## Content

### 1999

**9905 A Macroeconomic Analysis of Publicly Funded Healthcare***by*Bednarek, H.L. & Pecchenino, R.A.**9904 On the Political Economy of Means-Tested Education Vouchers***by*Bearse, P. & Glomm, G. & Ravikumar, B.**9903 Composition of Government Budget, Non-Single Peakedness and Majority Voting***by*Bearse, P. & Glomm, G. & Jeneba, E.**9902 Government Mandated Private Pensions: A Dependable Foundation for Retirement Security?***by*Pecchenino, R.A. & Pollard, P.S.**9901 Income Distribution Effects of Public Education and Social Security in a Growing Economy***by*Glomm, G. & Kaganovich, M.**9901a Income Distribution Effects of Public Education and Social Security in a Growing Economy***by*Glomm, G. & Kaganovich, M.**9900 Is There Endogenous Long-Run Growth? Evidence Based on an Error Correction Model***by*Lau, S.-H. P.

### 1998

**9803 Social Optimal Licensing of Innovations***by*Creane, A.**9802 Investment in Risky Innovations with Multiple Innovators***by*Creane, A.

### 1995

**9501 Sex, Wages, and Productivity : an Empirical Analysis of Israeli, Firm-Level Data***by*Hellerstein, J-K & Neumark, D

### 1994

**9408 The Minimum Distance Estimator for Fractionally Integrated ARMA Models***by*Chung, C.F. & Schmidt, P.**9407 Job Rights in the Soviet and Post-Soviet Economy: An Analysis of Gender Differences***by*Linz, S.J.**9406 Monetary Innovations, Real Effects, and the European Monetary System***by*Baier, S.L.**9405 Prediction from the Regression Model with one-way Error Components***by*Baillie, R.T. & Baltagi, B.H.**9404 Adverse Selection, Moral Hazard and Entry***by*Creane, A & Hall, M**9403 Social Security, Social Welfare and the Aging Population***by*Pecchenino, R.A.**9402 Calculating and Analizing Impulse Responses and their Asymptotic Distributions for the ARFIMA and VARMA Models***by*Chung, C.F.**9401 GMM Estimation of a Panel Data Regression Model with Time-Varying Individual Effects***by*Chan Ahn, S. & Lee, Y.H.

### 1993

**9210 on the Power of Dickey-Fuller Unit Root Tests Against Stationary Fractionally-Integrated Alternatives***by*Lee, D.**9209 Risk and Revelation: Changing the Value of Information***by*Creane, A.**9208 Gender Differences in the Russian Labour Market***by*Linz, S.J.**9207 Privatization of Russian Industry***by*Linz, S.J.**9206 The Development and Diffusion of Innovation in Russian Industry***by*Linz, S.J. & Biddle, J.E.**9205 Russian Labor Market in Transition***by*Linz, S.J.**9203 The Long Memory of the Foreward Premium***by*Baillie, R.T. & Bollerslev, T.**9202 Concentration and Market Share Effects on Profitability: An Equilibrium Analysis***by*Boyer, K.D.**9201 Estimation and Inference for Dependent Processes. alysis***by*Wooldridge, J.M.**9200 Efficient Estimation of Dynamic Panel Data Models Under Alternative Sets of Assumptions***by*Ahn, S.C. & Schmidt, P.**9111 On the Power of the KPSS Test of Stationarity Against Fractionally-Integrated Alternatives***by*Lee, D. & Schmidt, P.**9109 Central Bank Intervention and Risk in the Forward Premium***by*Baillie, R.T. & Osterberg, W.P.**9108 Winners, Losers and Fly-by-Nighters: Trade Policy with Risky Investment in Quality***by*Creane, A. & Hall, M.**9107 Do Inheritances Explain Black/White Wealth Inequality?***by*Menchik, P.L.**9105 Barriers to Innovation: Economic Impact of Perestroika***by*Linz, S.J.**9104 Financing Universal Health Care in the United States: A General Equilibrium Analysis of Efficiency and Distributional Effects***by*Ballard, C.L. & Goddeeris, J.H.**9103 Cointegration, Fractional Cointegration, and Exchange RAte Dynamics***by*Baillie, R.T. & Bollerslev, T.

### 1992

**9110 Jamming Private Valued, Private Signals***by*Creane, A. & Hall, M.**9106 Endogenous Learning, Learning by Doing and Information Sharing***by*Creane, A.**9102 A Lond Memory and Variability of Inflation: A Reappraisal of The Friedman Hypothesis***by*Baillie, R.T. & Chung, C.F. & Tieslau, M.A.**9101 Monetary Aggregates, Monetary Policy and Economic Activity***by*Rasche, R.H.**9100 A Generalized Method of Moments Estimator for Long-Memory Processes***by*Tieslau, M.A. & Schmidt, P. & Baillie, R.T.**9011 Privatization in Transition Economies: Case Study of Poland***by*Rapacki, R. & Linz, S.J.

