Content
April 1999, Volume 65, Issue 4
- 900-913 Persistence in International Inflation Rates
by Christopher F. Baum & John T. Barkoulas & Mustafa Caglayan - 914-926 Loan Pushing and Triadic Relations
by Ashwini Deshpande - 927-939 The Role of Innovation in the Postentry Performance of New Small Firms: Evidence from Italy
by Alessandro Arrighetti & Marco Vivarelli - 940-952 Optimal Export Taxes with an Endogenous Location
by Hong Hwang & Chao‐cheng Mai - 953-958 Nepotism, Discrimination, and the Persistence of Utility‐Maximizing, Owner‐Operated Firms: Comment
by Shmuel Sharir - 959-963 Nepotism, Discrimination, and the Persistence of Utility‐Maximizing, Owner‐Operated Firms: Reply
by Larry D. Singell & James Thornton - 964-965 The Tobacco Wars By Walter Adams and James Brock. Cincinnati, OH: Southwestern College Publishing, 1998; Pp. xi, 209. $11.95 (paperback)
by Roger D. Blair - 965-967 A History of Economic Thought: The LSE Lectures By Lionel Robbins, edited by Steven G. Medema and Warren J. Samuels. Princeton, NJ: Princeton University Press, 1998. Pp. xxviii, 359. $39.95
by Bruce Caldwell - 967-970 Say's Law and the Keynesian Revolution: How Macroeconomics Lost its Way By Steven Kates. Cheltenham, UK: Edward Elgar Publishing, 1998. Pp. ix, 252. $80.00
by Petur O. Jonsson - 970-972 Teaching Undergraduate Economics: A Handbook for Instructors By William Walstad and Phillip Saunders. Burr Ridge, IL: Irwin/McGraw‐Hill, 1998. Pp. x, 368. $34.00
by Karl E. Case - 972-973 The Welfare State in Transition: Reforming the Swedish Model Edited by Richard B. Freeman, Robert Topel, and Birgitta Swedenborg. Chicago: University of Chicago Press, 1997. Pp. ix, 477. $74.00
by James Ronald Stanfield - 973-975 Development Economics By Debraj Ray. Princeton, NJ: Princeton University Press, 1998. Pp. xvii, 848. $55.00
by Howard Pack - 975-978 Channeling Violence: The Economic Market for Violent Television Programming By James T. Hamilton. Princeton, NJ: Princeton University Press, 1998. Pp. xix, 390. $35.00
by Tyler Cowen - 978-981 More Guns, Less Crime: Understanding Crime and Gun Control Laws By John R. Lott, Jr. Chicago, IL: University of Chicago Press, 1998, Pp. x, 225. $23.00
by William F. Shughart II
January 1999, Volume 65, Issue 3
- 375-376 Walter Adams: In Memoriam
by Kenneth G. Elzinga - 377-404 Electoral Incentives, Public Policy, and the New Deal Realignment
by Robert K. Fleck - 405-426 Instability of Equilibria in Experimental Markets: Upward‐Sloping Demands, Externalities, and Fad‐Like Incentives
by Charles R. Plott & Jared Smith - 427-450 Are the Roots of the Modern Lex Mercatoria Really Medieval?
by Oliver Volckart & Antje Mangels - 451-471 An Equilibrium Theory of Wage and Employment Cyclicality by Gender and by Industry
by Donggyun Shin - 472-492 The Impact of Foreign Trade on the Employment of Unskilled U.S. Workers: Some New Evidence
by Frederic L. Pryor - 493-512 What Explains Wage Differences Between Union Members and Covered Nonmembers?
