Current awareness http://www.merit.unu.edu/library/ UNU-MERIT 2009 Journal of International Economics Volume 76, Issue 2, Pages 139−416 (December 2008) Heading: Regular Papers 1. Can firms' location decisions counteract the Balassa–Samuelson effect? Pages 139−154 Isabelle Méjean 2. International spillovers and absorptive capacity: A cross−country cross−sector analysis based on patents and citations Pages 155−165 Maria Luisa Mancusi 3. Technical regulations and specialization in international trade Pages 166−176 Azim Essaji 4. Vehicle currency use in international trade Pages 177−192 Linda S. Goldberg, Cédric Tille 5. The anatomy of financial crises: Evidence from the emerging ADR market Pages 193−207 Paolo Pasquariello 6. Differentiated products and evasion of import tariffs Pages 208−222 Beata S. Javorcik, Gaia Narciso 7. Persistent real exchange rates Pages 223−236 Alok Johri, Amartya Lahiri 8. Arbitrage in the foreign exchange market: Turning on the microscope Pages 237−253 Q. Farooq Akram, Dagfinn Rime, Lucio Sarno 9. Trade liberalization and industrial restructuring through mergers and acquisitions Pages 254−266 Holger Breinlich 10. Sovereign defaults: Information, investment and credit Pages 267−275 Guido Sandleris 11. North–South trade and directed technical change Pages 276−295 Gino Gancia, Alessandra Bonfiglioli 12. Globalization and domestic conflict Pages 296−308 Michelle R. Garfinkel, Stergios Skaperdas, Constantinos Syropoulos 13. Trade costs and the Home Market Effect Pages 309−321 Matthieu Crozet, Federico Trionfetti 14. Gains from trade in used goods: Evidence from automobiles Pages 322−336 Sofronis Clerides 15. Financial integration, productivity and capital accumulation Pages 337−355 Alessandra Bonfiglioli 16. Globalization and the dynamics of cultural identity Pages 356−370 Jacques Olivier, Mathias Thoenig, Thierry Verdier 17. Heterogeneous responses of firms to trade protection Pages 371−383 Jozef Konings, Hylke Vandenbussche 18. Interdependent preferential trade agreement memberships: An empirical analysis Pages 384−399 Peter Egger, Mario Larch http://www.sciencedirect.com/science/journal/00221996 Fri, 19 Dec 2008 14:53:24 +0100 Journal of Banking & Finance Volume 33, Issue 2, Pages 183−442 (February 2009) 1. Editorial Board Page IFC 2. Information uncertainty and auditor reputation Pages 183−192 Don M. Autore, Randall S. Billingsley, Meir I. Schneller 3. Do analyst recommendations reflect shareholder rights? Pages 193−202 Don M. Autore, Tunde Kovacs, Vivek Sharma 4. Size matters: Economies of scale in European payments processing Pages 203−210 Christine Beijnen, Wilko Bolt 5. Predicting the bear stock market: Macroeconomic variables as leading indicators Pages 211−223 Shiu−Sheng Chen 6. Do artificial income smoothing and real income smoothing contribute to firm value equivalently? Pages 224−233 Pinghsun Huang, Yan Zhang, Donald R. Deis, Jacquelyn S. Moffitt 7. Organizational distance and use of collateral for business loans Pages 234−243 Gabriel Jiménez, Vicente Salas, Jesús Saurina 8. Explaining bank distress in Eastern European transition economies Pages 244−253 Kadri Männasoo, David G. Mayes 9. Does better corporate governance result in higher valuations in emerging markets? Another examination using a new data set Pages 254−262 Matthew Morey, Aron Gottesman, Edward Baker, Ben Godridge 10. The profitability of small single−market banks in an era of multi−market banking Pages 263−271 Timothy H. Hannan, Robin A. Prager 11. Performance evaluation of portfolio insurance strategies using stochastic dominance criteria Pages 272−280 Jan Annaert, Sofieke Van Osselaer, Bert Verstraete 12. Credit risk drivers: Evaluating the contribution of firm level information and of macroeconomic dynamics Pages 281−299 Diana Bonfim 13. Corporate trade credit and inventories: New evidence of a trade−off from accounts payable and receivable Pages 300−307 Spiros Bougheas, Simona Mateut, Paul Mizen 14. Block ownership and firm−specific information Pages 308−316 Paul Brockman, Xuemin (Sterling) Yan 15. Governance quality and privately negotiated stock repurchases: Evidence of agency conflict Pages 317−325 Oneil Harris, Charmaine Glegg 16. Disappearing internal capital markets: Evidence from diversified business groups in Korea Pages 326−334 Sangwoo Lee, Kwangwoo Park, Hyun−Han Shin 17. An analysis of the liquidity benefits provided by secondary markets Pages 335−346 Tomas Mantecon, Percy Poon 18. Determinants of banks’ risk exposure to new account fraud – Evidence from Germany Pages 347−357 Thomas Hartmann−Wendels, Thomas Mählmann, Tobias Versen 19. Debit or credit? Pages 358−366 Jonathan Zinman 20. From state to private ownership: Issues from strategic industries Pages 367−379 Narjess Boubakri, Jean−Claude Cosset, Omrane Guedhami 21. Great expectations: Banks as equity underwriters Pages 380−389 Susan Chaplinsky, Gayle R. Erwin 22. Getting PPP right: Identifying mean−reverting real exchange rates in panels Pages 390−404 Georgios Chortareas, George Kapetanios 23. Regime switching in the relationship between equity returns and short−term interest rates in the UK Pages 405−414 Ólan T. Henry 24. Are good or bad borrowers discouraged from applying for loans? Evidence from US small business credit markets Pages 415−424 Liang Han, Stuart Fraser, David J. Storey 25. The role of bank monitoring in corporate governance: Evidence from borrowers’ earnings management behavior Pages 425−434 Sungyoon Ahn, Wooseok Choi 26. The changing relationship between earnings expectations and earnings for value and growth stocks during Reg FD Pages 435−442 Pieter J. de Jong, Vince P. Apilado http://www.sciencedirect.com/science/journal/03784266 Fri, 19 Dec 2008 14:53:24 +0100 International Review of Economics & Finance Volume 18, Issue 1, Pages 1−178 (January 2009) Foreign direct Investment: Greenfield Investments, Mergers and Acquisitions, and Joint Ventures Edited by Sajal Lahiri Special Section 1. Foreign direct investment: An overview of issues Pages 1−2 Sajal Lahiri 2. The choice of market entry mode: Greenfield investment, M&A and joint venture Pages 3−10 Horst Raff, Michael Ryan, Frank Stähler 3. Entry strategies into China: The choice between Joint Ventures and Wholly Foreign−Owned Enterprises: An application to the Italian manufacturing sector Pages 11−19 Maria Elena Bontempi, Giorgio Prodi 4. Location choice, competition, and welfare in non−tradable service FDI Pages 20−25 Hiroshi Kurata, Takao Ohkawa, Makoto Okamura 5. Merger and acquisition FDI, relative wealth and relative access to bank credit: Evidence from a bivariate zero−inflated count model Pages 26−30 Woon−Yee Ho, Peiming Wang, Joseph D. Alba 6. Foreign direct investment, tax competition and social expenditure Pages 31−37 Holger Görg, Hassan Molana, Catia Montagna 7. International joint ventures and tax competition in an integrated market Pages 38−44 Litao Zhong, Sajal Lahiri 8. Multinationals and plant exit: Evidence from Chile Pages 45−51 Roberto Alvarez, Holger Görg 9. The impact of multinational entry on domestic market structure and investment Pages 52−62 Stefanie A. Haller 10. Brotherhood of competition: Foreign Direct Investment and domestic mergers Pages 63−69 Ozgur M. Kayalica, Rafael S. Espinosa−Ramirez Regular Articles 11. Trade theorems in a model of vertical production chain Pages 70−80 Yan Ma 12. What determines the level of IPO gross spreads? Underwriter profits and the cost of going public Pages 81−109 Björn Bartling, Andreas Park 13. A note on the hedging effectiveness of GARCH models Pages 110−112 Donald Lien 14. Capital specificity, imperfect labor mobility and growth in developing economies Pages 113−122 John Gilbert, Reza Oladi 15. Stackelberg financial−leader in insider trading model Pages 123−131 Leonard F.S. Wang, Ya−Chin Wang, Shuang Ren 16. Idiosyncratic risk matters! A regime switching approach Pages 132−141 Timotheos Angelidis, Nikolaos Tessaromatis 17. Re−examining the exchange rate pass−through into import prices using non−linear estimation techniques: Threshold cointegration Pages 142−161 Almukhtar S. Al−Abri, Barry K. Goodwin 18. The effects of abandonment options on operating leverage and investment timing Pages 162−171 Kit Pong Wong Book Reviews 19. A review of capital controls and capital flows in emerging economies: Policies practices and consequences. Edited by: Sebastian Edwards. Pages 172−174 Anella Munro 20. Review on optimization methods in finance by Gerard Cornuejols and Reha Tütücü. Pages 175−176 Yuying Li 21. Review on “Debt Defaults and Lessons from a Decade of Crises” by Federico Sturzenegger and Jeromin Zettelmeyer. Pages 177−178 Guido Sandleris http://www.sciencedirect.com/science/journal/10590560 Fri, 19 Dec 2008 14:53:24 +0100 The Economic Journal Volume 119, Issue 534, 2009. −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− Pages: 1−23 Rational Adversaries? Evidence from Randomised Trials in One Day Cricket* V. Bhaskar Pages: 24−46 Suspense: Dynamic Incentives in Sports Contests* William Chan, Pascal Courty, Li Hao Pages: 47−60 Deception Through Telling the Truth?! Experimental Evidence From Individuals and Teams* Matthias Sutter Pages: 61−90 Evolution, Teamwork and Collective Action: Production Targets in the Private Provision of Public Goods* David P. Myatt, Chris Wallace Pages: 91−122 Talking Ourselves to Efficiency: Coordination in Inter−Generational Minimum Effort