Template-Type: ReDIF-Paper 1.0 Author-Name: Eric Zivot Author-Email: ezivot@u.washington.edu Author-WorkPlace-Name: Department of Economics, University of Washington Author-Name: Charles R. Nelson Author-Name: Richard Startz Title: Valid Confidence Regions and Inference in the Presence of Weak Instruments Creation-Date: 199602 Abstract: We investigate confidence intervals and inference for the instrumental variables model with weak instruments. Wald-based confidence intervals perform poorly in that the probability they reject the null is far greater than their nominal size. In the worst case, Wald-based confidence intervals always exclude the true paremeter value. Confidence intervals based on the LM, LR, and Anderson-Rubin statistics perform far better than the Wald. The Anderson-Rubin statistic always has the correct size, but LM and LR statistics have somewhat greater power. Performance of the LM and LR statistics is improved by a degrees-of-freedom correction in the overidentified ccase. We show that the practice of "pre- testing" by looking at the significance of the first -stage regression leads to extremely poor results when the instruments are very weak. Note: June 1996 version Handle: RePEc:udb:wpaper:_002 Template-Type: ReDIF-Paper 1.0 Title: On Commitment and Collusion in Auditing Author-Name: Fahad Khalil Author-Name: Jacques Lawarree Creation-Date: 2000-11 Handle: RePEc:udb:wpaper:0001 Template-Type: ReDIF-Paper 1.0 Title: Intertemporal Substitution, Risk Aversion, and Economic Performance in a Stochastically Growing Open Economy Author-Name: Paola Giuliano Author-Name: Stephen Turnovsky Creation-Date: 2000-10 File-URL: http://www.econ.washington.edu/user/sturn/Giuliano_Turnovsky.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0002 Template-Type: ReDIF-Paper 1.0 Title: Financial Liberalization and Capital Flow Reversals: Author-Name: Theo S Eicher Author-Name: Uwe Walz Author-Name: Stephen Turnovsky Creation-Date: 2000-10 File-URL: http://faculty.washington.edu/te/papers/e-t-w-k%201.1.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0003 Template-Type: ReDIF-Paper 1.0 Title: Politics and Trade Policy: An Empirical Investigation" Author-Name: Theo S Eicher Author-Name: Thomas Osang Creation-Date: 2000-10 File-URL: http://faculty.washington.edu/~te/papers/eicherosang.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0004 Template-Type: ReDIF-Paper 1.0 Title: Search in Research: An Evolutionary Approach to Technical Change and Growth" Author-Name: Theo S Eicher Author-Name: Klaas vant Veld Creation-Date: 2000-10 File-URL: http://faculty.washington.edu/te/papers/theoklaas.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0005 Template-Type: ReDIF-Paper 1.0 Title: CATCHING THE AGENT ON THE WRONG FOOT: ex post choice of monitoring Author-Name: Fahad Khalil Author-Name: Jacques Lawarree Creation-Date: 2000-09 File-URL: http://www.econ.washington.edu/user/lawarree/wrongfoot9-00.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0006 Template-Type: ReDIF-Paper 1.0 Title: Sequential Location Contests in the Presence of Agglomeration Economies Author-Name: Laurent Martin Creation-Date: 2000-08 File-URL: http://www.econ.washington.edu/user/martinl/SequentialLocationContests-1August2000.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0007 Template-Type: ReDIF-Paper 1.0 Title: Unilateral Capital Transfers, Public Investment, and Economic Growth Author-Name: Santanu Chatterjee Author-Name: Georgios Sakoulis Author-Name: Stephen Turnovsky Creation-Date: 2000-07 File-URL: http://students.washington.edu/santanu/finalp~2.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0008 Template-Type: ReDIF-Paper 1.0 Title: The Adjustment of Prices and the Adjustment of the Exchange Rate Author-Name: Charles Engel Author-Name: James Morley Creation-Date: 2000-06 File-URL: http://www.econ.washington.edu/user/cmengel/ppp062200j.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0009 Template-Type: ReDIF-Paper 1.0 Title: The Great Depression and Output Persistence Author-Name: Christian J. Murray Author-Name: Charles Nelson Creation-Date: 2000-06 File-URL: http://www.econ.washington.edu/user/cnelson/GD-06-13-00.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0010 Template-Type: ReDIF-Paper 1.0 Title: Does an Interpemporal Trade Off Between Risk and Return Explain Mean Reversion in Stock Prices? Author-Name: Chang-Jin Kim Author-Name: James C. Morley Author-Name: Charles Nelson Creation-Date: 2000-05 File-URL: http://www.econ.washington.edu/user/cnelson/kmn1_052600.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0011 Template-Type: ReDIF-Paper 1.0 Title: Bidding for Firms: An Asymmetric Auction of Interjurisdictional Competition Author-Name: Laurent Martin Creation-Date: 2000-05 File-URL: http://www.econ.washington.edu/user/martinl/BiddingforFirms-8September2000.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0012 Template-Type: ReDIF-Paper 1.0 Title: Why Are Beveridge-Nelson and Unobserved-Component Decompositions of GDP So Different? Author-Name: James C. Morley Author-Name: Charles Nelson Author-Name: Eric Zivot Creation-Date: 2000-04 File-URL: http://www.econ.washington.edu/user/cnelson/MNZ00_04_25.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0013 Template-Type: ReDIF-Paper 1.0 Title: Sakhalin Energy; Problems and Prospects Author-Name: Judith Thornton Creation-Date: 2000-04 File-URL: http://www.econ.washington.edu/user/thornj/SakhProbRev4.25.00.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0014 Template-Type: ReDIF-Paper 1.0 Title: Growth in an Open Economy: Some Recent Developments Author-Name: Stephen Turnovsky Creation-Date: 2000-04 File-URL: http://www.econ.washington.edu/user/sturn/Brussels_paper.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0015 Template-Type: ReDIF-Paper 1.0 Title: Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibiity Author-Name: Michael Devereux Author-Name: Charles Engel Creation-Date: 2000-04 File-URL: http://www.econ.washington.edu/user/cmengel/DevereuxEngelFinal2.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0016 Template-Type: ReDIF-Paper 1.0 Title: State-Space Modeling of the Relationship Between Air Quality and Mortality Author-Name: Christian J. Murray Author-Name: Charles Nelson Creation-Date: 2000-04 File-URL: http://www.econ.washington.edu/user/cnelson/Mortality.pdf File-Format: application/unknown Handle: RePEc:udb:wpaper:0017 Template-Type: ReDIF-Paper 1.0 Title: The Transitional Dynamics of Fiscal Policy: Long-run Capital Accumulation and Growth Author-Name: Stephen Turnovsky Creation-Date: 2000-04 File-URL: http://www.econ.washington.edu/user/sturn/Tilburg_paper.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0018 Template-Type: ReDIF-Paper 1.0 Title: Development of Sakhalin Energy; Can the Barriers be Overcome? Author-Name: Judith Thornton Creation-Date: 2000-04 File-URL: http://www.econ.washington.edu/user/thornj/SakhEnerBar4.2000.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0019 Template-Type: ReDIF-Paper 1.0 Title: Optimal Exchange Rate Policy:The Influence of Price-Setting and Asset Markets Author-Name: Charles Engel Creation-Date: 2000-03 File-URL: http://www.econ.washington.edu/user/cmengel/Mexicopaper3_1.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0020 Template-Type: ReDIF-Paper 1.0 Title: Common Stochastic Trends, Common Cycles, and Asymmetry in Economic Fluctuations Author-Name: Chang-Jin Kim Author-Name: Jeremy Piger Creation-Date: 2000-03 File-URL: http://www.econ.washington.edu/user/changjin/kim_piger1.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0021 Template-Type: ReDIF-Paper 1.0 Title: The Optimal Choice of Exchange-Rate Regime: Price-Setting Rules and Internationalized Production Author-Name: Michael Devereux Author-Name: Charles Engel Creation-Date: 2000-02 File-URL: http://www.econ.washington.edu/user/cmengel/EngelLips1_4.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0022 Template-Type: ReDIF-Paper 1.0 Title: Is There a Positive Relationship between Stock Market Volatility and the Equity Premium? Author-Name: Chang-Jin Kim Author-Name: James C. Morley Author-Name: Charles Nelson Creation-Date: 2000-02 File-URL: http://wuecon.wustl.edu/~morley/kmn2_022600.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0023 Template-Type: ReDIF-Paper 1.0 Title: Is There a Structural Break in the Equity Premium? Author-Name: Chang-Jin Kim Author-Name: James C. Morley Author-Name: Charles Nelson Creation-Date: 2000-02 File-URL: http://www.econ.washington.edu/user/changjin/kmn3_2000_1.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0024 Template-Type: ReDIF-Paper 1.0 Title: Renewable Natural Resource Management and Use Without Markets Author-Name: Gardner Brown Creation-Date: 2000-01 File-URL: http://www.econ.washington.edu/user/gbrown/RenNatRes.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0025 Template-Type: ReDIF-Paper 1.0 Title: Saving for Retirement: Household Bargaining and Household Net Worth Author-Name: Shelly Lundberg Author-Name: Jennifer Ward-Batts Creation-Date: 2000-01 File-URL: http://www.econ.washington.edu/user/lundberg/saving.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0026 Template-Type: ReDIF-Paper 1.0 Title: Violating the Law of One Price: Should We Make a Federal Case Out of It? Author-Name: Charles Engel Author-Name: John H. Rogers Creation-Date: 2000-01 File-URL: http://www.econ.washington.edu/user/cmengel/violate5.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0027 Template-Type: ReDIF-Paper 1.0 Title: Does an Intertemporal Tradeoff between Risk and Return Explain Mean Reversion in Stock Prices? Author-Name: Chang-Jin Kim Author-Name: James C. Morley Author-Name: Charles Nelson Creation-Date: 1999-12 File-URL: http://wuecon.wustl.edu/~morley/kmn1_120799.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0028 Template-Type: ReDIF-Paper 1.0 Title: Direct Investment Liberalization, Commodity Trade, and Income Distribution; What Can the WTO Do? Author-Name: Kar-yiu Wong Creation-Date: 1999-11 File-URL: http://faculty.washington.edu/karyiu/papers/inv-lib.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0029 Template-Type: ReDIF-Paper 1.0 Title: Threshold Cointegration and Nonlinear Adjustment to the Law of One Price Author-Name: Ming Chien Lo Author-Name: Eric Zivot Creation-Date: 1999-11 File-URL: http://www.econ.washington.edu/user/ezivot/papers/mtar_all.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0030 Template-Type: ReDIF-Paper 1.0 Title: Knife-Edge Conditions and the Macroeconomics of Small Open Economies Author-Name: Stephen Turnovsky Creation-Date: 1999-10 File-URL: http://www.econ.washington.edu/user/sturn/Melbourne_paper.