Faculty Publications

Recent and past publications by members of the Economics Department are listed. The date headings below refer to one year's output, starting July 1 and ending June 30.

Forthcoming Publications
2023-2024 | 2022-2023 | 2021-2022 | 2020-2021  | 2019-2020  | 2018-2019
2017-2018  | 2016-2017  | 2015-2016  | 2014-2015  | 2013-2014  | 2012-2013  |
2011-2012  | 2010-2011
2009-2010  | 2008-2009  | 2007-2008  | 2006-2007  |
2005-2006  | 2004-2005  | 2003-2004  | 2002-2003 
2001-2002  | 2000-2001  | 1999-2000  | 1998-1999  | 1997-1998  | 1996-1997  | 1995-1996  | 1994-1995

1998-1999

AGUIRREGABIRIA, V.

Aguirregabiria, V. 1999. The Dynamics of Markups and Inventories in Retailing Firms. Review of Economic Studies 66(2) (227): 275-308.

ANDOLFATTO, D.

Andolfatto, D., and P. Gomme. 1998. Unemployment and Economic Welfare. Federal Reserve Bank of Cleveland: Economic Review 34 (3): 25-34.

BUSCH, L. -A.

Busch, L. -A., and I. J. Horstmann. 1999. Signaling Via an Agenda in Multi-Issue Bargaining With Incomplete Information. Economic Theory 13 (3): 561-575.

Busch, L. -A., S. Shi, and Q. Wen. 1998. Bargaining With Surplus Destruction. Canadian Journal of Economics 31 (4): 915-932.

CHUNG, T. -Y.

Che, Y. -K., and T. -Y. Chung. 1999. Contract Damages and Cooperative Investments. RAND Journal of Economics 30 (1): 84-105.

Chung, T. -Y. 1998. Commitment Through Specific Investment in Contractual Relationships. Canadian Journal of Economics 31 (5): 1057-1075.

COWAN, R.

Cowan, R., and J. H. Miller. 1998. Technological Standards with Local Externalities and Decentralized Behaviour. Journal of Evolutionary Economics 8 (3): 285-296.

DAVIES, J. B.

Davies, J. B. 1999. Age, Wealth Inequality and Life-Cycle Modelling. The Geneva Papers on Risk and Insurance 24 (1): 64-76.

Davies, J. B. 1999. The Distribution of Wealth and Economic Inequality (Chapter 6). Social Inequality in Canada: Patterns, Problems, Policies. 3rd ed. J. Curtis, E. Grabb, and N. Guppy. Scarborough, ON: Prentice Hall Allyn and Bacon Canada Inc. 66-77.

Boessenkool, K., and J. B. Davies. 1998. Giving Mom and Dad a Break: Returning Fairness to Families in Canada's Tax and Transfer System. Commentary No. 117. Toronto, ON: C.D. Howe Institute. 32 pp.

Davies, J. B. 1998. Reform the Personal Income Tax. Policy Options 19 (10): 17-19.

GHOSH, M.

Bhattarai, K., M. Ghosh, and J. Whalley. 1999. On Some Properties of a Trade Closure Widely Used in Numerical Modelling. Economics Letters 62 (1): 13-21.

GOVINDAN, S.

Govindan, S., and A. J. Robson. 1998. Forward Induction, Public Randomization, and Admissibility. Journal of Economic Theory 82 (2): 451-457.

HARLEY, C. K.

Harley, C. K. 1999. Reassessing the Industrial Revolution: A Macro View (Chapter 3). The British Industrial Revolution: An Economic Perspective. 2nd ed. J. Mokyr. Boulder, CO: Westview Press. 160-205.

Harley, C. K. 1998. The Shift from Sailing Ships to Steamships, 1850-1890: A Study in Technological Change and Its Diffusion (Part I, Chapter 4). Historical Foundations of Globalization. J. Foreman-Peck. Cheltenham, UK: Edward Elgar Publishing Limited. 52-68. The Globalization of the World Economy; 5; An Elgar Reference Collection.

Harley, C. K. 1998. The World Food Economy and pre-World War I Argentina (Part II, Chapter 7). Historical Foundations of Globalization. J. Foreman-Peck. Cheltenham, UK: Edward Elgar Publishing Limited. 133-158. The Globalization of the World Economy; 5; An Elgar Reference Collection.

HORSTMANN, I. J.

Busch, L.-A., and I. J. Horstmann. 1999. Signaling Via an Agenda in Multi-Issue Bargaining With Incomplete Information. Economic Theory 13 (3): 561-575.

KNIGHT, J. L.