Games with Private, Almost Common and Common Knowledge of Advice* Ananish Chaudhuri, Andrew Schotter, Barry Sopher Pages: 123−157 Monetary Policy, Endogenous Inattention and the Volatility Trade−off* William A. Branch, John Carlson, George W. Evans, Bruce McGough Pages: 158−171 Measuring Financial Asset Return and Volatility Spillovers, with Application to Global Equity Markets* Francis X. Diebold, Kamil Yilmaz Pages: 172−199 Estimating Trade Restrictiveness Indices* Hiau Looi Kee, Alessandro Nicita, Marcelo Olarreaga Pages: 200−228 On−the−Job Search in a Matching Model with Heterogeneous Jobs and Workers* Juan J. Dolado, Marcel Jansen, Juan F. Jimeno Pages: 229−251 Overconfidence in Forecasts of Own Performance: An Experimental Study* Jeremy Clark, Lana Friesen Pages: 252−276 Trust and Truth* Tore Ellingsen, Magnus Johannesson, Jannie Lilja, Henrik Zetterqvist Pages: 277−297 Optimal Privatisation Using Qualifying Auctions* Jan Boone, Jacob K. Goeree Pages: 298−307 Monopolistic Competition, Growth and Public Good Provision* Paul Pecorino http://www3.interscience.wiley.com/journal/121558231/issue Fri, 19 Dec 2008 14:53:24 +0100 American Economic Review Vol. 98, Issue 5 December 2008 Front Matter (pp: i− i) Articles Land and Power: Theory and Evidence from Chile (pp: 1737− 65) Jean−Marie Baland and James A. Robinson The Costs of Remoteness: Evidence from German Division and Reunification (pp: 1766− 97) Stephen J. Redding and Daniel M. Sturm The Response of Household Saving to the Large Shock of German Reunification (pp: 1798− 1828) Nicola Fuchs−Schundeln The Demand for, and Impact of, Learning HIV Status (pp: 1829− 63) Rebecca L. Thornton Does Job Corps Work? Impact Findings from the National Job Corps Study (pp: 1864− 86) Peter Z. Schochet, John Burghardt and Sheena McConnell Consumption Inequality and Partial Insurance (pp: 1887− 1921) Richard Blundell, Luigi Pistaferri and Ian Preston Liquidity and Insurance for the Unemployed (pp: 1922− 42) Robert Shimer and Ivan Werning Zombie Lending and Depressed Restructuring in Japan (pp: 1943− 77) Ricardo J. Caballero, Takeo Hoshi and Anil K. Kashyap Trading Tasks: A Simple Theory of Offshoring (pp: 1978− 97) Gene M. Grossman and Esteban Rossi−Hansberg Pricing−to−Market, Trade Costs, and International Relative Prices (pp: 1998− 2031) Andrew Atkeson and Ariel Burstein Optimal Tariffs and Market Power: The Evidence (pp: 2032− 65) Christian Broda, Nuno Limao and David E. Weinstein Stocks as Lotteries: The Implications of Probability Weighting for Security Prices (pp: 2066− 2100) Nicholas Barberis and Ming Huang Trend Inflation, Indexation, and Inflation Persistence in the New Keynesian Phillips Curve (pp: 2101− 26) Timothy Cogley and Argia M. Sbordone Contextual Inference in Markets: On the Informational Content of Product Lines (pp: 2127− 49) Emir Kamenica Shorter Papers Conversations among Competitors (pp: 2150− 62) Jeremy C. Stein The Effect of Credit Constraints on the College Drop−Out Decision: A Direct Approach Using a New Panel Study (pp: 2163− 84) Ralph Stinebrickner and Todd Stinebrickner On the Salience of Ethnic Conflict (pp: 2185− 2202) Joan Esteban and Debraj Ray How Do Budget Deficits and Economic Growth Affect Reelection Prospects? Evidence from a Large Panel of Countries (pp: 2203− 20) Adi Brender and Allan Drazen Changes in the Consumption, Income, and Well−Being of Single Mother Headed Families (pp: 2221− 41) Bruce D. Meyer and James X. Sullivan The Impact of Nearly Universal Insurance Coverage on Health Care Utilization: Evidence from Medicare (pp: 2242− 58) David Card, Carlos Dobkin and Nicole Maestas Can Hepatitis B Mothers Account for the Number of Missing Women? Evidence from Three Million Newborns in Taiwan (pp: 2259− 73) Ming−Jen Lin and Ming−Ching Luoh http://www.aeaweb.org/issue.php?journal=AER&volume=98&issue=5&mode=Single Fri, 19 Dec 2008 14:53:24 +0100 This 2008 edition of OECD's periodic survey of the United States economy examines key economic challenges the US will face in the coming years including the financial crisis and health care reform. http://www.sourceoecd.org/vl=744866/cl=11/nw=1/rpsv/ij/oecdjournals/03766438/v2008n16/s1/p1l Fri, 19 Dec 2008 14:53:24 +0100 Economics of Transition Volume 17, Issue 1, 2009. −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− Pages: 1−41 Fostering civil society to build institutionsWhy and when1 Peter Grajzl, Peter Murrell Pages: 43−73 Divestitures, privatization and corporate performance in emerging markets Jan Hanousek, Ev en Ko enda, Jan Svejnar Pages: 75−96 Are property rights enough?Re−evaluating a big−bang claim1 Barbara G. Katz, Joel Owen Pages: 97−119 Regional volatility in emerging countriesThe case of Russia1 Goohoon Kwon, Antonio Spilimbergo Pages: 121−145 The impact of Chinese monetary policy shocks on East and South−East Asia1 Tomasz Koluk, Aaron Mehrotra Pages: 147−173 Women's employment, children and transitionAn empirical analysis for Poland1 Elena Bardasi, Chiara Monfardini Pages: 175−210 Block trades and the benefits of control in Slovenia1 Aleksandra Gregoric, Cristina Vespro Pages: 211−212 Erratum Ricardo Hausmann, Bailey Klinger http://www3.interscience.wiley.com/journal/121561243/issue Fri, 19 Dec 2008 14:53:24 +0100 Technovation Volume 29, Issue 1, Pages 1−76 (January 2009) 1. Editorial Board Page IFC 2. Reviewing: The unsung heroes of excellent journals and publications Pages 1−4 Jonathan D. Linton 3. Changes in the technology spillover structure due to economic paradigm shifts: A driver of the economic revival in Japan's material industry beyond the year 2000 Pages 5−22 Masahiro Nakagawa, Chihiro Watanabe, Charla Griffy−Brown 4. The development of technology infrastructure in Portugal and the need to pull innovation using proactive intermediation policies Pages 23−34 Manuel Laranja 5. Opportunity, embeddedness, endogenous resources, and performance of technology ventures in Taiwan's incubation centers Pages 35−44 Yan−Ru Li, Yiche Chen 6. Does technology management research diverge or converge in developing and developed countries? Pages 45−58 D. Cetindamar, S.N. Wasti, H. Ansal, B. Beyhan 7. Do different types of innovation rely on specific kinds of knowledge interactions? Pages 59−71 Franz Tödtling, Patrick Lehner, Alexander Kaufmann 8. Innovation Networks and Knowledge Clusters. Findings and Insights from the US, EU and Japan, Carayannis, E., Assimakopoulos, D., Kondo, M. Palgrave MacMillan Publishers, New York, NY, USA (2008). 224pp., price $80.00 (hardcover), hardback, ISBN:1−4039−4245−5. Pages 72−73 Elisa Giuliani 9. S. Shane (Ed.). Economic Development Through Entrepreneurship: Government, University, and Business Linkages. Edward Elgar Pub., Cheltenham (2006). 252pp., Price: £59.95, ISBN: 1−84376−855−0. Pages 74−75 Jean−François Auger http://www.sciencedirect.com/science/journal/01664972 Fri, 19 Dec 2008 14:53:24 +0100 Employment Laws in Developing Countries Simeon Djankov Rita Ramalho DE DP7097 PDF Monetary Policy Regimes and the Term Structure of Interest Rates Ruslan Bikbov Mikhail Chernov FE DP7096 PDF Does the Public Employment Service Affect Search Effort and Outcomes? Denis Fougère Jacqueline Pradel Muriel Roger LE DP7095 PDF Estimating the Effect of a Retraining Program on the Re−Employment Rate of Displaced Workers Sandra Cavaco Denis Fougère Julien Pouget LE DP7094 PDF Debt Maturity without Commitment Dirk Niepelt IM PP DP7093 PDF www.cepr.org/DP7093 Naturalization and Employment of Immigrants in France (1968−1999) Denis Fougère Mirna Safi LE DP7092 PDF Financial Market Integration Under EMU Tullio Jappelli Marco Pagano FE DP7091 PDF Venture Capital and Innovation: Which is First? Masayuki Hirukawa Masako Ueda FE DP7090 PDF Venture Capital and Industrial ''Innovation'' Masayuki Hirukawa Masako Ueda FE DP7089 PDF Charitable Giving for Overseas Development: UK Trends Over a Quarter Century Tony Atkinson Peter G. Backus John Micklewright Cathy Pharoah Sylke Viola Schnepf LE DP7087 PDF One Size Fits All? The Effects of Teacher Cognitive and Non−Cognitive Abilities on Student Achievement Erik Grönqvist Jonas Vlachos LE PP DP7086 PDF What Happens During Recessions, Crunches and Busts? Stijn Claessens Ayhan Kose Marco E. Terrones FE DP7085 PDF When Can Central Banks Anchor Expectations? Policy communication and controllability Nicola Acocella Giovanni Di Bartolomeo Andrew Hughes Hallett IM DP7078 http://www.cepr.org/pubs/eDPs/this_week.htm Fri, 19 Dec 2008 14:53:24 +0100 Econometrica Volume 77, Issue 1, 2009. −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− Pages: i−ii Front Matter Pages: 1−28 On Forward Induction Srihari Govindan, Robert Wilson Pages: 29−69 Public vs. Private Offers in the Market for Lemons Johannes Hörner, Nicolas Vieille Pages: 71−92 All−Pay Contests Ron Siegel Pages: 93−105 The Complexity of Forecast Testing Lance Fortnow, Rakesh V. Vohra Pages: 107−133 Decision Theory Applied to a Linear Panel Data Model Gary Chamberlain, Marcelo J. Moreira Pages: 135−175 Nonparametric Identification of Finite Mixture Models of Dynamic Discrete Choices Hiroyuki Kasahara, Katsumi Shimotsu Pages: 177−234 Long−Term Risk: An Operator Approach Lars Peter Hansen, José A. Scheinkman Pages: 235−247 Virtual Determinacy in Overlapping Generations Models Jonathan L. Burke Pages: 249−278 Two New Conditions Supporting the First−Order Approach to Multisignal Principal–Agent Problems John R. Conlon Pages: 279−281 Ancillary