### 1991

**9010 Money Demand in the U.S. and Japan: Analysis of Stability and the Importance of Transitory and Permanent Shocks***by*Hoffman, D.L. & Rasche, R.H.**9009 Wealth Mobility in the United States***by*Jianakoplos, N.A. & Menchik, P.L.**9007 Long-Run Equilibria in an Economy with Greenhouse Effect***by*Schimmelpfennig, S.**9006 Bear Squeezes in the Hyperinflation 1920s Foreign Exchange***by*Baillie, R.T. & Bollerslev, T. & Redfearn, M.R.**9005 Long Memory Models and Macroeconomic Time Series***by*Tieslau, M.A.**9004 Patent Enforcement and Economic Growth***by*Davidson, C. & Segerstrom, P.**9003 The Search for Equilibrium Relationships in International Finance : The Case of the Monetary Model***by*Baillie, R.T. & Pecchenino, R.A.**9002 Mergers that Harm Competitors***by*Boyer, K.D.**9001 A Modification of the Schmidt-Phillips Unit Root Test***by*Lee, J. & Schmidt, P.

### 1990

**9008 Unit Root Tests Based on Instrumental Variables Estimation***by*Lee, J. & Schmidt, P.**8906 Innovation Strategies in Centrally Planned and Transition Economies***by*Linz, S.J.**8905 Testing the Null Hypothesis of Stationarity Against the Alternative of Unit Root : How Sure are we that Economic Time Series have a Unit Root?***by*Kwiatkowski, D. & Phillips, P.C.B. & Schmidt, P.**8904 Testing forUnit Root in the Presence of Deterministic Trends***by*Schmidt, P. & Phillips, P.C.B.**8903 External Increasing Returns , Short-Lived Agents and Long- Lived Waste***by*John, A. & Pecchenino, R. & Schmmelpfennig, D. & Schreft, S.**8902 Modal Demand: A Spatial Approach with Applications to Transportation Demand***by*Boyer, K.D.**8901 The Soviet Economy in Transition: A Resurgence of Reform***by*Linz, S.J.**8818 Innovation, Imitation And Economic Growth***by*Segerstrom, P.S.**8817 Finite Sample Performance Of Schmidt-Philips Unit Root Tests In The Presence Of Autocorrelation***by*Lee, J.**8816 Wealth Inequality As Cohorts Age***by*Menchik, P.L. & Jianakoplos, N.A.**8815 Prediction In Dynamic Models With Time Dependent Conditional Variances***by*Baillie, R.T. & Bollerslev, R.T.

### 1989

**8814 Modeling Commodity Price Distribution And Estimating The Optimal Futures Hedge***by*Baillie, R.T. & Myers, R.J.**8813 The Macroeconomics Of Dr. Strangelove: An Overlapping- Generations Model Of The Appocalypse***by*John, R. & Pecchenino, R. & Schreft, S.**8812 Transactions Costs, Frictional Unemployment And Technical Change In The Market Technology***by*Davidson, C. & Martin, L.**8811 Intra Day And Inter Market Volatility In Foreign Exchange Rates***by*Baillie, R.T. & Bollerslev, T.**8810 Risk-Based Deposit Insurance: An Incentive Campatibale Plan***by*Pecchenino, R.A.**8809 Choice Among Wage-Hours Packages: An Ampirical Investigation Of Labour Supply***by*Biddle, J.E. & Zarkin, G.A.**8808 Commodity Prices And Aggregate Inflation: Would A Commodity Price Rule Be Worthwhile?***by*Baillie, R.T.

### 1988

**8807 Macroeconomic Externalities From Search And Imperfect Competition***by*John, A.**8805 Econometric Tests Of Rationality And Market Efficiency***by*Baillie, R.T.**8804 The Impact Of Delivery Terms On Stock Return Volatility***by*Baillie, R.T. & Degennaro, R.**8803 Stock Returns And Volatility***by*Baillie, R.T. & Degennaro, R.P.**8802 Technological Change, Import Competition, And Worker Displacement***by*Pecchenino, R.A. & Wolfe, J.R.**8801 Costly Communication And The Structure Of Incentive Contracts In Multinational Firms***by*Pecchenino, R.A.**8718 Demand Functions For U.S. Money And Credit Measures***by*Rasche**8717 Dickey-Fuller Tests With Drift***by*Schmidt, P.**8716 Multiple Free Trade Equilibria In A Model Of Frictional Unemployment***by*Davidson, C. & Martin, L. & Matusz, S.**8715 Further Results On Unit Roots And The Cointegrability Of Daily Spot And Forward Exchange Rates***by*Baillie, R.T. & Bollerslev, T.**8714 The Case For The Consol: Evidence From British And American Money Demand Functions***by*Amsler, C.