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American Economic Review
1969 - 2013
Edited by Pinelopi Koujianou Goldberg
from American Economic Association EDIRC .
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Volume 75, issue 6 , 1985
On Method in U.S. Economics a Century Earlier pp. 1-12 William Baumol Early American Leaders-Institutional and Critical Traditions pp. 13-27 Martin Bronfrenbrenner Neoclassical Theory in America: J. B. Clark and Fisher pp. 28-38 James Tobin Early Progress in Estimating Quantitative Economic Relationships in America pp. 39-52 Carl F Christ The Expanding Domain of Economics pp. 53-68 Jack Hirshleifer Volume 75, issue 5 , 1985
New Estimates of the Value of Federal Mineral Rights and Land pp. 923-36 Boskin, Michael J, et al The Simple Macroeconomics of Profit Sharing pp. 937-53 Martin L. Weitzman OPEC Behavior: A Test of Alternative Hypotheses pp. 954-63 James M Griffin Further Results on Inventories and Price Stickiness pp. 964-75 Richard Ashley and Daniel Orr Costly Employment Contract Renogotiation and the Labor Mobility of Young Men pp. 976-91 John J Antel The Demand for and Supply of Births: Fertility and Its Life Cycle Consequences pp. 992-1015 Mark R. Rosenzweig and T. Paul Schultz Earnings, Schooling, Ability, and Cognitive Skills pp. 1016-30 M Boissiere , John B Knight and R H Sabot The Labor Contract and True Economic Pension Liabilities pp. 1031-43 Richard A Ippolito Rationing without Government: The West Coast Gas Famine of 1920 pp. 1044-55 Alan L. Olmstead and Paul W. Rhode Monetary Policy Games and the Role of Private Information pp. 1056-70 Matthew Buford Canzoneri The Relevance of Quasi Rationality in Competitive Markets pp. 1071-82 Thomas Russell and Richard H. Thaler Efficient Adaptation in Long-term Contracts: Take-or-Pay Provisions for Natural Gas pp. 1083-93 Scott E Masten and Keith J Crocker Mines and Migrants in South Africa pp. 1094-1108 Robert E.B. Lucas Competition and Unanimity Revisited, Again pp. 1109-14 Clement G Krouse Inflation, Real Balances, Output, and Real Stock Returns [Stock Returns, Real Activity, Inflation, and Money] pp. 1115-23 Jason Benderly and Burton Zwick The Cyclical Sensitivity of Wages [The Changing Cyclical Behavior of Wages and Prices: 1890-1976] [Cross-Country and Cross-Temporal Differences in Inflation Responsiveness] pp. 1124-32 O'Brien, Anthony Patrick The Implications of Spillover for the Design of Monetary Policy: An Empirical Analysis of Income and Price Determination in Nonclearing Markets pp. 1133-42 J David Ferguson and William R Hart The Effect of Increased Longevity on Capital Accumulation pp. 1143-50 Jonathan Skinner Purchasing Power Parity Did Not Collapse during the 1970's pp. 1151-58 Nurhan Davutyan and John Pippenger Speeding, Coordination, and the 55 MPH Limit pp. 1159-64 Charles A Lave Identification by Disaggregation pp. 1165-67 Matthew J Cushing and Mary G McGarvey Race, Recent Entry, and Labor Market Participation pp. 1168-77 Eugene Silberberg Testing Noncooperative Bargaining Theory: A Preliminary Study pp. 1178-80 K Binmore , A Shaked and J Sutton Did the United States Transmit the Great Depression to the Rest of the World? pp. 1181-85 Gertrud M Fremling Technology and Hedging Behavior: A Proof of Hicks' Conjecture pp. 1186-90 O'Hara, Maureen Equilibrium Price Dispersion [The Theory of Sales: A Simple Model of Equilibrium Price Dispersion with Identical Agents] pp. 1191-94 William Hallagan and Wayne Joerding The Quality of Schooling: Comment pp. 1195-1201 Peter J Eaton The Quality of Schooling: Reply pp. 1202-05 Jere Richard Behrman and Nancy Birdsall The Economics of Performing Shakespeare: Comment pp. 1206-09 Edwin G West The Economics of Performing Shakespeare: Reply pp. 1210-12 James H Gapinski Can Unemployment Be Involuntary? Comment [Equilibrium Unemployment as a Worker Discipline Device] pp. 1213-14 Lorne Hugh Carmichael Can Unemployment Be Involuntary? Reply [Equilibrium Unemployemnt as a Worker Discipline Device] pp. 1215-17 Carl Shapiro and Joseph E. Stiglitz Volume 75, issue 4 , 1985