Jiang, G., and J. L. Knight. 1999. Finite Sample Comparison of Alternative Estimators of Itô Diffusion Processes: A Monte Carlo Study. The Journal of Computational Finance 2 (3): 5-38.

Lin, S. -J., J. L. Knight, and S. Satchell. 1999. Modelling Intra-day Equity Prices and Volatility Using Information Arrivals - A Comparative Study of Different Choices of Informational Proxies (Chapter 2). Financial Markets Tick by Tick: Insights in Financial Market Microstructure. P. Lequeux. New York, NY: John Wiley & Sons. 27-64.

Knight, J. L., and S. Satchell. (Editors). 1998. Forecasting Volatility in the Financial Markets. Woburn, MA: Butterworth-Heinemann. ix, 354 pp.

Knight, J. L., and S. Satchell. 1998. GARCH Predictions and the Predictions of Option Prices (Chapter 8). Forecasting Volatility in the Financial Markets. J. L. Knight, and S. Satchell. Woburn, MA: Butterworth-Heinemann. 226-244.

Knight, J. L., and S. Satchell. 1998. GARCH Processes - Some Exact Results, Some Difficulties and a Suggested Remedy (Chapter 13). Forecasting Volatility in the Financial Markets. J. L. Knight, and S. Satchell. Woburn, MA: Butterworth-Heinemann. 321-346.

Knight, J. L., and S. Satchell. 1998. Introduction. Forecasting Volatility in the Financial Markets. J.L. Knight, and S. Satchell. Woburn, MA: Butterworth-Heinemann. ix.

Maekawa, K., J. L. Knight, and H. Hisamatsu. 1998. Finite Sample Comparisons of the Distributions of the OLS and GLS Estimators in Regression with an Integrated Regressor and Correlated Errors. Econometric Reviews 17 (4): 387-413.

KRUEGER, M.

Krueger, M. 1999. Dynamic Hedging in Currency Crisis. Economics Letters 62 (3): 347-350.

Krueger, M. 1999. Monetary Policy Implications of Digital Money: A Comment. Kyklos 52 (2): 259-262.

LAIDLER, D. E. W.

Laidler, D. E. W. 1999. Fabricating the Keynesian Revolution: Studies of the Inter-war Literature on Money, the Cycle, and Unemployment. Historical Perspectives on Modern Economics. New York, NY: Cambridge University Press. xvi, 380 pp. Includes bibliographical references and index.

Laidler, D. E. W. 1999. Notes on Inflation Targeting (Chapter 1). Money and Macroeconomic Policy: Essays in Honour of Bernard Corry and Maurice Peston, Volume One. S. Daniel, P. Arestis, and J. Grahl. Northampton, MA: Edward Elgar Publishing, Inc. 3-17.

Laidler, D. E. W. 1999. Variations on a Two-Interest-Rate Theme (Chapter 6). Money, Markets and Method: Essays in Honour of Robert W. Clower. P. Howitt, E. de Antoni, and A. Leijonhufvud. Northampton, MA: Edward Elgar Publishing, Inc. 121-139.

Laidler, D. E. W. 1998. The Wicksell Connection, the Quantity Theory and Keynes. Proceedings of the German Economic Association. Studies in the Development of Economic Theory, No. 18. E.W. Streissler. New Series No. 115. Berlin: Duncker and Humblot. 15-34.

Laidler, D. E. W., and G. Stadler. 1998. Monetary Explanations of the Weimar Republic's Hyperinflation: Some Neglected Contributions in Contemporary German Literature. Journal of Money, Credit and Banking 30 (4): 816-831.

LIPMAN, B. L.

Lipman, B. L. 1999. Decision Theory without Logical Omniscience: Toward an Axiomatic Framework for Bounded Rationality. Review of Economic Studies 66(2) (227): 339-361.

PALMER, J. P.

Heyne, P., and J. P. Palmer. 1999. The Economic Way of Thinking. 1st Canadian ed. Scarborough, ON: Prentice Hall Canada Inc. xxi, 531 pp.

PARKIN, M.

McTaggart, D., C. Findlay, and M. Parkin. 1999. Economics. 3rd Australian ed. South Melbourne, Australia: Addison Wesley Longman Australia Pty Limited. xxxii, 840 pp. Includes index.

Lane, J., and M. Parkin. 1998. Turnover in an Accounting Firm. Journal of Labor Economics 16 (4): 702-717.

Parkin, M. 1998. Unemployment, Inflation, and Monetary Policy (Presidential Address). Canadian Journal of Economics 31 (5): 1003-1032.

ROBSON, A. J.

