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American Economic Review
1969 - 2013
Edited by Pinelopi Koujianou Goldberg
from American Economic Association EDIRC .
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Volume 64, issue 6 , 1974
Structure of the World Economy: Outline of a Simple Input-Output Formulation pp. 823-34 Wassily Leontief All for the Best: The Federal Reseve Board's 60th Annual Report pp. 835-50 Edward J Kane On the Irrelevance of Corporate Financial Policy pp. 851-66 Joseph E. Stiglitz Unemployment, Inflation, and Monetarism pp. 867-87 Jerome L. Stein The Earnings and Promotion of Women Faculty pp. 888-903 George E. Johnson and Frank Peter Stafford The Expected Impact of the Wage-Price Freeze on Relative Shares pp. 904-14 Sol S Shalit and Uri Ben-Zion Pay and Performance in Major League Baseball pp. 915-30 Gerald W Scully Competitive Interest Payments on Bank Deposits and the Long-Run Demand for Money pp. 931-49 Benjamin Klein The Effect of Risk on the Investment in Human Capital pp. 950-63 David Levhari and Yoram Weiss The Measurement of Technical Change Biases with Many Factors of Production pp. 964-76 Hans Peter Binswanger-Mkhize Household Production Theory, Quality, and the "Hedonic Technique." pp. 977-94 John Muellbauer Fairness and Envy pp. 995-1005 Allan M Feldman and Alan P. Kirman Investment Decisions Under Uncertainty: The "Irreversibility Effect." pp. 1006-12 Claude Henry Industrial Organization and International Trade: Some Theoretical Considerations pp. 1013-20 Lawrence J White The Economics of Environmental Preservation: Comment pp. 1021-24 Ronald G Cummings and Virgil Norton The Economics of Environmental Preservation: Comment pp. 1025-29 A Eugene Abrassart and Dale D McFarlane The Economics of Environmental Preservation: Further Discussion pp. 1030-39 Anthony C Fisher , John V Krutilla and Charles J Cicchetti Gains from Trade Under Uncertainty pp. 1040-48 Raveendra N Batra and William R Russell Technological Change, Production, and Investment in Natural Resource Industries pp. 1049-59 Gordon C. Rausser Cropsharing Tenancy in Agriculture: Comment pp. 1060-66 David M Newbery Cropsharing Tenancy in Agriculture: Rejoinder pp. 1067-69 Pranab K. Bardhan and T. N. Srinivasan Incentive Contracts and Competitive Bidding: Comment pp. 1070-71 Colin C Blaydon and Paul W Marshall Incentive Contracts and Competitive Bidding: Reply pp. 1072-73 David P Baron Feige and Parkin on the Optimal Quantity of Money pp. 1074-76 Thomas Russell Population Growth, Agricultural Capital, and the Development of a Dual Economy pp. 1077-85 Yoshio Niho Comment on Corporate Income Taxes and the Cost of Capital: A Correction pp. 1086-87 Pao Lun Cheng Capital and Technology Movements and Economic Welfare pp. 1088-1100 Nobuo Minabe The Foundations of Money Illusion in a Neoclassical Micro-Monetary Model: Errata pp. 1101 Richard Dusansky and Peter J Kalman Volume 64, issue 4 , 1974
The 1974 Report of the President's Council of Economic Advisers: International Issues pp. 523-34 Anne O Krueger The 1974 Report of the President's Council of Economic Advisers: The Control of Inflation and the Future of the International Monetary System pp. 535-43 David Laidler The 1974 Report of the President's Council of Economic Advisers: A Critique of Past and Prospective Economic Policies pp. 544-57 Franco Modigliani The 1974 Report of the President's Council of Economic Advisers: Energy in the Economic Report pp. 558-65 William D. Nordhaus Invariant Economic Index Numbers and Canonical Duality: Survey and Synthesis pp. 566-93 Paul A. Samuelson