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C.V. Starr Center for Applied Economics, New York University

Working Papers

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C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012

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Content

1993

93-42 Fair Division by Point Allocation
by Brams, S.J. & Taylor, A.D.
93-41 Empirical Exchange Rate Models and Shifts in the Co-Integrating Vector
by Goldberg, M.D. & Frydman, R.
93-40 Growth and Dual Economy
by Blomstrom, M. & Wolff, E.N.
93-39 Time Irreversibility and Business Cycle Asymmetry
by Ramsey, J.B. & Rothman, P.
93-38 Equilibrium Wage and Dismissal Processes
by Flinn, C.J.
93-37 Integrating Tax Distortions and Externality Theory
by De Bartolome, C.A.M.
93-36 The "Types" of a Baysian Equilibrium
by Nyarko, Y.
93-35 The Savage-Bayesian Foundations of Economic Dynamics
by Nyarko, Y.
93-34 The Life Cycle of a Competitive Industry
by Jovanovic, B. & MacDonald, G.
93-33 Heterogeneity in Bank Valuation of LCD Debt: Evidence from the 1988 Brazilian Debt-Reduction Program
by Demirguc-Kunt, A. & Diwan, I. & Spiegel, M.M.
93-32 Regional Competition for Domestic and Foreign Investment: Evidence from State Development Expenditures
by De Bartolome, C.A.M. & Spiegel, M.M.
93-31 Innovations and Technological Spillovers
by Nadiri, M.I.
93-30 Would Ross Perot Have Won the 1992 Presidential election Under Approval Voting?
by Brams, S.J. & Merrill, S.
93-29 Fair Division Pareto-Optimality Versus Strategic Robustness
by Brams, S.J. & Taylor, A.D.
93-28 Forecatability of Driven Oscillators with Noise
by Ramsey, J.B. & Keenan, S.
93-27 A Practica Person's Guide to Mechanism Selection: Some Lessons from Experimental Economics
by Schotter, A.
93-26 Communication and Coordination in Signalling Games: An Experimental Study
by Sopher, B. & Zapater, I.
93-25 Industry Wage Differentials and the Gender Wage Gap
by Fields, J. & Wolff, E.N.
93-24 Evaluating the Cost of Conscription in the Netherlands
by Imbens, G. & Van Der Klaauw, W.
93-23 Female Labor Supply and Marital Status Decisions: A Life Cycle Model
by Van Der Klaauw, W.
93-22 On the Perils of Privatization
by Baumol, W.J.
93-21 Qualitative Rationality and Behavior in the Foreign Exchange Market
by Goldberg, M.D. & Frydman, R.
93-20 Social Wants and Dismal Science: The Curious Case of the Climbing Costs of Health and Teaching
by Baumol, W.J.
93-19 U.S. Commercial Banking: Trends, Cycles, and Policy
by Boyd, J.H. & Gertler, M.
93-18 Investment in Manufacturing, Exchange-Rate and External Exposure
by Goldberg, L.S. & Campa, J.
93-17 Departures from the Ruble Zone: The Implications of Adopting Independent Currencies
by Goldberg, L.S. & Ickes, B.W. & Ryterman, R.
93-16 Rationalizing Child Support Decisions
by Del Boca, D. & Flinn, C.J.
93-15 Multi-Defendant Settlements Under Joint and Several Liability: The Problem of Insolvency
by Kornhauser, L.A. & Revesz, R.L.
93-14 Fixed-Premium Deposit Insurance and Collective Action Problems Among Banks
by Spiegel, M.M.
93-13 Uniqueness and Indeterminacy: Transitional Dynamics in a Model of Endogenous Growth
by Benhabib, J. & Perli, R.
93-12 Contracting Out Government Services: Lessons from the Private Sector
by Prager, J.
93-11 The Diversification of Production
by Jovanovic, B.
93-10 Production, Financial Structure and Productivity Growth in U.S. Manufacturing
by Bernstein, J.I. & Nadiri, M.I.
93-09 Social Choice in a Representative Democracy
by Benoit, J.P. & Kornhauser, L.
93-08 Changes in the Information-Intensity of the U.S. Workplace Since 1950: Has Information Technology Made a Difference
by Howell, D.R. & Wolff, E.N.
93-07 Multi-Defendant Settlements: The Impact of Joint and Several Liability
by Kornhauser, L.A. & Revesz, R.L.
93-06 A Stochastic Model of Sequential Bargaining with Complete Information and Non-Transferable Utility
by Merlo, A. & Wilson, C.
93-05 A Stochastic Model of Sequential Bargaining with Complete Information and Transferable Utility
by Merlo, A. & Wilson, C.
93-04 A Model of Endogenous Fiscal Deficits and Delayed Fiscal Reforms
by Velasco, A.
93-03 Follow the Leader: On Growth and Diffusion
by Benhabib, J. & Rustichini, A.
93-02 Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms
by Gertler, M. & Gilchrist, S.
93-01 Fairness and Survival in Ultimatum and Dictatorship Games
by Schotter, A. & Weiss, A. & Zapater, I.

