1999 Australasian Meeting of the Econometric Society

University of Technology, Sydney, Australia
Wednesday 7 - Friday 9 July, 1999

D.E Allen, G. MacDonald, D. Walsh, K Walsh	Using Regression Techniques to Estimate Futures Hedge Ratios, Some Results from Alternative Approaches Applied to Australian 10 year Treasury Bond Futures	Abstract
Mary Amiti	Industrial Location and Trade in East Asia	Abstract
Heather Anderson, Noh-Sun Kwark and Farshid Vahid	International Trade and the Synchronization of Business Cycles	Abstract
Dennis Bams and Christian C.P. Wolff	Risk Premia in the Term Structure of Interest Rates: A Panel Data Approach	Abstract
Shipra Banik and Param Silvapulle	Seasonal Behaviour in Stock Returns: Evidence from International Markets	Abstract
Michelle Barnes	On the Nature of the Dependence in the Volatility of U.S Stock Returns	Abstract
William A. Barnett, Milka Kirova and Meenakshi Pasupathy	Technology Modeling: Curvature is not Sufficient for Regularity	Abstract
R. Becker and A. S. Hurn	Testing For Fundamental Nonlinearities in Time-series Data Using the Method of Surrogates	Abstract
Ronald Bewley and Minxian Yang	Bayesian Vector Error Correction Forecasting Models	Abstract
Prasad P. Bidarkota	Alternate Regime Switching Models for Forecasting Inflation	Abstract
Mita Bhattacharya and Harry Bloch	The Dynamics of Industrial Concentration in Australian Manufacturing	Abstract
Volker Böhm, Nicole Deutscher, and Jan Wenzelburger	Endogenous Random Asset Prices in Overlapping Generations Economies	Abstract
Robert Breunig and Indraneel Dasgupta	What's So Puzzling About the Cashout Puzzle?	Abstract
J. S. Butler and Andrew W. Horowitz	Labour Supply and Wages Among Nuclear adn Extended Households: The Surinamese Experiment	Abstract
Jenny Williams and Lisa Cameron	Substitutes or Complements? Alcohol, Marijuana and Tobacco	Abstract
Buly A. Cardak	Endogenous Growth and the Public-Private Education Choice	Abstract
Paul Cashin and C. John McDermott	Terms of Trade Shocks and the Current Account	Abstract
John D. Chen and Maxwell L. King	Solving Calibrated Estimation Equations for Approximately Median-Unbiased Estimators	Abstract
Duangkamon Chotikapanich and William E. Griffiths	Finite Sample Inference in the SUR Model	Abstract
C. Chua, D. Prasada Rao and A. Rambaldi	Estimation of Purchasing Power Parities and Cross-Country Varying Commodity Specific Effects	Abstract
Russell Cooper	The Explicit Short-Run Dynamics of Growth	Abstract
Dr Paul Dalziel	A Finance Theory of Credit-Money and Inflation	Abstract
Manjira Datta, Leonard Mirman, and Edward Schlee	Learning with Noiseless Information and Payoff-Relevant Signals: Theory and Application to Clearance Sales	Abstract
Catherine de Fontenay and Joshua S. Gans	Extending Market Power Through Vertical Integration	Abstract
Paul A. de Hek	Endogenous Technological Change with Leisure-dependent Utility	Abstract
Dhammika Dharmapala	Endogenous Commodity Taxation Under Asymmetric Information: A Signalling Approach	Abstract
Mardi Dungey and Vance L. Martin	Contagion in the East Asian Currency Crisis	Abstract
David Edgerton and Peter Jochumzen	Estimation in Binary Choice Models with Measurement Errors	Abstract
Bryan Ellickson, Birgit Grodal, Suzanne Scotchmer and William R. Zame	Clubs and the Market	Abstract
Lance Fisher, and Geoffrey H. Kingston	Permanent Incoem, Tax SMoothing and Forecasts of Government Expenditure in the U.S. 1929 - 1994	Abstract
Catherine S. Forbes and Paul Kofman	A Bayesian Soft Target Zone Analysis	Abstract
Yin-Wong Cheung, Menzie Chinn and Eiji Fujii	Market Structure and the Persistence of Sectoral Real Exchange Rates	Abstract
Lata Gangadharan and Pushkar Maitra	Two Aspects of Fertility Behaviour in South Africa	Abstract
Teresa Corzo and Javier Gómez Biscarri	Non Parametric Estimation of Interest Rates Derivatives in Europe	Abstract
Tue Gorgens	Semiparametric Estimation of Single-Index Transition Intensities	Abstract
Simon Grant, Atushi Kajii and Ben Polak	Preference for Information and Dynamic Consistency	Abstract
Wim Groot and Henriette Maassen van den Brink	Life-Satisfaction and Preference Drift	Abstract