and S Swamy Technological Change in the Soviet Collective Farm pp. 594-603 Raveendra N Batra Investments in Human Capital and Growth in Personal Income 1956-1966 pp. 604-15 Thomas Johnson and Frederick J Hebein Optimal International Borrowing and Lending pp. 616-30 James A Hanson On Biased Technological Progress pp. 631-39 Akira Takayama The Sizes and Types of Cities pp. 640-56 J. Vernon Henderson Quality Competition, Industry Equilibrium, and Efficiency in the Price-Constrained Airline Market pp. 657-69 George W Douglas and Miller, James C, Factor Proportions and Economic Rationality in Soviet International Trade 1955-1968 pp. 670-81 Steven Rosefielde The Interaction Between Local Government and Urban Residential Location pp. 682-96 Richard E Schuler A Note on the Elasticity of Derived Demand Under Decreasing Returns pp. 697-700 Assaf Razin A Note on the Structure of Optimal Taxation pp. 701-06 Agnar Sandmo The Diagrammatic Analysis of Multiple Consumption Externalities pp. 707-14 Edgar K. Browning Priorities and Pollution: Comment pp. 715-17 Abba P Lerner Priorities and Pollution: Reply pp. 718-23 Jerome L. Stein An Analysis of Turning Point Forecasts: A Fairly Polite Comment pp. 724-27 Rendigs Fels and C Elton Hinshaw An Analysis of Turning Point Forecasts: A Polite Reply pp. 728-29 Herman O. Stekler Transport Costs and the Static Welfare Costs of Tariffs pp. 730-33 Waters, W G, The Theory of the Firm in "Long-Run" Equilibrium pp. 734-41 Eugene Silberberg Relative Efficiency in Wheat Production in the Indian Punjab pp. 742-51 Surjit S Sidhu Redistribution and the Pareto Criterion pp. 752-57 Harold M Hochman and James D Rodgers A Note on Welfare Surpluses and Gains From Trade in General Equilibrium pp. 758-62 James E. Anderson The Coase Proposition, Information Constraints, and Long-Run Equilibrium pp. 763-72 William Schulze and d'Arge, Ralph C The Process Analysis Alternative to Statistical Cost Functions: Comment pp. 773-76 James R Marsden , David E Pingry and Andrew Whinston The Process Analysis Alternative to Statistical Cost Functions: Reply pp. 777-79 James M Griffin Price Discrimination by Regulated Motor Carriers: Comment pp. 780-84 M L Greenhut , M J Hwang and H Ohta Price Discrimination by Regulated Motor Carriers: Reply pp. 785-86 Josephine E Olson On the Durability of Capital Goods Under Imperfect Market Conditions pp. 787-96 Wolfhard Ramm Commodity Trade and Factor Mobility pp. 797-801 Melvyn B Krauss Choice Involving Unwanted Risky Events and Optimal Insurance: Comment pp. 802-03 David S Salkever Choice Involving Unwanted Risky Events and Optimal Insurance: Reply pp. 804 Michael Parkin and S Y Wu The Number of Firms and Competition: Comment pp. 805 Hajime Hori The Number of Firms and Competition: Reply pp. 806 Eugene F. Fama and Arthur B Laffer Volume 64, issue 3 , 1974
General Economic Equilibrium: Purpose, Analytic Techniques, Collective Choice pp. 253-72 Kenneth J. Arrow Capital Importation and Sectoral Development: A Model Applied to Postwar Puerto Rico pp. 273-90 John J Mingo The Political Economy of the Rent-Seeking Society pp. 291-303 Anne O Krueger The Empirical Relationships Between the Dividend and Investment Decisions of Firms pp. 304-18 Eugene F. Fama On the Impact of Uncertainty on the Value and Investment of the Neoclassical Firm pp. 319-36 Guy V G Stevens Land Use and Zoning in an Urban Economy pp. 337-47 William J Stull The Neoclassical Production Function pp. 348-58 Lowell E Gallaway and Vishwa Shukla The Social Costs of Input-Market Distortions pp. 359-72 Daniel Wisecarver Private Incentives and Public