika
- 1599 The Causes of Regionalism
by Baldwin, Richard
- 1598 Common Ground Between Free-traders and Environmentalists
by Karp, Larry & Sacheti, Sandeep
- 1597 Economic Integration, Factor Mobility, and Wage Convergence
by Saint-Paul, Gilles
- 1596 Shifts in US Relative Wages: The Role of Trade, Technology and Factor Endowments
by Baldwin, Robert E & Cain, Glen C
- 1595 Pareto-Improving Economic Reforms through Dual-Track Liberalization
by Lau, Lawrence J & Qian, Yingyi & Roland, Gérard
- 1594 Volatility Clustering and Volatility Transmission: A Non-Parametric View of ERM Exchange Rates
by Artis, Michael J & Zhang, Wenda
- 1593 Performance-Related Pay
by Booth, Alison L & Frank, Jeff
- 1592 Can Relationship Banking Survive Competition?
by Boot, Arnoud W A & Thakor, Anjan
- 1591 Family Matters
by Ermisch, John F & Francesconi, Marco
- 1590 On the Effects of Anti-dumping Legislation
by Barros, Pedro Luis Pita & Martinez-Giralt, Xavier
- 1589 Sequencing and the Size of the Budget: A Reconsideration
by Hallerberg, Mark & von Hagen, Jürgen
- 1588 Good Jobs versus Bad Jobs: Theory and Some Evidence
by Acemoglu, Daron
- 1587 TFPG Controversies, Institutions, and Economic Performance in East Asia
by Rodrik, Dani
- 1586 Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs
by Quah, Danny
- 1585 Policy Complementarities: The Case for Fundamental Labour Market Reform
by Coe, David T & Snower, Dennis J.
- 1584 Product Standards Coalitions in a Market without Borders
by Casella, Alessandra
- 1583 Tax Competition for Foreign Direct Investment
by Haufler, Andreas & Wooton, Ian
- 1582 Modelling Work-Related Training and Training Effects Using Count Data Techniques
by Arulampalam, Wiji & Booth, Alison L & Elias, Peter
- 1581 The Total Cost of Trading Belgian Shares: Brussels versus London
by Degryse, Hans
- 1580 The New Geography of Eastern European Trade
by Cheikbossian, Guillaume & Maurel, Mathilde
- 1579 From Learning to Partnership. Multinational R&D Cooperation in Developing Countries
by Barba Navaretti, Giorgio & Carraro, Carlo
- 1578 South-North Refugee Migration: Lessons for Development Cooperation
by Rotte, Ralph & Vogler, Michael & Zimmermann, Klaus F
- 1577 Capital Mobility and the Output-Inflation Tradeoff
by Loungani, Prakash & Razin, Assaf & Yuen, Chi-Wa
- 1576 Domino Effects in Western European Trade, 1960-92
by Sapir, André
- 1575 The Rise and Fall of Regional Inequalities
by Puga, Diego
- 1574 Lobbying and the Structure of Protection
by Cadot, Olivier & de Melo, Jaime & Olarreaga, Marcelo
- 1573 Training and Unions
by Booth, Alison L & Chatterji, Monojit
- 1572 Efficient Wage Dispersion
by Acemoglu, Daron & Shimer, Robert
- 1571 The Rise and Persistence of Rigidities
by Saint-Paul, Gilles
- 1570 The Burden and Disincentive Effects of Hungarian Personal Taxes 1988-96
by Newbery, David M G & Revesz, Tamas
- 1569 Trade in Nominal Assets and Net International Capital Flows
by Bacchetta, Philippe & van Wincoop, Eric
- 1568 Structural Change and International Trade
by Ben-David, Dan & Papell, David
- 1567 Industrial Structure, Menu Costs and the Non-Neutrality of Money
by Dixon, Huw David & Hansen, Claus Thustrup
- 1566 Dual Labour Markets, Urban Unemployment and Multicentric Cities
by Smith, Tony E & Zenou, Yves
- 1565 Strategic Behaviour under European Antidumping Rules
by Pauwels, Wilfried & Vandenbussche, Hylke & Weverbergh, Marcel
- 1564 The Generalized War of Attrition
by Bulow, Jeremy I. & Klemperer, Paul
- 1563 Centralized Bargaining, Multi-Tasking, and Work Incentives
by Lindbeck, Assar & Snower, Dennis J.