1992

92-57 An Experimental Study of Two-Actor Accidents
by Kornhauser, L.A. & Schotter, A.
92-56 Exchange-rate Unification with Black Market Leakages: Russia 1992
by Goldberg, L.S.
92-55 Bargaining Over Governments in a Stochastic Environment
by Merlo, A.
92-54 Toward a Theory of Industrial Policy-Retainable Industries
by Baumol, W.J. & Gomory, R.E.
92-53 How Representative Are Matched Cross Sections? Evidence from the Current Population Survey
by Paracchi, F. & Welch, F.
92-52 Theory of Moves: Overview and Examples
by Brams, Steven J. & Mattli, Walter
92-51 Cycles of Conflict
by Brams, Steven J.
92-50 Contracting Out: Theory and Policy
by Prager, J.
92-49 The Conditional Distribution of Excess Returns: An Empirical Analysis
by Foresi, S. & Paracchi, F.
92-48 Bargaining Through Agents: An Experimental Study
by Schotter, A. & Synder, B. & Zheng, W.
92-47 Asymmetric Information and the Excess Volatility to Stock Prices
by Eden, B. & Jovanovic, B.
92-46 The Role of Human Capital in economic Development: Evidence form Aggregate Cross-Country Regional U.S. Data
by Benhabib, J. & Spiegel, M.
92-45 On the Economics of Musical Composition in Mozart's Vienna
by Baumol, W.
92-44 A Model of Cyclical International Capital Movements
by Velasco, A.
92-43 Animal Spirits, Capital Repatriation and Investment
by Velasco, A.
92-42 A Note on the Political Economy in Immigration
by Benhabib, J.
92-41 "Burden Sharing" in Sovereign Debt Reduction
by Spiegel, M.M.
92-40 Expenditure Decisions of Divorced Mothers and Income Composition
by del Boca, D. & Flinn, C.J.
92-39 Political Party Negotiations, Income Distribution and Endogenous Growth
by Chang, R.
92-38 Blak-Markets for Currency, Hoarding Activity and Policy Reforms
by Goldberg, L.S. & Karimov, I.
92-37 Multi-Defendant Settlements: The Impact of Joint and Several Liability
by Kornhauser, L.A. & Reversz, R.L.
92-36 Labor Force Transitions of Older Workers
by Peracchi, F. & Welch, F.
92-34 A stochastic Model of Sequential Bargaining eith Complete Information and Transferable Utility
by Merlo, A. & Wilson, C.
92-33 Procedural Rationality and Learning in Games: An Experimental Study
by Merlo, A. & Schotter, A.
92-32 The Privatization of New York City Subway
by De Bartolome, C.A.M. & Ramsey, J.B.
92-31 An Envy-Free Cake Division Algorithm
by Brams, S.J. & Taylor, A.D.
92-30 Intransigence in Negotiations: The Dynamics of Disagreement
by Brams, S.J. & Doherty, A.E.
92-29 A Ricardo Model with Economies of Scale
by Gomory, R.E.
92-28 A Reassessment of Dimension Calculations Using Some Monetary Data
by Ramsey, J.B. & Rothman, P.
92-27 Factors Behind Cross-Industry Differences in Technical Progress
by Nelson, R.R. & Wolff, E.N.
