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American Economic Review

1969 - 2018

Current editor(s): Esther Duflo

From American Economic Association
Contact information at EDIRC.

Bibliographic data for series maintained by Michael P. Albert ().

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Volume 61, issue 5, 1971

Money and Barter in General Equilibrium with Transaction Costs pp. 773-83 Downloads
Jurg Niehans
The Uses of Money: Money in the Theory of an Exchange Economy pp. 784-805 Downloads
Karl Brunner and Allan Meltzer
The Supply of Rental Housing pp. 806-17 Downloads
Frank de Leeuw and Nkanta F Ekanem
The Composition of International Reserve Holdings: A Problem of Choice Involving Risk pp. 818-32 Downloads
John Makin
Investment in Graduate Education pp. 833-52 Downloads
Yoram Weiss
Hospital Cost Inflation: A Study of Nonprofit Price Dynamics pp. 853-72 Downloads
Martin Feldstein
Congestion Tolls Under Monopoly pp. 873-82 Downloads
Noel M Edelson
External Diseconomies in Competitive Supply pp. 883-90 Downloads
Charles J Goetz and James Buchanan
Factor Substitution and Effective Protection Reconsidered pp. 891-900 Downloads
Mordechai Kreinin, James B Ramsey and Jan Kmenta
Deposit Expansion and Federal Reserve-Banking System Interaction: A Micro Unit Simulation pp. 901-15 Downloads
Willard T Carleton and William R Bryan
Optimal Distributed Lag Responses and Expectations pp. 916-24 Downloads
Roger Craine
The Theory of Tariffs, Taxes, and Subsidies: Some Aspects of the Second Best pp. 925-31 Downloads
Trent J Bertrand and Jaroslav Vanek
The End of the North-South Wage Differential pp. 932-37 Downloads
Philip Coelho and Moheb A Ghali
Subsidies, Economic Lives, and Complete Resource Misallocation pp. 938-45 Downloads
Paul Taubman and Robert Rasche
Population Density in Patterns of Trade and Development pp. 956-61 Downloads
Donald B Keesing and Donald R Sherk
The Elasticity of Expansion and Scale Adjustments of the Firm pp. 962-65 Downloads
Dale B Truett
Monopsony in the Market for Public School Teachers pp. 966-71 Downloads
John H Landon and Robert N Baird
A Set of Explicit Homothetic Production Functions pp. 980-83 Downloads
Benjamin Wolkowitz

Volume 61, issue 4, 1971

The 1971 Report of the President's Council of Economic Advisers: Inflation and Recession pp. 517-21 Downloads
Martin J Bailey
The 1971 Report of the President's Council of Economic Advisers: Inflation and Recession pp. 522-26 Downloads
Robert Eisner
The 1971 Report of the President's Council of Economic Advisers: Priorities and Efficiency pp. 527-30 Downloads
Abba P Lerner
The 1971 Report of the President's Council of Economic Advisers: Micro-Economic Aspects of Public Policy pp. 531-37 Downloads
Jerome Stein
The Duopoly Game: Output Variations pp. 538-60 Downloads
D K Osborne
The Private and Social Value of Information and the Reward to Inventive Activity pp. 561-74 Downloads
Jack Hirshleifer
Entrepreneurial Income: How Does It Measure Up? pp. 575-85 Downloads
Laurits R Christensen
Substitution, Complementarity, and the Residual Variation Around Dynamic Demand Equations pp. 586-97 Downloads
Louis Phlips
Debt in the Consumer Portfolio: Evidence from a Panel Study pp. 598-613 Downloads
William C Dunkelberg and Frank Stafford
Estimation of Structure-Profit Relationships with Application to the Food Processing Sector pp. 614-27 Downloads
Blake Imel and Peter Helmberger
The Pareto Optimal Approach to Income Redistribution: A Fiscal Application pp. 628-37 Downloads
George von Furstenberg and Dennis Mueller
Stability in Periodic Markets pp. 638-48 Downloads
Norman P Obst
Officer Supply-The Impact of Pay, the Draft, and the Vietnam War pp. 649-64 Downloads
Stuart H Altman and Robert Barro
The Market for a Semipublic Good: The Case of the American Economic Review pp. 665-74 Downloads
Yoram Barzel
The Neo-Factor Proportions Theory of International Trade: An Empirical Investigation pp. 675-81 Downloads
Thomas C Lowinger
Consumer's Surplus and Producer's Goods pp. 682-87 Downloads
Richard Schmalensee
Import Controls on Foreign Oil: Tariff or Quota? pp. 688-91 Downloads
George A Hay
Profits of Defense Contractors pp. 692-94 Downloads
George Stigler and Claire Friedland
On the Empirical Relevancy of the Ranis-Fei Model of Economic Development: Comment pp. 695-703 Downloads
Hakchung J Choo
On the Empirical Relevancy of the Ranis-Fei Model of Economic Development: Reply pp. 704-08 Downloads
John C H Fei and Gustav Ranis
Incentive and Disincentive Experimentation for Income Maintenance Policy Purposes: Note pp. 709-12 Downloads
Edgar Browning
Pecuniary Externalities: A Game Theoretic Analysis pp. 713-18 Downloads
Martin Shubik
On the Economics of Mass Demonstrations: A Case Study of the Nov. 1969 March on Washington pp. 719-24 Downloads
Cicchetti, Charles J, et al
The Graduated Fair Return: Comment pp. 725-26 Downloads
C Robert Wichers
The Graduated Fair Return: A Further Comment pp. 727-29 Downloads
Alvin K Klevorick
Mass Balance, General Equilibrium, and Environmental Externalities pp. 730-35 Downloads
Roger Noll and John Trijonis
Externalities as Commodities pp. 736-40 Downloads
Meyer, Robert A,
Stochastic Reserve Losses and Expansion of Bank Credit: Note pp. 741-45 Downloads
J Phillip Cooper
Discrimination and Income Differentials: Comment pp. 746-50 Downloads
Orley Ashenfelter and Michael K Taussig
Discrimination and Income Differentials: Reply pp. 751-55 Downloads
James Gwartney