Statistics in Principal–Agent Models Bernard Sinclair−Desgagné Pages: 283−306 Bootstrapping Realized Volatility Sílvia Gonçalves, Nour Meddahi Pages: 307−316 Characterization of Revenue Equivalence Birgit Heydenreich, Rudolf Müller, Marc Uetz, Rakesh V. Vohra Pages: 317−318 Corrigendum to "Existence and Uniqueness of Solutions to the Bellman Equation in the Unbounded Case" Econometrica, Vol. 71, No. 5 (September, 2003), 1519–1555 Juan Pablo Rincón−Zapatero, Carlos Rodríguez−Palmero http://www3.interscience.wiley.com/journal/121567754/issue Fri, 19 Dec 2008 14:53:24 +0100 National Bureau of Economic Research Week of December 15, 2008 −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− 1. Credit Constraints, Heterogeneous Firms, and International Trade by Kalina Manova #14531 (ITI) 2. Estimating the Effect of Student Aid on College Enrollment: Evidence from a Government Grant Policy Reform by Helena Skyt Nielsen, Torben Sørensen, Christopher R. Taber #14535 (ED LS PE) 3. Financial Literacy, Information, and Demand Elasticity: Survey and Experimental Evidence from Mexico by Justine S. Hastings, Lydia Tejeda−Ashton #14538 (AG IO PE) 4. Mispricing of S&P 500 Index Options by George M. Constantinides, Jens Carsten Jackwerth , Stylianos Perrakis #14544 (AP) 5. Mandates and the Affordability of Health Care by Sherry A. Glied #14545 (HC) 6. Why are Saving Rates of Urban Households in China Rising? by Marcos Chamon, Eswar Prasad #14546 (IFM) 7. Can Structural Small Open Economy Models Account for the Influence of Foreign Disturbances? by Alejandro Justiniano, Bruce Preston #14547 (EFG) 8. What is a Company Really Worth? Intangible Capital and the "Market to Book Value" Puzzle by Charles R. Hulten, Xiaohui Hao #14548 (PR) 9. Bankruptcy: Past Puzzles, Recent Reforms, and the Mortgage Crisis by Michelle J. White #14549 (LE) 10. Improving Educational Outcomes for Poor Children by Brian Jacob, Jens Ludwig #14550 (CH ED) 11. What are the Effects of Fiscal Policy Shocks? by Andrew Mountford, Harald Uhlig #14551 (EFG IFM PE) 12. An Exploration of Local R&D Spillovers in France by Jacques Mairesse, Benoit Mulkay #14552 (PR) 13. The Slow Decline of East Germany by Harald Uhlig #14553 (EFG ITI LS) 14. Task Trade between Similar Countries by Gene M. Grossman, Esteban Rossi−Hansberg #14554 (EFG ITI) 15. Great Fortunes of the Gilded Age by Hugh Rockoff #14555 (DAE) 16. A Resource Belief−Curse? Oil and Individualism by Rafael Di Tella, Juan Dubra, Robert MacCulloch #14556 (POL) 17. The Evolution of Corporate Ownership After IPO: The Impact of Investor Protection by C. Fritz Foley, Robin Greenwood #14557 (CF LE) 18. Does Openness to International Financial Flows Raise Productivity Growth? by M. Ayhan Kose, Eswar S. Prasad, Marco E. Terrones #14558 (EFG IFM PR) 19. Rebate Rules in Threshold Public Good Provision by Michael A. Spencer, Stephen K. Swallow , Jason F. Shogren, John A. List #14559 (EEE PE) 20. Did Economics Cause World War II? by Robert J. Gordon #14560 (EFG PR) 21. Inflation Targeting and Real Exchange Rates in Emerging Markets by Joshua Aizenman, Michael Hutchison, Ilan Noy #14561 (IFM ITI ME) 22. Sovereign Wealth Funds: Stylized Facts about their Determinants and Governance by Joshua Aizenman, Reuven Glick #14562 (IFM ITI ME) 23. The Supply−Shock Explanation of the Great Stagflation Revisited by Alan S. Blinder, Jeremy B. Rudd #14563 (DAE EFG) 24. Short Run Impacts of Accountability on School Quality by Jonah E. Rockoff, Lesley J. Turner #14564 (ED PE) 25. International Trade in Used Durable Goods: The Environmental Consequences of NAFTA by Lucas W. Davis, Matthew E. Kahn #14565 (EEE IO ITI) 26. The Timing of Labor Demand by Ana Rute Cardoso, Daniel S. Hamermesh, José Varejão #14566 (LS) 27. Pharmaceutical Industry, Drug Quality and Regulation: Evidence from US and Italy by Vincenzo Atella, Jay Bhattacharya, Lorenzo Carbonari #14567 (HC HE) 28. The Cost of Primary Care Doctors by Sherry A. Glied, Ashwin Prabhu, Norman H. Edelman #14568 (HC LS) 29. An Historical Perspective on the Crisis of 2007−2008 by Michael D. Bordo #14569 (ME) 30. The Effects of Housing Assistance on Labor Supply: Evidence from a Voucher Lottery by Brian A. Jacob, Jens Ludwig #14570 (CH ED LS PE) 31. Forecasting Stock Market Returns: The Sum of the Parts is More than the Whole by Miguel A. Ferreira, Pedro Santa−Clara #14571 (AP) 32. Are Health Insurance Markets Competitive? by Leemore Dafny #14572 (HC IO) 33. Season of Birth and Later Outcomes: Old Questions, New Answers by Kasey Buckles, Daniel M. Hungerman #14573 (CH) 34. Multi−market Delegated Asset Management by Zhiguo He, Wei Xiong #14574 (AP CF) 35. The NBER−Rensselaer Scientific Papers Database: Form, Nature, and Function by James D. Adams, J. Roger Clemmons #14575 (PR) http://www.nber.org/new.html#latest Fri, 19 Dec 2008 14:53:24 +0100 Capitalism and Society The Members of the Center on Capitalism and Society, Edmund Phelps (Director), Amar Bhidé, Roman Frydman, Bruce Greenwald, R. Glenn Hubbard, Janusz Ordover, Richard Nelson, Andrzej Rapaczynski, Jeffrey Sachs, Robert Shiller, and Joseph Stiglitz, are pleased to announce a special issue of the journal Capitalism and Society, relating to Phelps's contributions to economics. Macroeconomic Theory for a World of Imperfect Knowledge Roman Frydman and Michael D. Goldberg The Many Contributions of Edmund Phelps: American Economic Association Luncheon Speech Honoring the 2006 Nobel Laureate in Economics James J. Heckman Ned Phelps−The Economist: American Economic Association Luncheon Speech Honoring the 2006 Nobel Laureate in Economics Amartya Sen Edmund Phelps: American Economic Association Luncheon Speech Honoring the 2006 Nobel Laureate in Economics Joseph Stiglitz Discussions and Commentaries Commentary: Revolutionary Times, Then and Now Edmund S. Phelps http://www.bepress.com/cas Fri, 19 Dec 2008 14:53:24 +0100 Journal of Public Economics Volume 92, Issue 12, Pages 2285−2412 (December 2008) New Directions in Fiscal Federalism Edited by Robin Boadway, Thiess Buettner and David E. Wildasin 1. Editorial Board Page IFC 2. New directions in fiscal federalism: Introduction Pages 2285−2287 Robin Boadway, Thiess Buettner and David E. Wildasin 3. Fiscal federalism and lobbying Pages 2288−2301 Massimo Bordignon, Luca Colombo and Umberto Galmarini 4. The effects of partisan alignment on the allocation of intergovernmental transfers. Differences−in−differences estimates for Spain Pages 2302−2319 Albert Solé−Ollé and Pilar Sorribas−Navarro 5. Using a discontinuous grant rule to identify the effect of grants on local taxes and spending Pages 2320−2335 Matz Dahlberg, Eva Mörk, Jørn Rattsø and Hanna Ågren 6. Accountability and fiscal equalization Pages 2336−2349 Christos Kotsogiannis and Robert Schwager 7. Interregional redistribution and budget institutions under asymmetric information Pages 2350−2361 Bernd Huber and Marco Runkel 8. State investment tax incentives: A zero−sum game? Pages 2362−2384 Robert S. Chirinko and Daniel J. Wilson 9. A voluntary brain−drain tax Pages 2385−2391 John Douglas Wilson 10. Competing in taxes and investment under fiscal equalization Pages 2392−2402 Jean Hindriks, Susana Peralta and Shlomo Weber 11. Are regional asymmetries detrimental to tax coordination in a repeated game setting? Pages 2403−2411 Jun−ichi Itaya, Makoto Okamura and Chikara Yamaguchi http://www.sciencedirect.com/science/journal/00472727 Fri, 21 Nov 2008 15:16:39 +0100 Journal of Financial Economics Volume 90, Issue 2, Pages 105−218 (November 2008) 1. Editorial Board Page IFC 2. Information, sell−side research, and market making Pages 105−126 Leonardo Madureira and Shane Underwood 3. Venture capital reputation and investment performance Pages 127−151 Rajarishi Nahata 4. Does the use of peer groups contribute to higher pay and less efficient compensation? Pages 152−168 John M. Bizjak, Michael L. Lemmon and Lalitha Naveen 5. Can hedging tell the full story? Reconciling differences in United States aggregate− and industry−level exchange rate risk premium Pages 169−196 Bill B. Francis, Iftekhar Hasan and Delroy M. Hunter 6. Banks and innovation: Microeconometric evidence on Italian firms Pages 197−217 Luigi Benfratello, Fabio Schiantarelli and Alessandro Sembenelli http://www.sciencedirect.com/science/journal/0304405X Fri, 21 Nov 2008 15:16:39 +0100 European Journal of Political Economy Volume 24, Issue 4, Pages 717−848 (December 2008) Does central bank independence still matter? Edited by Jakob de Haan, Donato Masciandaro and Marc Quintyn Special issue: Does central bank independence still matter? Guest editors: Jakob de Haan, Donato Masciandaro and Marc Quintyn Editorial 1. Does central bank independence still matter? Pages 717−721 Jakob de Haan, Donato Masciandaro and Marc Quintyn Special papers 2. Central bank independence and monetary policymaking institutions — Past, present and future Pages 722−736 Alex Cukierman 3. The conservative central banker revisited: Too conservative is more costly than too liberal Pages 737−741 Peter Tillmann 4. The trade−off between central bank independence and conservatism in a New Keynesian framework Pages 742−747 Sylvester C.W. Eijffinger and Macro M. Hoeberichts 5. Goal independent central banks: Why politicians decide to delegate Pages 748−762 Christopher Crowe 6. Central bank independence and transparency: Evolution and effectiveness Pages 763−777 Christopher Crowe and Ellen