American Economic Review
1969 - 2025
Current editor(s): Esther Duflo From American Economic Association Contact information at EDIRC. Bibliographic data for series maintained by Michael P. Albert (). Access Statistics for this journal.
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Volume 64, issue 6, 1974
- Structure of the World Economy: Outline of a Simple Input-Output Formulation pp. 823-34

- Wassily Leontief
- All for the Best: The Federal Reseve Board's 60th Annual Report pp. 835-50

- Edward Kane
- On the Irrelevance of Corporate Financial Policy pp. 851-66

- Joseph Stiglitz
- Unemployment, Inflation, and Monetarism pp. 867-87

- Jerome L Stein
- The Earnings and Promotion of Women Faculty pp. 888-903

- George Johnson and Frank P Stafford
- The Expected Impact of the Wage-Price Freeze on Relative Shares pp. 904-14

- Sol S Shalit and Uri Ben-Zion
- Pay and Performance in Major League Baseball pp. 915-30

- Gerald W Scully
- Competitive Interest Payments on Bank Deposits and the Long-Run Demand for Money pp. 931-49

- Benjamin Klein
- The Effect of Risk on the Investment in Human Capital pp. 950-63

- David Levhari and Yoram Weiss
- The Measurement of Technical Change Biases with Many Factors of Production pp. 964-76

- Hans Binswanger-Mkhize
- Household Production Theory, Quality, and the "Hedonic Technique." pp. 977-94

- John Muellbauer
- Fairness and Envy pp. 995-1005

- Allan M Feldman and Alan Kirman
- Investment Decisions Under Uncertainty: The "Irreversibility Effect." pp. 1006-12

- Claude Henry
- Industrial Organization and International Trade: Some Theoretical Considerations pp. 1013-20

- Lawrence White
- The Economics of Environmental Preservation: Comment pp. 1021-24

- Ronald G Cummings and Virgil Norton
- The Economics of Environmental Preservation: Comment pp. 1025-29

- A Eugene Abrassart and Dale D McFarlane
- The Economics of Environmental Preservation: Further Discussion pp. 1030-39

- Anthony C Fisher, John V Krutilla and Charles J Cicchetti
- Gains from Trade Under Uncertainty pp. 1040-48

- Raveendra N Batra and William R Russell
- Technological Change, Production, and Investment in Natural Resource Industries pp. 1049-59

- Gordon Rausser
- Cropsharing Tenancy in Agriculture: Comment pp. 1060-66

- David M Newbery
- Cropsharing Tenancy in Agriculture: Rejoinder pp. 1067-69

- Pranab Bardhan and T N Srinivasan
- Incentive Contracts and Competitive Bidding: Comment pp. 1070-71

- Colin C Blaydon and Paul W Marshall
- Incentive Contracts and Competitive Bidding: Reply pp. 1072-73

- David P Baron
- Feige and Parkin on the Optimal Quantity of Money pp. 1074-76

- Thomas Russell
- Population Growth, Agricultural Capital, and the Development of a Dual Economy pp. 1077-85

- Yoshio Niho
- Comment on Corporate Income Taxes and the Cost of Capital: A Correction pp. 1086-87

- Pao Lun Cheng
- Capital and Technology Movements and Economic Welfare pp. 1088-1100

- Nobuo Minabe
- The Foundations of Money Illusion in a Neoclassical Micro-Monetary Model: Errata pp. 1101
- Richard Dusansky and Peter J Kalman
Volume 64, issue 4, 1974
- The 1974 Report of the President's Council of Economic Advisers: International Issues pp. 523-34

- Anne O Krueger
- The 1974 Report of the President's Council of Economic Advisers: The Control of Inflation and the Future of the International Monetary System pp. 535-43

- David Laidler
- The 1974 Report of the President's Council of Economic Advisers: A Critique of Past and Prospective Economic Policies pp. 544-57

- Franco Modigliani
- The 1974 Report of the President's Council of Economic Advisers: Energy in the Economic Report pp. 558-65

- William Nordhaus
- Invariant Economic Index Numbers and Canonical Duality: Survey and Synthesis pp. 566-93

- Paul A Samuelson and S Swamy
- Technological Change in the Soviet Collective Farm pp. 594-603

- Raveendra N Batra
- Investments in Human Capital and Growth in Personal Income 1956-1966 pp. 604-15