by Edward J. Schumacher - 513-525 The Political Economy of Trade Liberalization and Environmental Policy
by Per G. Fredriksson - 526-538 Training, Wages, and the Human Capital Model
by Jonathan R. Veum - 539-556 Minimum Wages, On‐the‐Job Training, and Wage Growth
by Adam J. Grossberg & Paul Sicilian - 557-570 Statistical Inferences for Testing Marginal Rank and (Generalized) Lorenz Dominances
by Buhong Zheng - 571-583 The Effectiveness of Vehicle Safety Inspections: An Analysis Using Panel Data
by David Merrell & Marc Poitras & Daniel Sutter - 584-593 Time‐Varying Response of Monetary Policy to Macroeconomic Conditions
by Chung‐Hua Shen & David R. Hakes & Kenneth Brown - 594-602 Are Wages Too Low? Empirical Implications of Efficiency Wage Models
by Thomas J. Carter - 603-610 Teaching Economics with Classroom Experiments: A Symposium
by Charles A. Holt - 611-621 Multimarket Equilibrium, Trade, and the Law of One Price
by Susan K. Laury & Charles A. Holt - 622-629 Agendas and Strategic Voting
by Charles A. Holt & Lisa R. Anderson - 630-636 Coordination
by C. Monica Capra & Charles A. Holt - 637-647 Employment and Prices in a Simple Macroeconomy
by Jacob K. Goeree & Charles A. Holt - 648-650 European Monetary Unification: Theory, Practice, and Analysis By Barry Eichengreen. Cambridge, MA: MIT Press, 1997. Pp. v, 349. $45.00
by Anup Wadhawan - 650-653 Financial Markets and European Monetary Cooperation: The Lessons of the 1992‐93 Exchange Rate Mechanism Crisis By Willem H. Buiter, Giancarlo Corsetti, and Paolo A. Pesenti. Cambridge, MA: MIT Press, 1998. Pp. xii, 223. $49.95
by Anup Wadhawan - 653-656 The Great Depression: An International Disaster of Perverse Economic Policies By Thomas E. Hall and J. David Ferguson. Ann Arbor: University of Michigan Press, 1998. Pp. xvii, 194. $42.50
by George Selgin - 656-659 More Guns, Less Crime: Understanding Crime and Gun Control Laws By John R. Lott, Jr. Chicago: University of Chicago Press, 1998. Pp. x, 225. $23.00
by William F. Shughart II - 659-661 Indonesian Labour in Transition: An East Asian Success Story? By Chris Manning. Cambridge, UK: Cambridge University Press, 1998. Pp. xxii, 323. $59.95
by Osman Suliman - 661-664 The Myth of Adam Smith By Salim Rashid. Cheltenham, UK: Edward Elgar, 1998. Pp. X, 227. $80.00
by Spencer J. Pack - 664-668 The Struggle over the Soul of Economics: Institutionalist and Neoclassical Economists in America between the Wars By Yuval Yonay. Princeton, NJ: Princeton University Press, 1998. Pp. xiii, 290. $39.50
by Bruce J. Caldwell
October 1998, Volume 65, Issue 2
- 203-203 Editor's Report
by Jonathan Hamilton - 204-222 The Leverage Theory of Tying Revisited: Evidence from Newspaper Advertising
by Margaret E. Slade - 223-244 Relative Price Determination in the Medium Run: The Influence of Wages, Productivity, and International Prices
by Jack Strauss - 245-263 Discrimination by Gender and Disability Status: Do Worker Perceptions Match Statistical Measures?
by Kevin F. Hallock & Wallace Hendricks & Emer Broadbent - 264-281 Mixed Oligopoly, Privatization, and Strategic Trade Policy
by Debashis Pal & Mark D. White - 282-293 Switching Costs in the Wholesale Distribution of Cigarettes
by Kenneth G. Elzinga & David E. Mills - 294-307 Rural‐Urban Wage Differentials, Unemployment, and Efficiency Wages: An Open Economy Policy Analysis
by Judith C. Chin - 308-321 Liquidity, Transaction Costs, and Real Activity
by Junxi Zhang - 322-330 Delaying Inter Vivos Transmissions Under Asymmetric Information
by H. Cremer & P. Pestieau - 331-340 Efficiency Wages, Partial Wage Rigidity, and Money Nonneutrality
