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American Economic Review
1969 - 2013
Edited by Pinelopi Koujianou Goldberg
from American Economic Association EDIRC .
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Volume 65, issue 11 , 1975
Direct Measurement of Popular Price Expectations pp. 169-80 George Menil and Surjit S Bhalla Volume 65, issue 5 , 1975
The 1975 Report of the President's Council of Economic Advisors: A Radical Critique pp. 791-811 James R. Crotty and Leonard A Rapping Securities Market Efficiency in an Arrow-Debreu Economy pp. 812-24 Mark Rubinstein The Consumption Function in a Developing Economy and the Italian Experience pp. 825-42 Franco Modigliani and E Tarantelli Interest Rates, Inflation, and Consumer Expenditures pp. 843-58 Warren E. Weber Exchange Rates and Fiscal Policy in a Popular Model of International Trade pp. 859-71 Rüdiger Dornbusch Equities, Capital Gains, and the Role of Finance in Accumulation pp. 872-86 Basil J. Moore Constraints on Government Investment Opportunities and the Choice of Discount Rate pp. 887-99 David F. Bradford The Demand for Risky Assets pp. 900-922 Irwin Friend and Marshall E Blume An Intergenerational Model of Population Growth pp. 923-33 Assaf Razin and Uri Ben-Zion Search in the Labor Market and the Duration of Unemployment: Some Empirical Evidence pp. 934-42 John Barron Private Preference for Collective Goods Revealed Through Voting on Referenda pp. 943-55 Robert T. Deacon and Perry Shapiro Technical Change and the Reproducibility of Capital pp. 956-65 Charles R Hulten Cross-Subsidization: Pricing in Public Enterprises pp. 966-77 Gerald R Faulhaber Revealed Preference for Public Goods pp. 978-91 Hajime Hori Market Equilibrium Versus Optimum in a Model with Congestion: Note pp. 992-96 Oded Hochman Externalities, Extortion, and Efficiency pp. 997-1001 George Daly and J. Fred Giertz A Model of IQ, Occupaton, and Earnings pp. 1002-07 William W Brown and Morgan O Reynolds On Monopoly Welfare Losses: Comment pp. 1008-14 Richard Carson On Monopoly Welfare Losses: Comment pp. 1015-23 Worcester, Dean A, On Monopoly Welfare Losses: Reply pp. 1024-31 Abram Bergson The Economics of the Network-Affiliate Relationship: Comment pp. 1032-36 Daniel A Graham and John M Vernon The Economics of the Network-Affiliate Relationship: Reply pp. 1037-38 Stanley M. Besen and Ronald Soligo Volume 65, issue 4 , 1975
The 1975 Report of the President's Council of Economic Advisers: Food and Agriculture pp. 533-38 Harold O Carter The 1975 Report of the President's Council of Economic Advisers: Long on Analysis, Short on Policy pp. 539-47 William Poole Interest and Credit in General Equilibrium with Transactions Costs pp. 548-66 Jurg Niehans Socially Optimal Product Differentiation pp. 567-85 Kelvin Lancaster Security Price Changes and Transaction Volumes: Theory and Evidence pp. 586-97 Thomas W Epps The Measurement and Trend of Inequality: A Basic Revision pp. 598-609 Morton Paglin A Keynes-Friedman Money Demand Function pp. 610-23 Paul A Meyer and John A Neri Short-Run Asset Effects on Household Saving and Consumption: The Cross-Section Evidence pp. 624-33 Irwin Friend and Charles Lieberman Pure Traded Intermediate Products and The Heckscher-Ohlin Theorem pp. 634-43 Albert George Schweinberger Did the 1968 Surcharge Really Work? pp. 644-59 William L Springer Linear Taxation of Wealth and Wages for Intragenerational Lifetime Justice: Some Steady-State Cases pp. 660-73 J A Ordover and Edmund S. Phelps Portfolio Equilibrium and the Balance of Payments: A Monetary Approach pp. 674-88 Jacob A Frenkel and Carlos Alfredo Rodríguez Profit Maximization and Alternative Theories: A Dynamic Reconciliation pp. 689-94 Robert E Wong The Limits to Growth in a Neoclassical World pp. 695-99 Martin J Beckmann Capital Gains and the Aggregate Consumption Function: Comment pp. 700-703 Michael B McElroy and J C Poindexter Capital Gains and the Aggregate Consumption Function: Reply pp. 704-707 Kul Bhatia The Concept and Measure of Consumer's Surplus: Comment pp. 708-709 Ezra J Mishan The Concept and Measure of Consumer's Surplus: Reply pp. 710-11 Michael E Burns Public Investment Criteria for Underpriced Public Products pp. 712-20 Gene E Mumy and Steve H Hanke Externalities, Liability, Separability, and Resource Allocation: