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October 1982, Volume 90, Issue 5
August 1982, Volume 90, Issue 4
- 663-698 Efficiency of Experimental Security Markets with Insider Information: An Application of Rational-Expectations Models
by Plott, Charles R & Sunder, Shyam
- 699-727 Heterogeneous Information and the Theory of the Business Cycle
by Grossman, Sanford J & Weiss, Laurence
- 728-754 Dynamics of a Floating Exchange Rate Regime
by Helpman, Elhanan & Razin, Assaf
- 755-776 Cost-Benefit Criteria and the Compensation Principle in Evaluating Small Projects
by Bruce, Neil & Harris, Richard G
- 777-793 Sectoral Shifts and Cyclical Unemployment
by Lilien, David M
- 794-808 The Welfare Cost of Free Public Schools
by Sonstelie, Jon
- 809-815 Giffen Goods and the Law of Demand
by Dougan, William R
- 816-819 Politics, Time, and the Laffer Curve
by Buchanan, James M & Lee, Dwight R
- 820-823 The Leontief Paradox, Continued
by Brecher, Richard A & Choudhri, Ehsan U
- 824-826 The Political Economy of Benefits and Costs: A Neoclassical Approach to Distributive Politics-Comment
by Tullock, Gordon
- 827-853 The Reward for Risk in the Labor Market: Evidence from the United Kingdom and a Reconciliation with Other Studies
by Marin, Alan & Psacharopoulos, George
- 854-871 The Employment-Real Wage Relationship: An International Study
by Geary, Patrick T & Kennan, John
June 1982, Volume 90, Issue 3
- 443-469 The Economic Impacts of Minimum Wage Laws: A New Look at an Old Question
by Linneman, Peter
- 470-486 Optimal Patents with Compulsory Licensing
by Tandon, Pankaj
- 487-506 Dumping
by Ethier, Wilfred J
- 507-535 Estimated Output, Price, Interest Rate, and Exchange Rate Linkages among Countries
by Fair, Ray C
- 536-560 Micro Estimates of Public Spending Demand Functions and Tests of the Tiebout and Median-Voter Hypotheses
by Gramlich, Edward M & Rubinfeld, Daniel L
- 561-577 Inflation and Welfare in the Steady State
by Jovanovic, Boyan
- 578-595 Prices, Technology, and Farm Size
by Kislev, Yoav & Peterson, Willis
- 596-605 Bayesian Information and the Precautionary Demand for Money
by Stanhouse, Bryan E
- 606-629 Social Security and Private Saving: New Time-Series Evidence
by Leimer, Dean R & Lesnoy, Selig D
- 630-642 Social Security and Private Saving: Reply
by Feldstein, Martin S
- 643-646 Social Security, Preretirement Labor Supply, and Saving: A Confirmation and a Critique
by Burkhauser, Richard V & Turner, John A
- 647-655 Macroeconomic Policy and the Optimal Destruction of Vampires
by Snower, Dennis J
April 1982, Volume 90, Issue 2
- 223-246 The Choice of Techniques and the Optimality of Market Equilibrium with Rational Expectations
by Newbery, David M G & Stiglitz, Joseph E
- 247-279 Monetary Policy and the Information Content of Prices
by King, Robert G
- 280-294 Waiting-Line Auctions
by Holt, Charles A, Jr & Sherman, Roger
- 295-313 Seigniorage and the Case for a National Money
by Fischer, Stanley
- 314-332 Durable-Goods Monopolists
by Bulow, Jeremy I
- 333-355 A Neglected Classic in the Theory of Distribution
by Whitaker, John K
- 356-368 Official Intervention in the Foreign Exchange Market, or, Bet against the Central Bank