by Chung‐Cheng Lin & Ching‐Chong Lai - 341-354 Taxing USA Tomorrow
by Lawrence Lokken - 355-358 The Origins of Intergenerational Inequality
by Robert A. Margo - 359-360 Cracking the Code: Making Sense of the Corporate Alternative Minimum Tax By Andrew B. Lyon. Washington, DC: Brookings Institution Press, 1997. Pp. xi, 156. $16.95 paper, $38.95 cloth
by Daniel J. Lathrope - 361-362 Workdays, Workhours, and Work Schedules By Daniel S. Hamermesh. Kalamazoo, MI: W. E. Upjohn Institute for Employment Research, 1996. Pp. x, 155. $24.00
by Jennifer Hunt - 362-364 The Vanishing Irish: Households, Migration, and the Rural Economy in Ireland, 1850‐1914 By Timothy W. Guinnane. Princeton, NJ: Princeton University Press, 1997. Pp. xvii, 335. $49.50
by Robert A. Margo - 364-366 Asking About Prices: A New Approach to Understanding Price Stickiness By Alan S. Blinder, Elie R. D. Canetti, David E. Lebow, and Jeremy B. Rudd. New York, NY: Russell Sage Foundation, 1998. Pp. xiv, 380. $34.95
by David Denslow - 366-368 Modeling Bounded Rationality By Ariel Rubinstein. Cambridge, MA: The MIT Press, 1998. Pp. viii, 208. $16.95
by Daniel Friedman - 368-370 Is it Time to Reform Social Security? By Edward M. Gramlich. Ann Arbor, MI: University of Michigan Press, 1998. Pp. xi, 103. $24.95
by Dean Baker - 370-372 Hard Lessons: Public Schools and Privatization By Carol Ascher, Norm Frucher, and Robert Berne. New York, NY: Twentieth Century Fund Press, 1996. Pp. xi, 144. $9.95
by William R. Johnson
July 1998, Volume 65, Issue 1
- 1-19 The Two Faces of Adam Smith
by Vernon L. Smith - 20-41 Racial Earnings Disparities and Family Structure
by William A. Darity & Samuel L. Myers & Chanjin Chung - 42-63 Birthweight Productivity of Prenatal Care
by Geoffrey Warner - 64-82 Rational Partisan Theory: Empirical Evidence for the United States
by Fredrik Carlsen - 83-97 The Impact of Regulation on Input Substitution and Operating Cost
by Gerald Granderson & C. A. Knox Lovell - 98-112 Learning in Sequential Auctions
by Thomas D. Jeitschko - 113-126 Persuasive Advertising and Product Differentiation
by Nils‐Henrik M. von der Fehr & Kristin Stevik - 127-139 The Effect of Separation Bonuses on Voluntary Quits: Evidence from the Military's Downsizing
by Stephen L. Mehay & Paul F. Hogan - 140-150 Taxation, Fines, and Producer Liability Rules: Efficiency and Market Structure Implications
by Stephen F. Hamilton - 151-159 Effects of U.S. Trade Remedy Law Enforcement under Uncertainty: The Case of Steel
by Jae W. Chung - 160-168 Part‐Whole Bias in Contingent Valuation: Will Scope Effects Be Detected with Inexpensive Survey Methods?
by John C. Whitehead & Timothy C. Haab & Ju‐Chin Huang - 169-177 Experimental Results on Expressed Certainty and Hypothetical Bias in Contingent Valuation
by Karen Blumenschein & Magnus Johannesson & Glenn C. Blomquist & Bengt Liljas & Richard M. O'Conor - 178-181 Imperfect Labor Mobility and Unemployment in LDC's: Comment
by John Gilbert & and Mia Mikic - 182-184 Imperfect Labor Mobility and Unemployment in LDCs: Reply
by Amar K. Parai & Hamid Beladi - 185-187 Determinants of Economic Growth By Robert Barro. Cambridge, MA: MIT Press, 1997. Pp. xii, 145. $22.50
by Stephen Knack - 187-190 Competition and Monopoly in the Federal Reserve System, 1914‐1951: A Microeconomics Approach to Monetary History By Mark Toma. Cambridge, UK: Cambridge University Press, 1997. Pp. xiv, 132. $49.95
by George Selgin - 190-192 Pension Plans and Employee Performance: Evidence, Analysis and Policy By Richard A. Ippolito. Chicago: University of Chicago Press, 1997. Pp. xiv, 259. $34.95