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0031 Template-Type: ReDIF-Paper 1.0 Title: Optimal Partially Reversible Investment Author-Name: Richard Hartman Author-Name: Michael Hendrickson Creation-Date: 1999-10 File-URL: http://www.econ.washington.edu/user/rhartman/opt_par_irr_inv.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0032 Template-Type: ReDIF-Paper 1.0 Title: The Effect of Sons and Daughters on Men's Labor Supply and Wages Author-Name: Shelly Lundberg Author-Name: Elaina Rose Creation-Date: 1999-10 File-URL: http://www.econ.washington.edu/user/lundberg/kids.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0033 Template-Type: ReDIF-Paper 1.0 Title: Exchange-Rate Pass-Through and the Welfare Effects of the Euro Author-Name: Michael Devereux Author-Name: Charles Engel Author-Name: Cedric Tille Creation-Date: 1999-09 File-URL: http://www.econ.washington.edu/user/cmengel/Euro9b.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0034 Template-Type: ReDIF-Paper 1.0 Title: A Bayesian Approach to Testing for Markov Switching in Univariate and Dynamic Factor Models Author-Name: Chang-Jin Kim Author-Name: Charles Nelson Creation-Date: 1999-09 File-URL: http://www.econ.washington.edu/user/changjin/ier99.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0035 Template-Type: ReDIF-Paper 1.0 Title: Local-Currency Pricing and the Choice of Exchange-Rate Regime Author-Name: Charles Engel Creation-Date: 1999-09 File-URL: http://www.econ.washington.edu/user/cmengel/IPEErev2.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0036 Template-Type: ReDIF-Paper 1.0 Title: A Tale of Two Ports Author-Name: Ngo Van Long Author-Name: Kar-yiu Wong Creation-Date: 1999-08 File-URL: http://faculty.washington.edu/karyiu/papers/lwong.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0037 Template-Type: ReDIF-Paper 1.0 Title: Deviations from Purchasing Power Parity:Causes and Welfare Costs Author-Name: Charles Engel Author-Name: John H. Rogers Creation-Date: 1999-07 File-URL: http://www.econ.washington.edu/user/cmengel/Swiss6a.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0038 Template-Type: ReDIF-Paper 1.0 Title: Improved Inference for the Instrumental Variable Estimator Author-Name: Richard Startz Author-Name: Charles Nelson Author-Name: Eric Zivot Creation-Date: 1999-05 File-URL: http://www.econ.washington.edu/user/startz/Working_Papers/ImprovedIV.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0039 Template-Type: ReDIF-Paper 1.0 Title: Unit Root Tests in the Presence of Markov Regime-Switching Author-Name: Charles Nelson Author-Name: Jeremy Piger Author-Name: Eric Zivot Creation-Date: 1999-05 File-URL: http://www.econ.washington.edu/user/ezivot/papers/npz.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0040 Template-Type: ReDIF-Paper 1.0 Title: Permanent and Transitory Nature of Recessions Author-Name: Chang-Jin Kim Author-Name: Chris Murray Creation-Date: 1999-05 File-URL: http://www.econ.washington.edu/user/changjin/km_mrry.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0041 Template-Type: ReDIF-Paper 1.0 Title: Valuing Multiple Programs to Improve Fish Populations Author-Name: David F. Layton Author-Name: Gardner Brown Author-Name: Mark L. Plummer Creation-Date: 1999-04 File-URL: http://www.econ.washington.edu/user/gbrown/valmultiprog.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0042 Template-Type: ReDIF-Paper 1.0 Title: A Time Series Model of Multiple Structural Changes in Level, Trend and Variance Author-Name: Jiahui Wang Author-Name: Eric Zivot Creation-Date: 1999-03 File-URL: http://faculty.washington.edu/ezivot/mbreakpdf.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0043 Template-Type: ReDIF-Paper 1.0 Title: Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors? Author-Name: Joshua Aizenman Author-Name: Stephen Turnovsky Creation-Date: 1999-02 File-URL: http://www.econ.washington.edu/user/sturn/Aizenman-Turnovsky_debt.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0044 Template-Type: ReDIF-Paper 1.0 Title: Currency Crises and Capital Control: A Survey Author-Name: Sweta Saxena Author-Name: Kar-yiu Wong Creation-Date: 1999-01 File-URL: http://faculty.washington.edu/karyiu/papers/crisis-sur.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0045 Template-Type: ReDIF-Paper 1.0 Title: The Asian Crisis: A Statistical Point of View Author-Name: Ming Chien Lo Author-Name: Kar-yiu Wong Creation-Date: 1999-01 File-URL: http://faculty.washington.edu/karyiu/Asia/data/asiadata.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0046 Template-Type: ReDIF-Paper 1.0 Title: Race, Information, and Segregation Author-Name: Shelly Lundberg Author-Name: Richard Startz Creation-Date: 1998-12 File-URL: http://www.econ.washington.edu/user/startz/Working_Papers/Race.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0047 Template-Type: ReDIF-Paper 1.0 Title: The Determinants of Specialization Within Marriage Author-Name: Shelly Lundberg Author-Name: Elaina Rose Creation-Date: 1998-12 File-URL: http://www.econ.washington.edu/user/lundberg/spec.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0048 Template-Type: ReDIF-Paper 1.0 Title: Are Boys and Girls Treated Differently? Parental choice of Child Care Arrangements for Preschoolers in the US Author-Name: Elaina Rose Author-Name: Bridget Hiedemann Author-Name: Jutta Joesch Creation-Date: 1998-12 Handle: RePEc:udb:wpaper:0049 Template-Type: ReDIF-Paper 1.0 Title: Long-Run PPP May Not Hold After All Author-Name: Charles Engel Creation-Date: 1998-11 File-URL: http://www.econ.washington.edu/user/cmengel/LrPPPFrev.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0050 Template-Type: ReDIF-Paper 1.0 Title: A Dynamic Characterization of Rawls' Maximin Principle:Theory and Implications Author-Name: Cyrus Chu Author-Name: Wen-Fang Liu Creation-Date: 1998-11 File-URL: http://www.econ.washington.edu/user/liuwf/WorkingPaper/rawls4n.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0051 Template-Type: ReDIF-Paper 1.0 Title: Analysis of Electricity Market Rules and Their Effects on Strategic Behavior in a Non-Congestive Grid Author-Name: Karl Seeley Author-Name: Jacques Lawarree Author-Name: Chen-Ching Liu Creation-Date: 1998-10 File-URL: http://www.econ.washington.edu/user/lawarree/karlieee-final.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0052 Template-Type: ReDIF-Paper 1.0 Title: Heterogeneous Agent Economies with Knightian Uncertainty Author-Name: Wen-Fang Liu Creation-Date: 1998-10 File-URL: http://www.econ.washington.edu/user/liuwf/WorkingPaper/res1_r1.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0053 Template-Type: ReDIF-Paper 1.0 Title: Financial Risk Management in a Competitive Electricity Market Author-Name: Roger Bjorgan Author-Name: Chen-Ching Liu Author-Name: Jacques Lawarree Creation-Date: 1998-09 File-URL: http://www.econ.washington.edu/user/lawarree/9-29-risk.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0054 Template-Type: ReDIF-Paper 1.0 Title: Volatility and Growth in Developing Economies: Some Numerical Results and Empirical Evidence Author-Name: Stephen Turnovsky Author-Name: Pradip Chattopadhyay Creation-Date: 1998-09 File-URL: http://www.econ.washington.edu/user/sturn/wolatility_growth.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0055 Template-Type: ReDIF-Paper 1.0 Title: Productive Government Expenditure in a Stochastically Growing Economy Author-Name: Stephen Turnovsky Creation-Date: 1998-09 File-URL: http://www.econ.washington.edu/user/sturn/Pub_Exp_and_stoch_grow.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0056 Template-Type: ReDIF-Paper 1.0 Title: Teen Childbearing and Human Capital: Does Timing Matter? Author-Name: Shelly Lundberg Author-Name: Daniel Klepinger Author-Name: Robert Plotnick Creation-Date: 1998-09 File-URL: http://www.econ.washington.edu/user/lundberg/Timing.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0057 Template-Type: ReDIF-Paper 1.0 Title: The Exercise of Rights to Resources in the Russian Far East Author-Name: Judith Thornton Creation-Date: 1998-09 File-URL: http://www.econ.washington.edu/user/thornj/ResourceRts.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0058 Template-Type: ReDIF-Paper 1.0 Title: A Bayesian Approach to Testing for Markov Switching in Univariate and Dynamic Factor Models Author-Name: Chang-Jin Kim Author-Name: Charles Nelson Creation-Date: 1998-08 File-URL: http://www.econ.washington.edu/user/cnelson/tst_ms.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0059 Template-Type: ReDIF-Paper 1.0 Title: Economics of Antibiotic Resistance Author-Name: Gardner Brown Author-Name: Ramanan Laxminarayan Creation-Date: 1998-08 File-URL: http://www.econ.washington.edu/user/gbrown/abx_revised.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0060 Template-Type: ReDIF-Paper 1.0 Title: Relative Price Volatility: What Role Does the Border Play? Author-Name: Charles Engel Author-Name: John H. Rogers Creation-Date: 1998-08 File-URL: http://www.econ.washington.edu/user/cmengel/newbord.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0061 Template-Type: ReDIF-Paper 1.0 Title: Dynamic Gains from Trade and Industrialization Author-Name: Kar-yiu Wong Author-Name: Chong K. Yip Creation-Date: 1998-08 File-URL: http://faculty.washington.edu/karyiu/papers/DynGains.htm File-Format: text/html Handle: RePEc:udb:wpaper:0062 Template-Type: ReDIF-Paper 1.0 Title: Bayesian and Classical Approaches to Instrumental Variable Regression Author-Name: Frank Kleibergen Author-Name: Eric Zivot Creation-Date: 1998-08 Handle: RePEc:udb:wpaper:0063 Template-Type: ReDIF-Paper 1.0 Title: Growth States and Shocks Author-Name: Richard Startz Creation-Date: 1998-07 File-URL: http://www.econ.washington.edu/user/startz/working_papers/Growth_states.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0064 Template-Type: ReDIF-Paper 1.0 Title: Bargaining in Families Author-Name: Shelly Lundberg Author-Name: Robert Pollak Creation-Date: 1998-07 Handle: RePEc:udb:wpaper:0065 Template-Type: ReDIF-Paper 1.0 Title: Savings,Portfolio Decisions and Investment:Observable Implications with Knightian Uncertainty Author-Name: Wen-Fang Liu Creation-Date: 1998-07 File-URL: http://www.econ.washington.edu/user/liuwf/WorkingPaper/red.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0066 Template-Type: ReDIF-Paper 1.0 Title: Inequality and Race: Models and Policy Author-Name: Shelly Lundberg Author-Name: Richard Startz Creation-Date: 1998-06 File-URL: http://www.econ.washington.edu/user/startz/Working_Papers/Inequality.