Volume 61, issue 3, 1971

Mexican Economic Policy in the Post-war Period: The Views of Mexican Economists pp. 1-67
Leopoldo Solis
Yugoslav Economic Policy in the Post-war Period: Problems, Ideas, Institutional Developments pp. 69-169 Downloads
Branko Horvat
Optimal Taxation and Public Production II: Tax Rules pp. 261-78 Downloads
Peter Diamond and James Mirrlees
A Short-Term Econometric Model of Textile Industries pp. 279-89 Downloads
Roger LeRoy Miller
Information and Frictional Unemployment pp. 290-301 Downloads
Reuben Gronau
The Efficient Allocation of Subsidies to College Students pp. 302-11 Downloads
Stephen A Hoenack
Discrimination by Waiting Time in Merit Goods pp. 312-23 Downloads
Donald Nichols, E Smolensky and T N Tideman
Optimal Mechanisms for Income Transfer pp. 324-34 Downloads
Richard Zeckhauser
The Optimal Quantity of Money, Bonds, Commodity Inventories, and Capital pp. 335-49 Downloads
Edgar Feige and Michael Parkin
A Utility Theory of Representative Government pp. 350-67 Downloads
Edwin T Haefele
International Trade and Capital Mobility pp. 368-79 Downloads
Ernest Nadel
Peasants, Procreation, and Pensions pp. 380-89
Philip A Neher
A Model of Soviet-Type Economic Planning pp. 390-406 Downloads
Michael Manove
Transactions Costs and the Demand for Money pp. 407-20 Downloads
Thomas R Saving
Interest Rates and the Short-Run Consumption Function pp. 421-25 Downloads
Warren Weber
Unemployment and Inflation: A Cross-Country Analysis of the Phillips Curve pp. 426-29 Downloads
David J Smyth
Long-Run Scale Adjustments of a Perfectly Competitive Firm and Industry: An Alternative Approach pp. 430-34
Richard Portes
Income Taxes and Incentives to Work: Some Additional Empirical Evidence pp. 435-43 Downloads
D B Fields and W T Stanbury
Fiscal and Monetary Policy Reconsidered: Comment pp. 444-47 Downloads
Bent Hansen
Fiscal and Monetary Policy Reconsidered: Comment pp. 448-51 Downloads
John H Hotson
Fiscal and Monetary Policy Reconsidered: Comment pp. 452-53 Downloads
Barbara Henneberry and James G Witte
Fiscal and Monetary Policy Reconsidered: Comment pp. 454-57 Downloads
Keith M Carlson
Fiscal and Monetary Policy Reconsidered: Reply pp. 458-61 Downloads
Robert Eisner
More on an Empirical Definiton of Money: Note pp. 462-68 Downloads
David T Hulett
Dependency Rates and Savings Rates: Comment pp. 469-71 Downloads
Kanhaya L Gupta
Dependency Rates and Savings Rates: Comment pp. 472-75 Downloads
Nassau A Adams
Dependency Rates and Savings Rates: Reply pp. 476-80 Downloads
Nathaniel H Leff
A Property of a Closed Linear Model of Production: Note pp. 481-82
David Levhari
Economics of Production from Natural Resources: Comment pp. 483-87 Downloads
Richard F Fullenbaum, Ernest W Carlson and Frederick W Bell
Economics of Production from Natural Resources: Reply pp. 488-91 Downloads
Vernon Smith
Employment and Rural Wages in Egypt: A Reinterpretation pp. 492-99 Downloads
James A Hanson
Employment and Rural Wages in Egypt: Reply pp. 500-08 Downloads
Bent Hansen