by Michael R. Veall - 192-195 Fortress America: Gated Communities in the United States. By Edward J. Blakely and Mary Gail Snyder. Washington, DC: Brookings Institution Press, 1997. Pp. xi, 209. $24.95
by Jeffrey J. Pompe & James R. Rinehart - 195-198 Economics as a Moral Science: The Political Economy of Adam Smith. By Jeffrey T. Young. Cheltenham, UK: Edward Elgar Publishing, 1997. Pp. x, 225. $80.00
by John J. Bethune - 198-202 Understanding Saving: Evidence from the United States and Japan. By Fumio Hayashi. Cambridge, MA: MIT Press, 1997. Pp. x, 510. $50.00
by Annamaria Lusardi
April 1998, Volume 64, Issue 4
- 805-826 Intergroup Disparity: Economic Theory and Social Science Evidence
by William A. Darity - 827-856 Children as Income‐Producing Assets: The Case of Teen Illegitimacy and Government Transfers
by George R. G. Clarke & Robert P. Strauss - 857-879 Investment During the Great Depression: Uncertainty and the Role of the Smoot‐Hawley Tariff
by Robert B. Archibald & David H. Feldman - 880-901 Do Real Estate Brokers Choose to Discriminate? Evidence from the 1989 Housing Discrimination Study
by Jan Ondrich & Alex Stricker & John Yinger - 902-921 Dynamic Portfolio Adjustment and Capital Controls: A Euler Equation Approach
by D. Peter Broer & W. Jos Jansen - 922-939 Advertising and Quality in the U.S. Market for Automobiles
by Mark W. Nichols - 940-956 Tax and Spend, or Spend and Tax? An Inquiry into the Turkish Budgetary Process
by Ali F. Darrat - 957-972 Exchange Rates, Domestic Prices, and Central Bank Actions: Recent U.S. Experience
by David C. Parsley & Helen A. Popper - 973-986 Does GDP Distort Mexico's Economic Performance?
by Scott M. Fuess & Hendrik Van den Berg - 987-1000 Political Business Cycles and Endogenous Elections
by Jac C. Heckelman & Hakan Berument - 1001-1010 The Median Voter According to GARP
by Geoffrey K. Turnbull & Chinkun Chang - 1011-1012 Competitive Governments: An Economic Theory of Politics and Public Finance By Albert Breton. New York: Cambridge University Press, 1996. Pp. 384. $54.95
by Donald Wittman - 1012-1016 Cooperative Microeconomics: A Game‐Theoretic Introduction By Hervé Moulin. Princeton, NJ: Princeton University Press, 1995. Pp. ix, 454. $49.50
by Dimitrios Diamantaras - 1016-1018 Global Challenges By Todd Sandler. New York: Cambridge University Press, 1997. Pp. xvii, 234. $54.95
by Nir Becker - 1019-1021 Evolutionary Games and Equilibrium Selection By Larry Samuelson. Cambridge, MA: The MIT Press, 1997. Pp. ix, 309. $40.00
by Claudio Mezzetti - 1021-1023 Confidence, Credibility and Macroeconomic Policy By Richard C. K. Burdekin and Farrokh K. Langdana. New York: Routledge, 1995. Pp. 169. $65.00
by Tom Cate - 1023-1025 Designs Within Disorder: Franklin D. Roosevelt, the Economists, and the Shaping of American Economic Policy, 1933‐1945 By William J. Barber. Cambridge, UK: Cambridge University Press, 1996. Pp. ix, 178. $44.95
by Frank G. Steindl - 1025-1028 Against the Tide: An Intellectual History of Free Trade By Douglas A. Irwin. Princeton, NJ: Princeton University Press, 1996. Pp. viii, 265. $29.95
by Mario J. Crucini
January 1998, Volume 64, Issue 3
- 603-627 The Cost of Discrimination: A Study of Major League Baseball
by Andrew Hanssen - 628-647 Quality Expectations, Reputation, and Price
by Stuart Landon & Constance E. Smith - 648-664 Historical Decomposition of Aggregate Demand and Supply Shocks in a Small Macro Model
by James S. Fackler & W. Douglas McMillin - 665-681 A Consistent Method for Calibrating Contingent Value Survey Data
by Carol Mansfield - 682-697 Fiscal Policy in a Growth Model with Both Altruistic and Nonaltruistic Agents
