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Optimal Trade and Industrial Policy Under Oligopoly
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Cited by:
- Fletcher, Stanley M. & Nadolnyak, Denis A., 2005. "Accommodating Imperfect Competition in A Model of World Peanut Trade," 2005 Annual meeting, July 24-27, Providence, RI 19460, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Stoelinga, G. J. & Viaene, J. -M. & Visscher, L. T., 1995. "Subsidized buyer credits: Atypical results in strategic trade theory," Economics Letters, Elsevier, vol. 47(2), pages 205-210, February.
- Yu-Ter Wang & Bih-Jane Liu & Pan-Long Tsai, 2004. "Trade Policy and Economic Integration in a Cournot Duopoly Model," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 43(3), pages 239-251.
- Essaji Azim, 2010. "Trade Liberalization, Standards and Protection," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-21, July.
- Veugelers, Reinhilde & Vandenbussche, Hylke, 1999.
"European anti-dumping policy and the profitability of national and international collusion,"
European Economic Review, Elsevier, vol. 43(1), pages 1-28, January.
- Vandenbussche, Hylke & Veugelers, Reinhilde, 1996. "European Anti-dumping Policy and the Profitability of National and International Collusion," CEPR Discussion Papers 1469, C.E.P.R. Discussion Papers.
- VEUGELERS, Reinhilde & VANDENBUSSCHE, Hylke, 1997. "European anti-dumping policy and the profitability of national and international collusion," SESO Working Papers 1997005, University of Antwerp, Faculty of Business and Economics.
- Jeremy I. Bulow & John Geanakoplos & Paul D. Klemperer, 1983. "Multimarket Oligopoly," Cowles Foundation Discussion Papers 674, Cowles Foundation for Research in Economics, Yale University.
- Ram Mudambi, 1999. "Multinational Investment Attraction: Principal-Agent Considerations," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 6(1), pages 65-79.
- Fischer, Carolyn & Greaker, Mads & Rosendahl, Knut Einar, 2017. "Robust technology policy against emission leakage: The case of upstream subsidies," Journal of Environmental Economics and Management, Elsevier, vol. 84(C), pages 44-61.
- Anthony Venables, 1994. "Trade Policy under Imperfect Competition: A Numerical Assessment," NBER Chapters, in: Empirical Studies of Strategic Trade Policy, pages 41-66, National Bureau of Economic Research, Inc.
- Bernstein, Fernando & Federgruen, Awi, 2004. "Comparative statics, strategic complements and substitutes in oligopolies," Journal of Mathematical Economics, Elsevier, vol. 40(6), pages 713-746, September.
- Frank Stähler & Thorsten Upmann, 2008.
"Market Entry Regulation and International Competition,"
Review of International Economics, Wiley Blackwell, vol. 16(4), pages 611-626, September.
- Bayindir-Upmann, Thorsten & Frank St”hler, 2002. "Market Entry Regulation and International Competition," Royal Economic Society Annual Conference 2002 17, Royal Economic Society.
- Thorsten Upmann & Frank Stähler, 2003. "Market Entry Regulation and International Competition," CESifo Working Paper Series 979, CESifo.
- Dani Rodrik, 1993.
"Taking Trade Policy Seriously: Export Subsidization as a Case Study in Policy Effectiveness,"
NBER Working Papers
4567, National Bureau of Economic Research, Inc.
- Rodrik, Dani, 1994. "Taking Trade Policy Seriously: Export Subsidization as a Case Study in Policy Effectiveness," CEPR Discussion Papers 900, C.E.P.R. Discussion Papers.
- Martino De Stefano & Marc Rysman, 2010. "Competition Policy as Strategic Trade with Differentiated Products," Review of International Economics, Wiley Blackwell, vol. 18(4), pages 758-771, September.
- Vittoria Idrisova, 2011. "Application of non-tariff barriers," Research Paper Series, Gaidar Institute for Economic Policy, issue 150P.
- Levinsohn, James & Slemrod, Joel, 1993.
"Taxes, tariffs, and the global corporation,"
Journal of Public Economics, Elsevier, vol. 51(1), pages 97-116, May.