- 1562 Inflation Targets and Contracts with Uncertain Central Banker Preferences
by Beetsma, Roel & Jensen, Henrik
- 1561 Monetary Integration and Economic Convergence
by Sibert, Anne
- 1560 Population Growth, Trade Policy, and Migration Incentives
by Francois, Joseph & Nelson, Doug R
- 1559 Applications to the US Disability Program: A Semiparametric Approach
by Kreider, Brent & Riphahn, Regina
- 1558 EMU: Countries or Regions? Lessons from the EMS Experience
by Fatás, Antonio
- 1557 Income Persistence and Macro-Policy Feedbacks in the United States
by Muellbauer, John
- 1556 New Techniques to Extract Market Expectations from Financial Instruments
by Söderlind, Paul & Svensson, Lars E O
- 1555 Electoral Institutions, Cabinet Negotiations, and Budget Deficits within the European Union
by Hallerberg, Mark & von Hagen, Jürgen
- 1554 Country Size and Comparative Advantage: An Empirical Study
by Torstensson, Johan
- 1553 Has Work Sharing Worked in Germany?
by Hunt, Jennifer
- 1552 Will Gradualism Work When Shock Therapy Doesn't?
by Dehejia, Vivek
- 1551 Human Capital and Macroeconomic Growth: Austria and Germany 1960-1992
by Koman, Reinhard & Marin, Dalia
- 1550 On the Strategic Community Development
by Henderson, J Vernon & Thisse, Jacques-François
- 1549 Strategic Trade Policy When Firms Have Different Efficiency Levels
by Leahy, Dermot & Montagna, Catia
- 1548 A Portfolio Approach to a Cross-sectoral and Cross-National Investment Strategy in Transition Economies
by Buiter, Willem H. & Lago, Ricardo & Rey, Hélène
- 1547 Out in the Sunshine? Outsiders, Insiders, and the United States in 1998
by Ghironi, Fabio & Giavazzi, Francesco
- 1545 Inventory Behaviour: A Comparative Study of UK and Japanese Firms
by Corbett, Jennifer & Hay, Donald & Louri-Dendrinou, Eleni
- 1542 The Political Economy of Mass Privatization and the Risk of Expropriation
by Schmidt, Klaus M.
- 1541 Methods of Privatization: Auctions, Bargaining and Give-Aways
by Schmidt, Klaus M. & Schnitzer, Monika
- 1537 Manipulation of Metals Futures: Lessons from Sumitomo
by Gilbert, Christopher L
- 1531 Job Tenure: Does History Matter?
by Booth, Alison L & Francesconi, Marco & Garcia-Serrano, Carlos
1996
- 1546 Competing for Endorsements
by Grossman, Gene & Helpman, Elhanan
- 1544 Endogenous Mergers in Concentrated Markets
by Horn, Henrik & Persson, Lars
- 1543 On the Sources of Convergence: A Close Look at the Spanish Regions
by de la Fuente, Angel
- 1540 Where do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants
by Daveri, Francesco & Faini, Riccardo
- 1539 Competition between Intermediated and Direct Trade and the Timing of Disintermediation
by Fingleton, John
- 1538 Competition among Middlemen When Buyers and Sellers can Trade Directly
by Fingleton, John
- 1536 Parental Support for Human Capital Investment by Young Adults
by Ermisch, John F
- 1535 Aspects of Fiscal Performance in some Transition Economies under Fund-supported Programs
by Buiter, Willem H.
- 1534 Potential Unemployment Benefit Duration and Spell Length: Lessons from a Quasi-experiment in Austria
by Winter-Ebmer, Rudolf
- 1533 The Multilateral Trade Agenda: Uruguay Round Implementation and Beyond
by Francois, Joseph & McDonald, Brad
- 1532 Designing a Cheaper and More Effective Unemployment Benefit System
by Coles, Melvyn G
- 1530 How to Fix Conversion Rates at the Start of EMU
by De Grauwe, Paul
- 1529 Growth and Agglomeration
by Martin, Philippe & Ottaviano, Gianmarco
- 1528 Front-running by Mutual Fund Managers: It ain't that Bad
by Danthine, Jean-Pierre & Moresi, Serge X
- 1527 To be (Unionized) or Not to be? A Case for Cost-raising Strategies
by Bughin, Jacques R.J. & Vannini, Stefano
- 1526 The Response of Wages and Actual Hours Worked to the Reduction of Standard Hours in Germany
by Hunt, Jennifer
- 1525 Regionalism versus Multilateralism
by Winters, L. Alan
- 1524 Minimum Wage Legislation, Work Conditions and Employment
by De Fraja, Gianni
- 1523 Growing Locations: Industry Location in a Model of Endogenous Growth
by Martin, Philippe & Ottaviano, Gianmarco
- 1522 Minimum Quality Standards as Facilitating Devices: An Example with Leapfrogging and Exit
by Lutz, Stefan
- 1521 Benefit Duration and Unemployment Entry: Quasi-experimental Evidence for Austria
by Winter-Ebmer, Rudolf
- 1520 Hedging and Gambling: Corporate Risk Choice when Informing the Market
by Degeorge, François & Moselle, Boaz & Zeckhauser, Richard
- 1519 Institutions and Labour Reallocation
by Bertola, Giuseppe & Rogerson, Richard
- 1518 A Stochastic Dynamic General Equilibrium Model for Greece
by Kollintzas, Tryphon & Vassilatos, Vanghelis
- 1517 Mergers for Market Power in a Cournot Setting and Merger Guidelines
by Faulí-Oller, Ramon
- 1516 Economic Incentives and Hospitalization in Germany
by Million, Andreas & Rotte, Ralph & Zimmermann, Klaus F
- 1515 Business Formation and Aggregate Investment
by Keuschnigg, Christian
- 1514 On the Foundations of Wage Bargaining
by Manzini, Paola & Snower, Dennis J.