Information pp. 373-90 John M Marshall Testing for the Existence of a Consistent Aggregate Index of Labor Inputs pp. 391-404 Ernst R Berndt and Laurits R Christensen The Stochastic Structure of the Velocity of Money pp. 405-18 John P Gould and Charles R Nelson Faculty Salaries: Is There Discrimination by Sex, Race, and Discipline? pp. 419-27 Nancy M Gordon , Thomas E Morton and Ina C Braden The Rationale of the Mean-Standard Deviation Analysis: Comment pp. 428-30 Karl Borch The Rationale of the Mean-Standard Deviation Analysis: Comment pp. 431-33 G O Bierwag The Rationale of the Mean-Standard Deviation Analysis: Comment pp. 434-41 Haim Levy The Rationale of the Mean-Standard Deviation Analysis: Reply and Errata for Original Article pp. 442-50 S C Tsiang Externalities as Commodities: Comment pp. 451-53 Dolbear, F Trenery, Externalities as Commodities: Comment pp. 454-59 Talbot Page and John A Ferejohn Externalities as Commodities: Reply pp. 460-61 Robert A Meyer On Taxation and the Control of Externalities: Comment pp. 462-66 Thomas H Tietenberg On Taxation and the Control of Externalities: Comment pp. 467-71 Earl A Thompson and Ronald Batchelder On Taxation and the Control of Externalities: Reply pp. 472 William Baumol Consumer Preferences and Gains from Trade pp. 473-77 Yeong-Her Yeh A Note on the Price Adjustment Mechanism for Rental Housing pp. 478-81 Lawrence B Smith Phase II, Cost-Push Inflation, and Relative Wages pp. 482-91 Michael L Wachter Earnings, Employment, and Racial Discrimination: Additional Evidence pp. 492-501 B F Kiker and W Pierce Liles On Reanalyzing the Harris-Todaro Model: Policy Rankings in the Case of Sector-Specific Sticky Wages pp. 502-08 Jagdish N Bhagwati and T. N. Srinivasan The Nature of Quantities in Market Disequilibrium pp. 509-14 Herschel . Grossman The Nature of Quantities in Market Disequilibrium: Comment pp. 515-17 E C H Veendorp Volume 64, issue 2 , 1974
The Economics of Resources or the Resources of Economics pp. 1-14 Robert M. Solow The Economics of the Steady State pp. 15-21 Herman E Daly Resources as a Constraint on Growth pp. 22-26 William D. Nordhaus A Growth Model with Population Endogenous pp. 27-32 Richard F Kosobud and O'Neill, William D Resource and Amenity Implications of Population Changes pp. 33-38 Ronald G Ridker The Role of Population in Models of Economic Growth pp. 39-44 Allen C Kelley The Impact of Population Growth on Employment pp. 45-50 Alan Sweezy and Aaron Owens The Political Economy of World Petroleum pp. 51-57 James W McKie Politics, Economics, and World Oil pp. 58-67 M A Adelman Three Lessons pp. 68-70 Paul W McCracken A Strange Expansion pp. 71-74 William J Fellner Lessons from the Current Economic Expansion pp. 75-77 Paul A. Samuelson A Plethora of Lessons from the Recent Expansion pp. 78-81 Otto Eckstein The Legacy of Phase II Price Controls pp. 82-87 Robert F Lanzillotti and Blaine Roberts Wages and the Pay Board pp. 88-92 Daniel J B Mitchell and Arnold R Weber The Inflation Problem During Phase III pp. 93-99 Barry P. Bosworth Price Controls in 1973: Strategies and Problems pp. 100-04 Mary T Hamilton Alternatives to Monetary Policy pp. 105-11 James S Duesenberry Alternative Monetary-Fiscal Policies and Sectoral Credit Flows pp. 112-20 Andrew F Brimmer The Clouded Crystal Ball pp. 121-24 Robert L Heilbroner Some Conjectures on Policy Problems of the 1970's pp. 125-28 Kermit Gordon Economists as Servants of Power pp. 129-32 Samuel Bowles Some Secular Changes in Business Cycles pp. 133-37 Geoffrey H Moore Policy Issues in the International Economy of the 1970's pp. 138-40 