Working Papers

From University of Iowa, Department of Economics
University of Iowa, Department of Economics, Henry B. Tippie College of Business, Iowa City, Iowa 52242.
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93-10: Testing the Consumption CAPM with Heavy-Tailed Pricing Errors

Narayana Kocherlakota

93-09: Political Reform and Trade Policy

Raymond Riezman and John Wilson

93-08: Politics and Trade Policy

Raymond Riezman and John Wilson

93-07: Evolutionary Stability in Games of Communication

Andreas Blume, Y.G. Kim and Joel Sobel

93-06: Equilibrium Refinement in Sender-Receiver Games

Andreas Blume

93-05: On the Inferior Power of Outer Product Wald and LM Tests

R.W. Parks and N.E. Savin

93-04: Contract Renegotiation with Adverse Selection and Hidden Information

Andreas Blume

93-03: Settlement and Litigation with Multiple Defendants: The Auditor and Manager

Andreas Blume and D.V. DeJong

93-02: An Evolutionary Approach to Pre-Play Communication

Y.G. Kim and Joel Sobel

93-01: Socially-Influenced Choice: Equity Considerations in Models of Consumer Choice and Games

Andrew Daughety

92-28: Semiparametric Estimation of a Regression Model with an Unknown Transformation of the Dependent Variable

J.L. Horowitz

92-27: The Engine of Growth or Its Handmaiden? A Time Series Assessment of Export-Led Growth

Raymond Riezman, Peter Summers and Charles Whiteman

92-26: On the Determination of Roles in Bargaining Models: Settlement Negotiations with Two-Sided Asymmetric Information

Andrew Daughety and Jennifer Reinganum

92-25: Multi-Country Comparisons of the Consumption-Based CAPM: The Cases of Germany, Japan and USA

A. Roy

92-24: Regional Economies and Market Integration

Robert Tamura

92-23: Stochastic Growth of Quality and Quantity

Robert Tamura

92-22: How to Subsidize Education and Achieve Voluntary Integration: An Analysis of Voucher Systems

Benjamin Eden

92-21: Black-White Wage Differentials: 1967-89; A Reinterpretation

Donal O'Neill, Hakan Ercan and S. Greene

92-20: Education and Income Growth: A Cross Country Study

Donal O'Neill

92-19: Inventories in a Competitive Environment

Benjamin Bental and Benjamin Eden

92-18: Asymmetric Information and the Excess Volatility of Stock Prices

Benjamin Eden and Boyan Jovanovic

92-17: Evolutionary Stability in Games of Communication

Andreas Blume, Y.G. Kim and Joel Sobel

92-16: A Competitive Equilibrium Model of the Entrepreneur- Centered Economy

S.Y. Wu and C.Z. Qin

92-15: A Generalized Model of the Entrepreneur-Centered

S.Y. Wu and C.Z. Qin

92-14: Evolutionarily Stable Strategies in the Repeated Prisoner's Dilemma

Y.G. Kim

92-13: Equilibrium Refinement in Perturbed Games and in Sender- Receiver Games

Andreas Blume

92-12: Equilibrium Refinements in Sender-Receiver Games

Andreas Blume

92-11: Settlement and Litigation with Multiple Defendants: the Auditor and Manager

Andreas Blume and D. DeJong

92-10: Multiple Optima and Asymptotic Approximations in the Partial Adjustment Model

D.A. McManus, J.C. Nankervis and N.E. Savin

92-09: Explaining Business Cycles: A Multiple Shock Approach

Beth Ingram, Narayana Kocherlakota and N.E. Savin

92-08: Measures of Excess Demand and Unemployment in Canada and the United States

C.D. Siebert and M.A. Zaidi

92-07: Is the Minimum Chi-Squared Estimator the Winner in Logit Regression?