- Thomas Johnson and Frederick J Hebein
- Optimal International Borrowing and Lending pp. 616-30

- James A Hanson
- On Biased Technological Progress pp. 631-39

- Akira Takayama
- The Sizes and Types of Cities pp. 640-56

- J V Henderson
- Quality Competition, Industry Equilibrium, and Efficiency in the Price-Constrained Airline Market pp. 657-69

- George W Douglas and Miller, James C,
- Factor Proportions and Economic Rationality in Soviet International Trade 1955-1968 pp. 670-81

- Steven Rosefielde
- The Interaction Between Local Government and Urban Residential Location pp. 682-96

- Richard E Schuler
- A Note on the Elasticity of Derived Demand Under Decreasing Returns pp. 697-700

- Assaf Razin
- A Note on the Structure of Optimal Taxation pp. 701-06

- Agnar Sandmo
- The Diagrammatic Analysis of Multiple Consumption Externalities pp. 707-14

- Edgar Browning
- Priorities and Pollution: Comment pp. 715-17

- Abba P Lerner
- Priorities and Pollution: Reply pp. 718-23

- Jerome L Stein
- An Analysis of Turning Point Forecasts: A Fairly Polite Comment pp. 724-27

- Rendigs Fels and C Elton Hinshaw
- An Analysis of Turning Point Forecasts: A Polite Reply pp. 728-29

- H O Stekler
- Transport Costs and the Static Welfare Costs of Tariffs pp. 730-33

- Waters, W G,
- The Theory of the Firm in "Long-Run" Equilibrium pp. 734-41

- Eugene Silberberg
- Relative Efficiency in Wheat Production in the Indian Punjab pp. 742-51

- Surjit S Sidhu
- Redistribution and the Pareto Criterion pp. 752-57

- Harold M Hochman and James D Rodgers
- A Note on Welfare Surpluses and Gains From Trade in General Equilibrium pp. 758-62

- James Anderson
- The Coase Proposition, Information Constraints, and Long-Run Equilibrium pp. 763-72

- William Schulze and Ralph d'Arge
- The Process Analysis Alternative to Statistical Cost Functions: Comment pp. 773-76

- James R Marsden, David E Pingry and Andrew Whinston
- The Process Analysis Alternative to Statistical Cost Functions: Reply pp. 777-79

- James M Griffin
- Price Discrimination by Regulated Motor Carriers: Comment pp. 780-84

- M L Greenhut, M J Hwang and Hiroshi Ohta
- Price Discrimination by Regulated Motor Carriers: Reply pp. 785-86

- Josephine E Olson
- On the Durability of Capital Goods Under Imperfect Market Conditions pp. 787-96

- Wolfhard Ramm
- Commodity Trade and Factor Mobility pp. 797-801

- Melvyn B Krauss
- Choice Involving Unwanted Risky Events and Optimal Insurance: Comment pp. 802-03

- David S Salkever
- Choice Involving Unwanted Risky Events and Optimal Insurance: Reply pp. 804
- Michael Parkin and S Y Wu
- The Number of Firms and Competition: Comment pp. 805
- Hajime Hori
- The Number of Firms and Competition: Reply pp. 806
- Eugene Fama and Arthur B Laffer
Volume 64, issue 3, 1974
- General Economic Equilibrium: Purpose, Analytic Techniques, Collective Choice pp. 253-72

- Kenneth Arrow
- Capital Importation and Sectoral Development: A Model Applied to Postwar Puerto Rico pp. 273-90

- John J Mingo
- The Political Economy of the Rent-Seeking Society pp. 291-303

- Anne O Krueger
- The Empirical Relationships Between the Dividend and Investment Decisions of Firms pp. 304-18

- Eugene Fama
- On the Impact of Uncertainty on the Value and Investment of the Neoclassical Firm pp. 319-36

- Guy V G Stevens
- Land Use and Zoning in an Urban Economy pp. 337-47

- William J Stull
- The Neoclassical Production Function pp. 348-58

- Lowell E Gallaway and Vishwa Shukla
- The Social Costs of Input-Market Distortions pp. 359-72

- Daniel Wisecarver
- Private Incentives and Public Information pp. 373-90

- John M Marshall
- Testing for the Existence of a Consistent Aggregate Index of Labor Inputs pp. 391-404

