Discussion Papers

94-01
February 1994
Philip Hans Franses
Multi-Step Forecast Error Variances for Periodically Integrated Time Series

94-02
March 1994
Jan K. Brueckner & Alfredo M. Pereira
Housing Ownership and the Business Cycle

94-03R
January 1995
Wouter J. den Haan
Heterogeneity, Aggregate Uncertainty and the Short Term Interest Rate: A Case Study of Two Solution Techniques

94-04
April 1994
Shinichi Sakata & Halbert White
Asymptotic Properties of S-Estimators for Nonlinear Regression Models with Dependent, Heterogeneous Processes

94-05
May 1994
Zhuanxin Ding & Clive W.J. Granger
Modeling Volatility Persistence of Speculative Returns: A New Approach

94-06
May 1994
James E. Rauch
Bureaucracy, Infrastructure, and Economic Growth: Theory and Evidence from U.S. Cities During the Progressive Era

94-07
May 1994
Richard T. Carson, Nicholas E. Flores, Kerry M. Martin & Jennifer L. Wright
Contingent Valuation and Revealed Preference Methodologies: Comparing the Estimates for Quasi-Public Goods

94-08
June 1994
Mark J. Machina
Two Errors in the "Allais Impossibility Theorem"

94-09
June 1994
Richard T. Carson, Leanne Wilks & David Imber
Valuing the Preservation of Australia's Kakadu Conservation Zone

94-10
June 1994
Glenn T. Sueyoshi
Semiparametric Estimation of Generalized Accelerated Failure Time Models with Grouped Data
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94-11
June 1994
Glenn T. Sueyoshi
Regression Based Tests for Non-Nested Alternatives in Grouped Duration Models
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94-12
June 1994
Jack Robles
Evolution and Long Run Equilibria in Coordination Games with Summary Statistic Payoff Technologies
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94-13R
October 1995
Joel Watson
Alternating-Offer Bargaining with Two-Sided Incomplete Information (formerly "Dominance and Equilibrium in Alternating-Offer Bargaining")
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94-14
June 1994
Clara Ponsati & Joel Watson
Multiple-Issue Bargaining and Axiomatic Solutions

94-15
June 1994
Joel Watson
Reputation and Outcome Selection in Supergames

94-16
June 1994
Valentino Dardanoni
Income Distribution Dynamics: Monotone Markov Chains Make Light Work
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94-17
August 1994
Lawrence J. Christiano & Wouter den Haan
Small Sample Properties of GMM for Business Cycle Analysis

94-18
August 1994
Julian R. Betts
The Skill Bias of Technological Change in Canadian Manufacturing Industries
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94-19
August 1994
C.W.J. Granger & Zhuanxin Ding
Stylized Facts on the Temporal and Distributional Properties of Daily Data from Speculative Markets

94-20
September 1994
Joel Watson
Strategy Perturbations in Repeated Games as Rules of Thumb

94-21
September 1994
Xiaohong Chen & Halbert White
Nonparametric Adaptive Learning with Feedback
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94-22
September 1994
Inés Macho-Stadler & J. David Pérez-Castrillo
Optimal Auditing with Heterogeneous Income Sources

94-23
October 1994
Sheila Najberg & Garey Ramey
Bargains and Ripoffs in an Inflationary Economy

94-24
November 1994
James D. Hamilton
Rational Expectations and the Economic Consequences of Changes in Regime

94-25R
June 1995
Robert F. Engle & Joshua Rosenberg
Testing the Term Structure of Stochastic Volatility Models Using Option Hedging Performance Criteria (formerly "Hedging Options in a GARCH Environment: Testing the Term Structure of Stochastic Volatility Models")

94-26
December 1994
Steve Satchell & Allan Timmermann
On the Optimality of Adaptive Expectations: Muth Revisited

94-27R
July 1995
Robert F. Engle, Jeffrey R. Russell
Autoregressive Conditional Duration: A New Model for Irregularly Spaced Time Series Data (formerly "Forecasting Transaction Rates: The Autoregressive Conditional Duration Model")

94-28
December 1994
Graham Elliott
Efficient Tests for a Unit Root when the Initial Observation is Drawn from its Unconditional Distribution

94-29
December 1994
Kyle Bagwell, Garey Ramey & Daniel F. Spulber
Dynamic Retail Price and Investment Competition

94-30
December 1994
Wouter J. den Haan & Andrew Levin
Inferences from Parametric and Non-Parametric Covariance Matrix Estimation Procedures

UCSD Department of Economics
Revised Papers 1994

92-53R
May 1994
Clive W.J. Granger and Norman R. Swanson
An Introduction to Stochastic Unit Root Processes

93-10R
November 1994
Julian R. Betts
Does School Quality Matter? Evidence from the National Longitudinal Survey of Youth

93-27R
April 1994
Lakshmi K. Raut
Construction of Harr Measure on Projective Limit Group and Random Order Values of Non-Atomic Games
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93-32R
March 1994
Jaesun Noh, Robert F. Engle & Alex Kane
Forecasting Volatility and Option Prices of the S&P 500 Index (formerly "A Test of Efficiency for the S&P 500 Index Option Market using Variance Forecasts")
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93-33R
May 1994
Mark J. Machina & David Schmeidler
Bayes without Bernoulli: Simple Conditions for Probabilistically Sophisticated Choice

93-52R
May 1994
Shinichi Sakata & Halbert White
An Alternative Definition of Finite Sample Breakdown Point with Applications to Regression Model Estimators
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