UCLA Economics Working Papers

From UCLA Department of Economics
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700: The Consequences of Price Instability on Search Markets

Mariano Tommasi

699: Don't be Ignorant: Price Dispersion is Not a Measure of Ignorance in the Market

Mariano Tommasi

698: Information, Enforcement Costs and Cartel Stability: An Empirical Investigation

Andrew R. Dick

697: Trade Blocs and Multilateral Free Trade

Deepak Lal

696: Notes on Money, Debt and Alternative Monetary Regimes for Brazil

Deepak Lal

695: Cooperation, Conflict, and All That

Jack Hirshleifer

694: Equilibrium Asset Pricing Models and Predictability of Excess Returns

Mohammad Pesaran and Simon Potter

693: A Nonlinear Approach to U.S. GNP

Simon Potter

692: The Benefits of Imperfect Competition Under Price Controls

Kazimierz Stanczak

691: From the History of Astronomy to the Wealth of Nations: Wonderful Wheels and Invisible Hands in Adam Smith's Major Works

Francesco Luna

690: Does Openness Matter? How to Appraise the Evidence

Deepak Lal

689: Endowments, Technology, and Factor Markets: A Natural Experiment of Induced Institutional Innovation from China's Rural Reform

Justin Lin

688: Meeting the Competition, Guaranteed Retailer Margins, and Vertical Price-Fixing

David A. Butz

687: Debt Financing and Manager-Shareholder Agency Costs

David A. Butz

686: Behind the Diffusion Curve: An Analysis of ATM Adoption

Sunil Sharma

685: The Political Economy of Stabilization in Brazil

Deepak Lal and Sylvia Maxfield

684: Price Controls, Inflation, and Welfare in the Steady-State

Kazimierz Stanczak

683: A Devaluation With Labor-Intensive Trading and Inelastic Labor Supply

Kazimierz Stanczak

682: Competing Monies and the Big Polish Inflation of 1989

Kazimierz Stanczak

681: Intertemporal Pricing in Search Markets, Customer Markets and Price Rigidity

Mariano Tommasi

680: Real Business Cycles and the Animal Spirits Hypothesis

Roger Farmer and Jang-Ting Guo

679: In Praise of the Classics: The Relevance of Classical Political Economy for Development Policy and Research

Deepak Lal

678: Recurrent High Inflation and Stabilization, A Dynamic Game

Guillermo Mondino, Federico Sturzenegger and Mariano Tommasi

677: Employer-Provided Job Training: Who Really Pays?

Nancy Cole

676: Long Term Competition-A Game Theoretic Analysis

Robert Aumann and Lloyd Shapley

675: Interactions of Real GNP Business Cycles in a Three Country Time Series Model

Masanao Aoki

674: Anarchy and Its Breakdown

Jack Hirshleifer

673: Efficiency and the Role of Default When Security Markets are Incomplete

William Zame

672: General Equilibrium and Market Socialism: Clarifying the Logic of Competitive Markets

Louis Makowski and Joseph Ostroy

671: Individual and Collective Wage Bargaining

Anat Levy and Lloyd Shapley

670: Bureaucrats, Subordinates, and the Failure of Soviet Marxism

Victor Layenov, John Majewski and Kenneth Sokoloff

669: Group Duration Analysis of the Proportional Hazard Model: Minimum Chi-square Estimators and Specification Tests

Keunkwan Ryu

668: Relationship of Forecast Encompassing to Composite Forecasts with Simulations and an Application

Keunkwan Ryu and Kuo-yuan Liang

667: Adjustment Dynamics and Equilibrium Selection in Coordination Games

Youngse Kim

666: Debt Constraints and Equilibrium in Infinite Horizon Economies with Incomplete Markets

David Levine and William Zame

665: A Note on the Benefits of Inflation in the Economies with Price Controls and the Cash-In-Advance Black Markets

Kazimierz Stanczak

664: The Implications of Convex Arbitrage Costs for International Macroeconomics

Kazimierz Stanczak

663: Devaluations and Revaluations Without Capital Mobilityand PPP

Kazimierz Stanczak

662: Odd Man Out: Bargaining Among Three Players

Elaine Bennett and Harold Houba

661: Inflation and Relative Prices Evidence from Argentina

Mariano Tommasi

660: "Deadlock" Societies, The Allocation of Time and Growth Performance

Federico Sturzenegger and Mariano Tommasi

659: The French Revolution and Financial Markets: A Look Beyond Government Debt

Jean-Laurent Rosenthal

658: Inflation and Social Welfare in a Model with Endogenous Financial Adaptation

Federico Sturzenegger

657: Hyperinflation with Currency Substitution: Introducing an Indexed Currency

Federico Sturzenegger

656: Currency Substitution and the Regressivity of Inflationary Taxation

Federico Sturzenegger

655: The Welfare Effects of Inflation, The Consequences of Price Instability on Search Markets

Mariano Tommasi

654: Kernels of Replicated Market Games

Lloyd Shapley

653: Estimation Using Contingent Valuation Data From a "Dichotomous Choice with Follow-Up" Questionnaire

Trudy Cameron and John Quiggin

652: The Affections and the Passions: Their Economic Logic

Jack Hirshleifer

651: Technological Change and Agricultural Household Income Distribution: Evidence from Hybrid Rice Innovation in China

Justin Lin