NYU Stern

Working Papers

1994

Trade Orientation Measurement and Consequences, by Holger C. Wolf, Working Paper EC-94-01, Stern School of Business, N.Y.U.


Market Failures, Government Failures, and Economic Development. by Lawrence J. White, Working Paper EC-94-02, Stern School of Business, N.Y.U.


How to Enhance Market Liquidity, by Nicholas Economides, Working Paper EC-94-03, Stern School of Business, N.Y.U., in Global Equity Markets, Robert A. Schwartz (ed.), Irwin Professional. New York: 1995. [Abstract] [Acrobat ~40K]


Financial Intermediation and Economic Growth: A Historical Comparison of the U.S., U.K. and Canada, by Paul Wachtel and Peter Rousseau, Working Paper EC-94-04, Stern School of Business, N.Y.U.


The Incentive for Vertical Integration, by Nicholas Economides, Working Paper EC-94-05, Stern School of Business, N.Y.U. [Abstract] [Acrobat ~290K]


The Quality of Complex Systems and Industry Structure by Nicholas Economides and William Lehr, Discussion Paper EC-94-06, Stern School of Business, N.Y.U. in William Lehr (ed.), Quality and Reliability of Telecommunications Infrastructure. Lawrence Erlbaum. Hillsdale: 1994. [Abstract] [Acrobat ~162K]


Is Downstream Forclosure a Barrier to Upstream Entry? by Chris Stefanadis, EC-94-07, Stern School of Business, N.Y.U.


Exchange Rate Pass-Through in U.S. Manufacturing Industries: A Demand Side Story, by Angelos A. Antzoulatos and Jiawen Yang, Working Paper EC-94-08, Stern School of Business, N.Y.U.

subsequently published in the International Trade Journal, Vol. X, No.3, Fall 1996, pp. 325-352

 


Reverse Engineering the Yield Curve, by David K. Backus and Stanley E. Zin, Working Paper EC-94-09, Stern School of Business, N.Y.U.


Accounting for Excess Zeros and Sample Selection in Poisson and Negative Binomial Regression Models, by William H. Greene, Working Paper EC-94-10, Stern School of Business, N.Y.U.


The Delayed Miracle: New Zealand 1984-1994, by Holger C. Wolf, Working Paper EC-94-11, Stern School of Business, N.Y.U.


The Excess Sensitivity of Consumption to Information About Income: Borrowing Constraints, "Rule-of-Thumb" Behavior, or Information Aggregation Bias? by Angelos A. Antzoulatos, Working Paper EC-94-12, Stern School of Business, N.Y.U.

subsequently published in the Journal of Macroeconomics, Vol. 19, No. 3, Summer 1997, pp. 539-553, with new title "The Excess Sensitivity of Consumption to Information about Income"


U.S. Banking Regulation: Multiple Dimensions, Multiple Consequences,by Lawrence J. White, Working Paper EC-94-13, Stern School of Business, N.Y.U.


Testing the Expectations Hypothesis on the Term Structure of Implied Volatilities in Foreign Exchange Options, by Jose Manuel Campa and P.H. Kevin Chang, Working Paper EC-94-14, Stern School of Business, N.Y.U.

subsequently published in the Journal of Finance, Vol. 50, No. 2, June 1995, pp.529-547


Equilibrium Fee Schedules in a Monopolist Call Market, by Nicholas Economides and Jeff Heisler, Discussion Paper no. EC-94-15, Stern School of Business, N.Y.U. [Abstract] [Acrobat ~351K]


The Max-Min Principle of Product Differentiation, by Nicholas Economides,Asim Ansari and Joel Steckel, Discussion Paper no. EC-94-16, Stern School of Business, N.Y.U.


Commercial Paper, Corporate Finance and the Business Cycle: A Microeconomic Perspective, by Charles W. Calomiris, Charles P. Himmelberg, and Paul Wachtel, Working Paper EC-94-17, Stern School of Business, N.Y.U.


How Many Monies? A Genetic Approach to Finding Optimum Currency Areas,by Atish R. Ghosh and Holger C. Wolf, EC-94-18, Stern School of Business, N.Y.U.


Terms of Trade, Productivity, and the Real Exchange Rate, by Jose De Gregorio and Holger C. Wolf, Working Paper EC-94-19, Stern School of Business, N.Y.U.


Relative Price Changes Across US-States, by Jose De Gregorio and Holger C. Wolf, Working Paper EC-94-20, Stern School of Business, N.Y.U.


Pricing in International Markets: Lessons from The Economist, by Atish R. Ghosh and Holger C. Wolf, Working Paper EC-94-21, Stern School of Business, N.Y.U.


Quality Choice and Vertical Integration by Nicholas Economides, Discussion Paper no. EC-94-22, Stern School of Business, N.Y.U. [Abstract] [Acrobat ~50K]


Financial Innovation, Intermediation, and Long Run Growth, by Peter L. Rousseau, Working Paper EC-94-23, Stern School of Business, N.Y.U.


The Economics of Networks, by Nicholas Economides, Discussion Paper EC-94-24, Stern School of Business, N.Y.U., forthcoming, International Journal of Industrial Organization 1~ (1996). [Abstract] [Acrobat ~1188K]


Explaining the Time Path of Unemployment: The Differential Role of Growth, Business Cycles, Search Intensity and Labor Supply Factors, by Eran Yashiv, Working Paper EC-94-25, Stern School of Business, N.Y.U.


The Economic Role of the Japanese Intermarket Keiretsu, by Chris Stefanadis, Working Paper EC-94-26, Stern School of Business, N.Y.U.


Financial System Design for Formerly Planned Economies: Defining the Issues, by Gregory F. Udell and Paul Wachtel, Working Paper EC-94-27, Stern School of Business, N.Y.U.


Arbitrage Opportunities in Arbitrage-Free Models of Bond Pricing, by David K. Backus, Silverio Foresi, and Stanley E. Zin, Working Paper EC-94-28, Stern School of Business, N.Y.U.