by Philippe Michel & Pierre Pestieau - 698-712 Welfare Consequences of Alternative Insurance Contracts in the Mixed For‐Profit/Nonprofit Hospital Market
by Avi Dor & Harry Watson - 713-727 New Wine in Old Bottles: A Meta‐Analysis of Ricardian Equivalence
by T. D. Stanley - 728-740 Effects of Government Spending on the Current Account with Endogenous Time Preference
by Wen‐Ya Chang & Hsueh‐Fang Tsai & Wen‐Fang Liu - 741-752 How the Client Effect Moderates Price Competition
by Dwight R. Lee & Richard B. McKenzie - 753-764 Profit versus Cost Frontier Estimation of Price and Technical Inefficiency: A Parametric Approach with Panel Data
by Scott E. Atkinson & Christopher Cornwell - 765-771 The Fischer Black Hypothesis: Some Time‐Series Evidence
by Tony Caporale & Barbara McKiernan - 772-779 Research, Teaching, and Practice in Experimental Economics: A Progress Report and Review
by Sheryl B. Ball - 780-781 In Pursuit of Leviathan: Technology, Institutions, Productivity, and Profits in American Whaling, 1816‐1906 By Lance E. Davis, Robert E. Gallman, and Karin Gleiter. Chicago and London: University of Chicago Press, 1997. Pp. xii, 550. $80.00
by Tomas Nonnenmacher - 781-783 Rationality, Allocation, and Reproduction By Vivian Walsh. New York: Oxford University Press, 1996. Pp. 304. $65.00
by D. Wade Hands - 783-785 The Failure of Antitrust and Regulation to Establish Competition in Long‐Distance Services1 By Paul W. MacAvoy. Cambridge, MA: The MIT Press, 1996. Pp. xviii, 314. $50.00
by Timothy J. Tardiff - 786-787 Ownership and Performance in Electric Utilities By Michael G. Pollitt. Oxford University Press for the Oxford Institute for Energy Studies, 1995. Pp. xvi, 240. $98.00
by Joseph A. Doucet - 787-789 Themes in Macroeconomic History: The UK Economy, 1919‐1939 By Solomos Solomou. New York: Cambridge University Press, 1996. Pp. ix, 195. $49.95 cloth
by Clair E. Morris - 789-791 Money for Nothing: Politicians, Rent Extraction, and Political Extortion By Fred S. McChesney. Cambridge, MA: Harvard University Press, 1997. Pp. xi, 216. $35.00
by Dwight R. Lee - 791-794 Growing Artificial Societies: Social Science from the Bottom Up By Joshua M. Epstein and Robert Axtell. Washington, D.C.: Brookings Institution Press, 1996. Pp. xv, 208. $18.95
by John Duffy - 794-797 Buying the Best: Cost Escalation in Elite Higher Education By Charles T. Clotfelter. Princeton, NJ: Princeton University Press, 1996. Pp. xxi, 272. $29.95
by Hirschel Kasper - 798-799 Farm Policy and Trade Conflict: The Uruguay Round and CAP Reform By Alan Swinbank and Carolyn Tanner. Ann Arbor: University of Michigan Press, 1996. Pp. xii, 178. $39.50
by Thomas Grennes
October 1997, Volume 64, Issue 2
- 379-379 Tribute: Vincent J. Tarascio
by John J. Siegfried - 381-383 Editorial Statement
by Jonathan H. Hamilton - 384-401 From Income Inequality to Economic Inequality
by Amartya K. Sen - 402-424 Dumping on Free Trade: The U.S. Import Trade Laws
by Joseph E. Stiglitz - 425-449 A Test of a Theory of Strategically Retaliatory Trade Barriers
by Kishore Gawande - 450-467 Purchasing Power Parity in High‐Inflation Countries: A Cointegration Analysis of Integrated Variables with Trend Breaks
by Su Zhou - 468-485 Optimal Taxation in a Federal System of Governments
by Russell S. Sobel - 486-502 The Short‐Run Relationship Between Sectoral Shifts and U.S. Labor Market Fluctuations
by Paul R. Blackley - 503-516 Public Policy and Youth Smokeless Tobacco Use
by Frank J. Chaloupka & John A. Tauras & Michael Grossman - 517-530 Scissors or Horizon: Neoclassical Debates about Returns to Scale, Costs, and Long‐Run Supply, 1926‐1942