92-26 Bayesian Learning in Repeated Games Leads to Correlated Equilibria
by Nyarko, Y.
92-25 Bayesian Learning without Common Priors and Convergence to Nash Equilibria
by Nyarko, Y.
92-24 The Role of Human Capital and Political Instability in Economic Development
by Benhabib, J. & Spiegel, M.M.
92-23 Exports, Margins and Productivity Growth: with an Application to the Canadian Softwood Lumber Industry
by Bernstein, J.I.
92-22 Efficiency and Productivity Growth Comparisons of European and U.S. Air Carriers : A First Look at the Data
by Good, D.H. & Nadiri, M.I. & Roller, L.H. & Sickles, R.
92-21 The Imperfect Price-Reversibility of World Demand
by Gately, D.
92-20 Interpreting the "Many-Person Ramsey Tax Rule" of Optimal Theory
by De Bartolome, C.A.M.
92-19 Fiscal Externality and Compensated Demand in Normative Tax Theory
by De Bartolome, C.A.M.
92-18 Fundamental Issues in the Justification of Profits
by Cowan, R. & Rizzo, M.J.
92-17 The Morality of Profits, and The Struggle for Existence
by Rizzo, M.J.
92-16 Seasonal Economic Data As Approximate Harmonic Oscillators
by Ramsey, J.B.
92-15 Private Affluence, Public Squalor
by Baumol, W.J.
92-14 Economic Analysis of the Treatment of Malaria: A Case Study
by De Bartolome, C.A.M. & Vosti, S.A.
92-13 Are Adjustment Costs for Labor Asymetric? An Econometric Test On Panel Data for Italy
by Jaramillo, F. & Schiantarelli, F. & Sembenelli, A.
92-12 Dynamics and Asymetric Adjustment in Insider-Outsider Models
by Huizinga, F. & Schiantarelli, F.
92-11 Moscow Black Markets and Official Markets for Foreign Exchange: How Much Flexibility in Flexible Rates?
by Goldberg, L.S.
92-10 Scale Economies, Regions of Multiple Trade Equilibria, and the Gains from Acquisition of Industries
by Gomory, R.E. & Baumol, W.J.
92-09 Oil Demands in the US and Japan: why the Demand Reductions Caused by the Price Increases of the 1970's won't be Reversed by the Price Declines of the 1980's
by Gately, D.
92-08 Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms
by Gertler, M. & Gilchrist, S.
92-07 Putting the Other Side "On Notice" Can Induce Compliance in Arms Control
by Kilgour, D.M. & Brams, S.J.
92-06 A Model of Fiscal Deficits and Delayed Fiscal Reforms
by Velasco, A.
92-05 Interior Quality Equilibrium and the Effect of a Government Subsidy
by Seo, C.S.
92-04 A Ricardo Model with Economies of Scale
by Gomory, R.E.
92-03 Sovereign Risk Exposure with Potential Liquidation: the Performance of Alternative Forms of External Finance
by Spiegel, M.M.
92-02 Two Stage Auctions II: Common-Value Strategies and the Winner's Curse
by Brams, S.J. & Taylor, A.D.
92-01 Two Stage Auctions I: Private-Value Strategies
by Brams, S.J. & Taylor, A.D.