by Taylor, Dean
- 369-379 Unemployment in Interwar Britain: Still Searching for an Explanation [Searching for an Explanation of Unemployment in Interwar Britain]
by Collins, Michael
- 380-385 How Much Voluntary Unemployment in Interwar Britain? [Searching for an Explanation of Unemployment in Interwar Britain]
by Cross, Rodney
- 386-399 Still Searching for an Explanation of Unemployment in Interwar Britain
by Metcalf, David & Nickell, Stephen J & Floros, Nicos
- 400-409 Unemployment in Interwar Britain [Searching for an Explanation of Unemployment in Interwar Britain]
by Ormerod, P A & Worswick, G D N
- 410-436 Unemployment and Unemployment Benefits in Twentieth-Century Britain: A Reply to Our Critics [Searching for an Explanation of Unemployment in Interwar Britain]
by Benjamin, Daniel K & Kochin, Levis A
February 1982, Volume 90, Issue 1
- 1-21 Entrepreneurial Risk Taking, Inequality, and Public Policy: An Application of Inequality Decomposition Analysis to the General Equilibrium Effects of Progressive Taxation
by Kanbur, S M Ravi
- 22-51 Does Anticipated Monetary Policy Matter? An Econometric Investigation
by Mishkin, Frederic S
- 52-73 Parental Preferences and Provision for Progeny
by Behrman, Jere R & Pollak, Robert A & Taubman, Paul
- 74-104 A Model of Exchange Rate Dynamics
by Mussa, Michael
- 105-127 Inequality within and between Families
by Sheshinski, Eytan & Weiss, Yoram
- 128-145 Inequality in the Local Public Sector
by Bucovetsky, Sam
- 146-157 Relative Price Variability and Nonuniform Inflationary Expectations
by Cukierman, Alex & Wachtel, Paul
- 158-165 PPP Exchange-Rate Rules and Macroeconomic Stability
by Dornbusch, Rudiger
- 166-175 Variance Bounds in a Simple Model of Asset Pricing
by Michener, Ronald W
- 176-180 Monetary Stabilization and the Informational Value of Monetary Aggregates
by Siegel, Jeremy J
- 181-183 A Note on Uncertain Lifetimes: A Comment
by Pelzman, Joseph & Rousslang, Don
- 184-187 On Compliance with the Minimum Wage Law
by Grenier, Gilles
- 188-190 Revenue Seeking: A Generalization of the Theory of Tariffs-A Correction
by Bhagwati, Jagdish N & Srinivasan, T N
- 191-200 The Impact of Proposition 13 on House Prices in Northern California: A Test of the Interjurisdictional Capitalization Hypothesis
by Rosen, Kenneth T
- 201-212 The Effect of the Term Structure of Interest Rates on the Demand for Money in the United States
by Friedman, Milton & Schwartz, Anna J
December 1981, Volume 89, Issue 6
- 1059-1085 An Empirical Model of Labor Supply in a Life-Cycle Setting
by MaCurdy, Thomas E
- 1086-1121 Output Effects of Government Purchases
by Barro, Robert J
- 1122-1141 Information Costs, Duration of Search, and Turnover: Theory and Applications
by Wilde, Louis L
- 1142-1161 Macroeconomic Policy, Exchange-Rate Dynamics, and Optimal Asset Accumulation
by Obstfeld, Maurice
- 1162-1181 Wage and Employment Determination under Trade Unionism: The International Typographical Union
by Dertouzos, James N & Pencavel, John H
- 1182-1196 Cross Hedging
by Anderson, Ronald W & Danthine, Jean-Pierre
- 1197-1217 The Implications of Competition among Jurisdictions: Does Tiebout Need Politics?