- Levinsohn, J. & Slemrod, J., 1990. "Taxes, Tariffs, and Globale Corporation," Working Papers 265, Research Seminar in International Economics, University of Michigan.
- James Levinsohn & Joel Slemrod, 1990. "Taxes, Tariffs, and The Global Corporation," NBER Working Papers 3500, National Bureau of Economic Research, Inc.
- Brian R. Copeland & M. Scott Taylor, 2004.
"Trade, Growth, and the Environment,"
Journal of Economic Literature, American Economic Association, vol. 42(1), pages 7-71, March.
- Brian R. Copeland & M. Scott Taylor, 2003. "Trade, Growth and the Environment," NBER Working Papers 9823, National Bureau of Economic Research, Inc.
- Copeland,B.R. & Scott Taylor,M., 2003. "Trade, growth and the environment," Working papers 10, Wisconsin Madison - Social Systems.
- Teodora Borota & Fabrice Defever & Giammario Impullitti, 2019.
"Innovation union: Costs and benefits of innovation policy coordination,"
Discussion Papers
2019-14, University of Nottingham, GEP.
- Teodora Borota Milicevic & Fabrice Defever & Giammario Impullitti & Adam Hal Spencer, 2022. "Innovation union:Costs and benefits of innovation policy coordination," Discussion Papers 2022/03, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
- Teodora Borota & Fabrice Defever & Giammario Impullitti, 2019. "Innovation union: costs and benefits of innovation policy coordination," CEP Discussion Papers dp1640, Centre for Economic Performance, LSE.
- Milicevic, Teodora Borota & Defever, Fabrice & Impullitti, Giammario & Spencer, Adam Hal, 2019. "Innovation union: costs and benefits of innovation policy coordination," LSE Research Online Documents on Economics 103400, London School of Economics and Political Science, LSE Library.
- Kenji Fujiwara, 2010.
"When Are Voluntary Export Restraints Voluntary? A Differential Game Approach,"
Australian Economic Papers, Wiley Blackwell, vol. 49(2), pages 101-110, June.
- Kenji Fujiwara, 2010. "When Are Voluntary Export Restraints Voluntary? : A Differential Game Approach," Discussion Paper Series 52, School of Economics, Kwansei Gakuin University, revised Apr 2010.
- Bletschacher, Georg & Klodt, Henning, 1992. "Strategische Handels- und Industriepolitik: theoretische Grundlagen, Branchenanalysen und wettbewerbspolitische Implikationen," Open Access Publications from Kiel Institute for the World Economy 456, Kiel Institute for the World Economy (IfW Kiel).
- Philip C. Abbott & Panu K. S. Kallio, 1996.
"Implications of Game Theory for International Agricultural Trade,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 738-744.
- Abbott, Philip C. & Kallio, Panu K.S., 1996. "Implications of Game Theory for International Agricultural Trade," Research Discussion Papers 256815, Montana State University, Department of Agricultural Economics and Economics, Trade Research Center.
- Clarke, Roger & Collie, David R., 2006. "Maximum-Revenue versus Optimum-Welfare Export Taxes," Cardiff Economics Working Papers E2006/22, Cardiff University, Cardiff Business School, Economics Section.
- Riveiro, Dolores, 2008. "Environmental policy and commercial policy: The strategic use of environmental regulation," Economic Modelling, Elsevier, vol. 25(6), pages 1183-1195, November.
- Emanuele Gerratana & Levent Kockesen, 2012. "Renegotiation-Proof Third-Party Contracts under Asymmetric Information," Koç University-TUSIAD Economic Research Forum Working Papers 1208, Koc University-TUSIAD Economic Research Forum.
- Yasushi Kawabata, 2010. "Strategic Export Policy In Vertically Related Markets," Bulletin of Economic Research, Wiley Blackwell, vol. 62(2), pages 109-131, April.
- Csordas, Stefan, 2009. "The global welfare effects of international environmental cooperation," MPRA Paper 20787, University Library of Munich, Germany.
- Jagdish Bhagwati, 1989. "Is free trade passé after all?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 125(1), pages 17-44, March.