Animals' Choices over Uncertain Outcomes: Some Initial Experimental Results pp. 597-613 Raymond C Battalio , John H. Kagel and Don N MacDonald Unemployment Rate Dynamics and Persistent Unemployment under Rational Expectations pp. 614-37 Michael Darby , John Haltiwanger and Mark W Plant Labor and Output over the Business Cycle: Some Direct Evidence pp. 638-55 Jon A Fay and James L Medoff An Economic Interpretation of the History of Congressional Voting in the Twentieth Century pp. 656-75 Sam Peltzman Short-run Equilibrium Dynamics of Unemployment Vacancies, and Real Wages pp. 676-90 Christopher A Pissarides International Trade and Labor Migration pp. 691-707 Wilfred John Ethier Can Small Deviations from Rationality Make Significant Differences to Economic Equilibria? pp. 708-20 George A. Akerlof and Janet L. Yellen Employment Tenure and Earnings Profiles in Japan and the United States pp. 721-35 Masanori Hashimoto and John Raisian Notches pp. 736-47 Alan S. Blinder and Harvey Rosen Searching for Leviathan: An Empirical Study pp. 748-57 Wallace E. Oates Industry Structure with Fluctuating Demand pp. 758-67 David E. Mills and Laurence Schumann Modeling the Formation of Price Expectations: A Bayesian Approach pp. 768-76 John P Caskey Precautionary Saving and Accidental Bequests pp. 777-91 Andrew Abel A Test of Dual Labor Market Theory pp. 792-805 William T Dickens and Kevin Lang Unbalanced Growth Revisited: Asymptotic Stagnancy and New Evidence pp. 806-17 William Baumol , Sue Anne Batey Blackman and Edward Nathan Wolff Labor Market Costs of Language Disparity: An Interpretation of Hispanic Earnings Differences pp. 818-27 Walter Stewart McManus Equilibrium Relationships between Money and Other Economic Variables pp. 828-35 James R. Lothian The Market for "Lemons" Reconsidered: A Model of the Used Car Market with Asymmetric Information pp. 836-43 Jae-Cheol Kim A Note on the General Validity of the Heckscher-Ohlin Theorem pp. 844-49 Helmut Forstner Screening vs. Rationing in Credit Markets with Imperfect Information pp. 850-55 Helmut Bester The Conformity of Wage-Indexation Models with "Stylized Facts." pp. 856-61 Gary Fethke Auctions with Contingent Payments pp. 862-65 Robert G Hansen Inconsistent Equilibrium Constructs: The Evenly Rotating Economy of Mises and Rothbard pp. 866-69 Tyler Cowen and Richard Fink Price Discrimination and Social Welfare pp. 870-75 Hal Ronald Varian Controlling Contradictions among Regulations: Note pp. 876-77 Chris T Hendrickson and Francis Clay McMichael Fair Outcome-Fair Process [Applied Fairness Theory and Rationing Policy] pp. 878-80 Robert Piron Another Look at Free Banking in the United States [New Evidence on the Free Banking Era] pp. 881-85 James A Kahn New Evidence on Free Banking in the United States [New Evidence on the Free Banking Era] pp. 886-89 Hugh Rockoff Eqilibrium Unemployment as a Worker Discipline Device: Comment pp. 890-91 Clive Bull Equilibrium Unemployment as a Worker Discipline Device: Reply pp. 892-93 Carl Shapiro and Joseph E. Stiglitz Capacity, Output, and Sequential Entry: Comment pp. 894-96 Stanley S Reynolds Capacity, Output, and Sequential Entry: Reply pp. 897-98 Daniel F. Spulber Volume 75, issue 3 , 1985
What Will Take the Con out of Econometrics? pp. 293-307 Michael McAleer , Adrian Rodney Pagan and Paul A Volker Sensitivity Analyses Would Help pp. 308-13 Edward E. Leamer An Experimental Test of the Consistent-Conjectures Hypothesis pp. 314-25 Charles A. Holt Rational Expectations and the Limits of Rationality: An Analysis of Heterogeneity pp. 326-40 John Haltiwanger and Michael Waldman Do Markets Differ Much? pp. 341-51 Richard Schmalensee A Theory of Contractual Structure in Agriculture pp. 352-67 Mukesh Eswaran and Ashok Kotwal Oil Field Unitization: Contractual Failure in the Presence of Imperfect Information pp. 368-85 Steven N