Hendrik S Houthakker Some Reasons for the Maximin Criterion pp. 141-46 John Rawls Achieving the Just Polity pp. 147-52 Dennis C. Mueller Political Constraints on Contractual Redistribution pp. 153-57 James M. Buchanan and Winston C Bush Concepts of Distributional Equity: Discussion pp. 158-61 Alvin K Klevorick The Concentration of Personal Wealth, 1922-1969 pp. 162-67 James D Smith and Stephen D Franklin Who Paid the Taxes in 1966? pp. 168-74 Benjamin A Okner and Joseph A Pechman Income Conditioning in a System of Transfer Programs pp. 175-80 Barry L Friedman and Leonard J Hausman Sorting Out the Social Grant Programs: An Economist's Criteria pp. 181-89 Charles L Schultze Cash Versus In-Kind Transfers pp. 190-95 Lester C Thurow Earnings Capacity and the Target Efficiency of Alternative Transfer Programs pp. 196-204 Irwin Garfinkel and Robert H. Haveman Conflicting Objectives in Income Maintenance Programs pp. 205-11 Robert . Lerman and Alair A Townsend A New View of Property Tax Incidence pp. 212-21 Henry J. Aaron Is a Property Tax on Housing Regressive? pp. 222-29 Richard A Musgrave The Property Tax: Progressive or Regressive? Discussion pp. 230-31 Harvey E Brazer The Property Tax: Progressive or Regressive? Discussion pp. 231-32 Dick Netzer The Administered-Price Thesis Denied: Note pp. 232-34 J Fred Weston , Steven Lustgarten and Nanci Grottke The Property Tax: Progressive or Regressive? Discussion pp. 232-33 Ann F Friedlander The Property Tax: Progressive or Regressive? Discussion pp. 233-34 Earl R Rolph The Property Tax: Progressive or Regressive? Discussion pp. 234-35 George E Peterson Recent Trends and Long-Run Prospects for Female Earnings pp. 236-42 Victor R Fuchs Education and Home Production pp. 243-50 Arleen Leibowitz The Effects of Government Expenditures and Taxes on Female Labor pp. 251-56 Michael J Boskin The Elasticity of Substitution and Cyclical Behavior of Productivity, Wages, and Labor's Share pp. 257-63 Thomas J. Sargent and Neil Wallace A Disequilibrium Model of Demand for Factors of Production pp. 264-70 Sherwin Rosen and M Ishaq Nadiri Multinational Corporations and the International Adjustment Process pp. 271-75 Gary Clyde Hufbauer Competition Policy Toward Multinational Corporations pp. 276-82 Raymond Vernon Problems and Policies Affecting Labor's Interests pp. 283-88 George H Hildebrand Prospects and Policy for U.S.-Soviet Trade pp. 289-93 Gregory Grossman Sino-American Trade Prospects and Policy pp. 294-99 Alexander Eckstein and Bruce Reynolds Prospects for U.S.-East European Trade pp. 300-06 Alan A Brown , Paul Marer and Egon Neuberger Capital Controversies: Ancient and Modern pp. 307-16 John R. Hicks On the Relevance of the New Economics of the Family pp. 317-19 Gary S. Becker Economic Theory and Its Discontents pp. 320-22 Vernon L. Smith The State of Theory pp. 323-24 Harry G Johnson Is the Theory of Competitive Equilibrium With It? pp. 325-29 Tjalling C. Koopmans On Stabilization Policy: Goals and Models pp. 330-37 Thomas Muench and Neil Wallace On Optimal Taxation with Costly Administration pp. 338-45 Walter P Heller and Karl Shell How Can Experiments Be More Useful? pp. 346-54 Alice M Rivlin The Use of Surveys for Policy Research pp. 355-64 F. Thomas Juster Airline Capacity Limitation Controls: Public Vice or Public Virtue? pp. 365-71 George C Eads Amtrak in Perspective: Where Goest the Pointless Arrow? pp. 372-77 Edwin P Patton The Wheel: Should We Reinvent It? pp. 378-83 Hugh S Norton The Market for Goods and the Market for Ideas pp. 384-91 Ronald H. Coase Regulation and Diversity in Communications Media