- Bhattacharjea, Aditya, 1995. "Strategic tariffs and endogenous market structures: Trade and industrial policies under imperfect competition," Journal of Development Economics, Elsevier, vol. 47(2), pages 287-312, August.
- Hattori, Keisuke, 2016. "Profit-maximizing Wages under Duopoly," MPRA Paper 70288, University Library of Munich, Germany.
- Desai, Mihir A. & Hines Jr., James R., 2008.
"Market reactions to export subsidies,"
Journal of International Economics, Elsevier, vol. 74(2), pages 459-474, March.
- Mihir A. Desai & James R. Hines Jr., 2004. "Market Reactions to Export Subsidies," NBER Working Papers 10233, National Bureau of Economic Research, Inc.
- Qi Duan & Jie Ma, 2017. "A Note on Optimal Industrial Policy Towards Bertrand Homogeneous Duopoly," Australian Economic Papers, Wiley Blackwell, vol. 56(4), pages 292-303, December.
- Jones, Ronald W., 2000.
"Private interests and government policy in a global world,"
European Journal of Political Economy, Elsevier, vol. 16(2), pages 243-256, June.
- Ronald W. Jones, 2000. "Private Interests and Government Policy in a Global World," Tinbergen Institute Discussion Papers 00-051/2, Tinbergen Institute.
- Barbara J. Spencer & Ronald W. Jones, 1991.
"Vertical Foreclosure and International Trade Policy,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(1), pages 153-170.
- Jones, R.W. & Spencer, B.J., 1989. "Vertical Foreclosure And International Trade Policy," RCER Working Papers 194, University of Rochester - Center for Economic Research (RCER).
- Barbara J. Spencer & Ronald W. Jones, 1989. "Vertical Foreclosure and International Trade Policy," NBER Working Papers 2920, National Bureau of Economic Research, Inc.
- Julien Ancel & Théo Mandonnet & Michel de Lara, 2022. "French Optimal and Robust Trade Policies Under Carbon Footprint Reduction Constraint and Uncertainties," Working Papers hal-03721999, HAL.
- Federico Etro, 2014. "The Theory Of Endogenous Market Structures," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 804-830, December.
- Engelmann, Dirk & Normann, Hans-Theo, 2007.
"An experimental test of strategic trade policy,"
Journal of Economic Behavior & Organization, Elsevier, vol. 64(1), pages 144-156, September.
- Dirk Engelmann & Hans-Theo Normann, 2003. "An Experimental Test of Strategic Trade Policy," CERGE-EI Working Papers wp212, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Gerda Dewit, 1996.
"Export Insurance Subsidisation: Risk Coverage, Strategic Export Promotion or Aid?,"
Working Papers
9614, Business School - Economics, University of Glasgow.
- Gerda Dewit, 1996. "Export Insurance Subsidisation: Risk Coverage, Strategic Export Promotion or Aid?," Working Papers 9611, Business School - Economics, University of Glasgow.
- Wei Yu & Leonard F. S. Wang, 2017. "Network externalities and tariff structure," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 24(3-4), pages 485-496, October.
- David Collie, 2002. "Prohibiting State Aid in an Integrated Market: Cournot and Bertrand Oligopolies with Differentiated Products," Journal of Industry, Competition and Trade, Springer, vol. 2(3), pages 215-231, September.
- Mark Herander, 1993. "Optimal trade policy in the presence of changing market structure," Open Economies Review, Springer, vol. 4(3), pages 235-245, September.
- K. C. Fung, 1991. "Characteristics of Japanese Industrial Groups and Their Potential Impact on US-Japanese Trade," NBER Chapters, in: Empirical Studies of Commercial Policy, pages 137-168, National Bureau of Economic Research, Inc.
- Guilherme Schneider Rasador & Luciane Franke & Fernanda Cristina Wiebusch Sindelar, 2024. "US–China Trade War: an empirical evaluation regarding its impacts on Brazilian exports," International Economics and Economic Policy, Springer, vol. 21(4), pages 883-906, October.
- Neary, J Peter & Leahy, Dermot, 2000.
