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American Economic Review
1969 - 2013
Edited by Pinelopi Koujianou Goldberg
from American Economic Association EDIRC .
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Volume 77, issue 5 , 1987
Multicountry, Multifactor Tests of the Factor Abundance Theory pp. 791-809 Harry P. Bowen , Edward E. Leamer and Leo Sveikauskas Vertical Product Differentiation and North-South Trade pp. 810-22 Harry Flam and Elhanan Helpman Discretionary Trade Policy and Excessive Protection pp. 823-37 Robert W. Staiger and Guido Tabellini The Cyclical Behavior of Marginal Cost and Price pp. 838-55 Mark Joseph Bils An Equilibrium Model with Involuntary Unemployment at Flexible, Competitive Prices and Wages pp. 856-74 John Roberts Ski-Lift Pricing, with Applications to Labor and Other pp. 875-90 Robert J. Barro and Paul Michael Romer Strategic Behavior in Contests pp. 891-98 Avinash Kamalakar Dixit Priority Service: Pricing, Investment, and Market Organization pp. 899-916 Hung-po Chao and Robert Butler Wilson The Relative Rigidity of Monopoly Pricing pp. 917-26 Julio Rotemberg and Garth Saloner Equilibrium Incentives in Oligopoly pp. 927-40 Chaim Fershtman and Kenneth L. Judd The Simple Analytics of Competitive Equilibrium with Multiproduct Firms pp. 941-53 Glenn MacDonald and Al Slivinski Economic Organization with Limited Communication pp. 954-71 Robert M. Townsend Women's Work, Sibling Competition, and Children's School Performance pp. 972-80 Frank Peter Stafford Do Biases in Probability Judgment Matter in Markets? Experimental Evidence pp. 981-97 Colin F Camerer The Cost of Regulation: OSHA, EPA and the Productivity Slowdown pp. 998-1006 Wayne B. Gray Deficit Announcements and Interest Rates pp. 1007-12 Paul Wachtel and John Young The Price of Final Product after Vertical Integration pp. 1013-16 Seung Hoon Lee Industrialization, Deindustrialization, and North-South Trade pp. 1017-18 Andre Burgstaller The Public Finance of a Protective Tariff: The Case of an Oil Import Fee pp. 1019-22 David S Bizer and Charles E. Stuart Secession and the Limits of Taxation: Toward a Theory of Internal Exit pp. 1023-31 James M. Buchanan and Roger L Faith Honesty in a Model of Strategic Information Transmission pp. 1032-36 Carolyn Pitchik and Andrew Schotter Operative Gift and Bequest Motives pp. 1037-47 Andrew Abel A Model of Medieval Grain Prices: Comment [Corn at Interest: The Extent and Cost of Grain Storage in Medieval England] pp. 1048-53 B Taub The Dynamics of Population Growth, Differential Fertility, and Inequality: Note pp. 1054-56 C Y Cyrus Chu The Competitive Effects of Vertical Agreements: Comment pp. 1057-62 G Frank Mathewson and Ralph A. Winter The Competitive Effects of Vertical Agreements: Comment pp. 1063-68 Marius Schwartz The Competitive Effects of Vertical Agreements: Reply pp. 1069-72 William S Comanor and Harry E. Frech The Value of Federal Mineral Rights, Correction and Update: Erratum [Government Saving, Capital Formation and Wealth in the United States, 1947-1985] pp. 1073-74 Michael J Boskin and Marc S Robinson Volume 77, issue 4 , 1987
Bonuses to Workers and Employers to Reduce Unemployment: Randomized Trials in Illinois pp. 513-30 Stephen A. Woodbury and Robert G Spiegelman Self-Selection and the Earnings of Immigrants pp. 531-53 George Borjas Measuring the Value of a Public Good: An Empirical Comparison of Elicitation Procedures pp. 554-66 David Brookshire and Don L Coursey Sex Discrimination in Labor Markets: The Role of Statistical Evidenc e pp. 567-83 Peter Joseph Kuhn The Optimal Use of Nonmonetary Sanctions as a Deterrent pp. 584-92 Steven Shavell If Homo Economicus Could Choose His Own Utility Function, Would He Want One with a Conscience? pp. 593-604 Robert H. Frank The Capital-Energy Complementarity Debate Revisited pp. 605-14 John L Solow Externalities from Contract Length pp. 615-29 Laurence Ball Social Security and Individual Welfare: Precautionary