Wiggins and Gary D. Libecap Anticipated Devaluations, Currency Flight, and Direct Trade Controls in a Monetary Economy pp. 386-401 Robert C. Feenstra Optimal Wage Indexation, Foreign Exchange Intervention, and Monetary Policy pp. 402-23 Joshua Aizenman and Jacob A Frenkel Network Externalities, Competition, and Compatibility pp. 424-40 Michael L. Katz and Carl Shapiro Asymmetric Information and Collusive Behavior in Auction Markets pp. 441-60 Jonathan Feinstein , Michael K Block and Frederick C Nold Unemployment Duration and Incidence: 1968-82 pp. 461-72 Hal Sider The Advantages of Being First pp. 473-80 Amihai Glazer Internal Migration and Urban Employment in the Third World pp. 481-94 William E Cole and Richard D Sanders Accounting Rates of Return pp. 495-504 Gerald L Salamon Urban Land Prices under Uncertainty pp. 505-14 Sheridan Titman A Note on Equity and Efficiency in the Pricing of Local Telephone Services pp. 515-18 Edward Renshaw Women, Work, and Divorce pp. 519-23 William Sander Money, Anticipated Changes, and Policy Effectiveness pp. 524-29 Richard Sheehan Inflation and Reputation pp. 530-38 David Backus and John Driffill The Competitive Effects of Vertical Agreements? pp. 539-46 William S Comanor and Harry E. Frech Enlistments in the All-Volunteer Force: Note pp. 547-51 Charles Dale and Curtis Gilroy Is There an Operational Interest Rate Rule? pp. 552-56 Michael Dotsey U.S. Monetary Policy and the Exchange Rate: Comment [A Critical Appraisal of McKinnon's World Money Supply Hypothesis] pp. 557-59 Steven Ambler and Ronald McKinnon U.S. Monetary Policy and the Exchange Rate: Reply [A Critical Appraisal of McKinnon's World Money Supply Hypothesis] pp. 560-61 Henry N Goldstein and Stephen E Haynes The Money Supply Announcements Puzzle: Comment pp. 562-64 Barry Falk and Peter Orazem The Money Supply Announcements Puzzle: Reply pp. 565-66 Bradford Cornell Fisher's Paradox: Comment [Fisher's Paradox and the Theory of Interest] pp. 567-68 Patrick Honohan Fisher's Paradox: Reply [Fisher's Paradox and the Theory of Interest] pp. 569-70 Jeffrey Carmichael and Peter W Stebbing Predictable Behavior: Comment [The Origin of Predictable Behavior] pp. 571-75 Richard Bookstaber and Joseph Langsam Predictable Behavior: Comment [The Origin of Predictable Behavior] pp. 576-78 Roger W Garrison Predictable Behavior: Reply [The Origin of Predictable Behavior] pp. 579-85 Ronald A Heiner Volume 75, issue 2 , 1985
Economics in Theory and Practice pp. 1-14 Alec Cairncross Post-entry Competition in the Plain Paper Copier Market pp. 15-19 Timothy Bresnahan R&D Appropriability, Opportunity, and Market Structure: New Evidence on Some Schumpeterian Hypotheses pp. 20-24 Richard C Levin , Wesley M Cohen and David C Mowery Patent Licensing and R&D Rivalry pp. 25-30 Carl Shapiro Nominal Wage-Price Rigidity as a Rational Expectations Equilibrium pp. 31-35 Costas Azariadis and Russell Cooper Wage Flexibility in the United States: Lessons from the Past pp. 36-40 Daniel J B Mitchell Profit Sharing as Macroeconomic Policy pp. 41-45 Martin L. Weitzman The Regulatory Transition pp. 46-51 John R Meyer and William B Tye "Let Them Make Toll Calls": A State Regulator's Lament pp. 52-56 Roger G. Noll Intercity Transportation Route Structures under Deregulation: Some Assessments Motivated by the Airline Experience pp. 57-61 Steven A Morrison and Clifford M. Winston Macroeconomic Stability and Flexible Exchange Rates pp. 62-67 John F. O. Bilson Reflections on the Exchange Rate System pp. 68-73 J Carter Murphy On the System in Bretton Woods pp. 74-79 John Harold Williamson Computer Applications in Pre-college Economics pp. 80-84 John M Sumansky Macro Simulations for PCs in the Classroom pp. 85-90 Karl E. Case and Ray C. Fair Cost Effectiveness of Computer-assisted Economics Instruction pp. 91-96 Darrell R Lewis , Bruce R Dalgaard and Carol M Boyer Legislative Construction of the Monetary Control Act of 1980 pp. 97-102 Timberlake, Richard