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American Economic Review
1969 - 2013
Edited by Pinelopi Koujianou Goldberg
from American Economic Association EDIRC .
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Volume 67, issue 5 , 1977
On the Proper Cost Tests for Natural Monopoly in a Multiproduct Industry pp. 809-22 William Baumol Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods pp. 823-39 Rüdiger Dornbusch , Stanley Fischer and Paul A. Samuelson Demand for International Media of Exchange pp. 840-50 K Alec Chrystal Structural Expectations and the Effectiveness of Government Policy in a Short-Run Macroeconomic Model pp. 851-66 Stephen J Turnovsky Public Services, Private Substitutes, and the Demand for Protection against Crime pp. 867-77 Charles T. Clotfelter Reswitching, Wicksell Effects, and the Neoclassical Production Function pp. 878-88 David Laibman and Edward J Nell Distributional Neutrality and Optimal Commodity Taxation pp. 889-98 David Wildasin Involuntary Saving through Unanticipated Inflation pp. 899-910 Angus S. Deaton Price Behavior in U.S. Manufacturing: An Empirical Analysis of the Speed of Adjustment pp. 911-25 Leonard Sahling Relative Earnings Mobility in the United States pp. 926-41 Brad Schiller How Far Can We Push the "Law of One Price"? pp. 942-48 Peter Isard Education and Screening pp. 949-58 Kenneth Wolpin Trade as Aid: The Political Economy of Tariff Preferences for Developing Countries pp. 959-67 Rachel McCulloch and Jose Pinera The Regulated Firm with a Fixed Proportion Production Function pp. 968-71 Thomas E Kennedy Intergenerational Equity and the Investing of Rents from Exhaustible Resources pp. 972-74 John M. Hartwick Tariffs vs. Quotas as Revenue Raising Devices under Uncertainty pp. 975-81 Partha Dasgupta and Joseph E. Stiglitz Land and Zoning in an Urban Economy: Further Results pp. 982-86 Elhanan Helpman and David Pines Pareto-Desirable Redistribution in Kind: An Impossibility Theorem pp. 987-90 Geoffrey Brennan and Cliff Walsh Comparing Utility Functions in Efficiency Terms or, What Kind of Utility Functions Do We Want? pp. 991-95 Burton A Weisbrod The Value of Time in Consumption and Residential Location in an Urban Setting pp. 996-1003 Oded Hochman and Haim Ofek Labor Supply and the Payroll Tax: Note pp. 1004-05 Robert Moffitt Peak Load Pricing with Stochastic Demand pp. 1006-10 Dennis W. Carlton Search in the Labor Market and the Duration of Unemployment: Note pp. 1011-13 Robert M. Feinberg Volume 67, issue 4 , 1977
A Monetary Model of Exchange Market Pressure Applied to the Postwar Canadian Experience pp. 537-48 Lance Girton and Don Roper Hedonic Wage Equations and Psychic Wages in the Returns to Schooling pp. 549-58 Robert E.B. Lucas Homothetic and Non-Homothetic CES Production Functions pp. 559-69 Ryuzo Sato Who Benefits from Economic Development?-A Reexamination of Brazilian Growth in the 1960's pp. 570-82 Gary Fields Product Quality, Uncertainty, and Regulation: The Trucking Industry pp. 583-94 Arthur S De Vany and Thomas R Saving An Empirical Inquiry on the Short-Run Dynamics of Output and Prices pp. 595-609 Roque B. Fernández Stigler, Kindahl, and Means on Administered Prices pp. 610-19 Leonard W Weiss Income and Urban Residence: An Analysis of Consumer Demand for Location pp. 620-31 William C Wheaton On Donor Sovereignty and United Charities pp. 632-38 Franklin M Fisher Do Schools Make a Difference? pp. 639-52 Anita A Summers and Barbara L. Wolfe The Forward Exchange