- 1513 Hyperinflation and Stabilization: Cagan Revisited
by Miller, Marcus & Zhang, Lei
- 1512 Unemployment and Wages of Ethnic Germans
by Bauer, Thomas & Zimmermann, Klaus F
- 1511 Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets
by Svensson, Lars E O
- 1510 Price-level Targeting versus Inflation Targeting: A Free Lunch?
by Svensson, Lars E O
- 1509 Current Account Sustainability: Selected East Asian and Latin American Experiences
by Milesi-Ferretti, Gian Maria & Razin, Assaf
- 1508 International Implications of German Unification
by Sinn, Hans-Werner
- 1507 Is the Natural Rate a Reference Point?
by Karanassou, Marika & Snower, Dennis J.
- 1506 Trust and Search in Vietnam's Emerging Private Sector
by Haggard, Stephan & McMillan, John & Woodruff, Christopher
- 1505 Four Essays and a Funeral: Budgetary Arithmetic under the Maastricht Treaty
by Hughes Hallett, Andrew & McAdam, Peter
- 1504 The Burden of Intervention: Externalities in Multilateral Exchange Rates Arrangements
by Flandreau, Marc
- 1503 Does Inflation Matter for Growth?
by Gylfason, Thorvaldur & Herbertsson, Tryggvi Thor
- 1502 Multilateral Disciplines on Government Procurement: What's In It For Developing Countries?
by Hoekman, Bernard
- 1501 Trade and Competition Policy in the WTO system
by Hoekman, Bernard
- 1500 International Migration, Welfare and the Provision of Public Goods
by Gatsios, Konstantine & Hatzipanayotou, Panos & Michael, Mike
- 1499 Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations?
by Galí, Jordi
- 1498 Do Exchange Rates Move to Address International Macroeconomic Imbalances?
by Canzoneri, Matthew B & Vallés Liberal, Javier & Viñals, José
- 1497 Investment and Demand Uncertainty
by Guiso, Luigi & Parigi, Giuseppe
- 1496 More Equal but Less Mobile? Education Financing and Intergenerational Mobility in Italy and in the United States
by Checchi, Daniele & Ichino, Andrea & Rustichini, Aldo
- 1495 The Rise and Fall of Elites: A Theory of Economic Development and Social Polarization in Rent-seeking Societies
by Verdier, Thierry
- 1494 Property Rights, Corruption and the Allocation of Talent: A General Equilibrium Approach
by Acemoglu, Daron & Verdier, Thierry
- 1493 Macroeconomic Policy in the Presence of Structural Maladjustment
by Gordon, Robert J
- 1492 The Time-varying NAIRU and its Implications for Economic Policy
by Gordon, Robert J
- 1491 The Effect of Immigrant Admission Criteria on Immigrant Labour Market Characteristics
by Barrett, Alan
- 1490 Small Firms, Contracting-out, Computers and Wage Inequality: Evidence from UK Manufacturing
by Haskel, Jonathan
- 1489 Phases of Imitation and Innovation in a North-South Endogenous Growth Model
by Chui, Michael & Currie, David & Levine, Paul L & Pearlman, Joseph
- 1488 Debt, Cash Flow and Inflation Incentives: A Swedish Example
by Persson, Mats & Persson, Torsten & Svensson, Lars E O
- 1487 Expertise, Contingent Fees, and Excessive Litigation
by Emons, Winand
- 1486 Toeholds and Takeovers
by Bulow, Jeremy I. & Huang, Ming & Klemperer, Paul
- 1485 Monetary Union and European Unemployment
by Jimeno, Juan F & Viñals, José
- 1484 Operationalizing the Theory of Optimum Currency Areas
by Bayoumi, Tamim & Eichengreen, Barry
- 1483 Short- and Long-run Phillips Trade-offs and the Cost of Disinflationary Policies
by Dolado, Juan J. & López-Salido, J David & Vega, Juan Luis
- 1482 Distribution of Export Price Risk in a Developing Country
by Bourguignon, François & Lambert, Sylvie & Suwa Eisenmann, Akiko
- 1481 Is a Two-speed System in Europe the Answer to the Conflict between the German and the Anglo-Saxon Models of Monetary Control?
by Demertzis, Maria & Hughes Hallett, Andrew
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