Volume 61, issue 2, 1971

The Keynesian Revolution and the Monetarist Counter-Revolution pp. 1-14
Harry G Johnson
The Graduated Work Incentive Experiments: Current Progress pp. 15-21 Downloads
Harold W Watts
The Seattle Experiment: The Combined Effect of Income Maintenance and Manpower Investments pp. 22-29 Downloads
Mordecai Kurz
The Gary Income Maintenance Experiment: Plans and Progress pp. 30-38 Downloads
Terence F Kelly and Leslie Singer
Current Status of Income Maintenance Experiments: Discussion pp. 39-42 Downloads
James N Morgan
The Reviewers Reviewed pp. 45-52 Downloads
Charles L Schultze
The State of Political Economics pp. 53-62 Downloads
John G Gurley
The State of Economics: The Behavioral and Social Sciences Survey: Discussion pp. 63-65 Downloads
Robert Solow
The State of Economics: The Behavioral and Social Sciences Survey: Discussion pp. 65-67 Downloads
Robert L Heilbroner
The State of Economics: The Behavioral and Social Sciences Survey: Discussion pp. 67-68
Henry W Riecken
The Growth of Cable TV and Its Probable Impact on Over-The-Air Broadcasting pp. 69-73 Downloads
Rolla Edward Park
Concentration of Control and the Price of Television Time pp. 74-80
John L Peterman
Program Duplication, Diversity, and Effectve Viewer Choices: Some Empirical Findings pp. 81-88 Downloads
Harvey J Levin
TV Program Diversity-New Evidence and Old Theories pp. 89-93 Downloads
Edward Greenberg and Harold J Barnett
Television: Old Theories, Current Facts, and Future Policies: Discussion pp. 94-100
John J McGowan and Merton J Peck
Expectations, Mergers and Equilibrium in Purely Competitive Securities Markets pp. 101-11 Downloads
John Lintner
The Vertical Integration of Production: Market Failure Considerations pp. 112-23 Downloads
Oliver Williamson
Conglomerate and Vertical Responses to Market Imperfection: Discussion pp. 124-25 Downloads
Roland N McKean
Conglomerate and Vertical Responses to Market Imperfection: Discussion pp. 125-27
J Fred Weston
The Impact of Inflation on the Distribution of Income and Wealth pp. 128-38 Downloads
Edward C Budd and David F Seiders
The Two-way Relationship between the Budget and Economic Variables pp. 139-49 Downloads
Arnold H Packer
Micro Aspects of Macro Performance: Discussion pp. 150-52 Downloads
John L Palmer
Micro Aspects of Macro Performance: Discussion pp. 150
Charles E Metcalf
Environmental Pollution: Economics and Policy pp. 153-66 Downloads
Allen V Kneese
The Political Economy of Environmental Quality: Discussion pp. 167-69 Downloads
Kenneth E Boulding
The Political Economy of Environmental Quality: Discussion pp. 169-72
Jack W Carlson
The Political Economy of Environmental Quality: Discussion pp. 172-73
Richard W Judy
The Political Economy of Environmental Quality: Discussion pp. 173-77
Marc J Roberts
Trade Policies in Developing Countries pp. 178-87 Downloads
Bela Balassa
Tariff Preferences and Separable Utility pp. 188-94 Downloads
Christopher Clague
Nontariff Barriers and the Export Performance of Developing Economies pp. 195-205
Ingo Walter
Commercial Policy and Less Developed Countries: Discussion pp. 206-07 Downloads
Harald B Malmgren
Commercial Policy and Less Developed Countries: Discussion pp. 207-09
Stephen Guisinger
Commercial Policy and Less Developed Countries: Discussion pp. 209-10
Robert Baldwin
Methodology of Evaluating Economic Regulation pp. 211-17 Downloads
Fred M Westfield
Costs and Benefits of Regulating Communications pp. 218-25
Boyd L Nelson
The Social Costs of Regulating the Railroads pp. 226-34 Downloads
Ann F Friedlaender
Evaluation of Economic Regulation of Industry: Discussion pp. 235-37 Downloads
Alfred Kahn
Evaluation of Economic Regulation of Industry: Discussion pp. 237-39 Downloads
Larry F Darby
Evaluation of Economic Regulation of Industry: Discussion pp. 239-41
James R Nelson