Robson, A. J., C. Bergstrom, and J. Pritchard. 1999. Risky Business: Sexual and Asexual Reproduction in Variable Environments. Journal of Theoretical Biology 197 (4) 541-556.

Govindan, S., and A. J. Robson. 1998. Forward Induction, Public Randomization, and Admissibility. Journal of Economic Theory 82 (2): 451-457.

Robson, A. J. 1998. Naive Adaptive Behavior and the Observability of Gambles. Games and Economic Behavior 24 (1/2): 97-108. Special Issue: Robert J. Aumann, Part 2.

SEGAL, U.

Makowski, L., J. Ostroy, and U. Segal. 1999. Efficient Incentive Compatible Economies are Perfectly Competitive. Journal of Economic Theory 85 (2): 169-225.

Segal, U. 1999. Dynamic Consistency and Non-Expected Utility (Chapter 2). Uncertain Decisions: Bridging Theory and Experiments. L. Luini. Boston, Massachusetts: Kluwer Academic Publishers. 39-52. Presented at the International Summer School of Economic Research, held at the University of Sienna, Italy in July 1995.

Safra, Z., and U. Segal. 1998. Constant Risk Aversion. Journal of Economic Theory 83 (1): 19-42.

Segal, U., and D. R. Vincent. 1998. Punishment Schedules for Capital Flight. The World Economy 21 (5): 629-638. Mini-Symposium - Capital Flight From Russia.

SICULAR, T.

Sicular, T. 1998. Capital Flight and Foreign Investment: Two Tales from China and Russia. The World Economy 21 (5): 589-602. Mini-Symposium - Capital Flight From Russia.

SLIVINSKI, A.

Bilodeau, M., and A. Slivinski. 1998. Rational Nonprofit Entrepreneurship. Journal of Economics & Management Strategy 7 (4): 551-571.

SMITH, J.

McKinnish, T., S. Sanders, and J. Smith. 1999. Estimates of Effective Guarantees and Tax Rates in the AFDC Program for the Post-OBRA Period. The Journal of Human Resources 34 (2): 312-345.

Heckman, J., H. Ichimura, J. Smith, and P. Todd. 1998. Characterizing Selection Bias Using Experimental Data. Econometrica 66 (5): 1017-1098.

Heckman, J., L. Lochner, J. Smith, and C. Taber. 1998. The Effects of Government Policies on Human Capital Investment, Unemployment and Earnings Inequality. Drittes Öffentliches DAAK Symposium/Third Public GAAC Symposium. Arbeitsmärkte in den USA und Deutschland/Labor Markets in the USA and Germany, Volume 5. Bonn, Germany: 10 June 1997-11 June 1997. J. Rembser. Washington, D.C.: German- American Academic Council Foundation (GAAC). 305-336.

Heckman, J., and J. Smith. 1998. Evaluating the Welfare State (Chapter 8). Econometrics and Economic Theory in the 20th Century: The Ragnar Frisch Centennial Symposium. S. Strom. New York, NY: Cambridge University Press. 241-318.

STINEBRICKNER, T.

Bound, J., M. Schoenbaum, T. Stinebrickner, and T. Waidmann. 1999. The Dynamic Effects of Health on the Labor Force Transitions of Older Workers. Labour Economics 6 (2): 179-202.

STREUFERT, P.

Streufert, P. 1998. Recursive Utility and Dynamic Programming (Chapter 3). Handbook of Utility Theory, Volume 1: Principles. S. Barberà, P. Hammond, and C. Seidl. Norwell, MA: Kluwer Academic Publishers. 93-121.

TRELA, I.

Trela, I. 1998. Agricultural Trade Liberalization in the Uruguay Round: Implications for Developing Countries (Chapter 6). Uruguay Round Results and the Emerging Trade Agenda: Quantitative-Based Analyses from the Development Perspective. H. Thomas, and J. Whalley. New York, NY: United Nations. 185-264.

Trela, I. 1998. Phasing Out the MFA in the Uruguay Round: Implications for Developing Countries (Chapter 8). Uruguay Round Results and the Emerging Trade Agenda: Quantitative-Based Analyses from the Development Perspective. H. Thomas, and J. Whalley. New York, NY: United Nations. 315-392.

VENTURA, G.

Guzman, R., and G. Ventura. 1998. A Model of Experimentation with Information Externalities. Journal of Economic Dynamics and Control 23 (1): 9-34.

VINCENT, D.R.

McAfee, R. P., W. Takacs, and D. R. Vincent. 1999. Tariffying Auctions. RAND Journal of Economics 30 (1): 158-179.