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0067 Template-Type: ReDIF-Paper 1.0 Title: Fiscal Policy, Elastic Labor Supply, and Endogenous Growth Author-Name: Stephen Turnovsky Creation-Date: 1998-06 File-URL: http://www.econ.washington.edu/user/sturn/endog_growth_labor.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0068 Template-Type: ReDIF-Paper 1.0 Title: Cointegration and Forward and Spot Exchange Rate Regressions Author-Name: Eric Zivot Creation-Date: 1998-06 File-URL: http://faculty.washington.edu/ezivot/forward.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0069 Template-Type: ReDIF-Paper 1.0 Title: Intraindustry Trade, Intraindustry Investment, and Welfare Author-Name: Kar-yiu Wong Creation-Date: 1998-05 File-URL: http://faculty.washington.edu/karyiu/papers/tra-inv.htm File-Format: text/html Handle: RePEc:udb:wpaper:0070 Template-Type: ReDIF-Paper 1.0 Title: Scale, Congestion, and Growth Author-Name: Theo S Eicher Author-Name: Stephen Turnovsky Creation-Date: 1998-05 File-URL: http://www.econ.washington.edu/user/sturn/Scale_Congestion_Growth.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0071 Template-Type: ReDIF-Paper 1.0 Title: Growth of Hong Kong Before and After Its Reversion to China: The China Factor Author-Name: Kar-yiu Wong Author-Name: Yun Wing Sung Creation-Date: 1998-04 File-URL: http://faculty.washington.edu/karyiu/papers/HK-ChinaFac.htm File-Format: text/html Handle: RePEc:udb:wpaper:0072 Template-Type: ReDIF-Paper 1.0 Title: On the Role of Government in a Stochastically Growing Open Economy Author-Name: Stephen Turnovsky Creation-Date: 1998-03 File-URL: http://www.econ.washington.edu/user/sturn/Pub_Exp_and_stoch_grow.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0073 Template-Type: ReDIF-Paper 1.0 Title: The Uncertain Trend in U.S. GDP Author-Name: Chris Murray Author-Name: Charles Nelson Creation-Date: 1998-03 File-URL: http://www.econ.washington.edu/user/cnelson/UNCERT_web.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0074 Template-Type: ReDIF-Paper 1.0 Title: Market Structure and Productivity Revisited: Endogenous Productivity, Training and Market Shares Author-Name: Theo S Eicher Author-Name: Sang Choon Kim Creation-Date: 1998-03 File-URL: http://faculty.washington.edu/~te/papers/eicherkim.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0075 Template-Type: ReDIF-Paper 1.0 Title: Optimal Income Transfers and Tariffs Author-Name: Kar-yiu Wong Author-Name: Sajal LAHIRI Author-Name: Pascalis RAIMONDOS-M Author-Name: Alan D. WOODLAND Creation-Date: 1998-02 File-URL: http://faculty.washington.edu/karyiu/papers/lrww.htm File-Format: text/html Handle: RePEc:udb:wpaper:0076 Template-Type: ReDIF-Paper 1.0 Title: Industrialization, Economic Growth and International Trade Author-Name: Kar-yiu Wong Author-Name: Chong K. Yip Creation-Date: 1998-02 File-URL: http://faculty.washington.edu/karyiu/papers/IndGro&Tra.htm File-Format: text/html Handle: RePEc:udb:wpaper:0077 Template-Type: ReDIF-Paper 1.0 Title: Education, Economic Growth, and Brain Drain Author-Name: Kar-yiu Wong Author-Name: Chong K. Yip Creation-Date: 1998-01 File-URL: http://faculty.washington.edu/karyiu/papers/Gro&BraDra.htm File-Format: text/html Handle: RePEc:udb:wpaper:0078 Template-Type: ReDIF-Paper 1.0 Title: The Law of Comparative Advantage without Social Utility Functions Author-Name: Kar-yiu Wong Author-Name: Koji Shimomura Creation-Date: 1998-01 File-URL: http://faculty.washington.edu/karyiu/papers/LawComAdv.htm File-Format: text/html Handle: RePEc:udb:wpaper:0079 Template-Type: ReDIF-Paper 1.0 Title: Economic Growth and International Trade: the case of Hong Kong Author-Name: Kar-yiu Wong Author-Name: Win Lin Chou Creation-Date: 1997-12 File-URL: http://faculty.washington.edu/karyiu/papers/Gro&Tra-HK.htm File-Format: text/html Handle: RePEc:udb:wpaper:0080 Template-Type: ReDIF-Paper 1.0 Title: Specific and Ad Valorem Tariffs are not Equivalent in Trade Wars Author-Name: Kar-yiu Wong Author-Name: Ben Lockwood Creation-Date: 1997-10 File-URL: http://faculty.washington.edu/karyiu/papers/SpeAdVal.htm File-Format: text/html Handle: RePEc:udb:wpaper:0081 Template-Type: ReDIF-Paper 1.0 Title: Housing Market Bubbles and Currency Crisis: the case of Thailand Author-Name: Kar-yiu Wong File-URL: http://faculty.washington.edu/karyiu/papers/bubbles.pdf File-Format: application/pdf Handle: RePEc:udb:wpaper:0082 Template-Type: ReDIF-Paper 1.0 Title: Inequality and Growth Author-Name: Theo S Eicher Author-Name: Cecilia Garcia Penalosa File-URL: http://faculty.washington.edu/~te/papers/e-c-11-99.PDF File-Format: application/pdf Handle: RePEc:udb:wpaper:0083 template-type: ReDIF-Paper 1.0 title: THE IMPACT OF TRAINING ON THE FREQUENCY AND DURATION OF EMPLOYMENT: AN ECONOMETRIC ANALYSIS OF THE EXPERIENCES OF YOUTH author-name: GRITZ, R.M. keywords: training ; employment ; labour ; market ; econometrics ; youth length: 43 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-01 template-type: ReDIF-Paper 1.0 title: THE ALLOCATION AND GUARANTEE OF OUTCOME VARIABILITY author-name: BARZEL, Y. author-name: SUEN, W. keywords: production ; efficiency ; resource allocation length: 22 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-03 template-type: ReDIF-Paper 1.0 title: THE APPROPRIATE CONDUCT OF MONETARY POLICY FOR 1988: TESTIMONY BEFORE THE JOINT ECONOMIC COMMITTEE, CONGRESS OF THE UNITED STATES author-name: HADJIMICHALAKIS, M.G. keywords: monetary policy ; economic growth ; conferences length: 9 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-02 template-type: ReDIF-Paper 1.0 title: MEAN REVERSION IN STOCK PRICES? A REAPPRAISAL OF EMPIRICAL EVIDENCE. author-name: KIM, M.J. author-name: NELSON, C.R. author-name: STARTZ, R. keywords: financial market ; historical analysis ; economic models length: 28 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-15 template-type: ReDIF-Paper 1.0 title: STRATEGIC WAGES POLICY AND THE GAINS FROM COOPERATION. author-name: TURNOVSKY, S.J. author-name: BIANCONI, M. keywords: inflation ; wages ; fiscal policy ; stochastic processes ; economic models length: 25 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-13 template-type: ReDIF-Paper 1.0 title: ON THE STRATEGIC CHOICE BETWEEN CAPITAL AND LABOR MOBILITY. author-name: WONG, K-Y. author-name: CHENG, L.K. keywords: capital movements ; labour market ; economic equilibrium length: 22 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-12 template-type: ReDIF-Paper 1.0 title: FOREIGN TRADE, MILITARY ALLIANCE, AND DEFENCE-BURDEN SHARING. author-name: WONG, K-Y. keywords: international trade ; defence length: 30 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-11 template-type: ReDIF-Paper 1.0 title: THE TIME-VARYING-PARAMETER MODEL AS AN ALTERNATIVE TO ARCH FOR MODELING CHANGING CONDITIONAL VARIANCE: THE CASE OF THE LUCAS HYPOTHESIS. author-name: NELSON, C.R. author-name: KIM, C-J. keywords: economic models ; econometrics ; tests length: 26 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-10 template-type: ReDIF-Paper 1.0 title: THE CHOICE OF MONETARY INSTRUMENT IN TWO INTERDEPENDENT ECONOMICS UNDER UNCERTAINTY THE LAURSEN-METZLER EFFECT. author-name: TURNOVSKY, S. author-name: D'OREY, V. keywords: stochastic processes ; monetary policy ; interest rate ; economic equilibrium length: 12 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-09 template-type: ReDIF-Paper 1.0 title: DETERIORATION OF THE TERM OF TRADE AND CAPITAL ECCUMULATION A REEXAMINATION OF THE LAURSEN-METZLER EFFECT. author-name: TURNOVSKY, S. author-name: SEN, P. keywords: international trade ; economic models ; investments length: 23 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-08 template-type: ReDIF-Paper 1.0 title: THE DISTRIBUTION OF THE INSTRUMENTAL VARIABLES ESTIMATOR AND ITS T-RATIO WHEN THE INSTRUMENT IS A POOR ONE. author-name: NELSON, C. author-name: STARTZ, R. keywords: instrumental variables ; estimator ; econometrics length: 23 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-07 template-type: ReDIF-Paper 1.0 title: SOME FURTHERE RESULTS ON THE EXACT SMALL SAMPLE PROPERTIES OF THE INSTRUMENTAL VARIABLE ESTIMATOR. author-name: NELSON, C. author-name: STARTZ, R. keywords: instrumental variables ; estimator ; econometrics length: 16 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-06 template-type: ReDIF-Paper 1.0 title: INTERNATIONAL ALLOCATION OF INVESTMENT UNDER UNCERTAINTY. author-name: RASIN, A, author-name: WONG, K-Y. keywords: investments ; risk ; capital movements length: 35 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-05 template-type: ReDIF-Paper 1.0 title: MORAL HAZARD, MONITORING COST, AND THE CHOICE OF CONTRACTS. author-name: BARSEL, Y. author-name: SUEN, W. keywords: moral hazard ; contracts length: 22 pages creation-date: 1988 Handle: RePEc:udb:wpaper:88-04 template-type: ReDIF-Paper 1.0 title: NUTRITION, HEALTH, AND MORTALITY IN INDIA: INCIDENCE, DETERMINANTS AND POLICY RESPONSE. author-name: DEOLALIKAR, A. keywords: nutrition ; health policy ; mortality length: 32 pages creation-date: 1989 Handle: RePEc:udb:wpaper:90-01 template-type: ReDIF-Paper 1.0 title: THE DEMAND FOR GIFFEN GOODS IN DOWNWARD SLOPING. author-name: BARZEL, Y. author-name: SUEN, W. keywords: pricing ; consumption ; demand ; income length: 19 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-22 template-type: ReDIF-Paper 1.0 title: TRANSACTION COSTS AND THE EFFICIENT ORGANIZATION OF PRODUCTION: A STUDY OF TIMBER-HARVESTING CONTRACTS. author-name: LEFFLER, K.B. author-name: RUCKER, R.R. keywords: contracts ; industry ; production length: 24 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-11 template-type: ReDIF-Paper 1.0 title: THE EFFECTS OF TAXES AND DEVIDEND POLICY ON CAPITAL ACCUMULATION AND MACROECONOMIC BEHAVIOR. author-name: TURNOVSKY, S.J. keywords: taxes ; income ; financial market ; capital length: 29 pages creation-date: 1989 Handle: RePEc:udb:wpaper:891101 template-type: ReDIF-Paper 1.0 title: INVENTIVE ACTIVITY AND FIRM PERFORMANCES: LATENT VARIABLE, FIXED-EFFECTS ESTIMATES FOR INDIAN MANUFACTURING. author-name: DEOLALIKAR, A.B. author-name: ROLLER, L.H. keywords: developing countries ; manufacturing industries ; enterprises length: 10 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-19 template-type: ReDIF-Paper 1.0 title: REQUEST BEHAVIOR IN A DEVELOPING COUNTRY: ESTIMATES OF PARENTAL AVERSION TO INEQUALITY AMONG CHILDREN. author-name: