Economics Working Papers

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University of California at Berkeley, Berkeley, CA USA.
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8899: Extensions of Estimation Methods Using the EM Algorithm

Paul Ruud

8898: The Trend in the Rate of Labor Force Participation of Older Men, 1870-1930: A Review of the Evidence

Roger L. Ransom and Richard Sutch.

8897: The U.S. Basic Industries in the 1980s: Can Fiscal Policies Explain Their Changing Competitive Position?

Barry Eichengreen and Lawrence H. Goulder.

8896: Some Reflections on the Use of the Concept of Power in Economics

Pranab Bardhan

8895: Mobility Barriers and the Value of Incumbency

Richard Gilbert

8894: The Responsibilities of a Creditor Nation

Barry Eichengreen

8893: Raiders, Junk Bonds, and Risk

Roger Craine and Douglas Steigerwald.

8892: Economic Growth and Generalized Depreciation

Steven M. Goldman and Vai-Lam Mui.

8891: Management of a Common Currency

Alessandra Casella and Jonathan Feinstein.

8890: Cheap Talk with Two Audiences: A Taxonomy

Joseph Farrell and Robert Gibbons.

8889: The Role of Potential Competition in Industrial Organization

Richard Gilbert

8888: Entry, Acquisition, and the Value of Shark Repellent

Richard J. Gilbert and David M. Newbery.

8887: Estimation of the Probability of Acquisition in an Equilibrium Setting

Bronwyn Hall

8886: Foreign Lending in the Interwar Years: The Bondholders' Perspective

Barry Eichengreen and Richard Portes.

8885: Settling Defaults in the Era of Bond Finance

Barry Eichengreen and Richard Portes.

8883: Cheap Talk, Neologisms, and Bargaining

Joseph Farrell and Robert Gibbons.

8880: Horizontal Mergers: An Equilibrium Analysis

Joseph Farrell and Carl Shapiro.

8879: Regulation Games

Richard J. Gilbert and David M. Newbery.

8878: Capitalist Technology: Endogenous Claim Enforcement and the Choice of Technique

Samuel Bowles.

8877: Class Analysis Versus World System? Epitaph for a False Opposition

Samuel Bowles.

8876: Contested Exchange: Political Economy and Modern Economic Theory

Samuel Bowles and Herbert Gintis.

8875: Labor Discipline and Aggregate Demand: A Macroeconomic Model

Samuel Bowles and Robert Boyer.

8874: Forward Discount Bias: Is It an Exchange Risk Premium?

Kenneth A. Froot and Jeffrey A. Frankel.

8873: Risky Business: The Allocation of Capital

Roger Craine.

8872: Factors Determining the Flow of Capital From Japan to the United States

Jeffrey Frankel

8871: The Opportunity Cost of Defense Spending: A General Equilibrium Analysis

David W. Roland-Holst, Sherman Robinson and Laura D'Andrea Tyson.

8870: Asset Values and Economic Fundamentals

Roger Craine.

8869: How the Bondholders Fared: Realized Rates of Return on Foreign Dollar Bonds Floated in the 1920s

Barry Eichengreen and Carolyn Werley.

8868: The Flexible Exchange Rate System: Experience and Alternatives

Rudiger Dornbusch and Jeffrey Frankel.

8867: Capitalists Without Capital: The Burden of Slavery and the Impact of Emancipation

Roger L. Ransom and Richard Sutch.

8866: Recent Estimates of Time-Variation in the Conditional Variance and in the Exchange Risk Premium

Jeffrey Frankel

8865: Dynamic Competition with Switching Costs

Joseph Farrell and Carl Shapiro.

8864: Coordination through Committees and Markets

Joseph Farrell and Garth Saloner.

8863: Cheap Talk Can Matter in Bargaining

Joseph Farrell and Robert Gibbons.

8762: Political vs. Currency Premia in International Real Interest Differentials: A Study of Forward Rates for 24 Countries

Jeffrey A. Frankel and Alan T. MacArthur.

8761: Alternative Approaches to the Theory of Institutions in Economic Development

Pranab Bardhan

8760: Second-Sourcing as a Commitment: Monopoly Incentives to Attract Competition

Joseph Farrell and Nancy T. Gallini.

8759: Renegotiation in Repeated Games

Joseph Farrell and Eric Maskin.

8758: Optimal Contracts with Lock-In

Joseph Farrell and Carl Shapiro.

8757: A Multistage Duel in Continuous Time

Leo Simon

8756: Discontinuous Games and Endogenous Sharing Rules

Leo K. Simon and William R. Zame.

8755: Real Exchange Rate Behavior under Alternative International Monetary Regimes: Interwar Evidence

Barry Eichengreen

8754: Some Reflections on Comparative Latin American Economic Performance and Policy

Albert Fishlow

8753: Market Forces or Group Interests: Inconvertible Currency in Pre-1914 Latin America

Albert Fishlow

8752: Monetary and Portfolio Balance Models of Exchange Rate Determination

Jeffrey Frankel

8751: Did International Economic Forces Cause the Great Depression?

Barry Eichengreen

8750: Credibility, the Optimal Speed of Trade Liberalization, Real Interest Rates, and the Latin American Debt

Jeffrey A. Frankel, Kenneth A. Froot, and Alejandra Mizala Salces.

8749: The Principle of Maximum Deterrence Revisited

Patrick Bolton

8748: Learning Through Price Experimentation by a Monopolist Facing Unknown Demand

Philippe Aghion, Patrick Bolton and Bruno Jullien.

8747: Information and the Coase Theorem

Joseph Farrell