Working Papers

From Department of Economics, The University of Auckland
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181: The Role of Political Parties in the Organization of Congress: Theory and Evidence

John Boyce and Diane Bischak

180: The Shaping of Research Agendas in International Economic Organizations: Illustrations from the World Bank, IMF and OECD

Anthony Endres and G.A. Fleming

179: Trade Liberalisation and Factor Returns

Tina Kao

178: Deviance Information Criterion as a Model Comparison Criterion for Stochastic Volatility Models

Andreas Berg, Renate Meyer and Jun Yu

177: Bias in Dynamic Panel Estimation with Fixed Effects, Incidental Trends and Cross Section Dependence

Peter Phillips and Donggyu Sul

176: The Determinants of Optimal Interchange Fees in Payment Systems

Julian Wright

175: Forecasting Volatility in the New Zealand Stock Market

Jun Yu

174: Directed Search without Price Directions

Benoit Julien, John Kennes and Ian King

173: Competing Payment Schemes

Graeme Guthrie and Julian Wright

172: Panel Dynamic OLS Cointegration Vector Estimation and Long-Run Money Demand

Nelson Mark and Donggyu Sul

171: The Mulitnational Corporation and the Environment: Testing The Pollution Haven Hypothesis

Ravi Ratnayake and Michael Wydeveld

170: Private and Public Returns to Investments in Secondary and Higher Education in NZ over time: 1981- 1996

Sholeh Maani

169: Foundations of Strategic Equilibrium

John Hillas and Elon Kohlberg

168: Estimation of a Self-Exciting Poisson Jump Diffusion Model by the Empirical Characteristic Function Method

Jun Yu

167: Emissions Taxation in Durable Goods Oligopoly

Gregory Goering and John Boyce

166: The Maxim Criterion and Randomised Behaviour Reconsidered

Matthew Ryan

165: Ideology, Asymmetric Information, and Campaign Contributions to Politicians

John Boyce

164: On A New Measure of Human Capital and Its Impact on Gross Domestic Product

Debasis Bandyopadhyay, P Lahiri and Feng Yu

163: Economic Progress and Skill Obsolescene

Peter Kennedy and Ian King

162: Procyclical Skill Retooling and Equilibrium

Ian King and Arthur Sweetman

161: Exact Gaussian Estimation of Continuous Time Models of The Term Structure of Interest Rates Rankings of Economics Departments in New Zealand

Peter Phillips and Jun Yu

160: Trust and Trustworthiness in a Sequential Bargaining Game

Ananish Chaudhuri, Sarah Khan, Aishwarya Lakshmiratan, Anne-Laure Py and Lisa Shah

159: Economic Growth and the Environment in High-Performing East Asian Countries: Lessons from South Korea

Ravi Ratnayake and Kim Woo-Young

158: Evolution of IWI Organisations for the Management of Commercial Fisheries Assets

Marama Findlay

157: Distribution of Human Capital and Economic Growth

Debasis Bandyopadhyay

156: Public Disclosure of Patent Applications, R&D, and Welfare

Reiko Aoki and Yossi Spiegel

155: Oligopolisic Business-to-Business E-Market and Welfare

Reiko Aoki

154: Auction Beats Posted Prices in a Small Market

Benoit Julien, John Kennes and Ian King

153: School Leaving, Labour Market and Tertiary Education Choices of Young Adults: An Economic Analysis Utilising The 1977-1995 Christchurch Health and Development Surveys

Sholeh Maani

152: A Dynamic Analysis of the Evolution of Conventions in a Public Goods Experiment with Intergenerational Advice

Ananish Chaudhuri, Pushkar Maitra and Sara Graziano

151: Industry Premium: What we Know and What The New Zealand Data Say

Debasis Bandyopadhyay

150: Parental Income and the Choice of Participation in University, Polytechnic or

Sholeh Maani

149: Discrete Fourier Transforms of Fractional Processes August

Peter Phillips

148: Modern Theories of Entrepreneurial Behavior: An Appraisal

Anthony Endres and Christine Woods

147: Patent Licensing with Spillovers

Reiko Aoki and Yair Tauman

146: Cournot and Bertrand Competition with Vertical Quality Differentiation

Reiko Aoki

145: Asymptotic Power Advantages of Long-Horizon Regressions

Nelson Mark and Donggyu Sul

144: Dynamic Seemingly Unrelated Cointegrating Regression

Nelson Mark, Masao Ogaki and Donggyu Sul

143: What Do Uncertainty-Averse Decision-Makers Believe? A Note

Matthew Ryan

142: Open and Closed: Some Historical Dimensions of New Zealand's Participation in the World Economy

Kenneth Jackson

141: Prewhitening Bias in HAC Estimation

Donggyu Sul, Peter Phillips and Chi-Young Choi

140: Does Enviromental Regulation Stimulate Innovative Responses? Evidence from U.S. Manufacturing

Ravi Ratnayake

139: Two-way Interconnection with Partial Consumer Participation

Aaron Schiff

138: MCMC Methods for Estimating Stochastic Volatility Models with Liverage Effects: Comments on Jacquier, Polson and Rossi (2002)

Jun Yu

137: On The Relation Among Some Definitions Of Strategic Stability

John Hillas, Mathijis Jansen and Jos Potters

136: Gender Differences in Trust and Reciprocity

Ananish Chaudhuri and Lata Gangadharan