- Ernst R Berndt and Laurits R Christensen
- The Stochastic Structure of the Velocity of Money pp. 405-18

- John P Gould and Charles Nelson
- Faculty Salaries: Is There Discrimination by Sex, Race, and Discipline? pp. 419-27

- Nancy M Gordon, Thomas E Morton and Ina C Braden
- The Rationale of the Mean-Standard Deviation Analysis: Comment pp. 428-30

- Karl Borch
- The Rationale of the Mean-Standard Deviation Analysis: Comment pp. 431-33

- G O Bierwag
- The Rationale of the Mean-Standard Deviation Analysis: Comment pp. 434-41

- Haim Levy
- The Rationale of the Mean-Standard Deviation Analysis: Reply and Errata for Original Article pp. 442-50

- S C Tsiang
- Externalities as Commodities: Comment pp. 451-53
- Dolbear, F Trenery,
- Externalities as Commodities: Comment pp. 454-59

- Talbot Page and John A Ferejohn
- Externalities as Commodities: Reply pp. 460-61

- Robert A Meyer
- On Taxation and the Control of Externalities: Comment pp. 462-66

- Thomas H Tietenberg
- On Taxation and the Control of Externalities: Comment pp. 467-71

- Earl A Thompson and Ronald Batchelder
- On Taxation and the Control of Externalities: Reply pp. 472
- William Baumol
- Consumer Preferences and Gains from Trade pp. 473-77

- Yeong-Her Yeh
- A Note on the Price Adjustment Mechanism for Rental Housing pp. 478-81

- Lawrence B Smith
- Phase II, Cost-Push Inflation, and Relative Wages pp. 482-91

- Michael L Wachter
- Earnings, Employment, and Racial Discrimination: Additional Evidence pp. 492-501

- B F Kiker and W Pierce Liles
- On Reanalyzing the Harris-Todaro Model: Policy Rankings in the Case of Sector-Specific Sticky Wages pp. 502-08

- Jagdish N Bhagwati and T N Srinivasan
- The Nature of Quantities in Market Disequilibrium pp. 509-14

- Herschel Grossman
- The Nature of Quantities in Market Disequilibrium: Comment pp. 515-17

- E C H Veendorp
Volume 64, issue 2, 1974
- The Economics of Resources or the Resources of Economics pp. 1-14
- Robert Solow
- The Economics of the Steady State pp. 15-21

- Herman Daly
- Resources as a Constraint on Growth pp. 22-26

- William Nordhaus
- A Growth Model with Population Endogenous pp. 27-32

- Richard F Kosobud and William D O'Neill
- Resource and Amenity Implications of Population Changes pp. 33-38

- Ronald G Ridker
- The Role of Population in Models of Economic Growth pp. 39-44

- Allen C Kelley
- The Impact of Population Growth on Employment pp. 45-50

- Alan Sweezy and Aaron Owens
- The Political Economy of World Petroleum pp. 51-57

- James W McKie
- Politics, Economics, and World Oil pp. 58-67

- M A Adelman
- Three Lessons pp. 68-70

- Paul W McCracken
- A Strange Expansion pp. 71-74

- William J Fellner
- Lessons from the Current Economic Expansion pp. 75-77

- Paul A Samuelson
- A Plethora of Lessons from the Recent Expansion pp. 78-81

- Otto Eckstein
- The Legacy of Phase II Price Controls pp. 82-87

- Robert F Lanzillotti and Blaine Roberts
- Wages and the Pay Board pp. 88-92

- Daniel J B Mitchell and Arnold R Weber
- The Inflation Problem During Phase III pp. 93-99

- Barry Bosworth
- Price Controls in 1973: Strategies and Problems pp. 100-04

- Mary T Hamilton
- Alternatives to Monetary Policy pp. 105-11

- James S Duesenberry
- Alternative Monetary-Fiscal Policies and Sectoral Credit Flows pp. 112-20

- Andrew F Brimmer
- The Clouded Crystal Ball pp. 121-24

- Robert L Heilbroner
- Some Conjectures on Policy Problems of the 1970's pp. 125-28

- Kermit Gordon
- Economists as Servants of Power pp. 129-32

- Samuel Bowles
- Some Secular Changes in Business Cycles pp. 133-37

- Geoffrey H Moore
- Policy Issues in the International Economy of the 1970's pp. 138-40