by Epple, Dennis & Zelenitz, Allan
- 1218-1227 Monetary Expansion and Real Exchange Rate Dynamics
by Liviatan, Nissan
- 1228-1238 Economies of Scale and Barriers to Entry
by Schmalensee, Richard
- 1239-1250 The Great Depression and Commodity-exporting LDCs: The Case of Brazil
by Cardoso, Eliana
- 1251-1260 Estimating Property Tax Capitalization: A Further Comment
by Reinhard, Raymond M
- 1261-1265 Tax Changes and Cigarette Prices [An Alternative Approach to the Analysis of Taxation]
by Sumner, Michael T & Ward, Robert
- 1266-1269 'Twas a Night in the Sixties
by Feldstein, Martin S
- 1270-1271 Policy Research
by Finger, J Michael
October 1981, Volume 89, Issue 5
- 841-864 Rank-Order Tournaments as Optimum Labor Contracts
by Lazear, Edward P & Rosen, Sherwin
- 865-890 An Exploration in the Theory of Exchange-Rate Regimes
by Helpman, Elhanan
- 891-913 Subsidies to New Energy
by Baumol, William J & Wolff, Edward N
- 914-927 A Rational Theory of the Size of Government
by Meltzer, Allan H & Richard, Scott F
- 928-958 The Family, Inheritance, and the Intergenerational Transmission of Inequality
by Tomes, Nigel
- 959-973 Intraindustry Specialization and the Gains from Trade
by Krugman, Paul R
- 974-1009 The Adjustment of Consumption to Changing Expectations about Future Income
by Flavin, Marjorie A
- 1010-1019 Measurement of Monopoly Behavior: An Application to the Cigarette Industry
by Sumner, Daniel A
- 1020-1038 Swedish Tax Rates, Labor Supply, and Tax Revenues
by Stuart, Charles E
- 1039-1043 A Superior Solution to Captain MacWhirr's Problem: An Illustration of Information Problems and Entitlement Structures
by Mumy, Gene E
- 1044-1051 Concentration Changes and Inflation: Some Evidence [A Note on Inflation and Concentration]
by Eckard, E Woodrow, Jr
August 1981, Volume 89, Issue 4
- 615-641 The Role of Market Forces in Assuring Contractual Performance
by Klein, Benjamin & Leffler, Keith B
- 642-664 The Political Economy of Benefits and Costs: A Neoclassical Approach to Distributive Politics
by Weingast, Barry R & Shepsle, Kenneth A & Johnsen, Christopher
- 665-705 Flexible Exchange Rates, Prices, and the Role of "News": Lessons from the 1970s
by Frenkel, Jacob A
- 706-732 The Role of Intergenerational Transfers in Aggregate Capital Accumulation
by Kotlikoff, Laurence J & Summers, Lawrence H
- 733-751 Output Variability under Monetary Policy and Exchange Rate Rules
by Weber, Warren E
- 752-768 Point Spreads versus Odds
by Bassett, Gilbert W, Jr
- 769-797 Time Preference and International Lending and Borrowing in an Overlapping-Generations Model
by Buiter, Willem H
- 798-812 Mobility Costs, Frictional Unemployment, and Efficiency
by Diamond, Peter A
- 813-818 International Transmission of a Real Shock under Flexible Exchange Rates: A Comment
by Daniel, Betty C
- 819-825 Market Constraints as a Rationale for the Friedman-Savage Utility Function
by Appelbaum, Elie & Katz, Eliakim
June 1981, Volume 89, Issue 3
- 429-445 The Deterrent Effect of Antitrust Enforcement
by Block, Michael Kent & Nold, Frederick Carl
- 446-467 The Market Evaluation of Human Capital: The Case of Indentured Servitude
by Galenson, David W
- 468-496 The Welfare Cost of Capital Income Taxation in a Growing Economy
by Chamley, Christophe
- 497-511 Foreign Ownership and the Theory of Trade and Welfare
by Brecher, Richard A & Bhagwati, Jagdish N
- 512-528 Accounting for Price Changes: American Steel Rails, 1879-1910
by Allen, Robert C
- 529-547 Some Evidence on Cross-Sector Effects of the Minimum Wage
by Tauchen, George E
- 548-560 Taxes, Inflation, and the Durability of Capital
by Abel, Andrew B
- 561-577 Uncertain Lifetime, Consumption, and Dissaving in Retirement
by Davies, James B
- 578-583 What Kind of Science is Economics? A Review Article on Causality in Economics by John R. Hicks
by Sims, Christopher A
- 584-592 To Save or Savor: The Rate of Return to Storing Wine: Comment
by Jaeger, Elizabeth