Saving, Borrowing Constraints, and the Payroll Tax pp. 630-46 Robert Glenn Hubbard and Kenneth L. Judd Monopolistic Competition and the Effects of Aggregate Demand pp. 647-66 Olivier Blanchard and Nobuhiro Kiyotaki Inventories and the Volatility of Production pp. 667-79 James A Kahn The Information in Long-Maturity Forward Rates pp. 680-92 Eugene F. Fama and Robert R Bliss Is the Distinction between Anticipated and Unanticipated Money Growth Relevant in Explaining Aggregate Output? pp. 693-703 Roman Frydman and Peter Rappoport Inflation, Fixed Cost of Price Adjustment, and Measurement of Relative-Price Variability: Theory and Evidence pp. 704-13 Leif Danziger Black-White Differences in Schooling Investment and Human Capital Production in Segregated Schools pp. 714-23 Peter Orazem Farm Failures and Government Intervention: A Case Study of the 1930' s pp. 724-30 Randal R Rucker and Lee J. Alston Is the Concentration-Profit Correlation Partly an Artifact of Lumpy Technology? pp. 731-33 Val Eugene Lambson Public Utility Pricing under Risk; the Case of Self-Rationing: Comment and Extension pp. 734-39 Peter M Schwarz and Thomas N Taylor Auctions with Contingent Payments: Comment pp. 740-45 William Samuelson Auctions with Contingent Payments: Comment pp. 746 Jacques Crémer The Conformity of Wage Indexation Models with the "Stylized Facts': A Comment pp. 747-49 Roger T. Kaufman and Geoffrey Woglom Spatial Competition and Vertical Integration; Cement and Concrete Revisited: Comment pp. 750-53 Ronald N Johnson and Allen M Parkman Spatial Competition and Vertical Integration; Cement and Concrete Revisited: Reply pp. 754-56 Mark E. McBride Volume 77, issue 3 , 1987
The Constitution of Economic Policy pp. 243-50 James M. Buchanan Health Insurance and the Demand for Medical Care: Evidence from a Randomized Experiment pp. 251-77 Manning, Willard G, et al Job Duration, Seniority, and Earnings pp. 278-97 Katharine Gail Abraham and Henry S Farber Savings of the Elderly and Desired Bequests pp. 298-312 Michael D. Hurd Emigration to South Africa's Mines pp. 313-30 Robert E.B. Lucas A General Equilibrium Analysis of Partial-Equilibrium Welfare Measures: The Case of Climate Change pp. 331-41 Mary F Kokoski and V. Kerry Smith Comparative Productivity: The USSR, Eastern Europe, and the West pp. 342-57 Abram Bergson The Adjustment of Expectations to a Change in Regime: A Study of the Founding of the Federal Reserve pp. 358-74 N. Gregory Mankiw , Jeffrey A Miron and David N. Weil Awarding Monopoly Franchises pp. 375-87 Michael H. Riordan and David E. M. Sappington Contracts as a Barrier to Entry pp. 388-401 Philippe Aghion and Patrick Bolton R&D Rivalry with Licensing or Imitation pp. 402-20 Michael L. Katz and Carl Shapiro Two-moment Decision Models and Expected Utility Maximization pp. 421-30 Jack Meyer Trade in a Tiebout Economy pp. 431-41 John Douglas Wilson Specification Tests of the Lucas-Rapping Model pp. 442-45 Myra K Hart Informal Job Search and Black Youth Unemployment pp. 446-52 Harry J. Holzer Licensing and Nontransferable Rents pp. 453-55 Lott, John R, On Perfect Rent Dissipation pp. 456-59 John T Wenders A Note on Bilateral Monopoly and Formula Price Contracts pp. 460-63 Roger D Blair and David L Kaserman Seasonality, Aggregation and the Testing of the Production Smoothing Hypothesis pp. 464-69 Moheb A Ghali The Validity of ROI as a Measure of Business Performance pp. 470-78 Robert Jacobson On the Comparative Statics of a Competitive Industry pp. 479-85 Michael Braulke The Elasticity of Scale, the Shape of Average Costs, and the Envelope Theorem pp. 486-88 Charles F Revier Unemployment as a Discipline Device with Heterogeneous Labor [Equilibrium Unemployment as a Worker Discipline Device] pp. 489-93 Jon Strand Exact Consumer's Surplus and Deadweight Loss: A Correction pp. 494-95 Robert H. Haveman , Mary Gabay and James Andreoni The Relevance of Quasi Rationality in Competitive Markets: Comment pp. 496-98 S Keith Berry The Relevance of Quasi Rationality in Competitive Markets: Reply pp. 499-501 Thomas Russell and Richard H. Thaler Volume 77, issue 2 , 1987