1991

91-70 Equilibrium Dismissal Without Stigma
by Flinn, Christopher J.
91-69 Re-examining the Empirical Performance of the Monetary Models of the Exchange Rate: A Problem of Structural Change
by Goldberg, Michael D. & Frydman, Roman
91-68 Cooperation Between Divorced Parents and Compliance with Child Support Orders
by Del Boca, Daniela & Flinn, Christopher J.
91-67 Financial Integration with and without International Policy Coordination
by Chang, Roberto
91-66 Growth Accounting with Physical and Human Capital Accumulation
by Benhabib, Jess & Spiegel, Mark M.
91-65 Coordination and Spillovers
by Jovanovic, Boyan
91-64 A Model of Project Evaluation with Limited Resources
by Gifford, Sharon & Wilson, Charles
91-63 Incomplete Markets
by Wilson, Charles
91-62 Theories Consistent Expectationa and Exchange Rate Dynamics
by Goldberg, Michael D. & Frydman, Roman
91-61 Multi-Defendant Settlements: The Case of Superfund
by Kornhauser, Lewis A. & Revesz, Richard L. & Takeda, Keith T.
91-60 An Experimental Study of Two-Actor Accidents
by Kornhauser, Lewis A. & Schotter, Andrew
91-59 Indeterminacy and Increasing Returns
by Benhabib, Jess & Farmer, Roger E.A.
91-58 Equilibrium Visions
by Rizzo, Mario J.
91-57 The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries
by Nadiri, M. Ishaq & Mamuneas, Theofanis P.
91-56 An Optimal Constitution in a Stochastic Environment
by Barbarosa, A.S. Pinto & Jovanovic, Boyan
91-55 Imperfect Price-Reversibility of U.S. Gasoline Demand: Asymetric Responses to Price Increases and Declines
by Gately, Dermot
91-54 Alfred Marshall in Retrospect
by Becker, James F.
91-53 Evolution and Design in the East European Transition
by Frydman, Roman & Rapaczynski, Andrzej
91-52 Privatization and Corporate Governance in Eastern Europe: Can a Market Economy Be Designed?
by Frydman, Roman & Rapaczynski, Andrzej
91-51 Learning and agreeing to disagree without common priors
by Nyarko, Y.
91-50 The Convergence of Bayesian Belief Hierarchies
by Nyarko, Yaw
91-49 Which Tax Rate Do People Use: Average or Marginal?
by de Bartolome, Charles A.M.
91-48 On the Transition to a Monetary Union
by Chang, Roberto
91-47 Private Investment and Sovereign Debt Negotiations
by Chang, Roberto
91-46 Social Conflict, Growth and Inequality
by Benhabib, Jess & Rustichini, Aldo
91-45 Game Theory and Multilateral Negotiations: The single European Act and the Uruguay Round
by Brams, Steven J. & Doherty, Ann E. & Weidner, Matthew L.
91-44 Variable Markups in a Model with Adjustment Costs: Econometric Evidence for U.S. Industry
by Galeotti, Marzion & Schiantarelli, Fabio
91-43 Three Solutions to Divide the Dollar
by Brams, Steven J. & Taylor, Alan D.
91-42 Price Margins and Capital Adjustment: Canadian Mill Products and Pulp and Paper Industries
by Bernstein, Jeffrey I.
91-41 Delivery Lags, Adjustment Costs, and Econometric Investment Models
by Chirinko, Robert S. & Schiantarelli, Fabio
91-40 Cohort Size and Schooling Choice
by Flinn, Christopher J.
91-39 Most Games Violate the Harsanyi Doctrine
by Nyarko, Yaw
91-38 Arbitration Procedures
by Brams, Steven J. & Kilgour, D. Marc & Merrill, Samuel III
91-37 Adjustment Costs in Stagnant and Rapidly Growing Industries
by Nakamura, Shinichiro
91-36 Fiscal Increasing Returns, Investment and International Capital Movements
by Velasco, Andres
91-35 Scoring Reversals: A Major League Dilemma
by Benoit, Jean-Pierre
91-34 Renegotiation in Finitely Repeated Games