"Strategic Trade and Industrial Policy towards Dynamic Oligopolies,"
Economic Journal, Royal Economic Society, vol. 110(463), pages 484-508, April.
- Neary, J.P. & Leahy, D., 1998. "Strategic Trade and Industrial Policy Towards Dynamic Oligopolies," Papers 98/14, College Dublin, Department of Political Economy-.
- Leahy, Dermot & Neary, J Peter, 1998. "Strategic Trade and Industrial Policy Towards Dynamic Oligopolies," CEPR Discussion Papers 1968, C.E.P.R. Discussion Papers.
- D Leahy & J.P. Neary, 1998. "Strategic Trade and Industrial PolicyTowards Dynamic Oligopolies," CEP Discussion Papers dp0409, Centre for Economic Performance, LSE.
- Neary, J. Peter & Leahy, Dermot, 1998. "Strategic trade and industrial policy towards dynamic oligopolies," LSE Research Online Documents on Economics 20246, London School of Economics and Political Science, LSE Library.
- J. Peter Neary & Dermot Leahy, 1998. "Strategic trade and industrial policy towards dynamic oligopolies," Working Papers 199814, School of Economics, University College Dublin.
- Elizabeth Schroeder & Victor Tremblay, 2015. "A Reappraisal of Strategic Trade Policy," Journal of Industry, Competition and Trade, Springer, vol. 15(4), pages 435-442, December.
- Krishna, Kala & Morgan, John, 1998.
"Implementing results-oriented trade policies: The case of the US-Japanese auto parts dispute,"
European Economic Review, Elsevier, vol. 42(8), pages 1443-1467, September.
- Kala Krishna & John Morgan, 1996. "Implementing Results-Oriented Trade Policies: The Case of the US-Japanese Auto Parts Dispute," NBER Working Papers 5680, National Bureau of Economic Research, Inc.
- Walz, Uwe & Wellisch, Dietmar, 1997. "Is free trade in the interest of exporting countries when there is ecological dumping?," Journal of Public Economics, Elsevier, vol. 66(2), pages 275-291, November.
- Dewit, Gerda & Leahy, Dermot, 2004.
"Rivalry in uncertain export markets: commitment versus flexibility,"
Journal of International Economics, Elsevier, vol. 64(1), pages 195-209, October.
- Leahy, Dermot & Dewit, Gerda, 2001. "Rivalry in Uncertain Export Markets: Commitment versus Flexibility," CEPR Discussion Papers 2771, C.E.P.R. Discussion Papers.
- Gerda Dewit & Dermot Leahy, 2001. "Rivalry In Uncertain Export Markets: Commitment Versus Flexibility," Economics Department Working Paper Series n1050201, Department of Economics, National University of Ireland - Maynooth.
- Gerratana Emanuele & Koçkesen Levent, 2012.
"Strategic Effects of Renegotiation-Proof Contracts,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-49, July.
- Levent Kockesen & Emanuele Gerratana, 2009. "Strategic Effects of Incomplete and Renegotiation-Proof Contracts," Koç University-TUSIAD Economic Research Forum Working Papers 0908, Koc University-TUSIAD Economic Research Forum.
- Tobias Harks & Philipp von Falkenhausen, 2013. "Robust Quantitative Comparative Statics for a Multimarket Paradox," Papers 1307.5617, arXiv.org, revised Dec 2015.
- Forslid, Rikard & Häckner, Jonas & Muren, Astri, 2005.
"When do Countries Introduce Competition Policy?,"
CEPR Discussion Papers
5162, C.E.P.R. Discussion Papers.
- Forslid, Rikard & Häckner , Jonas & Muren, Astri, 2005. "When do Countries Introduce Competition Policy?," Research Papers in Economics 2005:6, Stockholm University, Department of Economics.
- Yoon, Jeong & Choi, Kangsik, 2018. "Why do export subsidies still exist? R&D and output subsidies," Japan and the World Economy, Elsevier, vol. 45(C), pages 30-38.
- Lim, Seonyoung & Choi, Kangsik, 2014. "Strategic Subsidy Policies with Endogenous Choice of Competition Mode," MPRA Paper 59462, University Library of Munich, Germany.