DEOLALIKAR, A.B. keywords: developing countries ; poverty ; children ; income length: 19 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-18 template-type: ReDIF-Paper 1.0 title: PERMANENT, EXPECTED AND INNATE POVERTY: ESTIMATES FOR SEMI-ARID SOUTH INDIA, 1975-84. author-name: GAILA, R. author-name: DEOLALIKAR, A.B. keywords: poverty ; rural areas ; developing countries ; income length: 15 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-17 template-type: ReDIF-Paper 1.0 title: INFLATION, CORRUPTION, AND INCOME DISTRIBUTION: THE RECENT PRICE REFORM IN CHINA. author-name: WONG, K-Y. keywords: economic models ; economic reform ; inflation ; corruption length: 19 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-16 template-type: ReDIF-Paper 1.0 title: EMPIRICAL EVIDENCE ON NOMINAL WAGE AND PRICE FLEXIBILITY. author-name: COGLEY, T. keywords: money ; economic models ; wages length: 25 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-15 template-type: ReDIF-Paper 1.0 title: RATIONAL CONJECTURES EQUILIBRIA IN THE PRIVATE PROVISION OF PUBLIC GOODS. author-name: SCAFURI, A.J. keywords: public sector ; learning ; economic models ; econometrics length: 15 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-14 template-type: ReDIF-Paper 1.0 title: OLIGOPOLY AND THE TRADE EFFECT OF DISCRIMINATORY GOVERNMENT PROCUREMENT POLICY. author-name: MIYAGIWA, K. keywords: oligopolies ; prices ; demand length: 16 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-13 template-type: ReDIF-Paper 1.0 title: STOCHASTIC GOVERNMENT PREFERENCES, FISCAL CREDIBILITY, AND THE VALUE INFORMATION. author-name: BIANCONI, M. keywords: fiscal policy ; economic models ; stochastic processes length: 44 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-12 template-type: ReDIF-Paper 1.0 title: GRANT FUNDING IN ECONOMICS FROM THE NATIONAL SCIENCE FOUNDATION DURING FISCAL YEAR 1987. author-name: NELSON, C.R. keywords: resource allocation ; grants ; research workers length: 10 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-10 template-type: ReDIF-Paper 1.0 title: SCALE ECONOMICS IN EDUCATION AND THE BRAIN DRAIN PROBLEM. author-name: MIYAGIWA, K. keywords: brain drain ; educational policy ; economic models length: 22 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-09 template-type: ReDIF-Paper 1.0 title: LARGE IS BEAUTIFUL: INTERNATIONAL TRANSFER OF LOCALIZAD TECHNOLOGY AND NATIONAL WELFARE. author-name: MIYAGIWA, K. keywords: developing countries ; enterprises ; production ; income length: 15 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-08 template-type: ReDIF-Paper 1.0 title: THE LOCATIONAL CHOICE FOR DUTY-FREE ZONES RURAL VS. URBAN OPTIONS. author-name: MIYAGIWA, K. keywords: free trade areas ; developing countries ; urban areas length: 14 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-07 template-type: ReDIF-Paper 1.0 title: VALIDITY OF THE RYBCZYNSKI AND STOLPER-SAMUELSON THEOREMS UNDER VARIABLE RETURNS TO SCALE. author-name: WONG, K-Y. keywords: economic theory ; estimator ; commodity prices length: 30 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-06 template-type: ReDIF-Paper 1.0 title: INTERNATIONAL TRADE, FOREIGN DIRECT INVESTMENT, AND NATIONAL WELFARE. author-name: WONG, K-Y. keywords: international trade ; investments ; social welfare length: 29 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-05 template-type: ReDIF-Paper 1.0 title: THE TERM STRUCTURE OF INTEREST RATES AND THE EFFETS OF MACROECONOMICS POLICY. author-name: TURNOVSKY, S.J. keywords: interest rate ; economic equilibrium ; investments length: 20 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-03 template-type: ReDIF-Paper 1.0 title: INTERNATIONAL EVIDENCE ON THE SIZE OF THE RANDOM WALK IN OUTPUT. author-name: COGLEY, T. keywords: business cycles ; time series ; economic models length: 17 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-02 template-type: ReDIF-Paper 1.0 title: THE MARKOV MODEL OF HETEROSKEDASTICITY, RISK AND LEARNING IN THE STOCK MARKET. author-name: TURNER, C.M. author-name: STARTZ, R. author-name: NELSON, C.R. keywords: financial market ; risk ; economic models ; estimator length: 31 pages creation-date: 1989 Handle: RePEc:udb:wpaper:89-01 template-type: ReDIF-Paper 1.0 title: TEENAGE CHILDBEARING AND ADULT WAGES. author-name: LUNDBERG, S. author-name: PLOTNICK, R.D. keywords: wages ; labour market ; pregnancy ; women workers length: 29 pages creation-date: 1989 Handle: RePEc:udb:wpaper:90-24 template-type: ReDIF-Paper 1.0 title: Collusion in Hierarchical Agency. author-name: Kofman, F. author-name: Lawarree, J. keywords: management ; production ; economic models length: 45 pages creation-date: 1990 Handle: RePEc:udb:wpaper:91-01 template-type: ReDIF-Paper 1.0 title: Notes on Imperfect Competition and New Keynesian Economics. author-name: Startz, R. keywords: economic theory ; economic models length: 23 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-34 template-type: ReDIF-Paper 1.0 title: Unobserved Household and Community Heterogeneity and the Labor Market Impact of Schooling : A Case of Indonesia. author-name: Behrman, J.R. author-name: Deolalikar, A.B. keywords: labour market ; education length: 22 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-33 template-type: ReDIF-Paper 1.0 title: School Repetition, Dropouts and the Returns to School: the Case of Indonesia. author-name: Behrman, J.R. author-name: Deolalikar, A.B. keywords: education length: 15 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-32 template-type: ReDIF-Paper 1.0 title: Gender Discrimination in the Intrahousehold Allocation of Health Inputs and Distribution of Health Outcomes Among Children Under 5: Results from Indonesia, 1987. author-name: Deolalikar, A.B. keywords: health ; developing countries ; mortality ; children length: 29 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-31 template-type: ReDIF-Paper 1.0 title: Rural Services and Public Works in Developing Countries : The Role of Access to Credit, Primary Health Services, and Public Works in Poverty Alleviation. author-name: Deolalikar, A.B. keywords: poverty ; credit ; debt length: 39 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-30 template-type: ReDIF-Paper 1.0 title: More on the Exact Small Sample Distribution of the Instrumental Variable Estimator: A Reply to Maddala and Jeong. author-name: Nelson, C.R. author-name: Startz, R. keywords: economic models ; econometrics length: 6 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-29 template-type: ReDIF-Paper 1.0 title: A New Method of Testing Models of Portfolios Choice : Application to International Diversification. author-name: Glassman, D.A. author-name: Riddick, L.A. keywords: economic models ; statistics ; prices length: 29 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-28 template-type: ReDIF-Paper 1.0 title: Comparing Covariance Matrix Estimators in Linear Regression Models. author-name: Parks, R.W. author-name: Savin, N.E. keywords: economic models ; statistics ; maximum likelihood length: 21 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-27 template-type: ReDIF-Paper 1.0 title: Parametric Tests for Static Equilibrium. author-name: Atkinson, S.E. author-name: Halvorsen, R. keywords: economic equilibrium ; economic models length: 23 pages creation-date: 1990 Handle: RePEc:udb:wpaper:91-03 template-type: ReDIF-Paper 1.0 title: THE TERM STRUCTURE OF INTEREST RATES AND INVESTMENT IN A CASH-IN-ADVANCE MODEL WITH GOVERNMENT SPENDING. author-name: HARTMAN, R. keywords: interest rate ; investments ; national expenditures ; financial policy length: 40 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-04 template-type: ReDIF-Paper 1.0 title: CONSUMPTION WITH A POSSIBLY FINIT HORIZON. author-name: STARTZ, R. keywords: consumption ; income ; economic models length: 19 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-05 template-type: ReDIF-Paper 1.0 title: THE IMPACT OF MACROECONOMICS ADJUSTMENT ON THE POOR AND ON THE SOCIAL SECTROR: THE ANALYTICAL BASIS, EMPIRICAL EVIDENCE, AND A CASE COMPARISON. author-name: BEHRMAN, J.R. author-name: DEOLALIKAR, A.B. keywords: macroeconomics ; empirical methods ; economic policy length: 34 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-03 template-type: ReDIF-Paper 1.0 title: ARE HOUSEHOLDS AVERSE TO INEQUALITY OF MARKET LABOR SUPPLY AMONG THEIR MEMBERS? ECONOMMETRIC ESTIMATES FOR RURAL SOUTH INDIA. author-name: BEHRMAN, J.R. author-name: DEOLALIKAR, A.B. keywords: labour market ; economic models ; leisure ; econometrics ; estimator length: 10 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-02 template-type: ReDIF-Paper 1.0 title: LICENSING OF NEW TECHNOLOGY VS DIRECT FOREIGN INVESTMENT: A GENERAL EQUILIBRIUM ANALYSIS. author-name: MIYAGIWA, K. author-name: YOUNG, L. keywords: : creation-date: 1990 Handle: RePEc:udb:wpaper:89-11a template-type: ReDIF-Paper 1.0 title: FOREIGN DIRECT INVESTMENT, RESOURCE ALLOCATION AND NATIONAL WELFARE: AN EMPIRICAL STUDY. author-name: WONG, K-Y. keywords: investments ; resource allocation ; social welfare length: 29 pages creation-date: 1990 Handle: RePEc:udb:wpaper:89-04 template-type: ReDIF-Paper 1.0 title: THE WEALTH MODEL: EFFICIENCY IN EDUCATION AND DISTRIBUTION IN THE FAMILY. author-name: BEHRMAN, J.R. author-name: POLLAK, R.A. author-name: TAUBMAN, P. keywords: wealth ; education ; family ; human resources length: 31 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-16 template-type: ReDIF-Paper 1.0 title: PREDICTABLE STOCK RETURNS: REALITY OR STATISTICAL ILLUSION?. author-name: NELSON, C.R. author-name: KIM, M.J. keywords: stocks ; forecasts ; econometrics length: 29 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-15 template-type: ReDIF-Paper 1.0 title: QUID PRO QUO FOREIGN INVESTMENT AND POLICY INTERVENTION. author-name: DINOPOULOS, E. author-name: WONG, K-Y. keywords: foreign investments ; state intervention ; government policy ; tariffs length: 28 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-14 template-type: ReDIF-Paper 1.0 title: TARIFFS AND SECTORAL ADJUSTMENTS IN AN OPEN ECONOMY. author-name: TURNOVSKY, S.J. keywords: tariffs ; adaptation ; open economy ; imports ; consumption ; exports length: 30 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-13 template-type: ReDIF-Paper 1.0 title: THE IMPACT OF BEQUESTS ON LIFETIME WEALTH ACCUMULATION: AN ECONOMETRIC STUDY OF TWO GENERATIONS OF RURAL HOUSEHOLDS IN INDIA. author-name: DEOLALIKAR, A.B. author-name: SINGH, R.P. keywords: wealth ; econometrics ; household ; rural