- 593-595 On the Relationship between Commodity Price Changes and Factor Owners' Real Positions [The Relevance of the Two-Sector Production Model in Trade Theory]
by Cassing, James
- 596-599 Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Evidence for the U. K. Economy: Comment
by Daly, Vince & Hadjimatheou, George
- 600-600 Why There are no Risk Preferrers
by Friedman, David
April 1981, Volume 89, Issue 2
- 213-248 Interpreting Economic Time Series
by Sargent, Thomas J
- 249-269 Activist Monetary Policy under Rational Expectations
by Howitt, Peter W
- 270-286 Equalizing Discrimination and Cartel Pricing in Transport Rate Regulation
by Boyer, Kenneth D
- 287-305 Transaction Costs, Order Placement Strategy, and Existence of the Bid-Ask Spread
by Cohen, Kalman J & Maier, Steven F & Schwartz, Robert A & Whitcomb, David K
- 306-327 Land Value Capitalization in Local Public Finance
by Starrett, David A
- 328-356 Money and the Dispersion of Relative Prices
by Hercowitz, Zvi
- 357-371 Exchange-Rate Dynamics: An Empirical Investigation
by Driskill, Robert A
- 372-391 The Family as an Incomplete Annuities Market
by Kotlikoff, Laurence J & Spivak, Avia
- 392-406 An Economic Theory of Self-Control
by Thaler, Richard H & Shefrin, H M
- 407-410 A Note on Loss of Control and the Optimum Size of the Firm [Supervision, Loss of Control, and the Optimum Size of the Firm]
by Camacho, Antonio & White, William D
- 411-415 Prior Information and the Observational Equivalence Problem [The Observational Equivalence of Natural and Unnatural Rate Theories of Macroeconomics]
by Weber, Warren E
February 1981, Volume 89, Issue 1
- 1-25 Positive Time Preference
by Olson, Mancur & Bailey, Martin J
- 26-53 Temporary Income Taxes and Consumer Spending
by Blinder, Alan S
- 54-66 Consumer Search with Uncertain Product Quality
by Hey, John D & McKenna, Chris J
- 67-91 Commodity-Choice Behavior with Pigeons as Subjects
by Battalio, Raymond C & Kagel, John H & Rachlin, Howard & Green, Leonard
- 92-104 Taste Change in the United Kingdom, 1900-1955
by Landsburg, Steven E
- 105-121 The Determinants of Tariff and Nontariff Trade Restrictions in the United States
by Ray, Edward John
- 122-131 Inflation, Corporate Income Taxation, and the Demand for Capital Assets
by Kopcke, Richard W
- 132-151 A Monetary Approach to the Crawling-Peg System: Theory and Evidence
by Blejer, Mario I & Leiderman, Leonardo
- 152-165 Does Federalism Matter? Political Choice in a Federal Republic
by Rose-Ackerman, Susan
- 166-191 Market Provision of Price-excludable Public Goods: A General Analysis
by Burns, Michael E & Walsh, Cliff
- 192-195 Recalculating the Scientific Tariff
by Bolnick, Bruce R
- 196-198 Discount Rate and Wealth
by Laumas, G S
December 1980, Volume 88, Issue 6
- 1069-1087 Revenue Seeking: A Generalization of the Theory of Tariffs
by Bhagwati, Jagdish N & Srinivasan, T N
- 1088-1109 The Effects of Monetary Change on Relative Commodity Prices and the Role of Long-Term Contracts
by Bordo, Michael David
- 1110-1147 Wage Determination in the Federal Government: The Role of Constituents and Bureaucrats
by Borjas, George J
- 1148-1158 The Role of Trade Flows in Exchange Rate Determination: A Rational Expectations Approach
by Rodriguez, Carlos Alfredo
- 1159-1176 Expectations Models of the Term Structure and Implied Variance Bounds
by Singleton, Kenneth J
- 1177-1202 Discriminatory Features of Domestic Factor Tax Systems in a Goods Mobile-Factors Immobile Trade Model: An Empirical General Equilibrium Approach
by Whalley, John
- 1203-1225 Uncertainty and Exhaustible Resource Markets
by Pindyck, Robert S
- 1226-1230 Relative Wealth and Risk Taking: A Short Note on the Friedman-Savage Utility Function
by Gregory, Nathaniel
- 1231-1236 A Note on Lucas's Equilibrium Model of the Business Cycle
by Karni, Edi
- 1237-1241 The Little-Mirrlees Shadow Wage Rate: A Comment on Sjaastad and Wisecarver [The Social Cost of Public Finance]
by Lal, Deepak & Squire, Lyn
- 1242-1248 The Incidence of Sales and Excise Taxes, or Where Do We Put the Transfers?