- Bernard, Jean-Thomas & Dupéré, Marc & Roland, Michel, 2003.
"International Competition between Public or Mixed Enterprises,"
Cahiers de recherche
0301, Université Laval - Département d'économique.
- Bernard, Jean-Thomas & Dupéré, Marc & Roland, Michel, 2003. "International Competition Between Public or Mixed Enterprises," Cahiers de recherche 0301, GREEN.
- Merrill Whitney & James Gaisford, 1999. "An Inquiry Into the Rationale for Economic Espionage," International Economic Journal, Taylor & Francis Journals, vol. 13(2), pages 103-123.
- Johannes Becker, 2013.
"Taxation of Foreign Profits with Heterogeneous Multinational Firms,"
The World Economy, Wiley Blackwell, vol. 36(1), pages 76-92, January.
- Johannes Becker, 2009. "Taxation of Foreign Profits with Heterogeneous Multinational Firms," CESifo Working Paper Series 2899, CESifo.
- Ruiz, Juan, 2003.
"Cost effectiveness of R&D and the robustness of strategic trade policy,"
UC3M Working papers. Economics
we030401, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Praveen Kujal & Juan Ruiz, 2003. "Cost Effectiveness of R&D and the Robustness of Strategic Trade Policy," International Trade 0302001, University Library of Munich, Germany, revised 04 Feb 2003.
- Kujal, Praveen & Ruiz, Juan, 2004. "Cost effectiveness of R&D and the robustness of Strategic Trade Policy," Economics Discussion Papers 8876, University of Essex, Department of Economics.
- Ishikawa, Jota & Spencer, Barbara J., 1999.
"Rent-shifting export subsidies with an imported intermediate product,"
Journal of International Economics, Elsevier, vol. 48(2), pages 199-232, August.
- Jota Ishikawa & Barbara J. Spencer, 1996. "Rent-Shifting Export Subsidies with an Imported Intermediate Product," NBER Working Papers 5458, National Bureau of Economic Research, Inc.
- Glass, Amy Jocelyn & Saggi, Kamal, 1999. "FDI policies under shared factor markets," Journal of International Economics, Elsevier, vol. 49(2), pages 309-332, December.
- Miyagiwa, Kaz & Ohno, Yuka, 1997. "Strategic R&D policy and appropriability," Journal of International Economics, Elsevier, vol. 42(1-2), pages 125-148, February.
- Michel Cavagnac & Isabelle Péchoux, 2010.
"Domestic Effects of Environmental Policies with Transboundary Pollution,"
Recherches économiques de Louvain, De Boeck Université, vol. 76(1), pages 113-134.
- CAVAGNAC Michel & PECHOUX Isabelle, 2007. "Domestic effects of environmental policies with transboundary pollution," LERNA Working Papers 07.07.228, LERNA, University of Toulouse.
- Michel Cavagnac & Isabelle Péchoux, 2010. "Domestic Effects of Environmental Poclicies with Transboundary Pollution," Discussion Papers (REL - Recherches Economiques de Louvain) 2010014, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Christos Constantatos & Eleftherios Filippiadis & Eftichios Sartzetakis, 2014.
"Using the allocation of emission permits for strategic trade purposes,"
Journal of Regulatory Economics, Springer, vol. 45(3), pages 259-280, June.
- Christos Constantatos & Lefteris Filippiadis & Eftichios S. Sartzetakis, 2011. "Using the allocation of emission permits for Strategic Trade purposes," Discussion Paper Series 2011_09, Department of Economics, University of Macedonia, revised Jun 2011.
- Tsuyoshi Toshimitsu, 1997. "Optimal Export Policy In The Presence Of R&D Investment," Discussion Paper Series 17, School of Economics, Kwansei Gakuin University, revised Sep 1997.
- Joseph Francois & Henrik Horn, 2007.
"Antitrust in Open Economies,"
Contributions to Economic Analysis, in: The Political Economy of Antitrust, pages 463-483,
Emerald Group Publishing Limited.