by Benoit, Jean-Pierre & Krishna, Vijay
91-33 Social Choice in a Representative Democracy
by Benoit, Jean-Pierre & Kornhauser, Lewis A.
91-32 Voting Simply in the Election of Assemblies
by Benoit, Jean-Pierre & Kornhauser, Lewis A.
91-31 A Generic Negotiation Game
by Brams, Steven J.
91-30 An Adjustment Cost Model of Long-Term Employment
by Nakamura, Shinichiro
91-29 Games Theory and Literature
by Brams, Steven J.
91-28 An Econometric Analysis of Government Tenure Histories: The Italian Case
by Merlo, Antonio
91-27 When is it Rational to be Magnanimous in Victory?
by Brams, Steven J. & Mor, Ben D.
91-26 Level and Growth Effects of Human Capital: A Cross-Country Study of the Convergence Hypothesis
by Kyriacou, George A.
91-25 Experimentation and Learning in Laboratory Experiments: Harrison’s Criticism Revisited
by Merlo, Antonio & Schotter, Andrew
91-24 The Aggregate Effects of Monetary Externalities
by Benhabib, Jess & Farmer, Roger
91-23 Sprayed to Death: On the Lock-in of an Inferior Pest Control Strategy
by Cowan, Robin
91-22 Social Conflict, Growth and Income Distribution
by Benhabib, Jess & Rustichini, Aldo
91-21 Investment, Depreciation and Capital Utilization: Theoretical and Simulation Results
by Bernstein, Jeffrey I. & Nadiri, M. Ishaq
91-20 Imperfect Price-Reversibility of Oil Demand: Responses to Price Declines and Recoveries
by Gately, Dermot
91-19 Private-Beliefs Equilibrium
by Kalai, Ehud & Lehrer, Ehud
91-18 Rational Learning Leads to Nash Equilibrium
by Kalai, Ehud & Lehrer, Ehud
91-17 Threshold Effects in International Lending
by Spiegel, Mark M.
91-16 Estimation of the Survivor Model by Nonparametric Maximum Likelihood, Maximum Penalized Likelihood, and Simulation-Based Estimation
by Huh, Keun & Sickles, Robin C.
91-15 Equilibrium Wage and Dismissal Processes
by Flinn, Christopher J.
91-14 The "Inorganic" Composition of Capital and the Recent American Experience
by Becker, James F.
91-13 The Genetic-Causal Moment in Eocnomic Theory
by Cowan, Robin A. & Rizzo, Mario J.
91-12 Finite Sample Evidence on the Performance of Stochastic Frontiers and Data Envelopment Analysis Using Panel Data
by Gong, Byeong-Ho & Sickles, Robin C.
91-11 Product Diversification, Economies of Scope and Risk Avoidance: An Application to Indian Agriculture
by Ballivian, Maria Amparo & Sickles, Robin C.
91-10 The Cet-Ces-Generalized Leontief Variable Profit Function: An Application to Indian Agriculture
by Behrman, Jere R. & Lovell, C.A. Knox & Pollak, Robert A. & Sickles, Robin C.
91-09 Yes-No Voting
by Fishburn, Peter C. & Brams, Steven J.
91-08 Oskar Morgenstern's Contribution to the Development of the Theory of Games
by Schotter, Andrew
91-07 Was the Great Depression a Low-Level Equilibrium?
by Dagsvik, John & Jovanovic, Boyan
91-06 Exchange Rates and Entry, Exit and Investment in U.S. Industry
by Goldberg, Linda S.
91-05 Are Buybacks Back? Menu-Driven Debt-Reduction in Schemes with Heterogeneous Creditors
by Diwan, Ishac & Spiegel, Mark M.
91-04 Endogenous Capital Utilization and Productivity Measurement in Dynamic Factor Demand Models: Theory and an Application to the U.S. Electrical Machinery Industry
by Prucha, Ingmar R. & Nadiri, M. Ishaq
91-03 Internal Currency Markets and Production in the Soviet Union
by Goldberg, Linda S. & Karimov, Il'dar
91-02 Bargaining a Monetary Union
by Chang, Roberto
91-01 Optimal Growth with Unobservable Resources and Learning
by Nyarko, Yaw & Olson, Lars J.