E. Meade 7. Does high inflation cause central bankers to lose their job? Evidence based on a new data set Pages 778−787 Axel Dreher, Jan−Egbert Sturm and Jakob de Haan 8. Is there any link between legal central bank independence and inflation? Evidence from Latin America and the Caribbean Pages 788−801 Luis I. Jácome and Francisco Vázquez 9. No single definition of central bank independence is right for all countries Pages 802−816 Pierre L. Siklos 10. Central bank boards around the world: Why does membership size differ? Pages 817−832 Helge Berger, Volker Nitsch and Tonny Lybek 11. Inside and outside the central bank: Independence and accountability in financial supervision: Trends and determinants Pages 833−848 Donato Masciandaro, Marc Quintyn and Michael W. Taylor http://www.sciencedirect.com/science/journal/01762680 Fri, 21 Nov 2008 15:16:39 +0100 Journal of Banking & Finance Volume 32, Issue 12, Pages 2501−2734 (December 2008) 1. Editorial Board Page IFC Accepted under the editorial responsibility of the Previous Managing Editor Professor Giorgio Szego Special Section: Commodities Edited by Helyette Geman 2. Editorial Page 2501 Helyette Geman 3. Spot price modeling and the valuation of electricity forward contracts: The role of demand and capacity Pages 2502−2519 Álvaro Cartea and Pablo Villaplana 4. The price of power: The valuation of power and weather derivatives Pages 2520−2529 Craig Pirrong and Martin Jermakyan 5. Long term spread option valuation and hedging Pages 2530−2540 M.A.H. Dempster, Elena Medova and Ke Tang 6. Computing the market price of volatility risk in the energy commodity markets Pages 2541−2552 James S. Doran and Ehud I. Ronn 7. WTI crude oil Futures in portfolio diversification: The time−to−maturity effect Pages 2553−2559 Hélyette Geman and Cécile Kharoubi Accepted under the editorial responsibility of the Current Managing Editor Professor Ike Mathur Regular Papers 8. Credit derivatives and loan pricing Pages 2560−2569 Lars Norden and Wolf Wagner 9. Corporate governance in banking: The role of the board of directors Pages 2570−2580 Pablo de Andres and Eleuterio Vallelado 10. Liquidity in auction and specialist market structures: Evidence from the Italian bourse Pages 2581−2588 Alex Frino, Dionigi Gerace and Andrew Lepone 11. Combining fair pricing and capital requirements for non−life insurance companies Pages 2589−2596 Nadine Gatzert and Hato Schmeiser 12. Determinants of yield spread dynamics: Euro versus US dollar corporate bonds Pages 2597−2605 Astrid Van Landschoot 13. Macroeconomic cycles and the stock market’s reaction to monetary policy Pages 2606−2616 Arabinda Basistha and Alexander Kurov 14. A first−passage−time model under regime−switching market environment Pages 2617−2627 Mi Ae Kim, Bong−Gyu Jang and Ho−Seok Lee 15. Corporate restructuring in Japan: Who monitors the monitor? Pages 2628−2635 Kotaro Inoue, Hideaki Kiyoshi Kato and Marc Bremer 16. Controlling−minority shareholder incentive conflicts and directors’ and officers’ liability insurance: Evidence from China Pages 2636−2645 Hong Zou, Sonia Wong, Clement Shum, Jun Xiong and Jun Yan 17. The stocks at stake: Return and risk in socially responsible investment Pages 2646−2654 Rients Galema, Auke Plantinga and Bert Scholtens 18. The dynamics of operational loss clustering Pages 2655−2666 Anna Chernobai and Yildiray Yildirim 19. Two−sided coherent risk measures and their application in realistic portfolio optimization Pages 2667−2673 Zhiping Chen and Yi Wang 20. Exploring the nexus between banking sector reform and performance: Evidence from newly acceded EU countries Pages 2674−2683 Sophocles N. Brissimis, Manthos D. Delis and Nikolaos I. Papanikolaou 21. Bank concentration and financial constraints on firm−level investment in Europe Pages 2684−2694 Ronald A. Ratti, Sunglyong Lee and Youn Seol 22. The role of no−arbitrage on forecasting: Lessons from a parametric term structure model Pages 2695−2705 Caio Almeida and José Vicente 23. Individual stock−option prices and credit spreads Pages 2706−2715 Martijn Cremers, Joost Driessen, Pascal Maenhout and David Weinbaum 24. Does corporate international diversification destroy value? Evidence from cross−border mergers and acquisitions Pages 2716−2724 Marcelo B. Dos Santos, Vihang R. Errunza and Darius P. Miller 25. Loan pricing under Basel II in an imperfectly competitive banking market Pages 2725−2733 David Ruthenberg and Yoram Landskroner http://www.sciencedirect.com/science/journal/03784266 Fri, 21 Nov 2008 15:16:39 +0100 Technovation Volume 28, Issue 12, Pages 799−864 (December 2008) 1. Editorial Board Page IFC Refereed papers 2. Why big science has trouble finding big money and small science has difficulties finding small money Pages 799−801 Jonathan D. Linton 3. A biomedical military–industrial complex? Pages 802−811 Judith Reppy 4. On heuristics, narrative and knowledge management Pages 812−817 Robert S. Friedman and Laurence Prusak 5. Chinese vs. European views regarding technology assessment: Convergent or divergent? Pages 818−830 Dominique R. Jolly 6. Upstart startup: “Constructed advantage” and the example of Qualcomm Pages 831−837 Sanford Lakoff 7. Measuring innovation best practices: Improvement of an innovation index integrating threshold and synergy effects Pages 838−854 Helmi Ben Rejeb, Laure Morel−Guimarães, Vincent Boly and N’Doli Guillaume Assiélou 8. The effect of TQM on performance in R&D environments: A perspective from South Korean firms Pages 855−863 Daniel I. Prajogo and Soon W. Hong Erratum 9. Erratum to “Implementation of enterprise resource planning in China” [Technovation 26 (2006) 1324–1336] Page 864 Yahaya Yusuf, Angappa Gunasekaran and Canglin Wu http://www.sciencedirect.com/science/journal/01664972 Fri, 21 Nov 2008 15:16:39 +0100 1. Sectoral Innovation Systems, Corporate Strategies, and Competitiveness of the German Economy in a Globalised World Michael Rothgang 2. Complementary Patents and Market Structure Klaus M. Schmidt; 3. On the Price Elasticity of Demand for Patents Gaetan de Rassenfosse; Bruno van Pottelsberghe de la Potterie 4. Searching for Innovations ? The Technological Determinants of Acquisitions in the Pharmaceutical Industry Gautier Duflos; Etienne Pfister 5. User Innovation in SMEs: Incidence and Transfer to Producers Jeroen de Jong; Eric von Hippel 6. Brain drain, R&D−cost differentials and the innovation gap Fabio Mariani 7. The Effect of R&D Subsidies on Private R&D: Evidence from Italian Manufacturing Data Oliviero A. Carboni 8. International Competition and U.S. R&D Subsidies: A Quantitative Welfare Analysis Giammario Impullitti 9. Does social capital reinforce technological inputs in the creation of knowledge? Evidence from the Spanish regions. Ernest Miguélez; Rosina Moreno; Manuel Artís 10. The London Agreement and the Cost of Patenting in Europe Malwina Mejer; Bruno van Pottelsberghe de la Potterie 11. Licensing Uncertain Patents: Per−Unit Royalty vs Up−Front Fee David Encaoua; Yassine Lefouili 12. Bigger is better: Market size, demand elasticity and innovation Klaus Desmet; Stephen L. Parente 13. Intermediation, reciprocity and compatibility in regional innovation systems − an interregional comparison Uwe Cantner; Andreas Meder; Tina Wolf 14. An Evolutionary Approach to Regional Systems of Innovation Jan Gunnarsson; Torsten Wallin 15. Does Technology Spill Over across National Borders and Technology Regimes? J.W.B. Bos; C. Economidou; B. Candelon http://www.repec.org Fri, 21 Nov 2008 15:16:39 +0100 The Developing Economies Volume 46, Issue 4, 2008. −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− Pages: 331−362 MICRO AND SMALL ENTERPRISE GROWTH IN TURKEY: UNDER THE SHADOW OF FINANCIAL CRISIS emsa ÖZAR, Gökhan ÖZERTAN, Zeynep Burcu RFANO LU Pages: 363−385 PRICE−SETTING BEHAVIOR IN TURKISH INDUSTRIES: EVIDENCE FROM SURVEY DATA Sayg n AH NÖZ, Bedr?ye SARAAO LU Pages: 386−427 CURRENCY CRISES IN EMERGING MARKETS: THE CASE OF POST−LIBERALIZATION TURKEY Mete FERIDUN Pages: 428−446 FOREIGN NETWORKS AND EXPORTS: RESULTS FROM INDONESIAN PANEL DATA Fredrik SJÖHOLM, Sadayuki TAKII Pages: 447−450 Asia−Pacific Economic Cooperation: Critical Perspectives on the World Economy − Edited by Peter Drysdale and Takashi Terada Ippei Yamazawa Pages: 450−453 Defining Poverty in the Developing World − Edited by Frances Stewart, Ruhi Saith, and Barbara Harriss−White Hiroki Nogami Pages: 453−456 Economic Origins of Dictatorship and Democracy − by Daron Acemoglu and James A. Robinson Kazuki Minato Pages: 456−460 Rural Women in Urban China: Gender, Migration, and Social Change − by Tamara Jacka Fumie Ohashi Pages: 460−463 Big Business and Economic Development: Conglomerates and Economic Groups in Developing Countries and Transition Economies under Globalisation − Edited by Alex E. Fernández Jilberto and Barbara Hogenboom Taeko Hoshino Fri, 21 Nov 2008 15:16:39 +0100 Economics Letters Volume 101, Issue 3, Pages 153−306 (December 2008) 1. Editorial Board Page IFC 2. Extra! Extra! Some positive technology shocks are expansionary! Pages 153−156 Michelle Alexopoulos 3. Trade openness and government size Pages 157−159 Michael Benarroch and Manish Pandey 4. Why are people more pro−trade than pro−migration? Pages 160−163 Anna Maria Mayda 5. The price of terror: The effects of terrorism on stock market returns and volatility Pages 164−167 K. Peren Arin, Davide Ciferri and Nicola Spagnolo 6. Obtaining analytic