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Working Papers

1995

95-01 "Five Policy-Oriented Exercises in a Monetary Economy," by Henry Wan, Jr. and Guorong Jiang.

95-02 "Equilibrium Growth and Sustained Consumption with Exhaustible Resources," by Ngo Van Long, Tapan Mitra, and Gerhard Sorger.

95-03 "Stackelberg Equilibrium in Oligopoly: An Explanation Based on Managerial Incentives," by Kaushik Basu.
Published in Economic Letters, Vol. 49, 459-464, 1995.

95-04 "Some Even More Unpleasant Monetarist Arithmetic," by Joydeep Bhattacharya, Mark G. Guzman, and Bruce D. Smith.

95-05 "Double Implementation of the Lindahl Equilibrium by a Continuous Mechanism," by Bezalel Peleg.
Published in Economic Design, 2, 311-324, 1996.

95-06 "The Measurement of Opportunity Inequality: A Cardinality-Based Approach," by Efe A. Ok and Laurence Kranich.
Published in Social Choice and Welfare, Vol. 15, 1998, 263-286.

95-07 "The Measurement of Income Mobility: A Partial Ordering Approach," by Tapan Mitra and Efe A. Ok.
Published in Economic Theory, Vol. 12, 1998, 77-102.

95-08 "The Comparison of Income Distributions when Needs Differ," by Efe A. Ok.

95-09R "On the Robustness of Sunspot Equilibria," by Aditya Goenka and Karl Shell.
Published in Economic Theory, Vol. 10, 1, July 1997, 79-98.

95-10 "When Sunspots Don’t Matter," by Aditya Goenka and Karl Shell.
Published in Economic Theory, Vol. 9, No. 1, 169-178, January 1997.

95-11 "On the Relationship between Discounting and Complicated Behavior in Dynamic Optimization Models," by Tapan Mitra.

95-12 "Do India’s Labor Laws Hurt Indian Laborers? A Theoretical Investigation," by Kaushik Basu.

95-13 "Price Level Volatility: A Simple Model of Money Taxes and Sunspots," by Joydeep Bhattacharya, Mark G. Guzman and Karl Shell.
Published in Symposium on Monetary Economics, Journal of Economic Theory, (Link to Article on ScienceDirect)  Vol. 81, No. 2, August 1998, 401-430.

95-14 "The Nonexistence of a Planned Course of Interaction between a Group of Rational Decision-Makers," by Bezalel Peleg.

95-15 "Testing for Seasonal Unit Roots in the Presence of Changing Seasonal Means," by Philip Hans Franses and Timothy J. Vogelsang.
Published in Review of Economics and Statistics, under the title "On Seasonal Cycles, Unit Roots, and Mean Shifts, Vol. 80, 1998, 231-240.

95-16 "Inflation, Financial Markets, and Capital Formation," by Sangmok Choi, Bruce D. Smith, and John H. Boyd.
Published in Federal Reserve Bank of St. Louis Review, Vol. 78, 3, May-June 1996, 9-35.

95-17 "Unemployment, Migration, and Growth," by Valerie R. Bencivenga and Bruce D. Smith.
Published in Journal of Political Economy, Vol. 105, 3, June 1997, 582-608.

95-18 "Strategic Complementarity, Multiple Equilibria and Externalities in Cournot Competition," by Mikko Puhakka and Jennifer P. Wissink.

95-19 "Credit Market Imperfections, Income Distribution and Capital Accumulation," by Joydeep Bhattacharya.
Published in Economic Theory, Vol. 111, 1998, 171-200