UCLA Economics Working Papers

From UCLA Department of Economics
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344: Limited Countercyclical Policy in a Corridor Teory of Consumption

Sean Becketti and John Haltiwanger

343: How Should We Measure Slackness in the Labor Market?*

John Haltiwanger and Mark Plant

342: The Economics of Information: A Sequential Model of Capital Mobility*

B.P. McCall and J.J. McCall

341: Economic Aspects of the Taxation of Decontrolled Natural Gas

Michael J. Boskin, Marc S. Robinson and Mark J. Ferron

340: Collusion and the Choice of Auction

Marc S. Robinson

339: Unemployment-Rate Dynamics and Persistent Unemployment Under RAtional Expectations

Michael Darby, John Haltiwanger and Mark Plant

338: The Pros and Cons of Renegotiation

John Haltiwanger and Michael Waldman

337: On the Emotions as Guarantors of Threats and Promises

Jack Hirshleifer

336: Testin Linear REstrictions in Two-Stage Least Squares Regressions

Mark W. Plant

335: Groves Mechanisms in Continuum Economies

Louis Makowski and Joseph Ostroy

334: Signalling in Credit Markets

Hellmuth Milde and John Riley

333: Vickrey-Clarke-Groves Mechanisms and Perfect Competition

Louis Makowski and Joseph Ostroy

332: The Economics of Resale Price Maintenance

Benjamin Klein and Kevin Murphy

331: Comparative Productivity of Inventors in Emerging Research Organizations: Some Evidence from the U.S. Petroleum Industry

Ben T. Yu

330: A Comparison of Markets and Tournaments

Bruce Kobayashi and Ben T. Yu

329: Two Models of Speculation and Information

Jack Hirshleifer

328: The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments

Sebastian Edwards

327: Rational Expectations in the Aggregate

John Haltiwanger and Michael Waldman

326: The Voluntary Provision of Public Goods- Descending-Weight Social Composition Functions

Jack Hirshleifer

325: On the Existence of Walrasian Equilibrium in Large-Square Economies

Joseph Ostroy

324: The Interrelationships of Rents, Externalities and the Law

James R. Marchand and Lothar Wegehenkel

323: LDC's Foreign Borrowing and Default Risk: An Empirical Investigation 1976-1980

Sebastian Edwards

322: Landlord- Tenant Laws and Indigent Black Tenants

Werner Z. Hirsch

321: A Model of Inventory and Layoff Behavior Under Uncertainty

John Haltiwanger and Louis Maccini

320: The Economic Approach to Conflict

Jack Hirshleifer

319: Reverse Regressions for Latent Variable Models

David Levine

318: Contract Costs and Administered Prices: An Economic Theory of Rigid Wages

Benjamin Klein

317: Asymmetric Equilibrium in the War of Attrition

Barry Nalebuff and John Riley

316: Money, the Rate of Devaluation and Interest Rates in a Semi-Open Economy: Columbia 1986-1982

Sebastian Edwards

315: Tax Reform and Strong Substitutes

Tatsuo Hatta and John Haltiwanger

314: Forms of Competition and Contracting in the Primitive Marketing of Collective Goods

Earl A. Thompson

313: The Welfare Effects of Trade and Capital Market Liberalization: Consequences of Different Sequencing Scenarios

Sebastian Edwards and Sweder van Wijnbergen

312: The Persistence of Nominal Shocks in a Particular Equilibrium Model

Sean Becketti

311: Investment in Fixed and Working Capital During Early Industrialization: Evidence from U.S. Manufacturing Firms

Kenneth Sokoloff

310: The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments: A Survey of the Major Issues

Sebastian Edwards

309: Stabilization with Liberalization: An Evaluation of Ten Years of Chile's Experiment with Free Market Policies, 1973-1983

Sebastian Edwards

308: The Welfare Cost of Resource Taxation

Marc S. Robinson

307: Social Security and Physical Capital: An Interpretation of the Evidence, Lessons and Outlook

Marc Robinson

306: Limited Collusion and Entry Deterence

Michael Waldman

305: A Contractual Remedy to Premature Innovation: The Vertical Integration of Brand-Name Specific Research

Ben T. Yu

304: The U.S. Productivity Slowdown: A Case of Statistical Myopia

Michael Darby

303: Rational Expectations and the Limits of Rationality: An Analysis of Heterogeneity

John Haltiwanger and Michael Waldman

302: Rational Expectations and Monetary Institutions

Axel Leijonhufvud

301: Why Bad Wokers Receive Raises

John Haltiwanger and Michael Waldman

300: Was the Transition from the Artisanal Shop to the Factory Associated with Gains in Efficiency?: Evidence from the U.S. Manufacturing Censuses of 1820 and 1850

Kenneth Sokoloff

299: What Would Keynes Have Thought of Rational Expectations?

Axel Leijonhufvud

298: LDC's Foreign Borrowing and Default Risk: An Empirical Investigation 1976-1980

Sebastian Edwards

297: Binding Future Governments: Tax Contracts and Resource Development

David C. Nellor and Marc S. Robinson

296: Global Sensitivity Results for Generalized Least Squares Estimates

Edward Leamer

295: The Social Welfare Consequences of Limiting Nonexcludability: An Analytical Approach

Ian Novos and Michael Waldman