Comment pp. 721-23 Philip R. P. Coelho Externalities, Liability, Separability, and Resource Allocation: Comment pp. 724-27 Gifford, Adam, and Courtenay C Stone Externalities, Liability, Separability, and Resource Allocation: Comment pp. 728-29 Peter Greenwood , Charles Ingene and James Horsfield Externalities, Liability, Separability, and Resource Allocation: Reply pp. 730-32 James R Merchand and Keith P Russell Option Demand and Consumer's Surplus: Comment pp. 733-36 Peter Bohm Option Demand and Consumer's Surplus: Reply pp. 737-39 Richard Schmalensee The Optimum Lifetime Distribution of Consumption Expenditures: Comment pp. 740-52 Andre Daniere The Optimum Lifetime Distribution of Consumption Expenditures: Reply pp. 753-55 Lester C Thurow A Model of a Highway System Financed by a Trust Fund pp. 756-58 E G Davis and J E Olson Optimal Advertising: A Note pp. 759-61 David Weber On the Effects of Fiscal and Monetary Policy: Completing the Taxonomy pp. 762-67 Laurence H Meyer and William R Hart Default Risk, Scale, and the Homemade Leverage Theorem: Note pp. 768-73 Pao Lun Cheng Volume 65, issue 3 , 1975
Environmental Quality: The First Five Years pp. 259-68 Edwin S Mills and Frederick M Peterson Short-Term Interest Rates as Predictors of Inflation pp. 269-82 Eugene F. Fama The Theory of "Screening," Education, and the Distribution of Income pp. 283-300 Joseph E. Stiglitz Substitution Effects and Biases in Nontrue Price Indices pp. 301-13 P J Lloyd A Labor Theoretic Analysis of the Criminal Choice pp. 314-25 M K Block and J M Heineke Monopoly Pricing and Capacity Choice under Uncertainty pp. 326-37 Robert A Meyer Dynamic Monopsony and Structural Change pp. 338-49 Martin Neil Baily Academic Achievement and Job Performance pp. 350-66 David Wise Transcendental Logarithmic Utility Functions pp. 367-83 Laurits R Christensen , Dale W Jorgenson and Lawrence J Lau Empirical Implications of Infrequent Purchase Behavior in a Stock Adjustment Model pp. 384-96 Richard B Westin The Deterrent Effect of Capital Punishment: A Question of Life and Death pp. 397-417 Isaac Ehrlich China as a Less Developed Economy pp. 418-28 Lloyd G Reynolds A Model of Public Fiscal Behavior in Developing Countries: Aid, Investment, and Taxation pp. 429-45 Peter S. Heller Demand for International Reserves and the Optimum Mix and Speed of Adjustment Policies pp. 446-53 Emil-Maria Claassen The Hereditary and Relativistic Formulation of the Demand for Money: Circular Reasoning or a Real Structural Relation? pp. 454-64 Maurice Allais Professor Allais' Theory of the Demand for Money: Rejoinder pp. 465-66 John L Scadding Required Disclosure and the Stock Market: Comment pp. 467-72 Irwin Friend and Randolph Westerfield Required Disclosure and the Stock Market: Rejoinder pp. 473-77 George J Benston The Simple Economics of Incentive Contracting: Note pp. 478-83 Michael E Canes The Principal Cause of Salary Differentials: Research Output or Experience?: Comment pp. 484-85 William Hamovitch and Richard D. Morgenstern The Principal Cause of Salary Differentials: Research Output or Experience? Reply pp. 486 David A Katz Segmentation of the Labor Market: Comment pp. 487-90 John Barron Segmentation of the Labor Market: Rejoinder pp. 491 Charles C Holt The Elasticity of Scale and the Shape of Average Costs pp. 492-97 Giora Hanoch The Welfare Effects of Spatial Price Discrimination pp. 498-503 William L. Holahan Wage Determination, Inflation, and the Industrial Structure: Comment pp. 504-06 William A Bomberger Wage Determination, Inflation, and the Industrial Structure: Reply pp. 507-09 Stephen A Ross and Michael L Wachter Pitfalls in Financial Model Building: A Clarification pp. 510-16 Gary Smith Buyer's Prices, Seller's Prices, and Price Flexibility: Comment pp. 517-25 Douglas R Bohi and Gerald W Scully Buyer's Prices, Seller's Prices, and Price Flexibility: Reply pp. 526 George J. Stigler Volume 65, issue 2 , 1975
