Discussion Papers

CFDP 1154 Stefano G. Athanasoulis, Robert J. Shiller, "The Significance of the Market Portfolio," (June 1997) [32pp, Abstract] [See 997]
CFDP 1153 Donald W. K. Andrews, "Estimation When a Parameter Is on a Boundary: Theory and Applications," (June 1997) [92pp, Abstract] [See 988]
CFDP 1152 William D. Nordhaus, "Beyond the CPI: An Augmented Cost of Living Index (ACOLI)," (May 1997) [15pp, Abstract]
CFDP 1151 Oliver B. Linton, "Second Order Approximation in a Linear Regression with Heteroskedasticity for Unknown Form," (May 1997) [34pp, Abstract]
CFDP 1150 James Tobin, "Supply Constraints on Employment and Output: NAIRU versus Natural Rate," (April 1997) [25pp, Abstract]
CFDP 1149 James Tobin, "Can We Grow Faster?," (April 1997) [25pp, Abstract]
CFDP 1148 Yanqin Fan, Oliver B. Linton, "Some Higher Order Theory for a Consistent Nonparametric Model Specification Test," (February 1997) [39pp, Abstract]
CFDP 1147 A. De Waegenaere, Heracles M. Polemarchakis, L. Ventura, "Asset Markets and Investment Decisions," (February 1997) [25pp, Abstract]
CFDP 1146R Donald W. K. Andrews, "Consistent Moment Selection Procedures for Generalized Method of Moments Estimation," (January 1997, Revised November 1997) [23pp, Abstract] [See 979]
CFDP 1145 Robert J. Shiller, "Expanding the Scope of Individual Risk Management: Moral Hazard and Other Behavioral Considerations," (January 1997) [17pp, Abstract]
CFDP 1144 Ariel Pakes, Paul McGuire, "Stochastic Algorithms for Dynamic Models: Markov Perfect Equilibrium, and the ‘Curse’ of Dimensionality," (January 1997) [32pp, Abstract]
CFDP 1143 John Geanakoplos, "Promises Promises," (December 1996) [32pp, Abstract] [See 1057]
CFDP 1142 Jeremy I. Bulow, Paul D. Klemperer, "The Generalized War of Attrition," (December 1996) [24pp, Abstract]
CFDP 1141R Donald W. K. Andrews, Moshe Buchinsky, "On the Number of Bootstrap Repetitions for Bootstrap Standard Errors, Confidence Internals, and Tests," (November 1996, Revised August 1997) [52pp, Abstract] [See 1125]
CFDP 1140 Oliver B. Linton, Pedro Gozalo, "Conditional Independence Restrictions: Testing and Estimation," (November 1996) [47pp, Abstract]
CFDP 1139 M. Ali Khan, Yeneng Sun, "Hyperfinite Asset Pricing Theory," (November 1996) [60pp, Abstract]
CFDP 1138 Dirk Bergemann, Juuso Välimäki, "Market Diffusion with Two-Sided Learning," (November 1996) [43pp, Abstract]
CFDP 1137 John C. Chao, Peter C. B. Phillips, "Bayesian Posterior Distributions in Limited Information Analysis of the Simultaneous Equations Model Using the Jeffreys’ Prior," (November 1996) [35pp, Abstract] [See 970]
CFDP 1136 Heracles M. Polemarchakis, P. Siconolfi, "Prices, Asset Markets and Indeterminacy," (November 1996) [18pp, Abstract]
CFDP 1135 Peter C. B. Phillips, "Spurious Regression Unmasked," (October 1996) [38pp, Abstract]
CFDP 1134 Peter C. B. Phillips, Chin Chin Lee, "Efficiency Gains from Quasi-Differencing under Nonstationarity," (September 1996) [14pp, Abstract]
CFDP 1133 S. Ghosal, Heracles M. Polemarchakis, "Exchange and Optimality," (September 1996) [18pp, Abstract]
CFDP 1132 Per Bak, Maya Paczuski, Martin Shubik, "Price Variations in a Stock Market with Many Agents," (September 1996) [43pp, Abstract]
CFDP 1131R3 John Geanakoplos, "Nash and Walras Equilibrium via Brouwer," (August 1996, Revised February 2002) [20pp, Abstract] [See 1058]
CFDP 1131R2 John Geanakoplos, "Nash and Walras Equilibrium via Brouwer," (August 1996, Revised June 2001) [17pp, Abstract]