by Meerman, Jacob
- 1249-1254 The Protection of Unskilled Labor in the United States Manufacturing Industries: Further Evidence
by Clark, Don P
- 1255-1259 The Birth of Stagflation: A Fable
by Light, Christopher U
October 1980, Volume 88, Issue 5
- 829-853 Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis
by Hansen, Lars Peter & Hodrick, Robert J
- 854-866 Personal Taxation, Portfolio Choice, and the Effect of the Corporation Income Tax
by Feldstein, Martin S & Slemrod, Joel
- 867-886 Conflict and Contract: The Case of Strikes
by Reder, Melvin W & Neumann, George R
- 887-916 The Enforcement of Public Price Controls
by Cox, Charles C
- 917-940 Completed Fertility and Its Timing
by Ward, Michael P & Butz, William P
- 941-957 The General Validity of the Law of Comparative Advantage
by Deardorff, Alan V
- 958-976 The Relative Efficiency of Public and Private Firms in a Competitive Environment: The Case of Canadian Railroads
by Caves, Douglas W & Christensen, Laurits R
- 977-993 Valuation Response to New Information: A Test of Resource Mobility and Market Structure
by Lustgarten, Steven H & Thomadakis, Stavros B
- 994-1008 Economies of Scale, Domestic Divergences, and Potential Gains from Economic Integration in Ghana and the Ivory Coast
by Pearson, Scott R & Ingram, William D
- 1009-1025 Theory of Vertical Control with Variable Proportions
by Mallela, Parthasaradhi & Nahata, Babu
- 1026-1040 Effects of the EEC's Variable Import Levies
by Sampson, Gary P & Snape, Richard H
- 1041-1047 On the Use of Distributional Weights in Social Cost-Benefit Analysis
by Layard, Richard
- 1048-1049 On the Use of Distributional Weights in Social Cost-Benefit Analysis
by Squire, Lyn
- 1050-1052 Reply to Layard and Squire [On the Use of Distributional Weights in Social Cost-Benefit Analysis]
by Harberger, Arnold C
August 1980, Volume 88, Issue 4
- 639-651 Nobel Lecture: The Economics of Being Poor
by Schultz, Theodore W
- 652-672 Search, Layoffs, and Labor Market Equilibrium
by Burdett, Kenneth & Mortensen, Dale T
- 673-698 A Theory of Exchange Rate Determination
by Stockman, Alan C
- 699-721 The Treasury-Bill Futures Market
by Jacobs, Rodney L & Jones, Robert A
- 722-744 The Measurement of Permanent Income and Its Application to Savings Behavior
by Bhalla, Surjit S
- 745-770 Market Fundamentals versus Price-Level Bubbles: The First Tests
by Flood, Robert P & Garber, Peter M
- 771-782 Firm Size and Efficient Entrepreneurial Activity: A Reformulation of the Schumpeter Hypothesis
by Link, Albert N
- 783-802 Protection, Real Wages, and the Neoclassical Ambiguity with Interindustry Flows
by Burgess, David F
- 803-810 The Efficiency of Direct Democracy
by Noam, Eli M
June 1980, Volume 88, Issue 3
- 433-445 Competitive Bidding for Contracts under Alternative Auction Procedures
by Holt, Charles A, Jr
- 446-461 Organization Capital
by Prescott, Edward C & Visscher, Michael
- 462-475 The Effects of Uncertainty on Investment under Risk Neutrality with Endogenous Information
by Cukierman, Alex
- 476-494 The Effect of State Maximum-Hours Laws on the Employment of Women in 1920
by Landes, Elisabeth M
- 495-503 The Leontief Paradox, Reconsidered
by Leamer, Edward E
- 504-525 Income Distribution and the Aggregate Consumption Function