1990

90-53 Product Demand, Cost Of Production, Spillovers And The Social Rate Or Return To R&D
by Bernstein, Jeffrey I. & Nadiri, M. Ishaq
90-52 Consumption And Government Debt In High Deficit Countries: Is Tax-Discounting Stable Over Time? The Case Of Italy And Belgium
by Nicoletti, Giuseppe
90-51 Behavior And Efficiency In The Sealed-Bid Mechanism
by Linhart, Peter & Radner, Roy & Schotter, Andrew
90-50 The Ownership-Control Structure And The Behavior Of Polish Enterprises During The 1990 Reforms: Macroeconomic Measures And Microecconomic Response
by Frydman, Roman & Wellisz, Stanislaw
90-49 Homogenization, Specialization And The Sharing Of Output Growth Between Incumbents And Entrants
by Boeri, Tito
90-48 Marshall'S Principles And The Advent Of Neo-Classicism In America
by Becker, James F.
90-47 Auctions For Oil And Gas Leases With An Informed Bidder And A Random Reservation Price
by Hendricks, Kenneth & Porter, Robert H. & Wilson, Charles A.
90-46 Interest Rate Spreads, Credit Constraints, And Investment Fluctuations: An Empirical Investigation
by Gertler, Mark & Hubbard, R. Glenn & Kashyap, Anil
90-45 Bayesian Rationality And Learning Without Common Priors
by Nyarko, Yaw
90-44 Financial Capacity And Output Fluctuations In An Economy With Multiperiod Financial Relationships
by Gertler, Mark
90-43 Asset Returns With Transactions Costs And Uninsured Individual Risk: A Stage Iii Exercise
by Aiyagari, S. Rao & Gertler, Mark
90-42 Markets And Institutions In Large Scale Privatizations-An Approach To Economic And Social Tranformations In Eastern Europe
by Frydman, Roman & Rapaczynski, Andrzej
90-41 Technical Change And The Demand For Skills By U.S. Industries
by Howell, David R. & Wolff, Edward N.
90-40 Arms-Control Inspection Strtegies That Induce Compliance: A Game-Theoritic Analysis
by Brams, Steven J. & Kilgour, D. Marc
90-39 Why Does Capital Flow From Poor To Rich Countries? Interest Groups And Dynamic Games In Poor Countries
by Tornell, Aaron & Velasco, Andres
90-38 Sequential Decisions By A Single Tortfeasor
by Kornhauser, Lewis A. & Revesz, Richard L.
90-37 Beyond Allocative Efficiency: How Perfect Are The "Perfect" Market Forms?
by Baumol, William J.
90-36 On The Economics Of The Performing Arts In The Ussr And The Usa: A Preliminary Comparison Of The Data
by Baumol, H. & Baumol, William J. & Rubinstein, Ariel
90-35 Technological Imperatives, Productivity And Insurance Costs
by Baumol, William J.
90-34 The Diffusion Of Technology And Inequality Among Nations
by Jovanovic, Boyan & Lach, Saul
90-33 Changes In Age-Wealth Profiles:Savings, Revaluation And Inheritance
by Greenwood, Daphne T. & Wolff, Edward N.
90-32 The Inequity Of An Efficient Indirect Tax Structure
by de Bartolome, Charles A.M.
90-31 On The Transition To A Currency Union
by Chang, Roberto
90-30 Classification And Aggregation:An Application To Estimating Wage Equations From Cps Data
by Cotterman, Robert & Peracchi, Franco
90-29 Approval Voting In Practice
by Brams, Steven J. & Nagel, Jack H.
90-28 Constrained Approval Voting: A Voting System To Elect A Governing Board
by Brams, Steven J.
90-27 Unraveling In Exchange Games
by Brams, Steven J. & Kilgour, D. Marc & Davis, Morton D.
90-26 The Box Problem: To Switch Or Not To Switch?
by Brams, Steven J. & Kilgour, D. Marc
90-25 Robust M-Tests
by Peracchi, Franco
90-24 A Laboratory Investigation Of Multi-Person Rationality And Presentation Effects
by Schotter, Andrew & Weigelt, Keith & Wilson, Charles

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