by Nahid Aslanbeigui & Michele I. Naples - 531-541 International Capital Competition and Environmental Standards
by Chi‐Chur Chao & Eden S. H. Yu - 542-554 Expense Preference Behavior and Contract‐Management: Evidence from U.S. Hospitals
by Avi Dor & Sarah Duffy & Herbert Wong - 555-566 Faux Predation in Markets with Imperfect Information on Product Quality
by Brad Kamp & Christopher R. Thomas - 567-575 Estimating Permanent and Transitory Components of GNP Using Consumption Information
by S. Kirk Elwood - 576-583 Level of Economic Development and Income Inequality: Evidence from the Postwar Developed World
by Rati Ram - 584-587 The Effects of Import Quotas on National Welfare: Comment
by Omer Gokcekus & Edward Tower - 588-591 The Effects of Import Quotas on National Welfare: Reply
by Theodore Palivos & Chong K. Yip - 592-594 A Shock to the System. By Timothy Brennan, Karen Palmer, Raymond Kopp, Alan Krupnick, Vito Stagliano, and Dallas Burtraw. Washington, DC: Resources for the Future, 1996. Pp. xviii, 138. $18.95
by Peter M. Schwarz - 594-597 It Takes a Nation: A New Agenda for Fighting Poverty. By Rebecca M. Blank. Princeton, NJ: Princeton University Press, 1997. Pp. xvi, 340. $29.95
by Robert A. Margo - 597-598 Taxing Ourselves: A Citizen's Guide to the Great Debate Over Tax Reform. By Joel Slemrod and Jon Bakija. Cambridge, MA: MIT Press, 1996. Pp. 299. $25.00
by John Burbidge - 598-601 Curb Rights: A Foundation for Free Enterprise in Urban Transit. By Daniel B. Klein, Adrian T. Moore, and Binyam Reja. Washington, DC: Brookings Institution Press, 1997. Pp. 141. $36.95
by Peter Gordon
July 1997, Volume 64, Issue 1
- 1-18 The Problem of Knowledge in Economics
by Vincent J. Tarascio - 19-33 A New Keynesian Model of Policy Irrelevance
by Steven F. Sullivan - 34-44 Demographic Change and Income Inequality in the United States, 1976‐1989
by John A. Bishop & John P. Formby & W. James Smith - 45-55 The Unobserved Relation Regressions Model with an Application to Used Truck Prices
by Andrew J. Yates - 56-74 Full Employment: A Classical Assumption or Keynes's Rhetorical Device?
by James C. W. Ahiakpor - 75-84 Decision Making under Uncertainty When the Stakes Are High: Evidence from a Lottery Game Show
by Philip L. Hersch & Gerald S. Mcdougall - 85-96 Debt Structure as an Indicator of Central Bank Independence
by Victoria J. Miller - 97-104 Money, Income and Dynamic Lag Patterns
by Jim Lee - 104-117 Durable Goods Monopoly with Limited Choice of Commitment Strategy: When Should the Monopolist Precommit?
by Paul S. Calem - 118-129 The Cyclical Behavior of Price Elasticity of Demand
by Martha K. Field & Emilio Pagoulatos - 130-146 Aggregate Merger Activity: New Evidence on the Wave Hypothesis
by Scott C. Linn & Zhen Zhu - 147-166 The Growth of Tigers, Elephants, and Other Metaphorical Creatures under Heterogeneous Capital
by James H. Gapinski - 167-179 Welfare Benefits and Illegitimacy in the U.S.: Reconciling Contradictory Trends
by C. R. Winegarden & Paula Bracy - 180-190 Imperfect Labor Mobility and Unemployment in LDCs
by Amar K. Parai & Hamid Beladi - 191-219 Franchise Free Agency in Professional Sports Leagues
by John Vrooman - 220-234 Direct Vertical Integration Strategies
by James L. Hamilton & Ibrahim M. Mqasqas - 235-254 Conditional Exchange‐Rate Volatility and the Volume of Foreign Trade: Evidence from Seven Industrialized Countries
by Augustine C. Arize - 255-267 Retroactive Benefits in Income Replacement Programs: Results from a Modified Natural Experiment
by William P. Curington & Amy Farmer & W. David Allen - 268-280 Will Legislated Early Intervention Prevent the Next Banking Crisis?