derivatives for a popular discrete−choice dynamic programming model Pages 168−171 Curtis Eberwein and John C. Ham 7. Winner’s curse in toll road concessions Pages 172−174 Laure Athias and Antonio Nuñez 8. Conditional cooperation on three continents Pages 175−178 Martin G. Kocher, Todd Cherry, Stephan Kroll, Robert J. Netzer and Matthias Sutter 9. Delegated contracting, information, and internal control Pages 179−183 Wolfgang Gick 10. On the persistence of the Eonia spread Pages 184−187 Uwe Hassler and Dieter Nautz 11. Testing for unit roots in three−dimensional heterogeneous panels in the presence of cross−sectional dependence Pages 188−192 Monica Giulietti, Jesús Otero and Jeremy Smith 12. What Fisher knew about his relation, we sometimes forget Pages 193−195 Neil Arnwine and Taner M. Yigit 13. Monetary politics in a monetary union: A note on common agency with rational expectations Pages 196−198 Michele Ruta 14. An updated assessment of the Lucas supply curve and the inflation–output trade−off Pages 199−201 Brant Abbott and Cristina Martínez 15. What determines the output drop after an energy price increase: Household or firm energy share? Pages 202−205 Rajeev Dhawan and Karsten Jeske 16. How do different entitlements to unemployment benefits affect the transitions from unemployment into employment? Pages 206−209 John T. Addison and Pedro Portugal 17. Panel AR(1) estimators under misspecification Pages 210−213 Ryo Okui 18. Private versus complete information in auctions Pages 214−216 Florian Morath and Johannes Münster 19. Duopoly can be more anti−competitive than monopoly Pages 217−219 Kenji Fujiwara 20. The effect of temporary contracts on job security of permanent workers Pages 220−222 Franciscos Koutentakis 21. Temporal aggregation, cointegration and causality inference Pages 223−226 Gulasekaran Rajaguru and Tilak Abeysinghe 22. Advertising as a signaling device: Simulated maximum likelihood estimation of a multiple random effects count data model Pages 227−229 Jörgen Hellström and Niklas Rudholm 23. Initial conditions and the outcome of economic reform Pages 230−233 Linda Kaltani and Norman V. Loayza 24. Acceleration effect of uncertainty on technological diffusion Pages 234−236 Koki Oikawa 25. Cournot and Bertrand–Edgeworth competition when rivals' costs are unknown Pages 237−240 Jason J. Lepore 26. A note on optimal paternalism and health capital subsidies Pages 241−242 Thomas Aronsson and Linda Thunström 27. Applicant behaviour in patent examination request lags Pages 243−245 Alfons Palangkaraya, Paul H. Jensen and Elizabeth Webster 28. Are cash transfers made to women spent like other sources of income? Pages 246−248 Norbert Schady and José Rosero 29. Bargaining with many players: A limit result Pages 249−252 Klaus Kultti and Hannu Vartiainen 30. Double−Length Regression tests for testing functional forms and spatial error dependence Pages 253−257 Canh Quang Le and Dong Li 31. A vector integer−valued moving average model for high frequency financial count data Pages 258−261 A.M.M. Shahiduzzaman Quoreshi 32. Vertical mergers and downstream spatial competition with different product varieties Pages 262−264 Hamid Beladi, Avik Chakrabarti and Sugata Marjit 33. Optimal interest rate policy during asset price booms: The mirage of ‘benign neglect’ Pages 265−267 Wolfram Berger and Friedrich Kiβmer 34. Information gathering and the hold−up problem in a complete contracting framework Pages 268−271 Patrick W. Schmitz 35. Does classical competition explain the statistical features of firm growth? Pages 272−274 Simone Alfarano and Mishael Milaković 36. Stochastic dominance representation of optimistic belief: Theory and applications Pages 275−278 Yusuke Osaki and John Quiggin 37. Unit root testing for bubbles: A resurrection? Pages 279−281 George A. Waters 38. A spatial Hausman test Pages 282−284 R. Kelley Pace and James P. LeSage 39. Detecting invalid instruments using L1−GMM Pages 285−287 Chirok Han 40. Testing against nonstationary volatility in time series Pages 288−292 Ke−Li Xu 41. What makes a homegrown terrorist? Human capital and participation in domestic Islamic terrorist groups in the U.S.A. Pages 293−296 Alan B. Krueger 42. Time−series output convergence tests and stationary covariates Pages 297−299 Dimitris K. Christopoulos and Miguel A. León−Ledesma http://www.sciencedirect.com/science/journal/01651765 Fri, 21 Nov 2008 15:16:39 +0100 Journal of Monetary Economics Volume 55, Issue 7, Pages 1171−1336 (October 2008) 1. Editorial board Page IFC 2. Daily monetary policy shocks and new home sales Pages 1171−1190 James D. Hamilton 3. Forming priors for DSGE models (and how it affects the assessment of nominal rigidities) Pages 1191−1208 Marco Del Negro and Frank Schorfheide 4. Consumption and expected asset returns without assumptions about unobservables Pages 1209−1221 Karl Whelan 5. The extensive margin and monetary policy Pages 1222−1237 Paul R. Bergin and Giancarlo Corsetti 6. Firm dynamics, markup variations, and the business cycle Pages 1238−1252 Nir Jaimovich and Max Floetotto 7. Quantifying and sustaining welfare gains from monetary commitment Pages 1253−1276 Paul Levine, Peter McAdam and Joseph Pearlman 8. Optimal sustainable monetary policy Pages 1277−1289 Takushi Kurozumi 9. Deposit rate ceilings and monetary transmission in the US Pages 1290−1302 Karel Mertens 10. Convenient prices, currency, and nominal rigidity: Theory with evidence from newspaper prices Pages 1303−1316 Edward S. Knotek II 11. Structural change, Engel's consumption cycles and Kaldor's facts of economic growth Pages 1317−1328 Reto Foellmi and Josef Zweimüller 12. Changes in risk and the demand for saving Pages 1329−1336 Louis Eeckhoudt and Harris Schlesinger http://www.sciencedirect.com/science/journal/03043932 Fri, 21 Nov 2008 15:16:39 +0100 Repeated electoral competition over non−linear income tax schedules Georges Casamatta Helmuth Cremer Philippe De Donder PP DP7054 PDF The Structure of Protection and Growth in the Late 19th Century Sibylle H. Lehmann Kevin H O'Rourke IM IT DP7053 PDF Additions to Market Indices and the Comovement of Stock Returns around the World Stijn Claessens Yishay Yafeh FE DP7052 PDF Bank Diversification and Incentives Gyöngyi Lóránth Alan Morrison FE DP7051 PDF Storable Votes and Agenda Order Control. Theory and Experiments Alessandra Casella PP DP7050 PDF Labour Markets in EMU − What has Changed and What Needs to Change Giuseppe Bertola IM LE DP7049 PDF Openness, Financial Markets, and Policies: Cross−Country and Dynamic Patterns Giuseppe Bertola Anna Lo Prete IM DP7048 PDF International Taxation and Multinational Firm Location Decisions Salvador Barrios Harry Huizinga Luc Laeven Gaetan Nicodeme PP DP7047 PDF Fundamentals at Odds? The US Current Account Deficit and The Dollar Gian Maria Milesi−Ferretti IM Luddites and the Demographic Transition Kevin H O'Rourke Ahmed Rahman Alan M Taylor IM DP7045 PDF Fiscal Sustainability and Demographics − Should We Save or Work More? Torben M Andersen IM DP7044 Peer Effects and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya Esther Duflo Pascaline Dupas Michael Kremer DE DP7043 PDF Ethnic Parity in Labour Market Outcomes for Benefit Claimants Claire Crawford Lorraine Dearden Alice Mesnard Jonathan Shaw Barbara Sianesi PP DP7042 PDF Globalization and Business Cycle Transmission Michael J Artis Toshihiro Okubo IM DP7041 PDF Are Boys and Girls Affected Differently When the Household Head Leaves for Good? Evidence from School and Work Choices in Colombia Emla Fitzsimons Alice Mesnard DE DP7040 PDF http://www.cepr.org/pubs/eDPs/this_week.htm Fri, 21 Nov 2008 15:16:39 +0100 European Economic Review Volume 52, Issue 8, Pages 1313−1522 (November 2008) 1. Editorial Board Page IFC Regular Papers 2. Buyer investment, export variety, and intrafirm trade Pages 1313−1337 Yongmin Chen, Robert C. Feenstra 3. A portfolio choice model with utility from anticipation of future consumption and stock market mean reversion Pages 1338−1352 Arik Kuznitz, Shmuel Kandel, Vyacheslav Fos 4. The second Engel law: Is it a paradox? Pages 1353−1377 Federico Perali 5. Riding the wave: Monetary responses to aid surges in low−income countries Pages 1378−1395 Edward Buffie, Christopher Adam, Stephen O’Connell, Catherine Pattillo Special Section: Fifty Years Phillips Curve 6. The Phillips Curve at Fifty: Introduction Pages 1396−1397 7. Does immigration affect the Phillips curve? Some evidence for Spain Pages 1398−1423 Samuel Bentolila, Juan J. Dolado, Juan F. Jimeno 8. Testing price equations Pages 1424−1437 Ray C. Fair 9. Liquidity traps, learning and stagnation Pages 1438−1463 George W. Evans, Eran Guse, Seppo Honkapohja 10. Do search frictions matter for inflation dynamics? Pages 1464−1479 Michael U. Krause, David J. Lopez−Salido, Thomas A. Lubik 11. Reconsideration of the P−bar model of gradual price adjustment Pages 1480−1493 Bennett T. McCallum 12. Vacancies, unemployment, and the Phillips curve Pages 1494−1521 Federico Ravenna, Carl E. Walsh http://www.sciencedirect.com/science/journal/00142921 Fri, 21 Nov 2008 15:16:39 +0100 Technological Forecasting and Social Change Volume 75, Issue 9, Pages 1349−1460 (November 2008) 1. Editorial Board Page IFC 2. Structure of research on biomass and bio−fuels: A citation−based approach Pages 1349−1359 Yuya Kajikawa, Yoshiyuki Takeda 3. Mapping expectations for system transformations: Lessons from Sustainability Foresight in German utility sectors Pages 1360−1372 B. Truffer, J.