areas ; grants ; inheritance length: 16 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-12 template-type: ReDIF-Paper 1.0 title: WELFARE COMPARISONS AND SITUATIONS COMPARISONS. author-name: POLLAK, R.A. keywords: welfare economics ; economic analysis ; economics length: 29 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-11 template-type: ReDIF-Paper 1.0 title: THE LIKELIHOOD DOMINANCE CRITERION: A NEW APPROACH TO MODEL SELECTION. author-name: POLLAK, R.A. author-name: WALES, T.J. keywords: maximum likelihood ; econometrics length: 28 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-10 template-type: ReDIF-Paper 1.0 title: INVESTMENT TAX CREDIT IN AN OPEN ECONOMY. author-name: SEN, P. author-name: TURNOVSKY, S.J. keywords: open economy ; investments ; employment ; deficit ; production length: 23 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-09 template-type: ReDIF-Paper 1.0 title: STRATEGIC POLICIES TOWARD INTERNATIONAL FACTOR MOVEMENTS. author-name: CHENG, L.K. author-name: WONG, K-Y. keywords: international trade ; income ; capital movements ; human resources length: 27 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-26 template-type: ReDIF-Paper 1.0 title: INTERNATIONAL SHAREHOLDING AND STRATEGIC EXPORT POLICY. author-name: MIYAGIWA, K. keywords: financial market ; social welfare ; international trade length: 10 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-25 template-type: ReDIF-Paper 1.0 title: TWO-SEX DEMOGRAPHIC MODELS. author-name: POLLAK, R.A. keywords: labour market ; savings ; population length: 33 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-07 template-type: ReDIF-Paper 1.0 title: ADOLESCENT PREMARITAL CHILDBEARING: DO OPPORTUNITY COSTS MATTER? author-name: LUNDBERG, S. author-name: PLOTNICK, R.D. keywords: women workers ; pregnancy ; abortion ; young workers length: 28 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-23 template-type: ReDIF-Paper 1.0 title: THE DEMAND FOR BRIDE CHARACTERISTICS AND DOWRY IN MARIAGE: EMPIRICAL ESTIMATES FOR RURAL SOUTH INDIA. author-name: DEOLALIKAR, A.B. author-name: RAO, V. keywords: marriage ; schooling ; economic models length: 15 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-22 template-type: ReDIF-Paper 1.0 title: SPURIOUS BUSINESS CYCLE PHENOMENA IN HP FILERED TIME SERIES. author-name: COGLEY, T. keywords: business cycles ; economic models length: 27 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-21 template-type: ReDIF-Paper 1.0 title: INCENTIVE INCOMPATIBLE, IMMISERIZING EXPORT SUBSIDIES. author-name: WONG, K-Y. keywords: enterprises ; international trade ; trade policy length: 14 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-20 template-type: ReDIF-Paper 1.0 title: ARE THERE DIFFERENTIAL RETURNS TO SCHOOLING BY GENDER? THE CASE OF INDONESIAN LABOR MARKET. author-name: BAHRMAN, J.R. author-name: DEOLALIKAR, A.B. keywords: schooling ; wages ; developing countries length: 20 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-19 template-type: ReDIF-Paper 1.0 title: FISCAL POLICY, CAPITAL ACCUMULATION, AND DEBT IN AN OPEN ECONOMY. author-name: TURNOVSKY, S.J. author-name: SEN, P. keywords: public expenditures ; social welfare ; fiscal policy length: 25 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-18 template-type: ReDIF-Paper 1.0 title: TAXES AND PRODUCT QUALITY: FURTHER INSIGHTS ON OPTIMAL FROMS OF COMMODITY TAXATION. author-name: SCAFURI, A.J. keywords: international trade ; taxes ; prices length: 20 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-17 template-type: ReDIF-Paper 1.0 title: THE GAINS FORM TRADE WHEN MARKETS ARE INCOMPLETE. author-name: KEMP, M.C. author-name: WONG, K-Y. keywords: commodities ; financial market ; economic equilibrium length: 20 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-08 template-type: ReDIF-Paper 1.0 title: DISTINGUISHED FLOOW: HOUTHAKKER'S CONTRIBUTIONS TO ECONOMICS. author-name: POLLAK, R.A. keywords: economic theory length: 26 pages creation-date: 1990 Handle: RePEc:udb:wpaper:90-06 template-type: ReDIF-Paper 1.0 title: Moral Hazard , Private Provision of Insurance and Government Intervention. author-name: Bruce, N. author-name: Wong, K.Y. keywords: consumption ; insurance ; commodities length: 23 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-02 template-type: ReDIF-Paper 1.0 title: Stochastic Equilibrium and Exchange Rate Determination a Small Open Economy with Risk Averse Optimizing Agents. author-name: Grinols, E. author-name: Turnovsky, S.J. keywords: economic equilibrium ; risk ; government spending policy ; exchange rate ; inflation length: 34 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-21 template-type: ReDIF-Paper 1.0 title: Fiscal Policy and the term Structure of Interest Rates: An Intertemporal Optimizing Analysis. author-name: Fisher, W.H. author-name: Turnovsky, S.J. keywords: economic equilibrium ; government spending policy length: 24 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-20 template-type: ReDIF-Paper 1.0 title: The Impact of terms of Trade Shocks on a Small Open Economy: A Stochastic Analysis. author-name: Turnovsky, S.J. keywords: terms of trade ; investments ; savings length: 25 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-19 template-type: ReDIF-Paper 1.0 title: The Demand Curves for Giffen Goods are Downward Sloping. author-name: Barzel, Y. author-name: Suen, W. keywords: consumption ; prices ; income ; credit length: 15 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-18 template-type: ReDIF-Paper 1.0 title: The Nature of Social Cost as a Key to the Problem of the Firm. author-name: Barzel, Y. author-name: Kochin, L. keywords: economic theory ; enterprises length: 17 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-17 template-type: ReDIF-Paper 1.0 title: Gathering Information Before Signing a Contract. author-name: Cremer, J. author-name: Khalil, F. keywords: information ; contracts length: 21 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-16 template-type: ReDIF-Paper 1.0 title: A Prisoner's Dilemma Model of Collusion Deterrence. author-name: Kofman, F. author-name: Lawarree, J. keywords: information ; contracts length: 27 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-15 template-type: ReDIF-Paper 1.0 title: Structural Change and Integration of the Soviet Far East into the World Market: the Case of Negative Value Added. author-name: Thornton, J. author-name: Mikheeva, N. keywords: economic integration length: 12 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-14 template-type: ReDIF-Paper 1.0 title: Confiscation by the Ruler: The Rise and fall of Jewish Lending in the Middel Ages. author-name: Barzel, Y. keywords: historical analysis ; loans length: 18 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-13 template-type: ReDIF-Paper 1.0 title: A Note on the Taxation of International Capital Income Flows. author-name: Bruce, N. keywords: tax policy ; income length: 10 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-10a template-type: ReDIF-Paper 1.0 title: The gains from Trade When Markets are Incomplete : A More general Analysis. author-name: Kemp., M.C. author-name: Wong, K.Y. keywords: trade policy length: 27 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-11 template-type: ReDIF-Paper 1.0 title: The Inefficiency of Decentralized Non-renewable Resource Extraction: The Case of Soviet Timber. author-name: Brown, G. Jr. author-name: Wong, K.Y. keywords: natural resources ; production ; timber length: 20 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-10 template-type: ReDIF-Paper 1.0 title: What is the Best Estimator of the ML Covariance in Linear Regression Models? author-name: Parks, R.W. author-name: Savin, N.E. keywords: information ; econometrics ; economic models length: 35 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-09 template-type: ReDIF-Paper 1.0 title: Separate Spheres Bargaining and the Marriage Market. author-name: Lundberg, S. author-name: Pollak, R.A. keywords: marriage ; economic models length: 28 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-08 template-type: ReDIF-Paper 1.0 title: Intellectual Property Rights, Technology Transfer and Unemployment in North-South Trade. author-name: Miyagiwa, K. keywords: property rights ; technology length: 25 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-07 template-type: ReDIF-Paper 1.0 title: Marriage Markets, Labor Markets and Unobserved Human Capital : An Empirical Exploration for South-Central India. author-name: Behrman, J. author-name: Birdsall, N. author-name: Deolalikar, A. keywords: labour market ; marriage length: 13 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-06 template-type: ReDIF-Paper 1.0 title: Human Resources Development, Chapter 6; The Third Process report on World Conference on Agrarian Reform and Rural Development (WCARRD) Follow-up. author-name: Deolalikar, A. keywords: human resources length: 48 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-05 template-type: ReDIF-Paper 1.0 title: Reforming the Japanese Distribution System: Will it Boost Imports to Japan? author-name: Miyagiwa, K. keywords: trade policy ; retail prices ; demand length: 48 pages creation-date: 1991 Handle: RePEc:udb:wpaper:91-04 template-type: ReDIF-Paper 1.0 title: Risk, the Financial Market and Macroeconomic Equilibrium. author-name: Grinols, E.L. author-name: Turnovsky, S.J. keywords: stock market ; economic models ; inflation length: 39 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-01 template-type: ReDIF-Paper 1.0 title: Addition and Interdependence : Positive and Normative Predictions. author-name: Startz, R. keywords: consumption ; economic models length: 20 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-02 template-type: ReDIF-Paper 1.0 title: On the Persistence of Racial Inequality. author-name: Lundberg, S. author-name: Startz, R. keywords: economic growth ; economic theory ; economic models length: 35 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-04 template-type: ReDIF-Paper 1.0 title: Moral Hazard and Government Policy. author-name: Wong, K.Y. author-name: Bruce, N. keywords: consumption ; household ; risk ; prices length: 26 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-05 template-type: ReDIF-Paper 1.0 title: Gains from Trade with Overlapping Generations. author-name: Kemp, M.C. author-name: Wong, K.Y. keywords: trade policy ; social welfare ; economic models length: 26 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-06 template-type: ReDIF-Paper 1.0 title: