## Working Papers

1995

**Evidence on the Role of Cash Flow for Investment,** by Simon Gilchrist and Charles P. Himmelberg, Working Paper EC-95-01, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-01abs.html)

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**Hypothesis Testing with Two-Step GMM Estimators,** by Simon Gilchrist and Charles P. Himmelberg, Working Paper EC-95-02, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-02abs.html)

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**Optimality and Robustness of the English Auction,** by Giuseppe Lopomo, Working Paper EC-95-03, Stern School of Business, N.Y.U., Replaced by more recent version [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-03abs.html)

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**Access and Interconnection Pricing: How Efficient is the Efficient Component Pricing Rule?** by Nicholas Economides and Lawrence J. White, Working Paper EC-95-04, Stern School of Business, N.Y.U., *Antitrust Bulletin* vol. XL, no. 3, (1995) pp. 557-579. [\[Abstract\]](http://edgar.stern.nyu.edu/networks/95-04abs.html) [\[Acrobat ~225K\]](http://raven.stern.nyu.edu/networks/95-04.pdf)

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**Peso Problems: Their Theoretical and Empirical Implications,** by Martin D.D. Evans, Working Paper EC-95-05, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-05abs.html)

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**Sample Selection in the Poisson Regression Model,** by William H. Greene, Working Paper EC-95-06, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-06abs.html) [![](http://web-images.stern.nyu.edu/old_web/emplibrary/ED_pdficon.gif)](http://web-docs.stern.nyu.edu/old_web/emplibrary/Sample_Selection_in_the_Poisson_Regression_Model.pdf)

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**Can Import Protection Become Export Promotion?** by Chris Stefanadis, Working Paper EC-95-07, Stern School of Business, N.Y.U. [\[Abstr](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-07abs.html)[act\]](http://www.stern.nyu.edu/working/Eco-Work/95-07abs.html)

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**Equity Trading Practices and Market Structure: Assessing Asset Managers' Demand for Immediacy,**, by Nicholas Economides and Robert A. Schwartz, Working Paper EC-95-08, Stern School of Business, N.Y.U., *Financial Markets, Institutions &amp; Instruments*, vol. 4, no. 4, (November 1995), pp. 1-47. [\[Abstract\]](http://edgar.stern.nyu.edu/networks/95-08abs.html) [\[Acrobat ~202K\]](http://raven.stern.nyu.edu/networks/95-08.pdf)

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**The Incentive of a Monopolist to Provide All Goods,** by Nicholas Economides, Working PaperEC-95-09, Stern School of Business, N.Y.U. [\[Abstract\]](http://edgar.stern.nyu.edu/networks/95-09abs.html) [\[Acrobat ~22K\]](http://raven.stern.nyu.edu/networks/95-09.pdf)

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**Monopolistic Competition with Two-Part Tariffs,** by Nicholas Economides and Steven S. Wildman, Working Paper EC-95-10, Stern School of Business, N.Y.U. [\[Abstract\]](http://edgar.stern.nyu.edu/networks/95-10abs.html) [\[Acrobat ~533K\]](http://raven.stern.nyu.edu/networks/95-10.pdf)

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**Critical Mass and Network Size with Application to the US Fax Market,** by Nicholas Economides and Charles Himmelberg, Working Paper no. EC-95-11, Stern School of Business, N.Y.U. [\[Abstract\]](http://edgar.stern.nyu.edu/networks/95-11abs.html) [\[Acrobat ~565K\]](http://raven.stern.nyu.edu/networks/95-11.pdf)

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**Technical Standards Coalitions for Network Goods,** by Nicholas Economides and Fredrick Flyer, Working Paper EC-95-12, Stern School of Business, N.Y.U.

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**Dividend Variability and Stock Market Swings,** by Martin D.D. Evans, Working Paper EC-95-13, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-13abs.html)

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**The Term Structure of Credit Risk: Estimates and Specification Tests,** by Robert E. Cumby and Martin D.D. Evans, Working Paper EC-95-14, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-14abs.html)

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**The Variances of Wholesale and Retail Prices: Tests of a Marshallian Hypothesis,** by Andrew Schein, Working Paper EC-95-15, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-15abs.html)

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**Liquidity Models in Open Economies: Theory and Empirical Evidence,** by Vittorio Grilli and Nouriel Roubini, Working Paper EC-95-16, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-16abs.html)

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**Liquidity and Exchange Rates: Puzzling Evidence from the G-7 Countries,** by Vittorio Grilli and Nouriel Roubini, Working Paper EC-95-17, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-17abs.html)

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**Growth Effects of Income and Consumption Taxes: Positive and Normative Analysis,** by Gian Maria Milesi-Ferretti and Nouriel Roubini, Working Paper EC-95-18, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-18abs.html)

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**Foreign Banking in the Central European Economies in Transition,** by Paul Wachtel, Working Paper EC-95-19, Stern School of Business, N.Y.U.

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**Optimal Voucher Privatization Fund Bids When Bidding Affects Firm Performance,** by Barbara G. Katz and Joel Owen, Working Paper EC-95-20, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-20abs.html) *subsequently published in the Journal of Comparative Economics, Vol.24, No.1 (February 1997), pp.25-43*

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**Politically Motivated Fiscal Deficits: Policy Issues in Closed and Open Economies,** by Giancarlo Corsetti and Nouriel Roubini, Working Paper EC-95-21, Stern School of Business, N.Y.U. [\[Abstract\]](http://www.stern.nyu.edu/eco/wkpapers/workingpapers95/95-21abs.html)