Gordon Hughes and N.E. Savin

92-06: Testing a Parametric Model Against a Semiparametric Alternative

J.L. Horowitz and W. Hardle

92-05: Identification and Robustness in the Presence of Errors in Data

J.L. Horowitz and Charles Manski

92-04: Non-Invarience of the Wald Test: The Bootstrap to the Rescue

J.L. Horowitz and N.E. Savin

91-32: Production and Inventory Behavior When Sport Markets are Complete

Benjamin Bental and Benjamin Eden

91-31: An Experiment on Coordination in Multi-Candidate Elections: The Importance of Polls and Election Histories

Robert Forsythe, Roger Myerson, T. Rietz and Robert Weber

91-30: The Adjustment of Prices to Monetary Shocks when Spot Markets Are Complete

Benjamin Eden

91-29: Intra-Play Communication in Repeated Games

Andreas Blume

91-28: Equilibrium Refinement in Sender-Receiver Games

Andreas Blume

91-27: Communication-Proof Equilibria in Cheap-Talk Games

Andreas Blume and Joel Sobel

91-26: World Business Cycles

Raymond Riezman and Charles Whiteman

91-25: A Rexamination of the Consumption Function Using Frequency Domain Regressions

P. Dean Corbae, Sam Ouliaris and Peter Phillips

91-24: Keeping Society in the Dark: On the Admissibility of Pretrial Nogotiations as Evidence in Court

Andrew Daughety and Jennifer Reinganum

91-23: Endogenous Sequencing in Models of Settlement and Litigation

Andrew Daughety and Jennifer Reinganum

91-22: Perfect Competition for Economies with Asymmetric Information

Benjamin Eden

91-21: Bootstrap-Based Critical Values for the Information Matrix test

J.L. Horowitz

91-19: Forward Induction in the Battle of Sexes Games

Russell Cooper, D.V. DeJong, Robert Forsythe and Thomas Ross

91-18: From Decay to Growth: A Dynamic Equilibrium Model of Income Distribution

Robert Tamura

91-17: Fertility, Human Capital and the "Wealth of Nations"

Robert Tamura

91-16: Efficient Equilibrium Convergence: Heterogeneity and Growth

Robert Tamura

91-15: Initial Versus Continuing Proposal Power in Legislative Seniority Systems

R.D. McKelvey and Raymond Riezman

91-14: An Economic Analysis of the Droit de Suite

John Solow

91-13: Anatomy of a Market

Robert Forsythe, F. Nelson, G.R. Neumann and J. Wright

91-12: Semiparametric Estimation of a Work-Trip Mode Choice Model

J.L. Horowitz

91-11: What in the Best Estimator of the ML Covariance in Linear Regression Models?

R.W. Parks and N.E. Savin

91-10: A Lagrange Multiplier Test of Uniformity Against Beta Alternatives

Martin Sefton

91-09: On Managing Externalities: The Demand for Competitive Balance in the NFL

G.R. Neumann and Robert Tamura

91-08: Endogenous Market Participation and General Equilibrium Value of Money

Satyajit Chatterjee and P. Dean Corbae

91-07a: Money Non-Neutrality when Spot Market are Complete

Benjamin Eden

91-06: Prodoctivity, Market Power and Capacity Utilization when Spot Market Are Complete

Benjamin Eden and Zvi Griliches

91-05: The Case for Trend-Stationarity is Stronger than we Thought

David DeJong and Charles Whiteman

91-04: An Experimental Study of Voting Rules and Polls in Three- Way Elections

Robert Forsythe, Roger Myerson, T. Rietz and Robert Weber

91-03: Asset Pricing in a Dynamic Economy with Moral Hazard: Theory and Tests

Narayana Kocherlakota

91-02: Renting and selling: Higher Profits from Renegotiation- Proof Rental Contracts

Andreas Blume

90-30: Post Econometric Policy Evaluation: A Critique

Beth Ingram

90-30a: Endogenous Market Participation and the General Equelibrium Value of Money

S. Chatterjee and P. Dean Corbae

90-29: Bubbles and Constraints on Debt Accumulation

Narayana Kocherlakota

90-01rev: Bargaining with Private Information

John Kennan and Robert Wilson