pp. 392-99 William F Baxter The Economics of the First Amendment: Discussion pp. 400-02 Bruce Manning Owen Developing Independent Problem-Solving Ability in Elementary Economics pp. 403-07 Rendigs Fels Computer-Aided Instruction for Large Elementary Courses pp. 408-13 Bernard H Booms and D Lynne Kaltreider Introducing Freshmen to the Social System pp. 414-19 Kenneth E Boulding and Elise Boulding The Investment Income Formula of the American Economic Association pp. 420-26 Donald A Nichols What Is Permanent Endowment Income? pp. 427-32 James Tobin A Plan for the Definition of Endowment Income pp. 433-37 James M Litvack , Burton G Malkiel and Richard E Quandt Endowment Income, Capital Gains and Inflation Accounting: Discussion pp. 438-41 Robert Eisner Endowment Income, Capital Gains and Inflation Accounting: Discussion pp. 441-42 Stanley W Black Volume 64, issue 1 , 1974
Limited Knowledge and Economic Analysis pp. 1-10 Kenneth J. Arrow Myopic Optimizing and Rules of Thumb in a Micro-Model of Industrial Growth pp. 11-23 Richard H Day , Samuel A Morley and Kenneth R Smith International Capital Movements and the Patterns of Economic Growth pp. 24-36 Yusuke Onitsuka The Demand and Supply of Durable Goods and Durability pp. 37-55 Richard W Parks Competitive Price Adjustments: An Empirical Study pp. 56-65 Bennett McCallum An Economic Model of Production and Investment for Petroleum Reservoirs pp. 66-79 Robert G Kuller and Ronald G Cummings Can Equalization of Opportunity Reduce Social Mobility? pp. 80-90 John Conlisk Toward a Theory of Multiple Customs Unions pp. 91-101 Sukesh K Ghosh The Dynamics of Inflation in Latin America, 1950-1969 pp. 102-14 Robert C Vogel The Foundations of Money Illusion in a Neoclassical Micro-Monetary Model pp. 115-22 Richard Dusansky and Peter J Kalman Accounting for the Growth of Output pp. 123-35 Spencer Star The Stability Properties of Optimal Economic Policies pp. 136-48 Stephen J Turnovsky Product Liability: The Case of an Asset with Random Life pp. 149-61 John P Brown Capital Markets and the Dynamics of Growth pp. 162-69 Mathew Donald Shane Labor Supply Under Uncertainty and the Rate of Unemployment pp. 170-75 Michael J Hartley and Nagesh S Revankar Default Risk, Homemade Leverage, and the Modigliani-Miller Theorem pp. 176-82 David P Baron Patent Life and R & D Rivalry pp. 183-87 Morton Kamien and Nancy L Schwartz Life Cycle Consumption and Labor Supply: An Explanation of the Relationship Between Income and Consumption Over the Life Cycle pp. 188-94 James J. Heckman Money Illusion and the Aggregate Consumption Function: Note pp. 195-99 George D Craig Semivariance and Stochastic Dominance: A Comparison pp. 200-04 R Burr Porter The Precautionary Demand for Reserves pp. 205-10 Ernst Baltensperger Risk Premiums and the Life Cycle Hypothesis pp. 211-16 Roger J Bowden Private and Social Rates of Return to Education of Academicians: Note pp. 217-19 Lorenzo Figa-Talamanca Private and Social Rates of Return to Education of Academicians: Note pp. 220-24 John A Tomaske Housing Market Discrimination, Homeownership, and Savings Behavior: Comment pp. 225-29 John F McDonald Housing Market Discrimination, Homeownership, and Savings Behavior: Reply pp. 230-31 John F Kain and John M. Quigley Job Quitting and Frictional Unemployment pp. 235-39 J Peter Mattila Soviet Postwar Economic Growth and Capital-Labor Substitution: Comment pp. 240-42 Krishna Telikicherla Kumar and Ephraim Asher Soviet Postwar Economic Growth and Capital-Labor Substitution: Reply pp. 243 Martin L. Weitzman
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