- Joseph Francois & Henrik Horn, 2006. "Antitrust in Open Economies," The Institute for International Integration Studies Discussion Paper Series iiisdp120, IIIS.
- Horn, Henrik & Francois, Joseph, 2006. "Antitrust in Open Economies," CEPR Discussion Papers 5480, C.E.P.R. Discussion Papers.
- Joseph Francois & Henrik Horn, 2006. "Antitrust in Open Economies," Tinbergen Institute Discussion Papers 06-006/2, Tinbergen Institute.
- Hong Hwang & Chao‐Cheng Mai & Hiroshi Ohta, 2010. "Export Subsidies, Cost Differential And Product Quality," Pacific Economic Review, Wiley Blackwell, vol. 15(1), pages 32-41, February.
- Magdalena Raftowicz & Bertrand le Gallic & Magdalena Kalisiak-Mędelska & Krzysztof Rutkiewicz & Emilia Konopska-Struś, 2021. "Effectiveness of Public Aid for Inland Aquaculture in Poland—The Relevance of Traditional Performance Ratios," Sustainability, MDPI, vol. 13(9), pages 1-22, May.
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"Cost asymmetries in international subsidy games: Should governments help winners or losers?,"
Journal of International Economics, Elsevier, vol. 37(3-4), pages 197-218, November.
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- Neary, J Peter, 1991. "Cost Asymmetries in International Subsidy Games: Should Governments Help Winners or Losers?," CEPR Discussion Papers 560, C.E.P.R. Discussion Papers.
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"Differential Export Taxes along the Oilseeds Value Chain: A Partial Equilibrium Analysis,"
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- Giacomo Calzolari & Luca Lambertini, 2006.
"Tariffs vs Quotas in a Model of Trade with Capital Accumulation,"
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- Ufuk Akcigit & Sina T. Ates & Giammario Impullitti, 2018.
"Innovation and Trade Policy in a Globalized World,"
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- Ufuk Akcigit & Sina T. Ates & Giammario Impullitti, 2018. "Innovation and Trade Policy in a Globalized World," International Finance Discussion Papers 1230, Board of Governors of the Federal Reserve System (U.S.).
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"Dynamics and Discriminatory Import Policy,"
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Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(2), pages 315-348, August.
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- Bagwell, Kyle & Wolinsky, Asher, 2002.
"Game theory and industrial organization,"
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- Kyle Bagwell & Robert W. Staiger, 1996.
"Reciprocal Trade Liberalization,"
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1150, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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- Kyle Bagwell & Robert W. Staiger, 1996. "Reciprocal Trade Liberalization," NBER Working Papers 5488, National Bureau of Economic Research, Inc.
- Jaime de Melo & David Tarr, 2015.
"VERs under imperfect competition and foreign direct investment: A case study of the US–Japan auto VER,"
World Scientific Book Chapters, in: Modeling Developing Countries' Policies in General Equilibrium, chapter 22, pages 461-483,
World Scientific Publishing Co. Pte. Ltd..
- de Melo, Jaime & Tarr, David, 1996. "VERs under imperfect competition and foreign direct investment: A case study of the US-Japan auto VER," Japan and the World Economy, Elsevier, vol. 8(1), pages 11-33, March.
- de Melo, Jaime & Tarr, David, 1991. "VERs under imperfect competition and foreign direct investment : a case study of the U.S. - Japan auto VER," Policy Research Working Paper Series 667, The World Bank.
- de Melo, Jaime & Tarr, David, 1995. "VERs Under Imperfect Competition and Foreign Direct Investment: A Case Study of the US-Japan Auto VER," CEPR Discussion Papers 1173, C.E.P.R. Discussion Papers.
- Andreas Haufler & Guttorm Schjelderup & Frank Stähler, 2000.
"Commodity Taxation and International Trade in Imperfect Markets,"
CESifo Working Paper Series
376, CESifo.
- Haufler, Andreas & Schjelderup, Guttorm & Stähler, Frank, 2000. "Commodity Taxation and international Trade in Imperfect Markets," CoFE Discussion Papers 00/32, University of Konstanz, Center of Finance and Econometrics (CoFE).
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