H, Deregulation and Monetary Reform pp. 103-07 Leland B Yeager Speculation, Deregulation, and the Interest Rates pp. 108-13 Leonard A Rapping and Lawrence B Pulley 1985 Projections of the New York Metropolitan Region Study pp. 114-19 Dick Netzer Long-term Forecasts in International Economics pp. 120-26 William R. Cline The Economic Thought of George Orwell pp. 127-32 Jennifer Roback Hamlet without the Prince: Cambridge Macroeconomics without Money pp. 133-39 Jan Kregel Cambridge Price Theory: Special Model or General Theory of Value? pp. 140-45 Bertram Schefold Joan Robinson's Critique of Equilibrium: An Appraisal pp. 146-49 E Roy Weintraub Auction Theory with Private Values pp. 150-55 Eric S. Maskin and Joan G Riley Empirical Testing of Auction Theory pp. 156-59 Robert G Hansen Experimental Development of Sealed-Bid Auction Theory: Calibrating Controls for Risk Aversion pp. 160-65 James C Cox , Vernon L. Smith and James Marvin Walker Modes of Thought in Economics and Biology pp. 166-72 Paul A. Samuelson The New Economics of Labor Migration pp. 173-78 Oded Stark and David Bloom New Evidence on the Timing and Spacing of Births pp. 179-84 James J. Heckman , V. Joseph Hotz and James R. Walker International Debt: From Crisis to Recovery? pp. 185-90 William R. Cline Latin American Debt: Lessons and Pending Issues pp. 191-95 Eduardo Wiesner Data and Econometricians-The Uneasy Alliance pp. 196-200 Zvi Griliches The Loss Function Has Been Mislaid: The Rhetoric of Significance Tests pp. 201-05 Deirdre N. McCloskey Macroeconometric Modeling and the Theory of the Representative Agent pp. 206-10 John Geweke An Integrated Accounting Matrix for Canada and the United States pp. 211-16 Jacob Cohen and Steven Husted Modeling U.S.-Mexico Economic Linkages pp. 217-22 Clark W Reynolds and Robert K McCleery New Developments in Project LINK pp. 223-27 Lawrence R. Klein The Influence of Hymer's Dissertation on the Theory of Foreign Direct Investment pp. 228-32 John H Dunning and Alan M. Rugman Multinational Enterprise, Internal Governance, and Industrial Organization pp. 233-38 David J. Teece Hymer and Public Policy in LDCs pp. 239-44 Donald J Lecraw Religion and the Earnings Function pp. 245-50 Nigel Tomes Cultural Differences in Labor Force Participation among Married Women pp. 251-55 Cordelia W Reimers Peddlers Forever? Culture, Competition, and Discrimination pp. 256-61 William Alexander Darity and Rhonda M Williams Women Production Workers: Low Pay and Hazardous Work pp. 262-65 Janis Barry Executive Compensation: Female Executives and Networking pp. 266-70 Robin L Bartlett and Timothy Miller Longitudinal Changes at a Large Public University: What Response to Equal Pay Legislation? pp. 271-74 Sharon Bernstein Megdel and Michael R Ransom Sex Role Socialization and Labor Market Outcomes pp. 275-78 Mary E Corcoran and Paul Noah Courant Pacific Protagonist-Implications of the Rising Role of the Pacific pp. 279-84 Staffan Burenstam Linder Is There Need for Economic Leadership? Japanese or U.S.? pp. 285-91 W W Rostow Human Fallibility and Economic Organization pp. 292-97 Raaj Kumar Sah and Joseph E. Stiglitz Learning from Experience in Organizations pp. 298-302 Scott R Herriott , Daniel Levinthal and James G March Informational Structure of the Firm pp. 303-07 Kenneth J. Arrow State and Industry in France, 1750-1914 pp. 308-14 Caglar Keyder French Industrial Policy under the Socialist Government pp. 315-19 Bela Balassa Economic History: A Necessary Thought Not Sufficient Condition for an Economist: Maine and Texas pp. 320-23 Kenneth J. Arrow Is History Stranger than Theory? The Origin of Telephone Separations pp. 324-27 Peter Temin and Geoffrey Peters Economic History and Economics pp. 328-31 Robert M. Solow Clio and the Economics of QWERTY pp. 332-37 Paul A. David Portfolio Choice and the Debt-to-Income Relationship pp. 338-43 Benjamin M Friedman Stability and Instability in the Debt-Income Relationship pp. 344-50 Robert Pollin