Income Distribution-Can Economists Help? pp. 1-15 Alice M Rivlin The Challenge of Dual and Radical Theories of the Labor Market to Orthodox Theory pp. 16-22 Glen G Cain Economic Analysis of Trade Unionism pp. 23-28 George E. Johnson Economics of Time and Labor Supply pp. 29-34 H G Lewis The Economics of Labor: An Assessment of Recent Research: Discussion pp. 35-36 Paula E. Stephan Three Phases of Cliometric Research on Slavery and Its Aftermath pp. 37-46 Robert William Fogel Public Policy and Black Economic Progress: A Review of the Evidence pp. 47-52 Bernard E Anderson and Phyllis A Wallace Factors Affecting the Future Economic Prospects of Minorities pp. 53-58 David H Swinton Past Developments and Future Prospects for Ethnic Minority Groups: Discussion pp. 59-60 Ronald L Trosper Past Developments and Future Prospects for Ethnic Minority Groups: Discussion pp. 60-62 Daniel R Fusfeld Human Capital Theory: Education, Discrimination, and Life Cycles pp. 63-73 Finis Welch The Problem with Human Capital Theory-A Marxian Critique pp. 74-82 Samuel Bowles and Herbert Gintis Job Search and Affirmative Action pp. 83-91 Alice H Amsden and Collette Moser Women Economists: Career Aspirations, Education, and Training pp. 92-99 Myra H Strober Two Supply Curves for Economists? Implications of Mobility and Career Attachment of Women pp. 100-107 Barbara B Reagan Inflation and the International Monetary Situation pp. 108-14 H Johannes Witteveen Monetarist and Keynesian Models of the Transmission of Inflation pp. 115-19 William H Branson Understanding World Inflation pp. 120-24 George L. Perry Monetary Growth and the Long-Run Rate of Inflation pp. 125-28 Richard T Selden Interpreting Recent World Inflation pp. 129-32 Ronald L Teigen The Payments Adjustment Process and the Exchange Rate Regime: What Have We Learned? pp. 133-46 Marina v N Whitman Domestic Adjustment to Balance of Payments Disequilibrium: Discussion pp. 147-48 Rüdiger Dornbusch Domestic Adjustment to Balance of Payments Disequilibrium: Discussion pp. 148-51 William J Fellner Domestic Adjustment to Balance of Payments Disequilibrium: Discussion pp. 151-53 Alexandre Kafka Domestic Adjustment to Balance of Payments Disequilibrium: Discussion pp. 153-56 Paul A Volcker Recent Developments in Monetary Theory pp. 157-66 Stanley Fischer Empirical Monetary Macroeconomics: What Have We Learned in the Last 25 Years? pp. 167-75 William C Brainard and Richard N Cooper 25 Years after the Rediscovery of Money: What Have We Learned? Discussion pp. 176-79 Milton Friedman 25 Years after the Rediscovery of Money: What Have We Learned? Discussion pp. 179-81 Franco Modigliani The Coordination of Economic Activities: A Keynesian Perspective pp. 182-88 Robert Clower and Axel Leijonhufvud The Keynesian Revolution Reconsidered pp. 189-94 Robert Eisner Keynesian Models of Recession and Depression pp. 195-202 James Tobin Towards a Theory of Saving Behavior pp. 203-09 F. Thomas Juster and Lester D Taylor Saving Behavior in Western Germany and the United States pp. 210-16 Burkhard Strumpel Postwar U. S. Consumption, Consumer Expenditures, and Saving pp. 217-22 Michael Darby Personal Savings in the Postwar World: Implications for the Theory of Household Behavior: Discussion pp. 223-24 Thomas Mayer A Contractarian Paradigm for Applying Economic Theory pp. 225-30 James M. Buchanan Problems vs. Conflicts: Economic Theory and Ideology pp. 231-36 Duncan K. Foley Law and Economic Theory: An Economist's View pp. 237-43 Alvin K Klevorick The National Longitudinal Surveys: New Vistas for Labor Market Research pp. 244-49 Herbert S Parnes Using Survey Data from the University of Michigan's Survey Research Center pp. 250-56 James N Morgan Potential Applications of Census Bureau Economic Series in Microdata Analysis pp. 257-62 Shirley Kallek The Experimental Panel Data Resources at the Poverty Institute Data Center pp. 263-69 Katherine Dickinson and Harold W Watts Firm Decision-making Processes and Oligopoly Theory pp. 270-79 Paul Joskow Oligopoly Theory, Communication, and Information pp. 280-83 Martin Shubik Northeast Railroads: Restructured or Nationalized? pp. 284-88 Alexander Lyall Morton Transportation Controls and the Spatial Structure of Urban Areas pp. 289-94 Gerald S Goldstein and Leon N Moses Regulation and the Financial Condition of the Electric Power Companies in the 1970's pp. 295-301 Paul L Joskov and Paul W MacAvoy Development Economics-A Reassessment of Goals pp. 302-09 Irma Adelman The Structuralist Approach to Development Policy pp. 310-16 Hollis B Chenery State of Development Economics pp. 317-22 Stephen A Resnick Implications of Growth Theory for Trade and Development pp. 323-28 Ronald Findlay The