−P. Voß, K. Konrad 4. A multi−level analysis of sustainable mobility transitions: Niche development in the UK and Sweden Pages 1373−1387 Björn Nykvist, Lorraine Whitmarsh 5. The determinants of internationalization: Evidence from the Taiwan high technology industry Pages 1388−1395 Chao−Hung Wang, Li−Chang Hsu, Shyh−Rong Fang 6. A taxonomic review of methods and tools applied in technology assessment Pages 1396−1405 Thien A. Tran, Tugrul Daim 7. The assessment of 3rd generation mobile policy in Korea: A web of stakeholder analysis Pages 1406−1415 Dong Hee Shin 8. Competing risk model for mobile phone service Pages 1416−1422 So Young Sohn, Jae Kang Lee 9. Knowledge flows and innovation capability: The patenting trajectory of Taiwan's thin film transistor−liquid crystal display industry Pages 1423−1438 Mei−Chih Hu 10. An enhanced approach for Trend Impact Analysis Pages 1439−1450 Nedaa Mohamed Ezzat Agami, Ahmed Mohamed Ahmed Omran, Mohamed Mostafa Saleh, Hisham Emad El−Din El−Shishiny http://www.sciencedirect.com/science/journal/00401625 Fri, 21 Nov 2008 15:16:39 +0100 National Bureau of Economic Research Week of November 17, 2008 −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− 1. Carry Trades and Currency Crashes by Markus K. Brunnermeier, Stefan Nagel, Lasse H. Pedersen #14473 (AP EFG IFM ME) http://papers.nber.org/papers/W14473 2. Peer Effects and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya by Esther Duflo, Pascaline Dupas, Michael Kremer #14475 (CH ED) http://papers.nber.org/papers/W14475 3. Why the European Securities Market is Not Fully Integrated by Alberto Giovannini #14476 (IFM) http://papers.nber.org/papers/W14476 4. Outsourcing when Investments are Specific and Complementary by Alla Lileeva, Johannes Van Biesebroeck #14477 (IO PR) http://papers.nber.org/papers/W14477 5. Inequality and Unemployment in a Global Economy by Elhanan Helpman, Oleg Itskhoki, Stephen Redding #14478 (ITI) http://papers.nber.org/papers/W14478 6. The Euro and Structural Reforms by Alberto Alesina, Silvia Ardagna, Vincenzo Galasso #14479 (POL) http://papers.nber.org/papers/W14479 7. Self−Enforcing Stochastic Monitoring and the Separation of Debt and Equity Claims by Harold L. Cole #14480 (EFG) http://papers.nber.org/papers/W14480 8. Globalization and innovation in emerging markets by Yuriy Gorodnichenko, Jan Svejnar, Katherine Terrell #14481 ( ITI PR) http://papers.nber.org/papers/W14481 9. Child Health and Young Adult Outcomes by Janet Currie, Mark Stabile, Phongsack Manivong, Leslie L. Roos #14482 (CH HC HE LS PE) http://papers.nber.org/papers/W14482 10. Reality versus Propaganda in the Formation of Beliefs about Privatization by Rafael Di Tella, Sebastian Galiani, Ernesto Schargrodsky #14483 (POL) http://papers.nber.org/papers/W14483 11. Luddites and the Demographic Transition by Kevin H. O'Rourke, Ahmed S. Rahman, Alan M. Taylor #14484 (DAE) http://papers.nber.org/papers/W14484 12. Can You Recognize an Effective Teacher When You Recruit One? by Jonah E. Rockoff, Brian A. Jacob, Thomas J. Kane, Douglas O. Staiger #14485 (ED) http://papers.nber.org/papers/W14485 13. The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey by Renée Adams, Benjamin E. Hermalin, Michael S. Weisbach #14486 (CF) http://papers.nber.org/papers/W14486 14. Storable Votes and Agenda Order Control. Theory and Experiments by Alessandra Casella #14487 (PE POL) http://papers.nber.org/papers/W14487 15. Capital Structure and Debt Structure by Joshua D. Rauh, Amir Sufi #14488 (CF) http://papers.nber.org/papers/W14488 16. How Central Bankers See It: The First Decade of ECB Policy and Beyond by Stephen G. Cecchetti, Kermit L. Schoenholtz #14489 (ME) http://papers.nber.org/papers/W14489 17. The Economic Consequences of the International Migration of Labor by Gordon H. Hanson #14490 (ITI LS) http://papers.nber.org/papers/W14490 18. The Flattening Firm and Product Market Competition: The Effect of Trade Liberalization by Maria Guadalupe, Julie Wulf #14491 (IO ITI LS) http://papers.nber.org/papers/W14491 19. Understanding Crude Oil Prices by James D. Hamilton #14492 (EEE) http://papers.nber.org/papers/W14492 http://www.nber.org/new.html#latest Fri, 21 Nov 2008 15:16:39 +0100 World Development Volume 36, Issue 12, Pages 2527−2972 (December 2008) Special Section: Social Movements and the Dynamics of Rural Development in Latin America (pp. 2874−2952) Edited by Anthony Bebbington, Ricardo Abramovay and Manuel Chiriboga 1. Editorial Advisory Board Page iii 2. A Human Development Index by Income Groups Pages 2527−2546 Michael Grimm, Kenneth Harttgen, Stephan Klasen, Mark Misselhorn 3. Proposal for a Contingency Debt Sustainability Framework Pages 2547−2565 Benno Ferrarini 4. Giving and Receiving Foreign Aid: Does Conflict Count? Pages 2566−2585 Eliana Balla, Gina Yannitell Reinhardt 5. Liberalizing Autocracies in the Gulf Region? Reform Strategies in the Face of a Cultural−Economic Syndrome Pages 2586−2604 Brigitte Weiffen 6. An Impact Analysis of Microfinance in Bosnia and Herzegovina Pages 2605−2619 Valentina Hartarska, Denis Nadolnyak 7. The Impact of Lending to Women on Household Vulnerability and Women’s Empowerment: Evidence from India Pages 2620−2642 Supriya Garikipati 8. Water Rich, Resource Poor: Intersections of Gender, Poverty, and Vulnerability in Newly Irrigated Areas of Southeastern Turkey Pages 2643−2662 Leila M. Harris 9. Using Irrigation Insurance to Improve Water Usage of the Rio Mayo Irrigation System in Northwestern Mexico Pages 2663−2678 Akssell J. Leiva, Jerry R. Skees 10. Chile: The Unbearable Burden of Inequality Pages 2679−2695 Ramón López, Sebastian J. Miller 11. The Limits of Pension Privatization: Lessons from Argentine Experience Pages 2696−2712 Camila Arza 12. Few Opportunities, Much Desperation: The Dichotomy of Non−Agricultural Activities and Inequality in Western Kenya Pages 2713−2732 Jann Lay, Toman Omar Mahmoud, George Michuki M’Mukaria 13. The Financial Performance of Non−farm Microenterprises in Ghana Pages 2733−2762 Oliver Masakure, John Cranfield, Spencer Henson 14. Management of Natural Resources at the Community Level: Exploring the Role of Social Capital and Leadership in a Rural Fishing Community Pages 2763−2779 Örjan Bodin, Beatrice I. Crona 15. Are We Getting There? Evidence of Decentralized Forest Management from the Tanzanian Miombo Woodlands Pages 2780−2800 Jens Friis Lund, Thorsten Treue 16. Modeling Energy and Development: An Evaluation of Models and Concepts Pages 2801−2821 Bas van Ruijven, Frauke Urban, René M.J. Benders, Henri C. Moll, Jeroen P. van der Sluijs, Bert de Vries, Detlef P. van Vuuren 17. Trade Protection and Capital Imports in the Mexican Manufacturing Sector Pages 2822−2837 Vasilios D. Kosteas 18. Intra− and Inter−industry Externalities from Foreign Direct Investment in the Mexican Manufacturing Sector: New Evidence from Mexican Regions Pages 2838−2854 Jacob A. Jordaan 19. The Cross−industry Spillover of Technological Capability: Korea’s DRAM and TFT–LCD Industries Pages 2855−2873 Tae−Young Park, Jae−Yong Choung, Hong−Ghi Min Special Section: Social Movemements and the Dynamics of Rural Development in Latin America 20. Social Movements and the Dynamics of Rural Territorial Development in Latin America Pages 2874−2887 Anthony Bebbington, Ricardo Abramovay, Manuel Chiriboga 21. Mining and Social Movements: Struggles Over Livelihood and Rural Territorial Development in the Andes Pages 2888−2905 Anthony Bebbington, Denise Humphreys Bebbington, Jeffrey Bury, Jeannet Lingan, Juan Pablo Muñoz, Martin Scurrah 22. Social Movements Beyond the Iron Cage: Weak Ties in Territorial Development Pages 2906−2920 Ricardo Abramovay, Reginaldo Magalhães, Mônica Schröder 23. Neo−Corporatism and Territorial Economic Development: The Ecuadorian Indigenous Movement in Local Government Pages 2921−2936 Pablo Ospina Peralta, Alejandra Santillana Ortiz, María Arboleda 24. Questioning the Relationship between Participation and Development: A case study of the Vale do Ribeira, Brazil Pages 2937−2952 Vera Schattan P. Coelho, Arilson Favareto Comment 25. “Fighting the Tide: Alternative Trade Organizations in the Era of Global Free Trade”—A Comment Pages 2953−2961 M.G. Hayes Reply 26. “Fighting the Tide: Alternative Trade Organizations in the Era of Global Free Trade”—A Reply Pages 2962−2965 Mark S. LeClair Corrigenda 27. Corrigendum to “Poverty Risks and National Parks: Policy Issues in Conservation and Resettlement” [World Development 34 (2006) 1808–1830] Page 2966 Michael M. Cernea, Kai Schmidt−Soltau 28. Corrigendum to “‘Achieving Child−Health−Related Millennium Development Goals: The Role of Infrastructure’—A Reply” [World Development 35 (2007) 929–930] Page 2967 Marianne Fay, Danny Leipziger, Quentin Wodon, Tito Yepes 29. Acknowledgements Pages 2968−2971 http://www.sciencedirect.com/science/journal/0305750X Fri, 21 Nov 2008 15:16:39 +0100 Journal of Monetary Economics Volume 55, Issue 6, Pages 1013−1170 (September 2008) 1. Editorial board Page IFC 2. Money, banking, and monetary policy Pages 1013−1024 Ping He, Lixin Huang and Randall Wright 3. Efficiency improvement from restricting the liquidity of nominal bonds Pages 1025−1037 Shouyong Shi 4. Monetary policy and distribution Pages 1038−1053 Stephen D. Williamson 5. A model of money with multilateral matching Pages 1054−1066 Manolis Galenianos and