Private Credit Demand, Supply, and Crunches-How Different Are the 1980's? pp. 351-56 Albert M Wojnilower Macroeconomic Analysis of Leading Interwar Authorities: Marriner S. Eccles, Chairman of the Federal Reserve Board pp. 357-62 L Dwight Israelsen Rudolf Hilferding: The Dominion of Capitalism and the Dominion of Gold pp. 363-68 William Alexander Darity and Bobbie L Horn Korekiyo Takahashi and Japan's Recovery from the Great Depression pp. 369-74 Dick K Nanto and Shinji Takagi Financial Risk and the Burden of Contracts pp. 375-80 Herman B Leonard and Richard J. Zeckhauser Are Individuals Bayesian Decision Makers? pp. 381-85 W Kip Viscusi Ambiguity and Insurance Decisions pp. 386-90 Robin Miles Hogarth and Howard Kunreuther Origin of Predictable Behavior: Further Modeling and Applications pp. 391-96 Ronald A Heiner Individual Rationality, Market Rationality, and Value Estimation pp. 397-402 Peter Knez , Vernon L. Smith and Arlington Walton Williams Knowledge, Uncertainty, and Behavior pp. 403-08 Keith D Wilde , Allen D LeBaron and L Dwight Israelsen The Changing Environment of Central Bank Policy pp. 409-13 Alexandre Lamfalussy Volume 75, issue 1 , 1985
Microeconomic Efficiency and Nominal Wage Stickiness pp. 1-15 Charles L Schultze The Production Process in a Competitive Economy: Walrasian, Neo-Hobbesian, and Marxian Models pp. 16-36 Samuel Bowles The Validity of Profits-Structure Studies with Particular Reference to the FTC's Line of Business Data pp. 37-67 George J Benston Do Large Deficits Produce High Interest Rates? pp. 68-87 Paul Evans Transaction Costs in the Theory of Unemployment pp. 88-100 Peter Howitt The Demand for Unobservable and Other Nonpositional Goods pp. 101-16 Robert H. Frank Fiscal Policy and Aggregate Demand pp. 117-27 David Alan Aschauer General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States pp. 128-38 Charles Lincoln Ballard , John B Shoven and John Whalley The Use of Protection and Subsidies for Entry Promotion and Deterrence pp. 139-52 Avinash Kamalakar Dixit and Albert S. Kyle A Framework for Evaluating the Effects of Economic Growth and Transfers on Poverty pp. 153-61 Peter Gottschalk and Sheldon Danziger A Theory of Two-Tier Labor Markets in Agrarian Economies pp. 162-77 Mukesh Eswaran and Ashok Kotwal The Relative Inefficiency of Quotas: The Cheese Case pp. 178-90 James E. Anderson Testing for the Effectiveness of Wage-Price Controls: An Application to the Carter Program pp. 191-207 John B Hagens and R Robert Russell Stardom and Talent pp. 208-12 Moshe Adler Advertising and Economic Welfare pp. 213-18 Len M Nichols Oligopoly and the Incentive for Horizontal Merger pp. 219-27 Martin K Perry and Robert H. Porter Military Enlistments: What Can We Learn from Geographic Variation? pp. 228-34 Charles Brown Paying for Public Inputs pp. 235-38 Richard Manning , James R. Markusen and John McMillan Excess Labor and the Business Cycle pp. 239-45 Ray C. Fair Monopoly Unionism: Note pp. 246-49 Daniel Leonard Why Everything Takes 2.71828... Times as Long as Expected pp. 250-52 Philip Musgrove The Design of an Optimal Insurance Policy: Note pp. 253-55 George Blazenko A Further Comment on Preemptive Patenting and the Persistence of Monopoly pp. 256-58 Jonathan A K Cave A Curse on Several Houses pp. 259 Boris P Pesek Experimental Economics: Comment pp. 260-63 Ronald A Heiner Experimental Economics: Comment pp. 264 Daniel Friedman Experimental Economics: Reply pp. 264-72 Vernon L. Smith Relative Prices, Concentration, and Money Growth: Comment pp. 273-78 Daniel J. Richards Relative Prices, Concentration, and Money Growth: Reply pp. 279-80 Henry W. Chappell and John Addison Relative Risk Aversion in Comparative Statics: Comment pp. 281-83 Eric Briys and Louis Eeckhoudt Relative Risk Aversion in Comparative Statics: Comment pp. 284-85 John Denis Hey Relative Risk Aversion in Comparative Statics: Reply pp. 286-87 Eliakim Katz
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