by Joe Peek & Eric S. Rosengren - 281-292 Government Debt, Human Capital, and Endogenous Growth
by Jie Zhang - 293-306 Border‐Crossing Sales, Tax Avoidance, and State Tax Policies: An Application to Alcohol
by T. Randolph Beard & Paula A. Gant & Richard P. Saba - 307-320 Market Structure in the Production of Economics Ph.D.'s
by Frank A. Scott & Jeffrey D. Anstine - 321-325 Externalities in a Hotelling Model
by Yamini Gupt & Emiel C. H. Veendorp - 326-329 Two Centuries of U.S. Productivity Growth
by John W. Kendrick - 330-331 The Keynesian Fallout. By Narindar Singh. New Delhi/Thousand Oaks/London: Sage Publications, 1996. Pp. 258. $16.95 paper
by James C. W. Ahiakpor - 331-332 The Limits of Public Choice: A Sociological Critique of the Economic Theory of Politics. By Lars Udehn. London and New York: Routledge, 1996. Pp. xi, 447. $25.00
by John J. Bethune - 332-333 Macroeconomics and the Japanese Economy. By Hiroshi Yoshikawa. Oxford: Clarendon Press/Oxford University Press, 1995. Pp. xix, 472. $74.00
by Martin Bronfenbrenner - 333-335 The State of Humanity. By Julian L. Simon. Cambridge, Mass.: Blackwell Publishers, 1995. Pp. viii, 694. $54.95 cloth, $22.95 paper
by Tom Cate - 335-336 Hospital Cost Analysis. By James R. G. Butler. Boston: Kluwer Academic Publishers, 1995. Pp. xxii, 393. $79.00
by Avi Dor - 336-337 Advances in the Economics of Aging. Edited by David A. Wise. Chicago: University of Chicago Press, 1996. Pp. ix, 354. $65.00
by Donald E. Frey - 337-339 Foundations of International Macroeconomics. By Maurice Obstfeld and Kenneth Rogoff. Cambridge Mass.: MIT Press, 1996. Pp. xxiii, 804. $59.95
by Richard T. Froyen - 339-340 The Natural Rate of Unemployment: Reflections on 25 Years of the Hypothesis. Edited by Rod Cross. Cambridge: Cambridge University Press, 1995, Pp. xiv, 382. $27.95
by Roger W. Garrison - 340-341 Public Spending and the Poor. Edited by Dominique van de Walle and Kimberly Nead. Baltimore and London: The Johns Hopkins University Press, 1996. Pp. xviii, 619. $69.95
by Paul W. Grimes - 341-342 World Economic Primacy: 1500‐1990. By Charles P. Kindleberger. New York and Oxford: Oxford University Press, 1996. Pp. xiv, 269. $35.00
by William Guthrie - 342-343 Contaminated Land. By Peter Meyer, Richard Williams and Kristen R. Yount. Brookfield, Vermont and Aldershot, UK: Edward Elgar, 1995. Pp. x, 223. $69.95
by Shawkat Hammoudeh - 343-344 Lauderdale's Notes on Adam Smith's Wealth of Nations. Edited by Chuhei Sugiyama. London and New York: Routledge, 1996. Pp. 168. $65.00
by Glenn Hueckel - 344-345 Keeping Score: The Economics of Big‐Time Sports. By Richard G. Sheehan. South Bend, Indiana, 1996. Pp. xi, 339. $18.95
by Bruce K. Johnson - 345-347 Monetary Interpretations of the Great Depression. By Frank G. Steindl. Ann Arbor, Michigan: University of Michigan Press, 1996. Pp. xiv, 197. $42.50
by Herbert M. Kaufman - 347-348 Uncertainty in Economic Thought. Edited by Christian Schmidt. Cheltenham, UK and Brookfield, US: Edward Elgar, 1996. Pp. viii, 239. $79.95
by Israel M. Kirzner - 348-349 The Making of Economic Policy: A Transaction‐Cost Politics Perspective. By Avinash K. Dixit. Cambridge, Mass.: The MIT Press, 1996. Pp. xvii, 192. $22.50
by Jim Leitzel - 349-350 The Causes and Costs of Depository Institution Failures. Edited by Allin F. Cottrell,Michael S. Lawlor, and John H. Wood. The Netherlands: Kluwer Academic Publishers, 1995. Pp. vii, 250. $89.95
