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Working Papers

1993

93-01 "On LumpSum Compensation," by Murray C. Kemp and Henry Y. Wan, Jr.

93-02 "Division of Labor and the Extent of the Market: On the Dynamics of Industrialization," by Morgan Kelly.

93-03 "The Microeconomics of the Sudden Takeoff," by Morgan Kelly.

93-04 "Wealth Effects, Distribution, and the Theory of Organization," by Patrick Legros and Andrew F. Newman.

93-05 "Fuzzy Measurement of Income Inequality I: Some Possibility Results on the Fuzzification of the Lorenz Ordering," by Efe A. Ok.
Published in Economic Theory, Vol. 7, 1996, 513-530.

93-06 "Credit Market Imperfections and Economic Development: Theory and Evidence," by Chien-Hui Ma and Bruce D. Smith.
Published in Journal of Development Economics, Vol. 48, 2, March 1996, 351-387.

93-07 "Financial Markets in Development, and the Development of Financial Markets," by Jeremy Greenwood and Bruce D. Smith.
Published in Journal of Economic Dynamics and Control, Vol. 21, 1, January 1997, 145-181.

93-08 "Transactions Costs, Technological Choice, and Endogenous Growth," by Valerie R. Bencivenga, Bruce D. Smith, and Ross M. Starr.
Published in Journal of Economic Theory, Vol. 67, 1995, 153-177.

93-09 "Sectoral Employment and Cyclical Fluctations in an Adverse Selection Model," by Bruce D. Smith.
Published in International Economic Review, Vol. 36, No. 2, May 1995.

93-10 "Inference in Non-linear Panel Models with Partially Missing Observations: The Case of the Equilibrium Search Model," by Bent Jesper Christensen and Nicholas M. Kiefer.
Published in Journal of Econometrics, Vol. 79, No. 2, August 1997, 201-219.

93-11 "Inferential Separation in the Prototypal Search Model," by Bent Jesper Christensen and Nicholas M. Kiefer.
Published in Proceedings from the Third Symposium on Panel Data and Labor Market Dynamics, H. Bunzel, P. Jensen and N. Westergaard-Nielson, Eds., Elsevier Science BV, 1993, 231-245.

93-12 "The Role of International Acquisitions and Joint Ventures in Global Strategy," by Myeong-Hyeon Cho.

93-13 "Consistent Specification Testing Using Optimal Nonparametric Kernel Estimation," by Yongmiao Hong.

93-14 "Fuzzy Measurement of Income Inequality II: A Class of Fuzzy Inequality Measures," by Efe Ok.
Published in Social Choice and Welfare, Vol. 12, 1995, 115-136.

93-15 "Liquidity of Secondary Capital Markets, Capital Accumulation, and the Term Structure of Asset Yields," by Valerie R. Bencivenga, Bruce D. Smith, and Ross M. Starr.
Published in Economic Theory, Vol. 7, 1, January 1996, 19-50.

93-16 "Transition Dynamics in a Model of Endogenous Technical Change: A Discrete-Time Analysis," by Tapan Mitra and Asha Ram Sihag.

93-17 "Series Regression-Based Testing for Composite Distributional Hypotheses," by Yongmiao Hong.

93-18 "Pricing over Space and Time with Fixed Costs and Stock Externalities: What Natural Gas has in Common with High Tech, Haute Couture and Garbage Too," by Richard E. Schuler.

93-19 "Efficiency Gains in Beta-Pricing Models," by Bent Jesper Christensen.
Published in Mathematical Finance, 4, 1994, 143-154.

93-20 "Consistent Testing for Heteroskedasticity of Unknown Form," by Yongmiao Hong.

93-21 "On the Mechanism of Catching Up," by Man-lui Lau and Henry Wan Jr.