Simone Grose and Brett Inder	Testing for a structural break in the linear model with non-stationary regressors	Abstract
Kaddour Hadri	Testing for Stationarity in Heterogenous Panel Data	Abstract
Don Harding and Adrian Pagan	Knowing the Cycle	Abstract
David Harris, Brendan McCabe and Stephen Leybourne	Stochastic Cointegration I: Estimation and Inference	Abstract
Richard D. F. Harris	A Test of the Expectations Hypothesis of the Term Structure using Cross-section Data	Abstract
Carl Chiarella and Xue-Zhong He	Heterogeneous Beliefs, Risk and Learning in a Simple Asset Pricing Model	Abstract
Alex Heath	Job Search Methods, Neibourhood Effects and the Youth Labour Market	Abstract
Ramya Hewarathna and Param Silvapulle	Testing for Asymetry in Indonesian Business Cycles	Abstract
Jonathan Batten, Craig Ellis and Warren Hogan	The Time Series Behaviour of Credit Spreads Between Yen Denominated Eurobonds	Abstract
Michelle Barnes and Anthony Hughes	Selecting the Order of an ARCH Model	Abstract
Rob J. Hyndman	Nonparametric Additive Regression Models for Binary Time Series	Abstract
Benoit Julien	Bidding for Labor	Abstract
Guyonne Kalb	The dynamics of unemployment and employment in Australia. A study using the ABS Survey of Employment and Unemployment Patterns 1994-1997	Abstract
Neil Dias Karunaratne	Yield Curve Predictions of Australian Growth and Recession	Abstract
Peter W. Kennedy	Information and Willingness-To-Pay	Abstract
Ahmed M. Khalid	Asian Miracle to Asian Crisis and the Role of Financial Liberalization: Evidence from Selected Asian Economies	Abstract
Deok Ki Kim	International Business Cycles in South East Asia and Japan: An Empirical Investigation	Abstract
Jae H. Kim	Bootstrap-After-Bootstrap Prediction Intervals for Autoregressive Models	Abstract
Jae-Young Kim	A Generalized Bayesian Information Criterion	Abstract
George J. Jiang and John L. Knight	Efficient Estimation of the Continuous Time Stochastic Volatility Model Via the Empirical Characteristic Function	Abstract
John S. Landon-Lane and J. Arnold Quinn	A Bayesian Exploration of Growth and Convergence	Abstract
Laurence Lasselle and Serge Svizzero	Entry and Unemployment in an Unionologopoly Model	Abstract
Jonathan E. Leightner	Returns to Market Power In Financial Institutions	Abstract
Huirong Li and Jian Yang	Stochastic Threshold Models on Interest Rate	Abstract
Shinn-Juh Lin and Maxwell Stevenson	Wavelet Analyses of Index Prices in Futures and Cash Markets: Implications for the Cost-of-Carry Model	Abstract
Zheng-Hua Lu and Maxwell L. King	The Wald Test and Taylor's Expansion: An Application to Testing Non-linear Functions of Parameters	Abstract
Wim Groot and Henriette Maassen van den Brink	Stress and Wages: an Economic Interpretation of the Demand-Control Theory	Abstract
Dipendra Sinha and Joseph Macri	Financial Development and Economic growth: The Case for Eight Asian Countries	Abstract
Pushkar Maitra	Growth in the Presence of Inter-linkages Across Sectors	Abstract
Ajit Majumder and Maxwell King	Classical and Marginal Maximum Likelihood Estimation for Regression with Serially Correlated Error Components	Abstract
Julian Manning	Existence of Competitive Equilibrim with a system of Complete Prices	Abstract
Martin Martens and Ser-Huang Poon	Correlation Dynamics Between International Stock Markets Using Synchronous Data	Abstract
Gael M. Martin	U.S. Deficit Sustainability: A New Approach Based on Multiple Endogenous Breaks	Abstract
Vance Martin and Yves Tran	Modelling Higher-Order Conditional Moment Processes in Equity Markets	Abstract
Thomas F. Crossley, James Ted McDonald, and Christopher Worswick	Immigrant Benefit Receipt: Sensitivity to the Choice of Survey Years and Model Specification	Abstract
Simone Grose and Keith McLaren	Estimating Consumer Demand with Missing Expenditure Data	Abstract
Gregory J. McLennan and Alicia N. Rambaldi	The Demand for Meat Consumption in Australia when Time-Varying Constraints are Incorporated	Abstract
Keizo Mizuno	Entry-Deterrence Contracts Under a Price-Ceiling Regulation	Abstract