CFDP 1131R John Geanakoplos, "Nash and Walras Equilibrium Via Brouwer," (August 1996, Revised August 2000) [17pp, Abstract]
CFDP 1130R Yoon-Jae Whang, Oliver B. Linton, "The Limiting Behavior of Kernel Estimates of the Lyapunov Exponent for Stochastic Time Series," (August 1996, Revised October 1997) [47pp, Abstract]
CFDP 1129 Ray C. Fair, "Estimated Inflation Costs Had European Unemployment Been Reduced in the 1980s by Macro Prices," (August 1996) [20pp, Abstract]
CFDP 1128 John Geanakoplos, "The Hangman's Paradox and Newcomb's Paradox as Psychological Games," (July 1996) [20pp, Abstract]
CFDP 1127 Imre Bárány, Herbert E. Scarf, "Matrices with Identical Sets of Neighbors," (May 1996) [12pp, Abstract] [See 973]
CFDP 1126R Charalambos D. Aliprantis, Donald J. Brown, J. Werner, "Hedging with Derivatives in Incomplete Markets," (May 1996, Revised June 1997) [13pp, Abstract]
CFDP 1125 John Y. Campbell, Robert J. Shiller, "A Scorecard for Indexed Government Debt," (May 1996) [47pp, Abstract]
CFDP 1124 Donald W. K. Andrews, Xuemei Liu, Werner Ploberger, "Tests of Seasonal and Non-Seasonal Serial Correlation," (May 1996) [35pp, Abstract] [See 971]
CFDP 1123R4 John Geanakoplos, "Three Brief Proofs of Arrow's Impossibility Theorem," (, Revised August 2004) [6pp, Abstract] [See 1116]
CFDP 1123R3 John Geanakoplos, "Three Brief Proofs of Arrow's Impossibility Theorem," (April 1996, Revised July 2001) [6pp, Abstract]
CFDP 1123R2 John Geanakoplos, "Three Brief Proofs of Arrow's Impossibility Theorem," (April 1996, Revised August 2000) [6pp, Abstract]
CFDP 1123R John Geanakoplos, "Two Brief Proofs of Arrow's Impossibility Theorem," (April 1996) [6pp, Abstract]
CFDP 1122 Dirk Bergemann, Juuso Välimäki, "Market Experimentation and Pricing," (April 1996) [39pp, Abstract]
CFDP 1121 Ray C. Fair, "Testing the Standard View of the Long-Run Unemployment-Inflation Relationship," (April 1996) [32pp, Abstract]
CFDP 1120 Donald W. K. Andrews, "A Stopping Rule for the Computation of Generalized Method of Moments Estimators," (April 1996) [29pp, Abstract] [See 945]
CFDP 1119 Donald W. K. Andrews, Marcia A. Schafgans, "Semiparametric Estimation of a Sample Selection Model," (April 1996) [35pp, Abstract] [See 965]
CFDP 1118 Oliver B. Linton, "An Asymptotic Expansion in the Garch(1,1) Model," (March 1996) [35pp, Abstract]
CFDP 1117 William D. Nordhaus, David Popp, "What is the Value of Scientific Knowledge? An Application to Global Warming Using the PRICE Model," (March 1996) [49pp, Abstract] [See 941]
CFDP 1116 Ray C. Fair, Diane J. Macunovich, "Explaining the Labor Force Participation of Women 20-24," (March 1996, Revised February 1997) [24pp, Abstract]
CFDP 1115 Robert J. Shiller, "Why Do People Dislike Inflation?," (March 1996) [54pp, Abstract]
CFDP 1114 Simon Grant, Atsushi Kajii, Ben Polak, "Preference for Information," (January 1996) [44pp, Abstract] [See 974]
CFDP 1113 Dirk Bergemann, Juuso Välimäki, "Learning and Strategic Pricing," (January 1996) [33pp, Abstract]
CFDP 1112 Martin Shubik, "Time and Money," (January 1996) [20pp, Abstract]
CFDP 1111R Donald W. K. Andrews, "A Conditional Kolmogorov Test," (September 1995, Revised April 1996) [44pp, Abstract] [See 949]
CFDP 1110 Robert J. Shiller, Ryan Schneider, "Labor Income Indices Designed for Use in Contracts Promoting Income Risk Management," (August 1995) [33pp, Abstract] [See 964]