- Hendrik S Houthakker
- Some Reasons for the Maximin Criterion pp. 141-46

- John Rawls
- Achieving the Just Polity pp. 147-52

- Dennis Mueller
- Political Constraints on Contractual Redistribution pp. 153-57

- James Buchanan and Winston C Bush
- Concepts of Distributional Equity: Discussion pp. 158-61

- Alvin K Klevorick
- The Concentration of Personal Wealth, 1922-1969 pp. 162-67
- James D Smith and Stephen D Franklin
- Who Paid the Taxes in 1966? pp. 168-74

- Benjamin A Okner and Joseph A Pechman
- Income Conditioning in a System of Transfer Programs pp. 175-80

- Barry L Friedman and Leonard J Hausman
- Sorting Out the Social Grant Programs: An Economist's Criteria pp. 181-89

- Charles L Schultze
- Cash Versus In-Kind Transfers pp. 190-95

- Lester Thurow
- Earnings Capacity and the Target Efficiency of Alternative Transfer Programs pp. 196-204

- Irwin Garfinkel and Robert H Haveman
- Conflicting Objectives in Income Maintenance Programs pp. 205-11
- Robert Lerman and Alair A Townsend
- A New View of Property Tax Incidence pp. 212-21

- Henry Aaron
- Is a Property Tax on Housing Regressive? pp. 222-29

- Richard A Musgrave
- The Property Tax: Progressive or Regressive? Discussion pp. 230-31
- Harvey E Brazer
- The Property Tax: Progressive or Regressive? Discussion pp. 231-32
- Dick Netzer
- The Property Tax: Progressive or Regressive? Discussion pp. 232-33

- Ann F Friedlander
- The Administered-Price Thesis Denied: Note pp. 232-34

- J Fred Weston, Steven Lustgarten and Nanci Grottke
- The Property Tax: Progressive or Regressive? Discussion pp. 233-34
- Earl R Rolph
- The Property Tax: Progressive or Regressive? Discussion pp. 234-35
- George E Peterson
- Recent Trends and Long-Run Prospects for Female Earnings pp. 236-42

- Victor Fuchs
- Education and Home Production pp. 243-50
- Arleen Leibowitz
- The Effects of Government Expenditures and Taxes on Female Labor pp. 251-56

- Michael J Boskin
- The Elasticity of Substitution and Cyclical Behavior of Productivity, Wages, and Labor's Share pp. 257-63

- Thomas Sargent and Neil Wallace
- A Disequilibrium Model of Demand for Factors of Production pp. 264-70

- Sherwin Rosen and M Ishaq Nadiri
- Multinational Corporations and the International Adjustment Process pp. 271-75

- Gary C Hufbauer
- Competition Policy Toward Multinational Corporations pp. 276-82

- Raymond Vernon
- Problems and Policies Affecting Labor's Interests pp. 283-88

- George H Hildebrand
- Prospects and Policy for U.S.-Soviet Trade pp. 289-93

- Gregory Grossman
- Sino-American Trade Prospects and Policy pp. 294-99

- Alexander Eckstein and Bruce Reynolds
- Prospects for U.S.-East European Trade pp. 300-06

- Alan A Brown, Paul Marer and Egon Neuberger
- Capital Controversies: Ancient and Modern pp. 307-16

- John R Hicks
- On the Relevance of the New Economics of the Family pp. 317-19

- Gary Becker
- Economic Theory and Its Discontents pp. 320-22

- Vernon L Smith
- The State of Theory pp. 323-24

- Harry G Johnson
- Is the Theory of Competitive Equilibrium With It? pp. 325-29

- Tjalling Koopmans
- On Stabilization Policy: Goals and Models pp. 330-37

- Thomas Muench and Neil Wallace
- On Optimal Taxation with Costly Administration pp. 338-45

- Walter P Heller and Karl Shell
- How Can Experiments Be More Useful? pp. 346-54

- Alice Rivlin
- The Use of Surveys for Policy Research pp. 355-64

- F. Juster
- Airline Capacity Limitation Controls: Public Vice or Public Virtue? pp. 365-71

- George C Eads
- Amtrak in Perspective: Where Goest the Pointless Arrow? pp. 372-77