Rate, Expectations, and the Demand for Money: The German Hyperinflation pp. 653-70 Jacob A Frenkel Budget Displacement Effects of Inflationary Finance pp. 671-82 Jerry Green and Eytan Sheshinski Job Search, Labor Supply, and the Quit Decision: Theory and Evidence pp. 683-91 John Barron and Stephen McCafferty Faculty Skills and the Salary Structure in Academe: A Market Perspective pp. 692-702 Howard P Tuckman , James H Gapinski and Robert P Hagemann Health, Family Structure, and Labor Supply pp. 703-12 Donald O. Parsons Trade Creation and Trade Diversion in the Council of Mutual Economic Assistance: 1954-70 pp. 713-22 Joseph Pelzman Two-Sector Aggregative Models and the Investment Demand Function pp. 723-27 Geoffrey Woglom Some International Evidence on Output-Inflation Tradeoffs: Comment pp. 728-30 Marcelle Arak Some International Evidence on Output-Inflation Tradeoffs: Reply pp. 731 Robert E. Lucas The Price Equation: A Cross-Sectional Approach pp. 732-40 Ronald P Wilder , C Glyn Williams and Davinder Singh Unemployment, Inflation, and Monetarism: A Further Analysis pp. 741-46 Robert Albert Van Order Measurement of Tax Progressivity pp. 747-52 Daniel B Suits On the Optimal Size of Underpriced Facilities pp. 753-60 Richard C Porter Welfare-Maximizing Price and Output with Stochastic Demand: Note pp. 761-63 Per Andersen Equilibrium Concepts in the Theory of Public Goods pp. 764-65 Bruce N Angier and Thomas S. McCaleb Multiperiod Consumption-Investment Decisions: Further Comments pp. 766-67 William T Ziemba On the Theory of the Competitive Firm under Price Uncertainty: Note pp. 768-69 Yasunori Ishii Externalities in a Regulated Industry: The Aircraft Noise Problem pp. 770-74 Jerold B Muskin and John A. Sorrentino Volume 67, issue 3 , 1977
Concepts of Optimality and Their Uses pp. 261-74 Tjalling C. Koopmans Explaining the Relative Efficiency of Slave Agriculture in the Antebellum South pp. 275-96 Robert William Fogel and Stanley L Engerman Monopolistic Competition and Optimum Product Diversity pp. 297-308 Avinash Kamalakar Dixit and Joseph E. Stiglitz Vertical Control by Labor Unions pp. 309-22 Frederick R Warren-Boulton Black-White Male Wage Ratios: 1960-70 pp. 323-38 James P. Smith and Finis R Welch Tax Credits for Employment Rather Than Investment pp. 339-49 Jonathan R Kesselman , Samuel H. Williamson and Ernst R Berndt Weak Invisible Hand Theorems on the Sustainability of Multiproduct Natural Monopoly pp. 350-65 William Baumol , Elizabeth E Bailey and Robert D Willig Risk and the Theory of Indexed Bonds pp. 366-75 Nissan Liviatan and David Levhari American Taxation of Multinational Firms pp. 376-89 Thomas Horst Inflationary Finance and the Dynamics of Inflation: Indonesia, 1951-72 pp. 390-403 Bijan B Aghevli and Mohsin Khan The Use of Approximation Analysis to Test for Separability and the Existence of Consistent Aggregates pp. 404-18 Michael Denny and Melvyn A Fuss The Short-Run Dynamics of Prices and the Balance of Payments pp. 419-28 Mario Blejer Measuring the Expected Real Rate of Interest: An Exploration of Macroeconomic Alternatives pp. 429-44 J Walter Elliott The Deterrent Effect of Capital Punishment: Another View pp. 445-51 Peter Passell and John B. Taylor The Deterrent Effect of Capital Punishment: Reply pp. 452-58 Isaac Ehrlich The Coase Proposition, Information Constraints, and Long-Run Equilibrium: Comment pp. 459-61 Henry B Hansmann The Coase Proposition, Information Constraints, and Long-Run Equilibrium: Reply