Hierachical Renewable Resource Management When harvesters Don't Cooperate. author-name: Brown, G.M.J. keywords: natural resources ; tax policy length: 25 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-07 template-type: ReDIF-Paper 1.0 title: Why Are There Foreign Tax Credits. author-name: Bruce, N. keywords: tax policy ; economic models length: 21 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-08 template-type: ReDIF-Paper 1.0 title: Cost Observation, Auditing and Limited Liability. author-name: Lawarree, J. author-name: Van Audenrode, M.A. keywords: information length: 7 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-09 template-type: ReDIF-Paper 1.0 title: Distribution of rents and Growth. author-name: Engel, C. author-name: Kletzer, K.M. keywords: fiscal policy ; economic growth length: 28 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-10 template-type: ReDIF-Paper 1.0 title: Asymmetric Information and Dumping. author-name: Miyagiwa, K. author-name: Ohno, Y. keywords: dumping ; information length: 23 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-11 template-type: ReDIF-Paper 1.0 title: International Transfers, the Relative Price of Nontraded Goods and the Current Account. author-name: Brock, P.L. keywords: financial policy ; historical analysis length: 16 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-12 template-type: ReDIF-Paper 1.0 title: The Marginal Cost of Species Preservation : The Northern Spotted Owl. author-name: Montgomery, C.A. author-name: Brown, G.M. author-name: Adams, D.M. keywords: prices length: 27 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-13 template-type: ReDIF-Paper 1.0 title: Voluntary Export Restraints as Signals. author-name: Miyagiwa, K. author-name: Ohno, Y. keywords: information ; trade length: 17 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-14 template-type: ReDIF-Paper 1.0 title: Auditing Without Commitment. author-name: Khalil, F. keywords: contracts length: 21 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-15 template-type: ReDIF-Paper 1.0 title: Taxes, Housing, and Capital Accumulation in a Two-Sector Growing Economy. author-name: Turnvsky, T.J. author-name: Okuyama, T. keywords: taxes ; housing length: 28 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-16 template-type: ReDIF-Paper 1.0 title: Macroeconomic Policies, Growth and Welfare in a Stochastic Economy. author-name: Turnvsky, T.J. keywords: economic policy ; economic growth ; social welfare length: 35 pages creation-date: 1992 Handle: RePEc:udb:wpaper:92-17 template-type: ReDIF-Paper 1.0 title: Input Versus Output Monitoring: Who Is the Residual Claimant? author-name: Khalil, F. author-name: Lawarree, J. keywords: decision making ; economic models length: 30 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-01 template-type: ReDIF-Paper 1.0 title: On the Optimality of Allowing Collusion. author-name: Kofman, F. author-name: Lawarree, J. keywords: adverse selection length: 26 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-02 template-type: ReDIF-Paper 1.0 title: Optimal Technology Choice and Immiserizing Export Subsidy. author-name: Hwang, H. author-name: Miyagiwa, K. author-name: Wong, K.Y. keywords: trade policy ; social welfare length: 17 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-03 template-type: ReDIF-Paper 1.0 title: gender Differences in the Returns to School Enrollment rates in Indonesia. author-name: Deolalikar, A.B. keywords: education length: 29 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-04 template-type: ReDIF-Paper 1.0 title: What Determines Female Participation in Rural Public Works? The Case of India's Employment Guarantee Scheme. author-name: Deolalikar, A.B. author-name: Gaiha, R. keywords: employment ; women length: 33 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-05 template-type: ReDIF-Paper 1.0 title: A Metapopulation Model with Private Property and a Common Pool. author-name: Brown, G.M. author-name: Roughgarden, J. keywords: population ; economic models length: 14 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-06 template-type: ReDIF-Paper 1.0 title: Optimal Contract, Imperfect Output Observation and Limited Liability. author-name: Lawarree, J.P. author-name: Van Audenrode, M. keywords: contracts ; economic models length: 21 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-07 template-type: ReDIF-Paper 1.0 title: Fractional Integration and Cointegration. author-name: Dueker, M. author-name: Startz, R. keywords: evaluation ; economic models length: 30 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-08 template-type: ReDIF-Paper 1.0 title: Closing the Technology Gap Under Protection. author-name: Miyagiwa, K. author-name: Ohno, Y. keywords: technology ; protectionism length: 25 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-09 template-type: ReDIF-Paper 1.0 title: Probabilistic Death and Annuities Market and Ricardian Neutality author-name: Bruce, N. keywords: government debt length: 13 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-10 template-type: ReDIF-Paper 1.0 title: Cultural and Economic Approaches to Fertility : A Proper Marriage or a Mesalliance? author-name: Pollak, R.A. author-name: Watkins, S.C. keywords: fertility ; economic models length: 57 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-11 template-type: ReDIF-Paper 1.0 title: Order and Inference in Quanlitative Response Models. author-name: Pollak, R.A. author-name: Vela, F. author-name: Crawford, D.L. keywords: economic models ; econometrics length: 33 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-12 template-type: ReDIF-Paper 1.0 title: The Demand for Health Service in Indonesia: The Role of Prices, Service Quality, and Reporting Illnesses. author-name: Deolalikar, A.B. keywords: health ; health policy ; demand length: 29 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-13 template-type: ReDIF-Paper 1.0 title: Does the Impact of Government Health Spending on the Utilisation of Health Services by Children and On Child Health Outcomes Differ by Household Expenditures? The Case of Indonesia. author-name: Deolalikar, A.B. keywords: health ; health policy ; children length: 37 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-14 template-type: ReDIF-Paper 1.0 title: A Bayesian Analysis of the Unit Root Hypothesis Within an Unobserved Components Model. author-name: Zivot, E. keywords: econometrics length: 23 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-15 template-type: ReDIF-Paper 1.0 title: Dominance, Substitution Arbitrage, and Market Efficiency. author-name: Kochin, L.A. author-name: Parks, R.W. keywords: investments ; costs length: 39 pages creation-date: 1993 Handle: RePEc:udb:wpaper:93-16 template-type: ReDIF-Paper 1.0 title: On the Persistence of Racial Inequality. author-name: Lundberg, S.J.Startz, R. keywords: income ; social inequality length: 31 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-07 template-type: ReDIF-Paper 1.0 title: Household Earnings Endowments, Child Quality and Child Quality: Estimates for Indonesia. author-name: Behrman, J.R. author-name: Deolalikar, A.B. keywords: children ; income length: 24 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-08 template-type: ReDIF-Paper 1.0 title: Valuing Habitat and Endangered Species. author-name: Brown, G. author-name: Layton, D. author-name: Lazo, J. keywords: economic valuation length: 22 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-1 template-type: ReDIF-Paper 1.0 title: Dynamic Decision Rules for Child Growth in Rural India and the Philippines: Catching Up or Staying Behind. author-name: Behrman, J.R. author-name: deo author-name: a author-name: okar, A.B. keywords: income ; investments ; decision making length: 19 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-10 template-type: ReDIF-Paper 1.0 title: Single Equation Conditional Error Correction Model Based Tests for Cointegration. author-name: Zivot, E. keywords: econometrics length: 36 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-12 template-type: ReDIF-Paper 1.0 title: Growth and Savings in Stochastic World Economy. author-name: Turnovsky, S.J. keywords: economic growth ; savings length: 38 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-14 template-type: ReDIF-Paper 1.0 title: International Transfers, The Relative Price of Nontraded Goods and the Current Account. author-name: Brock, P.L. keywords: pricing length: 15 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-15 template-type: ReDIF-Paper 1.0 title: Economic Policy Reform, Government Debt Guarentees, and Financial Bailouts. author-name: Brock, P.L. keywords: economic reform ; debt length: 22 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-16 template-type: ReDIF-Paper 1.0 title: The Capture of Wealth by monopolists and the Protection of Property Rights. author-name: Barzel, Y. keywords: property rights ; monopolies ; pricing length: 27 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-3 template-type: ReDIF-Paper 1.0 title: Adolescent Premarital Childbearing: Do Economic Incentives Matters? author-name: Lundberg, S. author-name: Plotnick, R.D. keywords: women ; children ; income length: 35 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-4 template-type: ReDIF-Paper 1.0 title: Adolescent Fertility and the Education Attainment of Young Women. author-name: Klepinger, D. author-name: Lundberg, S. author-name: Plotnick, R. keywords: women ; fertility ; education length: 17 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-5 template-type: ReDIF-Paper 1.0 title: Do Husbands and Wives Pool Their Resources? Evidence from U.K. Child Benefit. author-name: Lundberg, S.J. author-name: Pollak, R.A. author-name: Wales, T.J. keywords: family ; children ; income length: 22 pages creation-date: 1994 Handle: RePEc:udb:wpaper:94-6 template-type: ReDIF-Paper 1.0 title: Transaction Costs and the Collection of Information: Presale Measurement on Private Timber Sales. author-name: Leffler, K.B. author-name: Rucker, R.R. author-name: Munn, I. keywords: information ; timber length: 23 pages creation-date: 1995 Handle: RePEc:udb:wpaper:95-02 template-type: ReDIF-Paper 1.0 title: Consumption Smoothing and Excess Female Mortality in Rural India. author-name: Rose, E. keywords: consumption ; mortality ; developing countries length: 20 pages creation-date: 1995 Handle: RePEc:udb:wpaper:95-03 template-type: ReDIF-Paper 1.0 title: An Extended Dixit-Stiglitz Model with the Tradeoff Between Economies of Scale and Transaction