The Law and Economics Movement pp. 1-13 Richard A Posner The Centrality of Economics in Teaching Economic Statistics pp. 14-17 Glen G Cain Teaching Statistical Methods to Undergraduate Economics Students pp. 18-23 William Edward Becker Coping with the Diversity of Student Aptitudes and Interests pp. 24-28 Vijaya G Duggal The Interrelations of Finance and Economics: Theoretical Perspectives pp. 29-34 Stephen A Ross The Interrelations of Finance and Economics: Empirical Perspectives pp. 35-41 Michael R Gibbons A Dynamic Theory of Factor Taxation pp. 42-48 Kenneth L. Judd Evaluating Fiscal Policy with a Dynamic Simulation Model pp. 49-55 Alan Auerbach and Laurence J. Kotlikoff Growth Based on Increasing Returns Due to Specialization pp. 56-62 Paul Michael Romer Dynamic Coalitions: Engines of Growth pp. 63-67 Edward C. Prescott and John H Boyd What Have We Learned from the Economics of the Family? pp. 68-81 Robert J. Willis Multiple Equilibria in Models of Credit pp. 82-86 Peter A. Diamond Ultimate pp. 87-92 Robert J. Shiller Three Questions about Sunspot Equilibria as an Explanation of Economic Fluctuations pp. 93-98 Michael Woodford On the Issue of Causality in the Economic Model of Crime and Law Enforcement: Some Theoretical Considerations and Experimental Evidence pp. 99-106 Isaac Ehrlich and George D Brower A Model of Optimal Incapacitation pp. 107-10 Steven Shavell Permanent and Transitory Components in Macroeconomic Fluctuations pp. 111-17 John Y. Campbell and N. Gregory Mankiw Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks? pp. 118-24 Matthew D. Shapiro The Development of Keynesian Macroeconomics pp. 125-29 Bennett McCallum Keynes, Lucas, and Scientific Progress pp. 130-36 Alan S. Blinder Rational Models of Irrational Behavior pp. 137-42 George A. Akerlof and Janet L. Yellen Residual Differences by Sex: Perspectives on the Gender Gap in Earnings pp. 143-51 Claudia Goldin and Solomon William Polachek Race and Poverty: A Forty-Year Record pp. 152-58 James P. Smith and Finis Welch Debt, Capital Flows, and LDC Growth pp. 159-64 Anne O Krueger Sharing the Burden of the International Debt Crisis pp. 165-70 Stanley Fischer The Debt Crisis and the Future of International Bank Lending pp. 171-75 H Robert Heller Understanding Rent Dissipation: On the Use of Game Theory in Industrial Organization pp. 176-83 Drew Fudenberg and Jean Tirole Informational Asymmetries, Strategic Behavior, and Industrial Organization pp. 184-93 Paul Milgrom and John Roberts Exchange Rate Management: What Role for Intervention? pp. 194-99 Peter B. Kenen Exchange Rate Management: The Role of Target Zones pp. 200-204 John Harold Williamson The International Monetary System: Should It Be Reformed? pp. 205-10 Jacob A Frenkel Earnings Inequality, the Spatial Concentration of Poverty, and the Underclass pp. 211-15 Sheldon Danziger and Peter Gottschalk Do Transfer Payments Keep the Poor in Poverty? pp. 216-22 William Alexander Darity and Samuel L. Myers Economic Theory and Working Class Poverty towards a Reformulation pp. 223-28 David H Swinton Audit Classes and Tax Enforcement Policy pp. 229-33 Suzanne Scotchmer Tax Evasion and Capital Gains Taxation pp. 234-39 James Poterba Are We a Nation of Tax Cheaters? New Econometric Evidence on Tax Compliance pp. 240-45 Jeffrey A Dubin , Michael J Graetz and Louis L Wilde Gender Differences in the Cost of Displacement: An Empirical Test of Discrimination in the Labor Market pp. 246-51 Janice Fanning Madden Gender, Unions, and Internal Labor Markets: Evidence from the Public Sector in Two States pp. 252-56 Deborah M Figart Nonprofit Firms in Medical Markets pp. 257-62 Mark V Pauly Valuing Health--A "Priceless' Commodity pp. 263-68 Victor R Fuchs and Richard J. Zeckhauser Health Economics and Econometrics pp. 269-74 Joseph Newhouse The Israeli Stabilization Program, 