Theory of Economic Growth: A Critique and Reformulation pp. 329-37 Donald J Harris Growth Theory from an Evolutionary Perspective: The Differential Productivity Puzzle pp. 338-44 Richard R. Nelson and Sidney Winter Chinese and Indian Development: An Interdisciplinary Environmental Analysis pp. 345-55 Barry Richman China and India: Contrasting Experiences in Economic Development pp. 356-64 Thomas E Weisskopf China and India: Development during the Last 25 Years: Discussion pp. 365-68 Padma Desai China and India: Development during the Last 25 Years: Discussion pp. 368-71 John G Gurley International Technology Transfer: Forms, Resource Requirements, and Policies pp. 372-76 Edwin Mansfield The Economics of East European Technology Imports from the West pp. 377-82 Edward A Hewett Problems of Technology Absorption in Chinese Industry pp. 383-88 Thomas George Rawski Incidence of World Taxes on Natural Resources with Special Reference to Bauxite pp. 389-96 Malcolm Gillis and McLure, Charles E, U.S. Taxes on Energy Resources pp. 397-404 Gerard M Brannon Taxation of Natural Resources: Discussion pp. 405-06 Arthur W Wright Purposive Models of Legislative Behavior pp. 407-14 John A Ferejohn and Morris P Fiorina An Evolutionary and Institutional View of the Behavior of Public and Private Companies pp. 415-27 Marc J Roberts Some Observations on the Learning of Economics pp. 428-30 Kenneth E Boulding Some Comments on the Principles Course pp. 431-33 John G Gurley New Approaches to Teaching the Principles Course pp. 434-37 W Lee Hansen Volume 65, issue 1 , 1975
What's Right With Economics? pp. 1-26 Walter W Heller Supply and Salary Adjustments to the Changing Science Manpower Market: Physics, 1948-1973 pp. 27-39 Richard B. Freeman The Balance of Payments and Money Supply Under the Gold Standard Regime: U.S. 1879-1914 pp. 40-58 Bijan B Aghevli Investment Behavior, the Measurement of Depreciation, and Tax Policy pp. 59-74 Robert M Coen Wealth Neutrality and Local Choice in Public Education pp. 75-89 Martin S. Feldstein Household Utility Maximization and the Working Wife pp. 90-100 Wendy Lee Gramm A Dynamic Analysis of Taxation pp. 101-14 Osvaldo H Schenone A Geometrical Exposition of Input-Output Analysis pp. 115-26 Daniel A Graham Toward an Analysis of Postdisaster Cooperation pp. 127-38 Louis De Alessi Polluters' Profits and Political Response: Direct Controls Versus Taxes pp. 139-47 James M. Buchanan and Gordon Tullock Durability of Consumption Goods Reconsidered pp. 148-57 Teddy T Su Earnings, Productivity, and Changes in Employment Discrimination during the 1960's pp. 158-68 Joan Gustafson Haworth , James D. Gwartney and Charles Haworth Efficient and Optimal Utilization of Capital Services pp. 181-86 Guillermo A. Calvo International Trade and Economic Growth: A Diagrammatic Analysis pp. 187-93 Robert E Baldwin Lancaster's New Approach to Consumer Demand and Its Limitations pp. 194-99 Reuven Hendler A Note on Uncertainty and the Evaluation of Public Investment Decisions pp. 200-05 Estelle James Tax Policy and Investment: An Analysis of Survey Responses pp. 206-12 Robert Eisner and Patrick J Lawler The U.S. Phillips Curve and International Unemployment Rate Differentials: Comment pp. 213-21 Nancy Smith Barrett The U.S. Phillips Curve and International Unemployment Rate Differentials: Reply pp. 222-25 Robert J Flanagan On the Reward System pp. 226-29 Liang-Shing Fan The Industrial Composition of U.S. Exports and Subsidiary Sales to the Canadian Market: Comment pp. 230-34 Dale Orr The Industrial Composition of U.S. Exports and Subsidiary Sales to the Canadian Market: Reply pp. 235 Thomas Horst Black Education, Earnings, and Interregional Migration: A Comment and Some New Evidence pp. 236-40 Charles R. Link Black Education, Earnings and Interregional Migration: Even Newer Evidence pp. 241-44 Leonard W Weiss and Jeffrey Gale Williamson Theory of the Firm Facing Uncertain Demand: Comment pp. 245-47 Robert M Korkie Theory of the Firm Facing Uncertain Demand: Reply pp. 248 Hayne Ellis Leland Nontraded Goods, Factor Market Distortions, and the Gains from Trade: Comment pp. 249-50 Murray C. Kemp and Edward Tower Nontraded Goods, Factor Market Distortions, and the Gains from Trade: Reply pp. 251-52 Raveendra N Batra
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