pp. 462-63 William D Schulze and d'Arge, Ralph C Nontraded Goods, Factor Market Distortions, and the Gains from Trade: Comment pp. 464-66 Hiroshi Ono Nontraded Goods, Factor Market Distortions, and the Gains from Trade: Reply pp. 467-68 Raveendra N Batra Short-Term Interest Rates as Predictors of Inflation: Comment pp. 469-75 John A Carlson Short-Term Interest Rates as Predictors of Inflation: Comment pp. 476-77 Douglas Joines Short-Term Interest Rates as Predictors of Inflation: On Testing the Hypothesis That the Real Rate of Interest is Constant pp. 478-86 Charles R Nelson and G. William Schwert Interest Rates and Inflation: The Message in the Entrails pp. 487-96 Eugene F. Fama The Measurement and Trend of Inequality: Comment pp. 497-501 Eric R Nelson The Measurement and Trend of Inequality: Comment pp. 502-04 William R. Johnson The Measurement and Trend of Inequality: Comment pp. 505-12 Sheldon Danziger , Robert H. Haveman and Eugene Smolensky The Measurement and Trend of Inequality: Comment pp. 513-16 Joseph J Minarik The Measurement and Trend of Inequality: Comment pp. 517-19 C John Kurien The Measurement and Trend of Inequality: Reply pp. 520-31 Morton Paglin Volume 67, issue 2 , 1977
The Monetarist Controversy or, Should We Forsake Stabilization Policies? pp. 1-19 Franco Modigliani Should Government Subsidize Risky Private Projects? pp. 20-28 Joram Mayshar "Strategic" Wage Goods, Prices, and Inequality pp. 29-41 Jeffrey Gale Williamson Inequality: Earnings vs. Human Wealth pp. 42-53 Lee A. Lillard Devaluation and Portfolio Balance pp. 54-63 Russell Stewart Boyer Price Dependent Preferences pp. 64-75 Robert A. Pollak De Gustibus Non Est Disputandum pp. 76-90 George J. Stigler and Gary S. Becker Constant-Utility Index Numbers of Real Wages pp. 91-100 John Pencavel Unanticipated Money Growth and Unemployment in the United States pp. 101-15 Robert J. Barro Mean-Risk Analysis with Risk Associated with Below-Target Returns pp. 116-26 Peter C Fishburn Quality Choice and Competition pp. 127-37 Hayne Ellis Leland Residential Decentralization, Land Rents, and the Benefits of Urban Transportation Investment pp. 138-43 William C Wheaton A Bid-Rent Analysis of Housing Market Discrimination pp. 144-55 George C. Galster Intertemporal Utility Maximization and the Timing of Transactions pp. 156-65 Peter Howitt Did the 1968 Surcharge Really Work? Comment pp. 166-69 Arthur M Okun Did the 1968 Surcharge Really Work? Reply pp. 170-72 William L Springer Local vs. National Pollution Control: Note pp. 173-75 Fredric Menz and Jon R Miller Environment-Externalizing the Internalities? pp. 176-78 Abba P Lerner Market Structure and Product Varieties pp. 179-82 Lawrence J White Import Demand and Export Supply: An Aggregation Theorem pp. 183-87 Ronald W Jones and Eitan Berglas A Note on the Arrow-Lind Theorem pp. 188-93 L P Foldes and R Rees On Returns to Scale and the Stability of Competitive Equilibrium pp. 194-98 Gérard Gaudet The Earnings and Promotion of Women Faculty: Comment pp. 199-206 Stephen Farber The Earnings and Promotion of Women Faculty: Comment pp. 207-13 Myra H Strober and Aline O Quester The Earnings and Promotion of Women Faculty: Reply pp. 214-17 George E. Johnson and Frank Peter Stafford On the Length of Spells of Unemployment in Sweden: Comment pp. 218-21 Roger Axelsson , Bertil Holmlund and Karl-Gustaf Lofgren On the Length of Spells of Unemployment in Sweden: Reply pp. 222-24 Nancy Smith Barrett Earnings, Productivity, and Changes