Philipp Kircher 6. Monetary policy in a channel system Pages 1067−1080 Aleksander Berentsen and Cyril Monnet 7. International evidence on fiscal solvency: Is fiscal policy “responsible”? Pages 1081−1093 Enrique G. Mendoza and Jonathan D. Ostry 8. The fiscal role of conscription in the U.S. World War II effort Pages 1094−1112 Henry E. Siu 9. High exchange−rate volatility and low pass−through Pages 1113−1128 Giancarlo Corsetti, Luca Dedola and Sylvain Leduc 10. Nontraded goods, market segmentation, and exchange rates Pages 1129−1142 Michael Dotsey and Margarida Duarte 11. On the cyclical behavior of employment, unemployment and labor force participation Pages 1143−1157 Marcelo Veracierto 12. Endogenous TFP and cross−country income differences Pages 1158−1170 Juan Carlos Córdoba and Marla Ripoll http://www.sciencedirect.com/science/journal/03043932 Fri, 17 Oct 2008 14:20:53 +0200 The Quarterly Review of Economics and Finance Volume 48, Issue 4, Pages 653−816 (November 2008) 1. Editorial Board Page iii 2. Wages, supervision and sharing Pages 653−672 John G. Sessions 3. Benefit sharing: An incentive mechanism for social control of government expenditure Pages 673−690 Mauricio Bugarin and Laercio Vieira 4. Risk taking by Japanese bond investors: Testing the “reach for yields” hypothesis in the Japanese bond markets Pages 691−707 Shinichi Nishioka and Naohiko Baba 5. The effect of macroeconomic news on German closed−end funds Pages 708−724 Sanjay Ramchander, Marc W. Simpson and Harold Thiewes 6. How well do U.S. consumers predict the direction of change in interest rates? Pages 725−732 Hamid Baghestani and Samer Kherfi 7. A neural network approach for credit risk evaluation Pages 733−755 Eliana Angelini, Giacomo di Tollo and Andrea Roli 8. Shareholder rights and the market reaction to Sarbanes−Oxley Pages 756−771 Seung Hee Choi, Melissa B. Frye and Minhua Yang 9. The impact of preemption of the Georgia Fair Lending Act by the OCC on national and state banks and the dual banking system Pages 772−791 Gary W. Whalen 10. The role of convertible bonds in alleviating contracting costs Pages 792−816 Sudha Krishnaswami and Devrim Yaman http://www.sciencedirect.com/science/journal/10629769 Fri, 17 Oct 2008 14:20:53 +0200 Journal of Public Economics Volume 92, Issues 10−11, Pages 1863−2284 (October 2008) 1. Editorial Board Page IFC 2. Private v. public antitrust enforcement: A strategic analysis Pages 1863−1875 R. Preston McAfee, Hugo M. Mialon and Sue H. Mialon 3. Crime and the labor market: A search model with optimal contracts Pages 1876−1891 Bryan Engelhardt, Guillaume Rocheteau and Peter Rupert 4. VAT, tariffs, and withholding: Border taxes and informality in developing countries Pages 1892−1906 Michael Keen 5. Tariffs, enforcement, and customs evasion: Evidence from India Pages 1907−1925 Prachi Mishra, Arvind Subramanian and Petia Topalova 6. Effects of enforcement on illegal markets: Evidence from migrant smuggling along the southwestern border Pages 1926−1941 Christina Gathmann 7. Religion, terrorism and public goods: Testing the club model Pages 1942−1967 Eli Berman and David D. Laitin 8. Status effects, public goods provision, and excess burden Pages 1968−1985 Ronald Wendner and Lawrence H. Goulder 9. Hyperbolic discounting and uniform savings floors Pages 1986−2002 Benjamin A. Malin 10. Optimum income taxation and layoff taxes Pages 2003−2019 Pierre Cahuc and André Zylberberg 11. How to help unemployed find jobs quickly: Experimental evidence from a mandatory activation program Pages 2020−2035 Brian Krogh Graversen and Jan C. van Ours 12. Evaluating the impact of the French tax credit on the employment rate of women Pages 2036−2047 Elena G.F. Stancanelli 13. To search or not to search? The effects of UI benefit extension for the older unemployed Pages 2048−2070 Tomi Kyyrä and Virve Ollikainen 14. The employment effect of stricter rules for eligibility for DI: Evidence from a natural experiment in Sweden Pages 2071−2082 Anders Karlström, Mårten Palme and Ingemar Svensson 15. Do gender stereotypes reduce girls' or boys' human capital outcomes? Evidence from a natural experiment Pages 2083−2105 Victor Lavy 16. School decentralization: Helping the good get better, but leaving the poor behind Pages 2106−2120 Sebastian Galiani, Paul Gertler and Ernesto Schargrodsky 17. Who merits financial aid?: Massachusetts' Adams Scholarship Pages 2121−2131 Joshua Goodman 18. Estimating permanent and transitory income elasticities of education spending from panel data Pages 2132−2145 Stephen J. Schmidt and Therese A. McCarty 19. The intergenerational transmission of generosity Pages 2146−2156 Mark Ottoni Wilhelm, Eleanor Brown, Patrick M. Rooney and Richard Steinberg 20. Postponing retirement: the political effect of aging Pages 2157−2169 Vincenzo Galasso 21. Prosperity without conflict Pages 2170−2181 Francisco M. Gonzalez and Hugh M. Neary 22. Does grassroots democracy reduce income inequality in China? Pages 2182−2198 Yan Shen and Yang Yao 23. Tax law changes, income−shifting and measured wage inequality: Evidence from India Pages 2199−2224 Jagadeesh Sivadasan and Joel Slemrod 24. The informational role of supermajorities Pages 2225−2239 Emeric Henry 25. A simple scheme to improve the efficiency of referenda Pages 2240−2261 Alessandra Casella and Andrew Gelman 26. Redistribution and optimal mixed taxation in the presence of consumption externalities Pages 2262−2274 Luca Micheletto 27. A note on incomplete factor taxation Pages 2275−2281 Roc Armenter 28. Addendum: The aging population and the size of the welfare state: Is there a puzzle? [Journal of Public Economics 92 (2008) 625–671] Pages 2282−2283 Cameron A. Shelton http://www.sciencedirect.com/science/journal/00472727 Fri, 17 Oct 2008 14:20:53 +0200 National Bureau of Economic Research Week of October 13, 2008 −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− 1. Social Capital and Urban Growth by Edward L. Glaeser, Charles Redlick #14374 (PE) http://papers.nber.org/papers/W14374 2. Inflation−Output Tradeoff as Equilibrium Outcome of Globalization by Alon Binyamini, Assaf Razin #14379 (IFM) http://papers.nber.org/papers/W14379 3. Stabilizing Expectations under Monetary and Fiscal Policy Coordination by Stefano Eusepi, Bruce Preston #14391 (EFG ME) http://papers.nber.org/papers/W14391 4. Temporary Price Changes and the Real Effects of Monetary Policy by Patrick J. Kehoe, Virgiliu Midrigan #14392 (EFG) http://papers.nber.org/papers/W14392 5. Estate Acts, 1600 to 1830: A New Source for British History by Dan Bogart, Gary Richardson #14393 (DAE LE POL) http://papers.nber.org/papers/W14393 6. Modern Management: Good for the Environment or just Hot Air? by Nicholas Bloom, Christos Genakos, Ralf Martin, Raffaella Sadun #14394 (EEE LS PR) http://papers.nber.org/papers/W14394 7. Sudden Stops, Sectoral Reallocations, and the Real Exchange Rate by Timothy J. Kehoe, Kim J. Ruhl #14395 (EFG) http://papers.nber.org/papers/W14395 8. Partial Prescriptions For Decisions With Partial Knowledge by Charles F. Manski #14396 (PE TWP) http://papers.nber.org/papers/W14396 9. Taxing Leisure Complements by Louis Kaplow #14397 (PE) http://papers.nber.org/papers/W14397 10. The Subprime Panic by Gary B. Gorton #14398 (AP CF EFG ME) http://papers.nber.org/papers/W14398 11. Sufficient Statistics for Welfare Analysis: A Bridge Between Structural and Reduced−Form Methods by Raj Chetty #14399 (EFG IO LS PE) http://papers.nber.org/papers/W14399 12. Market Work, Home Work and Taxes: A Cross Country Analysis by Richard Rogerson #14400 (EFG) http://papers.nber.org/papers/W14400 13. Will the TARP Succeed? Lessons From Japan by Takeo Hoshi, Anil K Kashyap #14401 (CF EFG ME) http://papers.nber.org/papers/W14401 http://www.nber.org/new.html#latest Fri, 17 Oct 2008 14:20:53 +0200 With 14.5 million inhabitants and an economy worth over EUR 290 billion, the North of England is larger than many European countries. At the heart of the industrial revolution, the region has been a historic centre for world−changing innovation in transport, computing and in vitro fertilisation. Yet, in the wake of massive losses in manufacturing employment over the past few decades, the region is having to adapt in order to catch up to more prosperous regions in the UK and remain competitive globally. Like many regions around the OECD, the North of England is seeking to support economic development through innovation, with strategies that build on the region's heritage while also looking to develop new strengths. This report reviews how both national policy and regional strategies support innovation in the North and how these efforts could be improved. It will be of interest to policy makers, firms and others active in promoting innovation and regional economic http://titania.sourceoecd.org/vl=2455504/cl=15/nw=1/rpsv/~6685/v2008n10/s5/p92 Fri, 17 Oct 2008 14:20:53 +0200 The Economic Journal Volume 118, Issue 533, 2008. −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− Pages: 1805−1834 Trade and Empire* Kris James Mitchener, Marc Weidenmier Pages: 1835−1865 Discrete Polarisation with an Application to the Determinants of Genocides* Jose G. Montalvo, Marta Reynal−Querol Pages: 1866−1887 Educational Standards in Private and Public Schools* Giorgio Brunello, Lorenzo Rocco Pages: 1888−1916 Innovation and Venture Capital Exits* Armin Schwienbacher Pages: 1917−1936 Global Factors and Emerging Market