by Christine Loucks - 350-352 Adam Smith's System of Liberty, Wealth, and Virtue: The Moral and Political Foundations of the Wealth of Nations. By Athol Fitzgibbons. Oxford and New York: Oxford University Press, 1995. Pp. 214. $48.00
by S. Todd Lowry - 352-353 Accounting for Tastes. By Gary S. Becker. Cambridge, Mass. and London: Harvard University Press, 1996. Pp. viii, 268. $35.00
by Larry T. McRae - 353-355 The Tyranny of the Market: A Critique of Theoretical Foundations. By Douglas Vickers. Ann Arbor, Michigan: University of Michigan Press, 1996. Pp. ix, 261. $49.50
by Leland G. Neuberg - 355-358 Game Theory and the Social Contract. Vol. II: Just Playing. By Ken Binmore. Cambridge, Mass.: The MIT Press, 1997. Pp. 540. $39.95
by Andreas Ortmann - 358-358 The Florida Land Boom: Speculation, Money and the Banks. By William Frazer and John Guthrie, Jr. Westport, Connecticut: Quorum Books, 1995. Pp. x, 181. $29.95
by Richard A. Phillips - 359-360 Beyond Positivism and Relativism: Theory, Method, and Evidence. By Larry Laudan. Oxford and New York: Westview Press, 1996. Pp. ix, 277. $22.95
by David L. Prychitko - 360-362 Economic Policy and Stabilization in Latin America. By Nader Nazmi. New York: M. E. Sharpe, 1996. Pp. xiii, 207. $55.00 cloth, $24.95 paper
by Miguel D. Ramirez - 362-363 Divergent Paths: How Culture and Institutions Have Shaped North American Growth. By Marc Egnal. New York: Oxford University Press, 1996. Pp. xvi, 300. $45.00
by Warren J. Samuels - 363-365 Economic Institutions, Markets and Competition: Centralization and Decentralization in the Transformation of Economic Systems. Edited by Bruno Dallago and Luigi Mittone. Cheltenham, UK and Brookfield, Vermont: Edward Elgar Publishing Co., 1996. Pp. xv, 400. $94.95
by David Schap - 365-366 Economic Effects of Fundamental Tax Reform. Edited by Henry Aaron and William Gale. Washington, D.C.: Brookings Institution Press, 1996. Pp. xvii, 521. $52.95 cloth, $24.95 paper
by Russell S. Sobel - 366-367 Currency and Coercion: The Political Economy of International Monetary Power. By Jonathan Kirshner. Princeton: Princeton University Press, 1995. Pp. 289. $39.50
by Scott Sumner - 368-369 Biodiversity Loss: Economic and Ecological Issues. Edited by Charles Perrings, Karl‐Göran Mäler, Carl Folke, C. S. Holling, and Bengt‐Owe Jansson. Cambridge: Cambridge University Press, 1995. Pp. ix, 332. $54.95
by Stephen K. Swallow - 369-371 The World Economy and National Finance in Historical Perspective. By Charles P. Kindleberger. Ann Arbor, Michigan: The University of Michigan Press, 1996. Pp. vi, 257. $47.50
by Kashi Nath Tiwari - 371-372 Job Creation and Destruction. By Steven J. Davis, John C. Haltiwanger, and Scott Schuh. Cambridge, Massachusetts: The MIT Press. 1996. Pp. xxii, 280. $30.00
by Charles J. Whalen - 372-374 Funding the Modern American State, 1941‐1995: The Rise and Fall of the Era of Easy Finance. Edited by W. Elliot Brownlee. Cambridge, New York, and Melbourne: Woodrow Wilson Center Press and Cambridge University Press, 1996. Pp. xi, 467. $59.95
by Duane Windsor - 374-375 The Microstructure of Foreign Exchange Markets. Edited by Jeffrey A. Frankel, Giampaolo Galli, and Alberto Giovannini. Chicago and London: The University of Chicago Press, 1996. Pp. x, 356. $65.00
by Kin‐Wah Richard Wong - 375-376 Arab Industrialization in Israel: Ethnic Entrepreneurship in the Periphery. By Izhak Schnell, Michael Sofer, and Israel Drori. Westport, Conn.: Praeger Publishers, 1995. Pp. ix, 204. $55.00
by J. W. Wright