The Lasting Effects of Elementary Economics Courses: Some Preliminary Results pp. 242-48 Downloads
Phillip Saunders
Teaching Economics to Black Students pp. 249-55
R Grann Lloyd
Videotaped Dialogues in Economics pp. 256-59 Downloads
Barry Castro
Teaching Economics: Experiments and Results: Discussion pp. 260-62 Downloads
Irving Morrissett
Teaching Economics: Experiments and Results: Discussion pp. 262-64
Marcia L Halvorsen
Teaching Economics: Experiments and Results: Discussion pp. 264-65
Campbell R McConnell
Education, Technology, and the Characteristics of Worker Productivity pp. 266-79 Downloads
Herbert Gintis
Teacher Characteristics and Gains in Student Achievement: Estimation Using Micro Data pp. 280-88 Downloads
Eric Hanushek
Ability and Schooling as Determinants of Lifetime Earnings or If You're So Smart, Why Aren't You Rich? pp. 289-98 Downloads
John C Hause
Educational Production Relationships: Discussion pp. 299-301 Downloads
William T Garner
Educational Production Relationships: Discussion pp. 301-02
Roger Alcaly
Educational Production Relationships: Discussion pp. 302-04 Downloads
Charles Z Wilson
Whither the Market for Academic Economists? pp. 305-10 Downloads
Allan M Cartter
The Supply of Economists in the 1970's pp. 311-15 Downloads
Lindsey R Harmon
Recent Behavior of Economists' Salaries pp. 316-20 Downloads
Francis M Boddy
Improving the Operation of the Academic Labor Market pp. 321-26 Downloads
David G Brown
A Younger Economist's Views on the Market pp. 327-33 Downloads
Robert Strauss
Jurisdictional Fragmentation and Residential Choice pp. 334-39 Downloads
Bryan Ellickson
Market Choices and Optimum City Size pp. 340-45 Downloads
Edwin S Mills and David M Ferranti
Social Problems and the Urban Crisis: Can Public Policy Make A Difference? pp. 346-53 Downloads
Worth Bateman and Harold M Hochman
Urban Growth and Development: Discussion pp. 354-55 Downloads
Roland Artle
Urban Growth and Development: Discussion pp. 355-57
Stephen P Dresch
Urban Growth and Development: Discussion pp. 357-59
Anthony H Pascal
Social Risk and Financial Markets pp. 360-70 Downloads
William Brainard and F T Dolbear
The Role of Insurance in the Allocation of Risk pp. 371-79 Downloads
Richard Kihlstrom and Mark Pauly
Insurance, Information, and Individual Action pp. 380-87
A. Spence and Richard Zeckhauser
The Allocation of Social Risk: Discussion pp. 388-89 Downloads
Martin J Bailey
The Allocation of Social Risk: Discussion pp. 389-90
Hyman Minsky
The Allocation of Social Risk: Discussion pp. 390-91 Downloads
Donald D Hester
Impact of Population on Resources and the Environment pp. 392-98 Downloads
Joseph L Fisher
Does Human Fertility Adjust to the Environment? pp. 399-407 Downloads
Richard A Easterlin
Issues in the Economics of a Population Policy for the United States pp. 408-17 Downloads
Glen Cain
Population and Environment in the United States: Discussion pp. 418-19 Downloads
T. Schultz
Population and Environment in the United States: Discussion pp. 419-21
Paul Demeny
Decentralized Planning Procedures and Centrally Planned Economies pp. 422-29 Downloads
Richard Portes
The Hungarian Economic Reform, Past and Future pp. 430-35
Tamas Nagy
The Theory of Planning: Discussion pp. 436-37 Downloads
Edward Ames
The Theory of Planning: Discussion pp. 437-39
Bella Balassa
Towards a Predictive Theory of Intergovernmental Grants pp. 440-48 Downloads
David Bradford and Wallace Oates
State and Local Response to Fiscal Decentralization pp. 449-55 Downloads
A James Heins
Centralization and Decentralization: The Political Economy of Public School Systems pp. 456-62 Downloads
O A Davis and K O Kortanek
The Economics of Political Decentralization: Discussion pp. 463-65 Downloads
Thomas E Borcherding
The Economics of Political Decentralization: Discussion pp. 463
Charles J Goetz
The Economics of Political Decentralization: Discussion pp. 465-67
Walter E Williams

