DYNAMICS AND AGGREGATION IN MACROECONOMIC MODELS

“Fast Micro and Slow Macro? On the Empirical Perils of Lumpy Adjustment” (with R. Caballero and J. Haltiwanger), W.I.P.

“Explaining Investment Dynamics in US Manufacturing: A Generalized (S; s) Approach” (with R. Caballero), Econometrica, 67 (4), 741–782, July 1999. Also NBER Working Papers Nos. 4487 and 6420.

“Aggregate Employment Fluctuations: Building from Microeconomic Evidence” (with R. Caballero and J. Haltiwanger), American Economic Review, 87 (1), 115–137, March 1997. Also NBER Working Paper No. 5042.

“Employment and Productivity Dynamics in Chilean Manufacturing: Micro Evidence and Macro Consequences” (with A. Camhi and A. Micco), in Spanish, Chap. 9 in F. Morandé and R. Vergara (eds), Empirical Analysis of Growth in Chile, Santiago: CEP and ILADES, 197–225, 1997.

“Plant-Level Adjustment and Aggregate Investment Dynamics” (with R. Caballero and J. Halti-wanger), Brookings Papers on Economic Activity, 1995 (2), 1–39, 1995.

“Microeconomic Rigidities and Aggregate Price Dynamics” (with R. Caballero), European Economic Review, 37 (4), 697–711, 1993. Also NBER Working Paper No. 4162.

“Microeconomic Adjustment Hazards and Aggregate Dynamics” (with R. Caballero), Quarterly Journal of Economics, 108 (2), 359–383, 1993. Also NBER Working Paper No. 4090.

“Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy” (with R. Ca-ballero), Review of Economic Studies, 60 (1), 95–119, 1993. Also NBER Working Paper No. 3729.

“Price Rigidities, Assymmetries, and Output Fluctuations” (with R. Caballero), NBER Working Paper No. 4091, 1992.

“Beyond the Partial Adjustment Model” (with R. Caballero), American Economic Review, Papers and Proceedings, 82 (2), 360–364, May 1992.

“Dynamic (S; s) Economies” (with R. Caballero), Econometrica, 59 (6), 1659-1686, November 1991; reprinted in E. Sheshinski and Y. Weiss, eds., Optimal Pricing, Inflation, and the Cost of Price Adjustment, MIT Press, 1993. Also NBER Working Paper No. 3734.

INFRASTRUCTURE FRANCHISING

“Highway Auctions and Real-Estate Values” (with R. Fischer and A. Galetovic), Cowles Foundation Discussion Paper 1354, February 2002.

“The Tradeoff Between Competition in the Field and Competition for the Field: The Case of Multiple Franchises” (with R. Fischer and A. Galetovic), W.I.P.

“Regulating an Essential Facility à la Demsetz when Underhand Agreements are Possible” (with R. Fischer and A. Galetovic), Working Paper No. 79, Center of Applied Economics (CEA), Dep. Ind. Engineering, U. of Chile, June 2000.

“Franchising of Infrastructure in Chile: A Policy Report,” Working Paper No. 88, Center for Applied Economics (CEA), U. of Chile, August 2000.

“Least-Present-Value-of-Revenue Auctions and Highway Franchising” (with R. Fischer and A. Galetovic), forthcoming in Journal of Political Economy. Also NBER Working Paper No. 6689.

“The Chilean Infrastructure Concessions Program: Evaluation, Lessons and Prospects for the Future” (with R. Fischer and A. Galetovic), in Spanish, in F. Larraín and R. Vergara (eds.), The Economic Transformation of Chile, Santiago: CEP, 201–246, 2000.

“Infrastructure Franchising and Government Guarantees” (with R. Fischer and A. Galetovic), in T. Irwin, M. Klein, G. Perry and M. Thobani (eds.), Dealing with Public Risk in Private Infrastructure, Washington, D.C.: World Bank, 89–105, 1997. Reprinted in Revista de Análisis Económico, 13, 1, 51–74, 1998.

“Revenue Based Auctions and the Unbundling of Infrastructure Franchises”, with R. Fischer and A. Galetovic. Working Paper No. ?. Washington, D.C.: Inter-American Development Bank, forthcoming.

“A New Method for Auctioning Highways” (with R. Fischer and A. Galetovic), Public Policy for the Private Sector, 5–8, June 1997. Reprinted in S. Smith (ed.), The Private Sector in Infrastructure, Washington, DC: World Bank, September 1997.

“Highway Franchising: Pitfalls and Opportunities” (with R. Fischer and A. Galetovic), American Economic Review, Papers and Proceedings, 87 (2), 68–72, May 1997.

“How to Auction an Urban Road Franchise” (with R. Fischer and A. Galetovic), in Spanish, Estudios Públicos, 67, 177–214, 1997.

“Reply to Klein and Tirole” (with R. Fischer and A. Galetovic), in Spanish, Estudios Públicos, 67, 215–225, 1997.

