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Working Papers

1988

88-01 "A Simple Empirical Real Business Cycle Model," by Lars Muus, C. Erik Larson and George Jakubson.

88-02 "An Empirical Analysis of Intertemporal Labor Supply Behavior of Adult Males in Denmark," by Lars Muus.

88-03 "An Econometric Investigation of Vintage Production Structures in U.S. Manufacturing Industries," by Lars Muus.

88-04 "Some Aspects of Inference in Nonergodic Econometric Models," by Ian Domowitz and Lars Muus.

88-05 "Empirical Labor Economics in the Search Framework," by Theresa J. Devine and Nicholas M. Kiefer.
Published in book form by Oxford University Press, 1990.

88-06 "Infinite-Horizon Bayesian Control of the Normal-Normal Regression Process," by David Easley and Nicholas M. Kiefer.

88-07 "Spurious Regressions and Tests for Cointegration," by Joon Y. Park, Sam Ouliaris and Buhmsoo Choi.

88-08 "Optimal Learning with Endogenous Data," by David Easley and Nicholas M. Kiefer.
Published in the International Economic Review, Vol. 30, No. 4, Nov. 1989, 963-978.

88-09 "Inequality and Welfare in Exchange Economies," by James E. Foster, Mukul K. Majumdar and Tapan Mitra.
Published in the Journal of Public Economics, Vol. 41, 1990, 351-367.

88-10 "Testing for Unit Roots in Models with Structural Change," by Joon Y. Park.

88-11 "Market Participation and Sunspot Equilibria," by Yves Balasko, David Cass, and Karl Shell.
Published in the Review of Economic Studies, Vol. 62(3), No. 213, July 1995, 491-512.

88-12 "On The Nonequivalence of the Arrow-Securities Game and the Contingent-Commodities Game," by James Peck and Karl Shell.
Published in Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, W. Barnett, J. Geweke, and K. Shell, Eds., Part 1, Chapter 4, Cambridge University Press, 1989, 61-85.

88-13 "Sunspot Equilibrium in an Overlapping-Generations Economy with an Idealized Contingent- Commodities Market," by David Cass and Karl Shell.
Published in Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, W. Barnett, J. Geweke, and K. Shell, Eds., Part 1, Chapter 1, Cambridge University Press, 1989, 3-20.

88-14 "A Value Function Arising in the Economics of Information," by Nicholas M. Kiefer.
Published in the Journal of Economic Dynamics and Control, 13, 1989, 201-223.

88-15 thru 88-21: NOT AVAILABLE.

88-22 "Market Uncertainty: Correlated Equilibrium and Sunspot Equilibrium in Imperfectly Competitive Economies," by James Peck and Karl Shell.
Published in The Review of Economic Studies, under the title "Market Uncertainty: Correlated and Sunspot Equilibria in Imperfectly Competitive Economies," Vol. 58, 1991, 1011-1029.

88-23 "A New Approach to Testing for a Unit Root," by Joon Y. Park and Buhmsoo Choi.

88-24 "Do Tournaments Have Incentive Effects?" by Ronald G. Ehrenberg and Michael L. Bognanno.

88-25 "Liquid Markets and Competition," by James D. Peck and Karl Shell.
Published in Games and Economic Behavior, 2, No. 4, 1990, 362-377.

88-26 "On Generalized Accelerated Failure Time Models," by Geert Ridder.
Published in The Review of Economic Studies, under the title of "The Non-Parametric Identification of Generalized Accelerated Failure-Time Models," Vol. 57, 2, No. 190, April 1990, 167-18.

88-27 "Dynamic Efficiency in Overlapping Generations Models with Stochastic Production," by Itzhak Zilcha.
Published in the Journal of Economic Theory, under the title of "Characterizing Efficiency in Stochastic Overlapping Generations Models," Vol. 55, 1, October 1991, 1-16.

88-28 "Symmetric Stochastic Games of Resource Extraction: The Existence of Non-Randomized Stationary Equilibrium," by Mukul K. Majumdar and Raghu Sundaram.

88-29 "Canonical Cointegrating Regressions," by Joon Y. Park.

88-30 "Testing for Unit Roots and Cointegration by Variable Addition," by Joon Y. Park.
Forthcoming in Advances in Econometrics, T.B. Fombay and G.F. Rhodes, Eds.

88-31 "A Note on Regular Symmetric Economies," by Christophe Préchac.88-32 "Testing for a Unit Root in the Presence of a Maintained Trend," by Sam Ouliaris, Joon Y. Park and Peter C.B. Phillips.
Forthcoming in Advances in Econometrics and Modelling, B. Raj, Ed.

88-33 "Estimation of Dynamic Programming Models," by Bent Jesper Christensen.

88-34 "Asymmetric Information and Sunspot Equilibria: A Family of Simple Examples," by Robert J. Aumann, James Peck and Karl Shell.

88-35 "The Set of Stable Expectations Temporary Equilibria," by Yves Balasko.

88-36 "Price-Setting Duopoly with Search Costs," by Kenneth Burdett and Tara Vishwanath.