Costs. author-name: Wong, K. author-name: Yang, X. keywords: economic models ; returns to scale length: 27 pages creation-date: 1995 Handle: RePEc:udb:wpaper:95-04 template-type: ReDIF-Paper 1.0 title: Why is the Foreward Exchange Rate Forecast Based? A Survey of Recent Evidence. author-name: Engel, C. keywords: exchange rate ; central banks length: 113 pages creation-date: 1995 Handle: RePEc:udb:wpaper:95-08 template-type: ReDIF-Paper 1.0 title: Regional Patterns in the Law of One Price: The Roles of Geography vs. Currencies. author-name: Engel, C. author-name: Rogers, J.H. keywords: PRICING;ECONOMIC MODELS;EXCHANGE RATE length: 36 pages abstract: We find evidence that the law of one price (LOOP) holds more nearly for country pairs that are within geographic regions that for country pairs that are not. classification-jel: D40 creation-date: 1996 Handle: RePEc:udb:wpaper:96-01 template-type: ReDIF-Paper 1.0 title: Accounting for U.S. Real Exchange Rate Changes. author-name: Engel, C. keywords: EXCHANGE RATE;FINANCIAL POLICY length: 34 pages abstract: This study measures the proportion of U.S. exchange rate movements that can be accounted for by movements in relative prices of non-traded goods. classification-jel: F30 F31 creation-date: 1996 Handle: RePEc:udb:wpaper:96-02 template-type: ReDIF-Paper 1.0 title: High Real Interest rates, Guarantor Risk, and Bank Recapitalizations. author-name: Brock, P.L. keywords: FINANCIAL POLICY;INTEREST RATE;BANKS length: 57 pages abstract: This paper sorts out competing explanations of high real interest rates and banking crises in open economies. classification-jel: G20 G21 creation-date: 1996 Handle: RePEc:udb:wpaper:96-03 template-type: ReDIF-Paper 1.0 title: Inequality and Race: Models and Policy. author-name: Lundberg, S.J. author-name: Startz, R. keywords: LABOUR MARKET;ECONOMIC MODELS;DISCRIMINATION length: 32 pages abstract: Race and ethnicity play a central role in understainding the structure of inequality in the United States. In this paper, we focus on the economic chasm between black and white America and what economic theory can contribute to our understanding of both inequality and the design of effective policy. classification-jel: J20 J21 J70 J71 creation-date: 1996 Handle: RePEc:udb:wpaper:96-04 template-type: ReDIF-Paper 1.0 title: Long-Run PPP May Not Hold After All. author-name: Engel, C. keywords: UNIT ROOTS;EXCHANGE RATE;TESTS;ECONOMIC MODELS length: 32 pages abstract: Recent tests using long data series find evidence in favor of long-run PPP (by rejecting either the null hypothesis of unit roots in real exchange rates and relative prices.) classification-jel: C20 C22 creation-date: 1996 Handle: RePEc:udb:wpaper:96-05 template-type: ReDIF-Paper 1.0 title: Inference of a Structural Parameter in Intrumental Variables Regression with weak Instruments. author-name: Wang, J. author-name: Zivot, E. keywords: INSTRUMENTAL VARIABLES;REGRESSION ANALYSIS length: 27 pages abstract: In this paper we consider the problem of making inference on a structural parameter in instrumental variables regression when the instruments are only weakly correlated with the endogenous explanatory variables. classification-jel: C22 C23 creation-date: 1996 Handle: RePEc:udb:wpaper:96-06 template-type: ReDIF-Paper 1.0 title: Endogenous Growth and International Trade: A Survey. author-name: Long, N.V. author-name: Wong, K.Y. keywords: ECONOMIC GROWTH;ECONOMIC MODELS;ECONOMIC THEORY length: 62 pages abstract: Economists have long been interested in searching for the causes and effects of the growth of income and wealth of countries. The relevant literature gradually was divided nto two banches: economic growth and development economics, with the former emphasizing the use of rigorous mathematical models describing the quantitative relationship between economic variables, and the latter paying more attention to economic structures and institutions. classification-jel: O40 O47 creation-date: 1996 Handle: RePEc:udb:wpaper:96-07 template-type: ReDIF-Paper 1.0 title: Endogenous Growth and International Labor Migration: The Case of a Small, Emigration Economy. author-name: Wong, K.Y. keywords: ECONOMIC GROWTH;HUMAN RESOURCES;MIGRATION length: 47 pages abstract: The present paper raises and analyzes two new issues that so far have received vey little attention in the literature. The first one is the relation between economic growth and internation laboe market. The second is how workers choose the limiting and lenght of emigration. classification-jel: O40 J61 F22 creation-date: 1996 Handle: RePEc:udb:wpaper:96-08 template-type: ReDIF-Paper 1.0 title: When Is Buying Votes Wrong. author-name: Kochin, M.S. author-name: Kochin, L.A. keywords: VOTING length: 16 pages abstract: rkers choose the limiting and lenght of emigration. In modern liberal democracies, offring individual voters in political elections money for their votes is wrong and illegal; offering groups of voters particular benefits in exchange for their votes is constitutionally protected. Voters do not sell their votes; instead, voters assign their votes to legislative representatives who sell or trade on their behalf. classification-jel: D71 D72 creation-date: 1996 Handle: RePEc:udb:wpaper:96-09 template-type: ReDIF-Paper 1.0 title: Structural Change in the Russian Far East: Yhe Implications for Trade and Factor Markets. author-name: Thornton, J. keywords: ECONOMIC REFORM;ECONOMIC POLICY length: 19 pages abstract: This study compares actual dicrections of structural adjustment in the Russian Far East since the collapse of the former Soviet Union with estimated directions of adjustment that would be predicted to follow an opening of the region to the world market. classification-jel: F10 F15 creation-date: 1996 Handle: RePEc:udb:wpaper:96-10 template-type: ReDIF-Paper 1.0 title: Testing for Men reversion in Heteroskedastic data Based on Gibbs-Simpling-Augmented Randomization. author-name: Kim, C.J. author-name: Nelson, C.R. author-name: Startz, R. keywords: SAMPLING;ECONOMIC MODELS;STATISTICS length: 26 pages abstract: Privious work reported that heteroskedasticity did not affect the sampling distribution of the variance ratio, or had assumed that the investigator know a priori the pattern of heteroskedasticity. This paper uses the Gibbs sampling approach in the context of a three state Markov-switching model to show heteroskedasticity affects inference and suggest two strategies for valid inference. classification-jel: C42 C43 creation-date: 1996 Handle: RePEc:udb:wpaper:96-11 template-type: ReDIF-Paper 1.0 title: High Real Interest rates and Banking Crisis in an Open Economy: A Case Study of Chile, 1975-1983. author-name: Brock, P.L. keywords: INTEREST RATE;DEVELOPING COUNTRIES length: 39 pages abstract: This paper sets out a methodology for analyzing high real interest rates in developing and traditional economies. classification-jel: E40 E43 creation-date: 1996 Handle: RePEc:udb:wpaper:96-12 template-type: ReDIF-Paper 1.0 title: A Model of Foreign Exchange Rate Indetermination. author-name: Engel, C. keywords: EXCHANGE RATE length: 20 pages abstract: Economic agents undertake actions to protect themselves from sort-run impact of foreign exchange rate fluctuations: Nominal goods prices are set in consumer' currencies and firms hedge foreign exchange risk. A model is presented here which shows that these features of the economy can lead to inderminacy in the nominal exchange rate in the short run. classification-jel: F30 F31 creation-date: 1996 Handle: RePEc:udb:wpaper:96-13 template-type: ReDIF-Paper 1.0 title: The Long-Run U.S./U.K. real Exchange Rate. author-name: Engel, C. author-name: Kim, C.J. keywords: EXCHANGE RATE;FINANCIAL MARKET length: 22 pages abstract: We investigate the behavior of long-run U.S./U.K. real exchange rate from 1885 to 1995. classification-jel: F30 F31 creation-date: 1996 Handle: RePEc:udb:wpaper:96-14 template-type: ReDIF-Paper 1.0 title: Valid Confidence Intervals and Inference in the Presence of Weak Instruments. author-name: Nelson, C.R. author-name: Startz, R. author-name: Zivot, E. keywords: INSTRUMENTAL VARIABLES;ECONOMIC MODELS length: 48 pages abstract: We investigate confidence intervals and inference for the instrumental variables model with weak instruments. classification-jel: C22 C23 creation-date: 1996 Handle: RePEc:udb:wpaper:96-15 template-type: ReDIF-Paper 1.0 title: Contracts and Productive Information Gathering. author-name: Khalil, F author-name: Rochet, J-C keywords: ECONOMETRICS ; INFORMATION ; CONTRACTS ; DECISION MAKING length: 23 pages abstract: We modify a standard Baron-Myerson model by assuming that, instead of knowing the cost of nature, the agent has to incur a cost "c" to learn it. Under these conditions, the principal will offer contracts that, dependind on the value of "c", try to induce the agent to gather or not information. We study the tradeoffs that are involved. classification-jel: C7 D82 J41 creation-date: 1997 Handle: RePEc:udb:wpaper:97-16 template-type: ReDIF-Paper 1.0 title: Consequences of Debt Policy in a Stochastically Growing Monetary Economy. author-name: Grinols, E-L author-name: Turnovsky, S-J keywords: INTEREST RATE ; MACROECONOMICS length: 24 pages abstract: The effects of open market operations and long versus short bond financing on risk in financial markets in a stochastically growing economy are studied. An increase in short bonds, resulting from exchanging long bonds, increases the riskiness of long bonds and raises their real rate of return. An open market purchase of either long or short bonds raises the price of long bonds and lowers their risk and real return. classification-jel: E44 creation-date: 1997 Handle: RePEc:udb:wpaper:97-09 template-type: ReDIF-Paper 1.0 title: The Human Capital Dimension to Foreign Direct Investment : Training, Adverse Selection and Firm Location. author-name: Eicher, T-S author-name: Kalaitzidakis, P keywords: FOREIGN INVESTMENT ; HUMAN CAPITAL ; FORMATION ; CAPITAL MOVEMENTS ; TECHNOLOGY length: 31 pages abstract: While the theoretical literature on Foreign Direct Investment (FDI) focuses largely on movements in capital and firm specific technology, recent empirical evidence emphasizes primarily the local human capital necessary to absorb FDI technology. We examine how human capital affects FDI and add a new dimension to the trade and FDI literature : informational asymmetries. classification-jel: F21 J24 D82 O32 creation-date: 1997 Handle: RePEc:udb:wpaper:97-03 template-type: ReDIF-Paper 