Karen Mumford and Peter N. Smith	Job Reallocation and Average Job Tenure: Theory and Workplace Evidence from Australia	Abstract
Shasikanta Nandeibam	On the Rationalizability of Randomized Choice	Abstract
Lanny Arvan and David Nickerson	Public Income Transfers and the Market for Private Insurance Against Environmental Disasters	Abstract
Alessandra Canepa and Raymond O'Brien	Bootstrap Tests of Linear Restrictions on the Cointegration Space Under Misspecification	Abstract
Christopher O'Donnell, Alicia Rambaldi and Howard Doran	Estimating Economic Relationships Subject to Firm- and Time-Varying Equality and Inequality Constraints	Abstract
Harry Bloch and Michael Olive	Cyclical Movements in Markups: the Role of Cost Pass-Through	Abstract
Les Oxley and David Greasley	The Importance of Being Unimportant: A Century of New Zealand Economic Growth	Abstract
Rohan Pitchford	A Theory of Deregulation	Abstract
Jan M. Podivinsky	An Analysis of Tests Based on the LIML Estimator in Dynamic Econometric Systems	Abstract
D.S. Poskitt	Identification and Canonical Structures for Nonstationary Systems	Abstract
Gopinath Pradhan and Kaustuva Barik	Sustainability of Output Growth in Indian Manufacturing: a Decompostion Analysis of Selected Industries	Abstract
Pushkar Maitra and Anu Rammohan	Investment in Child Schooling: Theory and Evidence Using Data From South Africa	Abstract
Ranjan Ray	Child Health and its Determinants in Developing Countries: A Cross Country Comparison	Abstract
Juan-Manuel Renero	The Simple Case of Subsidiary-Coin Shortages Driven by Deflation in POW Camps	Abstract
Gordana Paric and Paul Rilstone	Structural Estimation of Psychiatric Hospital Stays	Abstract
John C. Robertson and Ellis W. Tallman	Prior Parameter Uncertainty: Some Implications for Forecasting and Policy Analysis with VAR Models	Abstract
Peter E. Robertson	On Growth Accounting and Growth Theory: with an application to East Asian Growth	Abstract
Antonio Estache and Martin A. Rossi	Comparing the performance of public and private water companies in Asia and Pacific Region. What a stochastic costs frontier shows	Abstract
Amal Sanyal	Audit Hierarchy in a Corrupt Tax Administration	Abstract
Luca Lanbertini, Sougata Poddar and Dan Sasaki	Investment Cost Sharing and the Form of Market Competition	Abstract
R. G. Shami and C. S. Forbes	A Structural Model with Switching Regime	Abstract
Paramsothy Silvapulle, Imad Moosa and Mervyn Silvapulle	Asymetry in Okun's Law	Abstract
Murray D. Smith	On Dependency in Double-Hurdle Models	Abstract
G. S. Morgan, P. N. Smith and S. H. Thomas	Portfolio Return Autocorrelation and Non-Synchronous Trading in UK Equities	Abstract
Bernt P. Stigum	Facts and Fiction in Econometrics	Abstract
Rodney Strachan and Brett Inder	Approximate Bayes Factors and Bayesian Trace Statistics	Abstract
Peter Summers and Olan Henry	International Influences on the Australian Business Cycle: Evidence from Linear and Non-Linear Models	Abstract
Yusen Sung	A Simple Compliance-Inducing Mechanism for Pollution Regulation	Abstract
Sudipto Dasgupta and Zhigang Tao	Bargaining, Bonding, and Partial Ownership	Abstract
Enis Uysal	Criteria for Simultaneous Selection of Autoregressive Order with Cointegrating Rank	Abstract
Rhema Vaithianathan	Hold-up in the Health Insurance Market	Abstract
Hikaru Hasegawa, Rebecca Valenzuela and Tran Van Hoa	A Bayesian Analysis of HOGLEX Demand System Using Unit Records for Major ASEAN Economies: Thailand and The Philippines	Abstract
Andrew Weiss	Bayesian Analysis of a Calibrated Model: Model and Some Algorithms	Abstract
Robert B. Porter and Simon M. Wheatley	Time-non-Separable Preferences or Artifact of Temporal Aggregation	Abstract
Tomoichi Shinosuka and Simon Wilkie	Optimal Multiobject Auctions with Correlated Types	Abstract
Gary K. Wong	A Reconsideration of the Testing of Time Separability Hypothesis: Use of the Frisch Profit Function	Abstract
Jian Yang	Semiparametric Maximum Likelihood Estimation of ARMA Models	Abstract
Minxian Yang	Unit-Root Tests with Joint One-Sided Restrictions	Abstract
Damien Neven, Lars-Hendrik Röller and Zhentang Zhang	The Provision of Public Goods and the Soft Budget Constraints	Abstract