Spreads* Martín González−Rozada, Eduardo Levy Yeyati Pages: 1937−1970 The Yield Curve and Macroeconomic Dynamics* Peter Hördahl, Oreste Tristani, David Vestin Pages: 1971−1985 Fiscal Policy and Financial Markets* Bernardin Akitoby, Thomas Stratmann Pages: 1986−2012 Energy Prices and the Adoption of Energy−Saving Technology* Joshua Linn Pages: 2013−2046 Financing Constraints and Fixed−term Employment Contracts* Andrea Caggese, Vicente Cuñat Pages: 2047−2059 Contest Efforts in Light of Behavioural Considerations* Eyal Baharad, Shmuel Nitzan Fri, 17 Oct 2008 14:20:53 +0200 Fear of Floating and Pegging: A Simultaneous Choice Model of De Jure and De Facto Exchange Rate Regimes Jürgen von Hagen Jizhong Zhou IM DP7006 PDF Complementary Patents and Market Structure Klaus M. Schmidt IO DP7005 PDF Two to Tangle: Financial Development, Political Instability and Economic Growth in Argentina (1896−2000) Nauro F Campos Menelaos Karanasos Bin Tan PP DP7004 PDF FDI, the Brain Drain and Trade: Channels and Evidence Jaime de Melo Artjoms Ivlevs IT DP7002 PDF Inflation Targeting as the New Golden Standard Avia Spivak Nathan Sussman IM DP7001 PDF Can Deunionization Lead to International Outsourcing? Kjell Erik Lommerud Frode Meland Odd Rune Straume IT PP DP6998 http://www.cepr.org/pubs/eDPs/this_week.htm Fri, 17 Oct 2008 14:20:53 +0200 Financial Review Volume 43, Issue 4, 2008. −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− Pages: 477−507 The External Funding of Academic Finance Research David R. Kuipers, Stephen W. Pruitt Pages: 509−541 U.S. Monetary Policy Surprises and Currency Futures Markets: A New Look Tao Wang, Jian Yang, Marc W. Simpson Pages: 543−567 The Information Content of Multiple Stock Splits Gow−Cheng Huang, Kartono Liano, Herman Manakyan, Ming−Shiun Pan Pages: 569−589 Industry Signals Relayed by Corporate Earnings Restatements Aigbe Akhigbe, Jeff Madura Pages: 591−611 Globalization and Investment Opportunities: A Cointegration Study of Arab, U.S., and Emerging Stock Markets Said Elfakhani, Mahmoud Arayssi, Hanin A. Smahta Fri, 17 Oct 2008 14:20:53 +0200 Regional Science and Urban Economics Volume 38, Issue 6, Pages 533−606 (November 2008) 1. Editorial Board Page IFC 2. Consumption amenities and city population density Pages 533−552 Jordan Rappaport 3. Agglomeration and Cost Economies for Washington State Hospital Services Pages 553−564 Jeffrey P. Cohen and Catherine Morrison Paul 4. Commuters, residents and job competition Pages 565−577 Olivier Pierrard 5. A state−level analysis of the Great Moderation Pages 578−589 Michael T. Owyang, Jeremy Piger and Howard J. Wall 6. FDI location and size: Does employment protection legislation matter? Pages 590−605 Dominique M. Gross and Michael Ryan 7. Author index Pages I−II http://www.sciencedirect.com/science/journal/01660462 Fri, 17 Oct 2008 14:20:53 +0200 Economica Volume 75, Issue 300, 2008. −−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−−− Pages: 617−628 The Discipline of Economics* AMARTYA SEN Pages: 629−661 Dual Economies and International Total Factor Productivity Differences: Channelling the Impact from Institutions, Trade, and Geography AREENDAM CHANDA, CARL−JOHAN DALGAARD Pages: 662−682 Regulation of an Open Access Essential Facility AXEL GAUTIER, MANIPUSHPAK MITRA Pages: 683−699 Evidence on the Functional Relationship between Relative Price Variability and Inflation with Implications for Monetary Policy DAVID FIELDING, PAUL MIZEN Pages: 700−709 Moral Hazard and Background Risk in Competitive Insurance Markets JAMES A. LIGON, PAUL D. THISTLE Pages: 710−728 Does Performance Pay Increase Job Satisfaction? COLIN GREEN, JOHN S. HEYWOOD Pages: 729−748 Agriculture, Diffusion and Development: Ripple Effects of the Neolithic Revolution LOUIS PUTTERMAN Pages: 749−765 Disappearing Defendants versus Judgment−Proof Injurers GIUSEPPE DARI−MATTIACCI, BARBARA M. MANGAN Pages: 766−781 Foreign Aid, Fertility and Human Capital Accumulation LEONID V. AZARNERT Pages: 782−796 The Benefits of Being Economics Professor A (rather than Z) C. MIRJAM VAN PRAAG, BERNARD M.S. VAN PRAAG Pages: 797−798 Public Choice and the Challenges of Democracy. Edited by JOSÉ CASAS PARDO and PEDRO SCHWARTZ ALAN HAMLIN Pages: 798−799 Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth. By WYNNE GODLEY and MARC LAVOIE CHARLES GOODHART Pages: 799−800 The Internationalization of Asset Ownership in Europe. Edited by HARRY HUIZINGA and LARS JONUNG THOMAS P. GEHRIG Pages: 800−801 Understanding Poverty. Edited by ABHISHEK BANERJEE, ROLAND BENABOU and DILIP MUKHERJEE MEGHNAD DESAI Pages: 801−802 Finance Capitalism and Germany's Rise to Industrial Power. By CAROLINE FOHLIN MARKUS BALTZER Pages: 803−804 The Political Economy of Reform Failure. By MATS LUNDAHL and MICHAEL WYZAN FEDERICO STURZENEGGER Pages: 804−805 The Cambridge Companion to Keynes. Edited by ROGER E. BACKHOUSE and BRADLEY W. BATEMAN G. C. HARCOURT Pages: 805−806 The Structure of post−Keynesian Economics: The Core Contributions of the Pioneers. By G. C. Harcourt WARREN YOUNG Fri, 17 Oct 2008 14:20:53 +0200 Journal of Banking & Finance Volume 32, Issue 11, Pages 2287−2500 (November 2008) 1. Editorial Board Page IFC Accepted under the editorial responsibility of the Previous Managing Editor Professor Giorgio Szego Special Section: Financial Services and Capital Markets Edited by Fariborz Moshirian 2. Editorial Page 2287 Fariborz Moshirian 3. Financial services in an increasingly integrated global financial market Pages 2288−2292 Fariborz Moshirian 4. Inflation−indexed swaps and swaptions Pages 2293−2306 Mia Hinnerich 5. Effective fair pricing of international mutual funds Pages 2307−2324 Choong Tze Chua, Sandy Lai and Yangru Wu 6. The expansion of services in European banking: Implications for loan pricing and interest margins Pages 2325−2335 Laetitia Lepetit, Emmanuelle Nys, Philippe Rous and Amine Tarazi 7. The contribution of product mix versus efficiency and technical change in US banking Pages 2336−2345 Gabriel Asaftei 8. Characteristics determining the efficiency of foreign banks in Australia Pages 2346−2360 Jan−Egbert Sturm and Barry Williams 9. Pre−IPO ownership structure and its impact on the IPO process Pages 2361−2375 Arash Alavi, Peter Kien Pham and Toan My Pham 10. Foreign versus local investors: Who knows more? Who makes more? Pages 2376−2389 Petko S. Kalev, Anh H. Nguyen and Natalie Y. Oh Accepted under the editorial responsibility of the Current Managing Editor Professor Ike Mathur Regular Papers 11. The dynamics of quote adjustments Pages 2390−2400 Kee H. Chung, Chairat Chuwonganant and Jing Jiang 12. Can the evolution of implied volatility be forecasted? Evidence from European and US implied volatility indices Pages 2401−2411 Eirini Konstantinidi, George Skiadopoulos and Emilia Tzagkaraki 13. Rating agencies and the role of rating publication rights Pages 2412−2422 Thomas Mählmann 14. Family values: Ownership structure, performance and capital structure of Canadian firms Pages 2423−2432 Michael R. King and Eric Santor 15. The determinants of the voting premium in Italy: The evidence from 1974 to 2003 Pages 2433−2443 Lorenzo Caprio and Ettore Croci 16. Portfolio choice and mortality−contingent claims: The general HARA case Pages 2444−2452 Huaxiong Huang and Moshe A. Milevsky 17. Ex−dividend returns: The Mexican puzzle Pages 2453−2461 Palani−Rajan Kadapakkam and Valeria Martinez 18. Deviations from optimal CEO ownership and firm value Pages 2462−2470 Zhenxu Tong 19. Detecting structural breaks and identifying risk factors in hedge fund returns: A Bayesian approach Pages 2471−2481 Loukia Meligkotsidou and Ioannis D. Vrontos 20. Accurate minimum capital risk requirements: A comparison of several approaches Pages 2482−2492 A. Grané and H. Veiga 21. Cross−country variation in household access to financial services Pages 2493−2500 Patrick Honohan http://www.sciencedirect.com/science/journal/03784266 Fri, 17 Oct 2008 14:20:53 +0200 Journal of Monetary Economics Volume 55, Supplement 1, Pages S1−S126 (October 2008) Contributions to Macroeconomics in Honor of John Taylor − Supplement issue sponsored by the Federal Reserve Bank of Dallas, containing selected papers from an October 12−13, 2007 conference honoring John Taylor 1. Editorial board Page IFC 2. Foreword Page iii 3. Central bank misperceptions and the role of money in interest−rate rules Pages S1−S17 Guenter W. Beck and Volker Wieland 4. Optimal monetary policy with distinct core and headline inflation rates Pages S18−S33 Martin Bodenstein, Christopher J. Erceg and Luca Guerrieri 5. Worldwide macroeconomic stability and monetary policy rules Pages S34−S47 James Bullard and Aarti Singh 6. Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy Pages S48−S62 Andrew T. Levin, J. David López−Salido, Edward Nelson and Tack Yun 7. Taylor rules with real−time data: A tale of two countries and one exchange rate Pages S63−S79 Tanya Molodtsova, Alex Nikolsko−Rzhevskyy and David H. Papell 8. Learning, expectations formation, and the pitfalls of optimal control monetary policy Pages S80−S96 Athanasios Orphanides and John C. Williams 9. Minimally altruistic wages and unemployment in a matching model with monopsony Pages S97−S110 Julio J. Rotemberg 10. Examining the bond premium puzzle with a DSGE model Pages S111−S126 Glenn D. Rudebusch and Eric T. Swanson http://www.sciencedirect.com/science/journal/03043932 Fri, 17 Oct 2008 14:20:53 +0200