1.0 title: The Loan Size as a Commitment Device. author-name: Khalil, F author-name: Parigi, B-M keywords: INFORMATION ; CREDIT ; FINANCIAL INSTITUTIONS length: 21 pages abstract: We model risky lending with costly state verification but without commitment to an audit strategy. The borrower under-reports with a positive probability in the successful state, and the lender audits with a positive probability after a report of failure. classification-jel: G20 D82 creation-date: 1997 Handle: RePEc:udb:wpaper:97-08 template-type: ReDIF-Paper 1.0 title: Risk, Optimal Government Finance, and Monetary Policies in a Growing Economy. author-name: Grinols, E-L author-name: Turnovsky, S-J keywords: RISK ; ECONOMIC GROWTH ; MONETARY POLICY ; TAXATION ; ECONOMIC MODELS length: 31 pages abstract: Optimal tax and monetary policies in a stochastic monetary growth model are investigated. Our findings are of three general types. First, both capital income taxes and monetary growth are shown to influence the economy through effective risk adjusted measures, expressed as a linear function of their respective means and variances. Second, two stochastic netrality results relating to money and bonds, the two nominal assets in the economy, are identified. Third optimal policy rules relating to taxes, bond finance, and money creation are characterized. An essential component of optimal financial policy is a risk-adjusted balanced budget. classification-jel: H21 E52 O41 creation-date: 1997 Handle: RePEc:udb:wpaper:97-10 template-type: ReDIF-Paper 1.0 title: The Uncertain Trend in U.S. GDP. author-name: Nelson, C-R author-name: Murray, C-J keywords: BUSINESS CYCLES ; UNITED STATES length: 19 pages abstract: Several recent papers conclude that US real GDP is trend stationary, implying that all shocks are transitory and the long run path is deterministic. classification-jel: E32 creation-date: 1997 Handle: RePEc:udb:wpaper:97-05 template-type: ReDIF-Paper 1.0 title: Friedman's Plucking Model of Business Fluctuations : Tests and Estimates of Permanent and Transitory Components. author-name: Kim, C-J author-name: Nelson, C-R keywords: ECONOMIC MODELS ; ECONOMETRICS ; BUSINESS CYCLES ; ECONOMIC GROWTH length: 19 pages abstract: More than thirty years ago Milton Friedman proposed a 'plucking' model of business fluctuations in which output cannot exceed a ceiling level, but will, from time to time, be plucked downward by recession. The model implied that business fluctuations are asymmetric, that recessions have only a temporary effect on output, and that recessions are duration dependent while expansions are not. Subsequent literature has provided copious empirical support for these propositions, but econometric models of business fluctuations have not incorporated these features. This paper presents a formal econometric model which encompasses both plucking and asymmetric fluctuations around a stochatic trend while allowing for heteroskedasticity and shocks to the growth rate. classification-jel: E32 O41 C51 creation-date: 1997 Handle: RePEc:udb:wpaper:97-06 template-type: ReDIF-Paper 1.0 title: The Demand for Health Services in a Developing Country : The Role of Prices, Service Quality, and Reporting of Illnesses. author-name: Deolalikar, A-B keywords: DEVELOPING COUNTRIES ; HEALTH ; PUBLIC EXPENDITURES ; HEALTH EXPENDITURES length: 29 pages abstract: As a result of the debt crises of the 1980s and the ensuing structural adjustment and stabilization programs, many less-developed countries (LDCs) have had to cut back social spending, including spending on government health programs. As a result, these countries have been forced to explore alternative means fo financing health services, including greater recovery of costs in the government health sector via user fees. classification-jel: I1 H51 creation-date: 1997 Handle: RePEc:udb:wpaper:97-11 template-type: ReDIF-Paper 1.0 title: Valid Confidence Intervals and Inference in the Presence of Weak Instruments. author-name: Zivot, E author-name: Startz, R author-name: Nelson, C-R keywords: STATISTICS length: 22 pages abstract: We investigate confidence intervals and inference for the instrumental variables model with weak instruments. Wald-based confidence intervals for a structural parameter perform poorly in that the probability they reject the null is far greater than their nominal size. We show that the preactice of "pre-testing" by looking at the significance of the fist-stage regression and then making inference based on the Wald statistic leads to extremely poor results when the instruments are very weak. classification-jel: C1 creation-date: 1997 Handle: RePEc:udb:wpaper:97-17 template-type: ReDIF-Paper 1.0 title: Estimation of Market Power in a Nonrenewable Resource Industry. author-name: Ellis, G-M author-name: Halvorsen, R keywords: PRICING length: 24 pages abstract: In this paper we derive a method for simultaneously estimating three possible determinants of output price : the marginal market cost of production, the user cost of the resource, and the exercise of market power. classification-jel: G12 creation-date: 1997 Handle: RePEc:udb:wpaper:97-14 template-type: ReDIF-Paper 1.0 title: Toward a General Model of Economic Growth. author-name: Eicher, R-S author-name: Turnovsky, S-J keywords: ECONOMIC GROWTH ; ECONOMIC MODELS length: 29 pages abstract: The class of growth models that incorporate nonrivalry and/or externalities implies that the size (scale) of an economy influences its growth rate. Ample empirical evidence exists to suggest that such implied scale effects are counter-factual. The objective of this paper is to develop a general growth model to examine the conditions under which balanced growth is void of scale effects. classification-jel: O41 creation-date: 1997 Handle: RePEc:udb:wpaper:97-01 template-type: ReDIF-Paper 1.0 title: Increasing School Quantity versus Quality in a Less-Developed Country : Impact on Children form Low- and High-Income Households. author-name: Deolalikar, A keywords: EDUCATION ; KENYA length: 21 pages abstract: A common dilemma facing educational planners engaged in educational reform in developing countries is the allocation of sharply-reduced resources to the expansion of school facilities versus improvement of existing school facilities. The empirical results presented in this paper for Kenya suggest that the two interventions have diametrically opposite effects on poor and nonpoor children. classification-jel: I21 creation-date: 1997 Handle: RePEc:udb:wpaper:97-12 template-type: ReDIF-Paper 1.0 title: Parliament as a Wealth Maximizing Institution : The Right to the Residual and the Right to Vote. author-name: Barzel, Y keywords: POLITICS ; PARLIAMENT length: 32 pages abstract: What could explain the emergence of parliament and its ascendancy? I argue that dictatorial kings encountered difficulties in securing the cooperation of their subjects because they could not commit not to confiscate subjects' gains. Where the gain from cooperation increased and kings were more secure, they deliberately gave up some of their power to be able to commit themselves to keep their promises. classification-jel: D71 creation-date: 1997 Handle: RePEc:udb:wpaper:97-13 template-type: ReDIF-Paper 1.0 title: Non-Scale Growth in an Open Economy. author-name: Eicher, T-S author-name: Turnovsky, S-J keywords: ECONOMIC GROWTH length: 26 pages abstract: An important implication of "new growth" models is taht they exhibit "scale effects", meaning that variations in the levels of key variables such as the investment rate, research effort, and policy variables (tax rates) exert permanent influences on national growth rates. classification-jel: O4 F41 creation-date: 1997 Handle: RePEc:udb:wpaper:97-04 template-type: ReDIF-Paper 1.0 title: Testing for Mean Reversion in Heteroskedastic Data II : Autoregression Tests Based on Gibbs-Sampling-Augmented Randomization. author-name: Kim, C-J author-name: Nelson, C-R keywords: STATISTICS length: 11 pages abstract: A decade ago Fama and French (1998) estimated that 40% variations in stock returns was predictable over horizons of 3-5 years, which they attributed to a mean reverting stationary component in prices. While it has been clear that the Depression and war years exert a strong influence on these estimates, it has not been clear whether the large returns of that period contribute to the information in the data or rather are a source of noise to be discounted in estimation. This paper uses the Gibbs-sampling-augmented randomization methodology to address the problem of heteroskedasticity in estimation of multi-period return autoregressions. classification-jel: C1 creation-date: 1997 Handle: RePEc:udb:wpaper:97-07 template-type: ReDIF-Paper 1.0 title: Saving Rhinos. author-name: Brown, G author-name: Layton, D keywords: ECONOMETRICS ; ENVIRONMENTAL MANAGEMENT length: 39 pages abstract: We develop a model which is intended to accurately portray the behavior of the key players in this drama centering on the survival of the black rhinos and we estimate the optimal prices and quantities of rhino horn delivered to the market which will result in the preservation of the black rhino species. classification-jel: C7 Q29 creation-date: 1997 Handle: RePEc:udb:wpaper:97-18 template-type: ReDIF-Paper 1.0 title: Risk and Financial Development. A Comparative Case Study of Mexico and Indonesia. author-name: Eicher, T-S author-name: Turnovsky, S-J keywords: CAPITAL MOVEMENTS ; TRADE ; RISK ; MEXICO ; INDONESIA ; ECONOMIC GROWTH ; GENERAL EQUILIBRIUM ; ECONOMIC MODELS ; ECONOMIC DEVELOPMENT ; EXCHANGE RATE length: 33 pages abstract: In this paper we use the insights of the stochastic general equilibrium growth model to help understand the effects of risk on the real, risk adjusted return to capital, capital flows, exchange rate policy, and economic growth in two Pacific Basin economies, Mexico and Indonesia, over the period 1973-95. classification-jel: O41 D58 F31 F21 creation-date: 1997 Handle: RePEc:udb:wpaper:97-02 template-type: ReDIF-Paper 1.0 title: Strategic Information Gathering Before a Contract is Offered. author-name: Khalil, F author-name: Rochet, J-C keywords: ECONOMETRICS ; INFORMATION ; CONTRACTS ; DECISION MAKING length: 41 pages abstract: In a Baron-Myerson setup, we study a situation where an agent is initially uninformed, but can, at a cost, acquire information about the state of nature before the principal offers him a contract. classification-jel: C7 D82 J41 creation-date: 1997 Handle: RePEc:udb:wpaper:97-15