in Employment Discrimination during the 1960's: Additional Evidence pp. 225-27 James E Long Excess Demand, Search, and Price Dynamics pp. 228-35 Stephen McCafferty Firm-Specific Evidence on Racial Wage Differentials and Workforce Segregation pp. 236-45 Robert Higgs A Note on Short-Run Asset Effects on Household Saving and Consumption pp. 246-48 Frederic Mishkin Firm Output and Changes in Uncertainty pp. 249-51 Donald V Coes Academic Achievement and Job Performance: Note pp. 252-54 Edward Lazear Volume 67, issue 1 , 1977
Two Centuries of Economic Growth: Reflections on U.S. Experience pp. 1-14 Simon Kuznets What Difference Did the Beginning Make? pp. 15-20 J R T Hughes American Technology: Imported or Indigenous? pp. 21-26 Nathan Rosenberg Human Capital in the First 80 Years of the Republic: How Much Did America Owe the Rest of the World? pp. 27-31 Robert E Gallman Adam Smith on Human Capital pp. 32-36 Joseph J Spengler Smith and Ricardo: Aspects of the Nineteenth-Century Legacy pp. 37-41 Samuel Hollander A Modern Theorist's Vindication of Adam Smith pp. 42-49 Paul A. Samuelson National Economic Planning: The U.S. Case pp. 50-54 Richard A Musgrave Market and Plan; Plan and Market: The Case of Yugoslavia pp. 55-60 Deborah D Milenkovitch Market and Plan; Plan and Market: The Soviet Case pp. 61-66 Aron Katsenelinboigen and Herbert S Levine Market and Plan; Plan and Market: Discussion pp. 67-68 Paul M Sweezy Market and Plan; Plan and Market: Discussion pp. 68-70 Gary Fromm On International Comparisons of Inequality pp. 71-75 Graham Pyatt Entrepreneurship, Social Mobility, and Income Redistribution in South India pp. 76-80 E Wayne Nafziger Information Costs, Corporate Hierarchies, and Earnings Inequality pp. 81-85 Christopher K Clague Financing Public Higher Education pp. 86-89 Walter Adams The Benefits and Burdens of Federal Financial Assistance to Higher Education pp. 90-95 Earl F Cheit Economic Problems Confronting Higher Education: An Institutional Perspective pp. 96-100 William G Bowen What Economics Is Most Important to Teach: The Hansen Committee Report pp. 101-04 Rendigs Fels Teaching Principles of Economics: The Joint Council Experimental Economics Course Project pp. 105-09 Allen C Kelly Capital Shortage: Myth and Reality pp. 110-15 Robert Eisner Does the United States Save too Little? pp. 116-21 Martin S. Feldstein Some Reflections on Capital Requirements for 1980 pp. 122-27 Beatrice N Vaccara The Theory of Domestic Inflation pp. 128-34 Robert J. Gordon Measuring Prices-and Wages pp. 135-40 Jack E Triplett An Integrated Model of Final and Intermediate Demand by Stage of Process: A Progress Report pp. 141-47 Joel Popkin The Explanation of Inflation: Some International Evidence pp. 148-54 Karl Brunner and Allan H. Meltzer Export Prices and the Transmission of Inflation pp. 155-63 Irving B Kravis and Robert E. Lipsey A "Monetarist" Analysis of the Generation and Transmission of World Inflation: 1958-71 pp. 164-71 Michael Parkin Micro Theory of International Financial Intermediation pp. 172-79 Charles Freedman The Microeconomics of the Firm in an Open Economy pp. 180-89 Michael Adler and Bernard Dumas Modeling the Interdependence of National Money and Capital Markets pp. 190-99 Dale William Henderson Irving Fisher and Autoregressive Expectations pp. 200-205 John Rutledge The Anatomy of Monetary Theory pp. 206-12 Robert W Clower Price Expectations and Stability in a Short-Run Multi-Asset Macro Model pp. 213-18 Edwin Burmeister