by Musgrave, Philip
- 526-538 Job Queues and Layoffs in Labor Markets with Flexible Wages
by Weiss, Andrew W
- 539-549 Simultaneous-Equations Tests of the Natural Rate and Other Classical Hypotheses
by Cuddington, John T
- 550-560 Indexation, Inflationary Finance, and Hyperinflation: The 1945-1946 Hungarian Experience
by Bomberger, W A & Makinen, G E
- 561-577 Relative Capital Formation in the United States
by Adams, James D
- 578-597 Person-Specific Information in the Labor Market
by MacDonald, Glenn M
- 598-607 Money Demand Responsiveness to the Rate of Return on Money: A Methodological Critique
by Carlson, John A & Frew, James R
- 608-616 Anthropology and Economics: Review Article
by Posner, Richard A
- 617-619 On the Auction Mechanism and Its Incentive Compatibility: Comment
by Brubaker, Earl R
- 620-629 The Effect of Americanization on Earnings: Some Evidence for Women
by Long, James E
April 1980, Volume 88, Issue 2
- 221-233 The Role for Active Monetary Policy in a Rational Expectations Model
by Weiss, Laurence M
- 234-258 Economic Losses from Forecasting Error in Agriculture
by DeCanio, Stephen J
- 259-287 Money-financed Fiscal Policy in a Growing Economy
by Infante, Ettore F & Stein, Jerome L
- 288-307 Agency Problems and the Theory of the Firm
by Fama, Eugene F
- 308-327 Search and Market Equilibrium
by MacMinn, Richard D
- 328-348 Life-Cycle Labor Supply and Fertility: Causal Inferences from Household Models
by Rosenzweig, Mark R & Wolpin, Kenneth I
- 349-369 Why Workers Want Unions: The Role of Relative Wages and Job Characteristics
by Farber, Henry S & Saks, Daniel H
- 370-384 Capital Controls, Political Risk, and Deviations from Interest-Rate Parity
by Dooley, Michael P & Isard, Peter
- 385-394 The "Problem" of Procyclical Real Wages and Productivity
by Tatom, John A
- 395-399 Market Structure and Optimal Stockholding: A Note
by de Meza, David & von Ungern Sternberg, Thomas
- 400-405 Saving and the Rate of Interest: A Clarifying Note
by Bender, Bruce & Dwyer, Gerald P, Jr
- 406-411 Is the Preferred-Habitat Model of the Term Structure Inconsistent with Financial Market Efficiency?
by Mishkin, Frederic S
- 412-427 The Effects of Traffic Safety Regulation in Sweden
by Lindgren, Bjorn & Stuart, Charles
February 1980, Volume 88, Issue 1
- 1-23 Aggregate Dynamics and Staggered Contracts
by Taylor, John B
- 24-58 An Economic Theory of Monetary Reform
by Flood, Robert P & Garber, Peter M
- 59-75 Federal Taxes and Homeownership: Evidence from Time Series
by Rosen, Harvey S & Rosen, Kenneth T
- 76-99 Alcoa: The Influence of Recycling on Monopoly Power
by Swan, Peter L
- 100-116 Optimal Hedging under Price and Quantity Uncertainty: The Case of a Cocoa Producer
by Rolfo, Jacques
- 117-134 The Decline in Male Labor Force Participation
by Parsons, Donald O
- 135-145 Stochastic Dominance in Human Capital
by Eden, Benjamin
- 146-173 Open-Market Operations in a Model of Regulated, Insured Intermediaries
by Bryant, John & Wallace, Neil
- 174-185 A Nominal Theory of the Nominal Rate of Interest and the Price Level
by Martins, Marco Antonia Campos
- 186-193 Human and Nonhuman Wealth in Demand-for-Money Functions
by Laumas, G S & Ram, Rati
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