Volume 61, issue 1, 1971

Theoretical Assumptions and Nonobserved Facts pp. 1-7
Wassily Leontief
Optimal Taxation and Public Production: I--Production Efficiency pp. 8-27 Downloads
Peter Diamond and James Mirrlees
United States Imports and Internal Pressure of Demand: 1948-68 pp. 28-47 Downloads
Robert Gregory
Cropsharing Tenancy in Agriculture: A Theoretical and Empirical Analysis pp. 48-64 Downloads
Pranab Bardhan and T. Srinivasan
Some Comments on the Treatment of Problems of the Inadequate Statistics in the United States: Precept and Practice pp. 64-67
C F Framingham and J A Macmillan
On the Theory of the Competitive Firm under Price Uncertainty pp. 65-73 Downloads
Agnar Sandmo
The Effect of Tariffs on Production, Consumption, and Trade: A Revised Analysis pp. 74-81
James Leith
A General Disequilibrium Model of Income and Employment pp. 82-93 Downloads
Robert Barro and Herschel Grossman
A Test for Relative Efficiency and Application to Indian Agriculture pp. 94-109
Lawrence J Lau and Pan A Yotopoulos
The Incidence of Social Security Payroll Taxes pp. 110-25 Downloads
John A Brittain
Determinants of the Commodity Structure of U.S. Trade pp. 126-46 Downloads
Robert Baldwin
Optimal Restrictions on Foreign Trade and Investment pp. 147-59 Downloads
Franz Gehrels
Large Industrial Corporations and Asset Shares: Comment pp. 160-62 Downloads
David R Kamerschen
Large Industrial Corporations and Asset Shares: Comment pp. 163-67 Downloads
Stanley E Boyle
Large Industrial Corporations and Asset Shares: Reply pp. 168-74 Downloads
David Mermelstein
Welfare Aspects of a Regulatory Constraint: Note pp. 175-78 Downloads
Eytan Sheshinski
Pitfalls in Financial Model Building: Some Extensions pp. 179-86 Downloads
Mark L Ladenson
Clothing Exemptions and Sales Tax Regressivity: Note pp. 187-89 Downloads
David G Davies
An Economic Theory of the Second Moments of Disturbances of Behavioral Equations pp. 190-94 Downloads
Henri Theil
A Neglected Social Cost of a Voluntary Military pp. 195-96
Thomas E Borcherding
On the Extension of Input-Output Analysis to Account for Environmental Externalities pp. 197-98 Downloads
A O Converse
Mishan on the Gains from Trade: Comment pp. 199-201 Downloads
Mel Krauss and David M Winch
Mishan on the Gains from Trade: Reply pp. 202-07 Downloads
E J Mishan
Profit Constrained Revenue Maximization: Note pp. 208-09 Downloads
Richard Rosenberg
Behavior of the Firm under Regulatory Constraint: Note pp. 210-12 Downloads
Israel Pressman and Arthur Carol
Spectral Analysis and the Detection of Lead-Lag Relations pp. 213-17 Downloads
John C Hause
Subsidized Housing in a Competitive Market: Comment pp. 218-19
Gordon Tullock
Subsidized Housing in a Competitive Market: Reply pp. 220-24 Downloads
Edgar Olsen
Expectations and the Demand for Bonds: Comment pp. 225-28 Downloads
Richard Roll
Expectations and the Demand for Bonds: Comment pp. 229-30 Downloads
Adolf Buse
Expectations and the Demand for Bonds: Comment pp. 231
Reuben A Kessel
Expectations and the Demand for Bonds: Reply pp. 232-36 Downloads
John H Wood
Output of the Restrained Firm: Comment pp. 237-39 Downloads
A Ross Shepherd
Output of the Restrained Firm: Reply pp. 240
Milton Z Kafoglis
Production Indeterminacy with Three Goods and Two Factors: A Comment on the Pattern of Trade pp. 241-44 Downloads
Douglas B Stewart
Production Indeterminacy with Three Goods and Two Factors: Reply pp. 245-46 Downloads
James Melvin
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