and Stephen J Turnovsky Extended Sympathy and the Possibility of Social Choice pp. 219-25 Kenneth J. Arrow Information and Performance in the (New)2 Welfare Economics pp. 226-34 Stanley Reiter Marginal Cost Pricing in the 1930's pp. 235-39 Abba P Lerner Welfare Economics: Discussion pp. 240 Abram Bergson Welfare Economics: Discussion pp. 240-42 Thomas Marschak Welfare Economics: Discussion pp. 242-43 Jerry S Kelly Uncertainty, Production Lags, and Pricing pp. 244-49 Dennis W. Carlton Resource Extraction with Differential Information pp. 250-54 Richard J. Gilbert Nonprice Competition pp. 255-59 A. Michael Spence Does Your Probability of Death Depend on Your Environment? A Microanalytic Study pp. 260-64 Orcutt, Guy H, et al Macroeconomic Effects of a Humphrey-Hawkins Type Program pp. 265-70 Barbara R Bergmann and Robert L Bennett Simulation of Schumpeterian Competition pp. 271-76 Richard R. Nelson and Sidney Winter Competition and Market Processes in a Simulation Model of the Swedish Economy pp. 277-81 Gunnar Eliasson Public Expenditure and Private Profit: Budgetary Decision in the British Empire, 1860-1912 pp. 282-87 Lance E Davis and Robert A Huttenback U.K. Savings in the Age of High Imperialism and After pp. 288-94 Michael Edelstein Some Lessons from the New Public Finance pp. 295-301 Joseph E. Stiglitz and Michael J Boskin Investment and Pricing Policy in the French Public Sector pp. 302-13 H Levy-Lambert Impact of Recent Developments in Public Finance Theory on Public Policy Decisions: Discussion pp. 314-15 David F. Bradford Ethics in Economics pp. 316-20 Leonard S Silk Professional Standards for the Performance of the Government Economist pp. 321-25 John B Henderson Environment, Health, and Economics-The Case of Cancer pp. 326-32 Allen V Kneese and William D Schulze Incidence of the Benefits and Costs of Environmental Programs pp. 333-40 Robert Dorfman Economic Growth and Climate: The Carbon Dioxide Problem pp. 341-46 William D. Nordhaus Externalities in a Regulated Industry: The Aircraft Noise Problem pp. 347-50 Jerold B Muskin and John A. Sorrentino Second Best Pricing Policies for an Exhaustible Resource pp. 351-54 Donald A Hanson Public Policies Toward the Use of Scrap Materials pp. 355-58 Robert C Anderson Consumer Protection Regulation in Ethical Drugs pp. 359-64 Henry G Grabowski and John M Vernon The Characteristics of Optimum Inventions: An Isotech Approach pp. 365-69 Roger A McCain The Effects of the Rural Income Maintenance Experiment on the School Performance of Children pp. 370-75 Rebecca A Maynard Sons of Immigrants: Are They at an Earnings Disadvantage? pp. 376-80 Barry R. Chiswick Short-run Housing Responses to Changes in Income pp. 381-86 Elizabeth A Roistacher Toward a Marxian Model of Economic Growth pp. 387-92 David Laibman Econometric Methodology in Radical Economics pp. 393-99 Dale J Poirier A Labor Force Competition Theory of Discrimination in the Labor Market pp. 400-404 David H Swinton Black-White Differences in Income and Wealth pp. 405-09 Stephen D Franklin and James D Smith Wives' Labor Force Behavior and Family Consumption Patterns pp. 410-17 Myra H Strober Capacity: An Integrated Micro and Macro Analysis pp. 418-22 Gordon C Winston A General Equilibrium Approach to Estimating the Costs of Domestic Distortions pp. 423-28 Jaime A.P. de Melo Agricultural Development on the Frontier: The Case of Siberia under Nicholas II pp. 429-32 Daniel R Kazmer
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