1985-86 pp. 275-78 Stanley Fischer The Bolivian Hyperinflation and Stabilization pp. 279-83 Jeffrey Sachs The Austral Plan pp. 284-87 Daniel Heymann Brazil's Tropical Plan pp. 288-92 Eliana A Cardoso and Rüdiger Dornbusch Economic Conditions and Gubernatorial Elections pp. 293-97 Sam Peltzman The Revealed Preferences of Political Action Committees pp. 298-302 Keith T Poole , Thomas Romer and Howard Rosenthal Bargaining and Agenda Formation in Legislatures pp. 303-09 David P Baron and John Ferejohn The Conceit of Labor Market Discrimination pp. 310-15 D'Amico, Thomas F Discrimination: Empirical Evidence from the United States pp. 316-20 Francine Blau and Marianne A Ferber The Economics of Discrimination: Economists Enter the Courtroom pp. 321-25 Orley Ashenfelter and Ronald L. Oaxaca Allocative Disturbances and Specific Capital in Real Business Cycle Theories pp. 326-32 Steven J. Davis Sectoral vs. Aggregate Shocks in the Business Cycle pp. 333-36 Long, John B, and Charles . Plosser Is Consumption Insufficiently Sensitive to Innovations in Income? pp. 337-41 Lawrence J. Christiano Arbitrator Behavior pp. 342-46 Orley Ashenfelter Why Is There Disagreement in Bargaining? pp. 347-52 Henry S Farber and Max H Bazerman Negotiator Behavior under Arbitration pp. 353-58 David Bloom and Christopher L Cavanagh Volume 77, issue 1 , 1987
Economics and the Political Process pp. 1-10 Alice M Rivlin On the Marginal Welfare Cost of Taxation pp. 11-23 Edgar K. Browning Voluntary Donations and Public Expenditures in a Federal System pp. 24-36 Richard Steven Steinberg The Distribution of Public Services: An Exploration of Local Governmental Preferences pp. 37-49 Jere Richard Behrman and Steven G. Craig Intertemporal Labor Supply and Long-term Employment Contracts pp. 50-68 John M. Abowd and David E. Card Queues, Rations, and Market: Comparisons of Outcomes for the Poor and the Rich pp. 69-77 Raaj Kumar Sah Irrelevance of Open Market Operations in Some Economies with Government Currency Being Dominated in Rate of Return pp. 78-92 Thomas J. Sargent and Bruce D. Smith Exchange Rates and Prices pp. 93-106 Rüdiger Dornbusch Exchange Rate Management: Intertemporal Tradeoffs pp. 107-23 Elhanan Helpman and Assaf Razin The Global Correspondence Principle: A Generalization pp. 124-32 Jagdish N Bhagwati , Richard A. Brecher and Tatsuo Hatta Using Survey Data to Test Standard Propositions Regarding Exchange Rate Expectations pp. 133-53 Jeffrey Alexander Frankel and Kenneth A. Froot The Welfare Effects of Third-Degree Price Discrimination in pp. 154-67 Michael L. Katz Contract Duration and Relationship-Specific Investments: Empirical Evidence from Coal Markets pp. 168-85 Paul Joskow Diamonds Are a Government's Best Friend: Burden-Free Taxes on Goods Valued for Their Values pp. 186-91 Yew-Kwang Ng A Note on Indivisibilities, Specialization, and Economies of Scale pp. 192-94 Brian K Edwards and Ross M Starr Rigidity vs. License pp. 195-97 Joseph Farrell Searching for Leviathan: Comment and Extension pp. 198-204 Michael Arnold Nelson The Validity of Studies with Line of Business Data: Comment [The Validity of Profits-Structure Studies with Particular Reference to the FTC's Line of Business Data] pp. 205-17 Scherer, F M, et al The Validity of Studies with Line of Business Data: Reply [The Validity of Profits-Structure Studies with Particular Reference to the FTC's Line of Business Data] pp. 218-23 George J Benston Credit Rationing: A Further Remark [Credit Rationing in Markets with Imperfect Information] [Incentives Effects of Terminations: Applications to the Credit and Labor Markets] pp. 224-27 John Graham Riley Credit Rationing: Reply [Credit Rationing in Markets with Imperfect Information] [Incentives Effects of Terminations: Applications to the Credit and Labor Markets] pp. 228-31 Joseph E. Stiglitz and Andrew Murray Weiss Pechman's Tax Incidence Study: A Response pp. 232-34 Joseph A Pechman
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