“Auctioning Highways in Chile” (with R. Fischer and A. Galetovic), in Spanish, Estudios Públicos, 60, 5–37, 1996.

FISCAL POLICY AND NATURAL RESOURCES

“Optimal Fiscal Strategy for Oil Exporting Countries” (with R. Valdés), Working Paper No. 78, Center of Applied Economics (CEA), U. of Chile, June 2000. Also IMF Working Paper No. ?.

External Shocks and Stabilization Mechanisms, (co-editor: P. Meller), Washington D.C.: Inter-American Development Bank and Johns Hopkins University Press, 1993.

“Review of External Shocks and Stabilization Mechanisms” (with P. Meller), Chap. 1 in E.

External Shocks and Stabilization Mechanisms, (co-editor, P. Meller), Washington D.C.: IADB and Johns Hopkins University Press, 1–23, 1993.

“Transitory Shocks and Stabilization Mechanisms: The Chilean Case” (with M. Basch), Chap. 2 in E. Engel and P. Meller (eds.), External Shocks and Stabilization Mechanisms, Washington DC: IADB and Johns Hopkins University Press, 25–111, 1993.

TAX POLICY

“Taxes and Demand for Capital: Theory and Evidence for Chile,” Working Paper No. 94, Center for Applied Economics (CEA), U. of Chile, November 2000.

“A Note on Enforcement Spending and VAT Revenues” (with A. Galetovic and C. Raddatz), forthcoming in Review of Economics and Statistics.

“What should be done with the Capital Gains Tax” (with A. Galetovic), in Spanish, Estudios Públicos, 79, 199–236, Winter 2000.

“Understanding Tax Evasion Dynamics” (with J. Hines), NBER Working Paper No. 6903. January 1999.

“Taxes and Income Distribution in Chile: Some Unpleasant Redistributive Arithmetic” (with A. Galetovic and C. Raddatz), Journal of Development Economics, 59 (1), 155–192, June 1999. Also NBER Working Paper No. 6828.

“Taxes and Income Distribution in Chile: Is the VAT regressive?” (with A. Galetovic and C. Raddatz), in Spanish, Perspectivas en Política, Economía y Gestión, 2 (2), 333–345, 1999.

“Toll Competition Among Congested Roads” (with R. Fischer and A. Galetovic), NBER Technical Working Paper No. 239, March 1999.

“Poisoned grapes, mad cows, and protectionism,” Journal of Policy Reform, 4 (2), 91–111, 2000. Also NBER Working Paper No. 6959.

“Consumer Protection in Chile: Why So Little and So Late?” in Spanish, Perspectivas en Política, Economía y Gestión, 1 (2), 145–166, 1998.

“Consumer Protection Policies and Rational Behavior,” Revista de Análisis Económico, 10:2, 183–202, 1995.

“Beyond the Basics of Consumer Protection,” Chap. 7 in C. Frischtack (ed.), Regulatory Policies and Reform: A Comparative Perspective, Washington, D.C.: World Bank, 131–143, 1995.

“The Basics of Consumer Protection: Principles and Policies.” Chap. 6 in C. Frischtack (ed.), Regulatory Policies and Reform: A Comparative Perspective, Washington, D.C.: World Bank, 104–130, 1995.

“Strategic Behavior in Congressional Elections” (with A. Neut), Mimeo, Center for Applied Economics (CEA), U. of Chile, 1997.

“Electoral Engineering in Chile” (with A. Neut), Working Paper No. 27, Center for Applied Economics, U. of Chile, August 1997.

“The Chilean Plebiscite: Projections Without Historic Data” (with A. Venetoulias), J. of the American Statistical Association, 87, 933–941, 1992.

“Evolution of Voting Behavior in Chile: From the Plebiscite of 1988 to the Presidential Election of 1989,” in Spanish, Colección de Estudios CIEPLAN, 28, 73–84, 1990.

“Unemployment, Historic Voting Behavior, and the Plebiscite of 1988” (with M. Araos), in Spanish, Colección de Estudios CIEPLAN, 27, 5–17, 1989

“Let’s Make a Deal!” (with A. Venetoulias), Mathematical Scientist, 18, 73–84, 1993.

“Monty Hall’s Probability Puzzle” (with A. Venetoulias), Chance, 4, 6–9, 1991.

“A Subjective Guide to Objective Chance” (with P. Diaconis), Statistical Science, 1, 171–174, 1986.

“Precision of Circadian Wake and Activity Onset Timing in the Mouse” (with D. K. Welsh, G. Richardson and W. Dement), Journal of Comparative Physiology A, 158, 827–834, 1986.

“A Unified Approach to the Study of Sums, Products, Time-Aggregation and other Functions of ARMA Processes,” Journal of Time Series Analysis, 5, 159–171, 1984.

“Characterization of Discrete ARMA Processes in Terms of Difference Equations Satisfied by their Autocorrelation Function,” in Spanish, Sigma, 8, 23–34, 1981.

“A Deterministic Alias-Free Sampling Technique,” in Spanish, Sigma, 7, 19–22, 1981.