Segal, U., and D. R. Vincent. 1998. Punishment Schedules for Capital Flight. The World Economy 21 (5): 629-638. Mini-Symposium - Capital Flight From Russia.

WHALLEY, J.

Abalkin, A., and J. Whalley. 1999. The Problem of Capital Flight from Russia. The World Economy 22 (3): 421-444.

Bhattarai, K., M. Ghosh, and J. Whalley. 1999. On Some Properties of a Trade Closure Widely Used in Numerical Modelling. Economics Letters 62 (1): 13-21.

Greenaway, D., and J. Whalley. (Editors). 1999. The World Economy 22 (1-4): 1-608.

Piggott, J., and J. Whalley. 1999. Reply to Apps/Rees and Gottfried/Richter. Journal of Political Economy 107 (2): 410-418. Comment.

Whalley, J. 1999. Environmental Considerations in Tax Policy Design. Environment and Development Economics 4 (1): 111-124.

Whalley, J., and R. Wigle. 1999. Quantifying the Effects of Labour Sanctions on Trade (Chapter 9). Global Trade and European Workers. P. Brenton, and J. Pelkmans. New York, NY: St. Martin's Press, Inc. 199-209.

Greenaway, D., and J. Whalley. (Editors).1998. The World Economy 21 (5-8): 587- 1183.

Perroni, C., and J. Whalley. 1998. Competition Policy and the Developing Countries (Chapter 13). Uruguay Round Results and the Emerging Trade Agenda: Quantitative- Based Analyses from the Development Perspective. H. Thomas, and J. Whalley. New York, NY: United Nations. 493-512.

Perroni, C., and J. Whalley. 1998. Evaluating Regionalism After the Round (Chapter 10). Uruguay Round Results and the Emerging Trade Agenda: Quantitative-Based Analyses from the Development Perspective. H. Thomas, and J. Whalley. New York, NY: United Nations. 429-457.

Perroni, C., and J. Whalley. 1998. Possible Developing Country Impacts from a Competition Policy Negotiation (Chapter 21). Developing and Newly Industrializing Countries, Volume II. C. Milner. Cheltenham, UK: Edward Elgar Publishing Limited. 385-392. The Globalization of the World Economy; 4; An Elgar Reference Collection.

Perroni, C., and J. Whalley. 1998. Rents and the Cost and Optimal Design of Commodity Taxes. The Review of Economics and Statistics 80 (3): 357-364.

Thomas, H., and J. Whalley. 1998. Introduction. Uruguay Round Results and the Emerging Trade Agenda: Quantitative-Based Analyses from the Development Perspective. H. Thomas, and J. Whalley. New York, NY: United Nations. 1-9.

Thomas, H., and J. Whalley. (Editors). 1998. Uruguay Round Results and the Emerging Trade Agenda: Quantitative-Based Analyses from the Development Perspective. New York, NY: United Nations. xi, 513 pp. United Nations Conference on Trade and Development (UNCTAD).

Whalley, J. 1998. Introduction: Capital Flight from Russia: A Symposium. The World Economy 21 (5): 587. Mini-Symposium - Capital Flight from Russia.

Whalley, J. 1998. Services in the Uruguay Round and Beyond (Chapter 9). Uruguay Round Results and the Emerging Trade Agenda: Quantitative-Based Analyses from the Development Perspective. H. Thomas, and J. Whalley. New York, NY: United Nations. 393-427.

Whalley, J., and R. Wigle. 1998. Labour Standards and Trade: Preliminary Estimates (Chapter 12). Uruguay Round Results and the Emerging Trade Agenda: Quantitative- ased Analyses from the Development Perspective. H. Thomas, and J. Whalley. New York, NY: United Nations. 477-491.

WINTROBE, R.

Wintrobe, R. 1999. From Expressionism and Futurism to Kitsch: Ethnic and Intergenerational Conflict, Political Inaction, and the Rise of Dictatorship (Chapter 13). The Politics and Economics of Power. S. Bowles, M. Franzini, and U. Pagano. New York, NY: Routledge. 260-285. Routledge Siena Studies in Political Economy.

Wintrobe, R. 1998. Privatisation, the Market for Corporate Control, and Capital Flight from Russia. The World Economy 21 (5): 603-611. Mini-Symposium - Capital Flight from Russia.

WONNACOTT, R. J.

Enders, A., and R. J. Wonnacott. 1998. The Liberalisation of East-West European Trade: Hubs, Spokes and Further Complications (Chapter 18). Developing and Newly Industrializing Countries, Volume I. C. Milner. Cheltenham, UK: Edward Elgar Publishing Limited. 406-425. The Globalization of the World Economy; 4; An Elgar Reference Collection.