- Edwin P Patton
- The Wheel: Should We Reinvent It? pp. 378-83

- Hugh S Norton
- The Market for Goods and the Market for Ideas pp. 384-91

- Ronald Coase
- Regulation and Diversity in Communications Media pp. 392-99

- William F Baxter
- The Economics of the First Amendment: Discussion pp. 400-02

- Bruce Owen
- Developing Independent Problem-Solving Ability in Elementary Economics pp. 403-07

- Rendigs Fels
- Computer-Aided Instruction for Large Elementary Courses pp. 408-13

- Bernard H Booms and D Lynne Kaltreider
- Introducing Freshmen to the Social System pp. 414-19

- Kenneth E Boulding and Elise Boulding
- The Investment Income Formula of the American Economic Association pp. 420-26

- Donald Nichols
- What Is Permanent Endowment Income? pp. 427-32

- James Tobin
- A Plan for the Definition of Endowment Income pp. 433-37

- James M Litvack, Burton G Malkiel and Richard E Quandt
- Endowment Income, Capital Gains and Inflation Accounting: Discussion pp. 438-41

- Robert Eisner
- Endowment Income, Capital Gains and Inflation Accounting: Discussion pp. 441-42
- Stanley Black
Volume 64, issue 1, 1974
- Limited Knowledge and Economic Analysis pp. 1-10
- Kenneth Arrow
- Myopic Optimizing and Rules of Thumb in a Micro-Model of Industrial Growth pp. 11-23

- Richard H Day, Samuel A Morley and Kenneth R Smith
- International Capital Movements and the Patterns of Economic Growth pp. 24-36

- Yusuke Onitsuka
- The Demand and Supply of Durable Goods and Durability pp. 37-55

- Richard W Parks
- Competitive Price Adjustments: An Empirical Study pp. 56-65

- Bennett McCallum
- An Economic Model of Production and Investment for Petroleum Reservoirs pp. 66-79

- Robert G Kuller and Ronald G Cummings
- Can Equalization of Opportunity Reduce Social Mobility? pp. 80-90

- John Conlisk
- Toward a Theory of Multiple Customs Unions pp. 91-101

- Sukesh K Ghosh
- The Dynamics of Inflation in Latin America, 1950-1969 pp. 102-14

- Robert C Vogel
- The Foundations of Money Illusion in a Neoclassical Micro-Monetary Model pp. 115-22

- Richard Dusansky and Peter J Kalman
- Accounting for the Growth of Output pp. 123-35

- Spencer Star
- The Stability Properties of Optimal Economic Policies pp. 136-48

- Stephen J Turnovsky
- Product Liability: The Case of an Asset with Random Life pp. 149-61

- John P Brown
- Capital Markets and the Dynamics of Growth pp. 162-69
- Mathew Shane
- Labor Supply Under Uncertainty and the Rate of Unemployment pp. 170-75

- Michael J Hartley and Nagesh S Revankar
- Default Risk, Homemade Leverage, and the Modigliani-Miller Theorem pp. 176-82

- David P Baron
- Patent Life and R & D Rivalry pp. 183-87

- Morton I Kamien and Nancy L Schwartz
- Life Cycle Consumption and Labor Supply: An Explanation of the Relationship Between Income and Consumption Over the Life Cycle pp. 188-94

- James J Heckman
- Money Illusion and the Aggregate Consumption Function: Note pp. 195-99

- George D Craig
- Semivariance and Stochastic Dominance: A Comparison pp. 200-04

- R Burr Porter
- The Precautionary Demand for Reserves pp. 205-10
- Ernst Baltensperger
- Risk Premiums and the Life Cycle Hypothesis pp. 211-16

- Roger J Bowden
- Private and Social Rates of Return to Education of Academicians: Note pp. 217-19

- Lorenzo Figa-Talamanca
- Private and Social Rates of Return to Education of Academicians: Note pp. 220-24

- John A Tomaske
- Housing Market Discrimination, Homeownership, and Savings Behavior: Comment pp. 225-29

- John McDonald
- Housing Market Discrimination, Homeownership, and Savings Behavior: Reply pp. 230-31
- John Kain and John Quigley
- Job Quitting and Frictional Unemployment pp. 235-39

- J Peter Mattila
- Soviet Postwar Economic Growth and Capital-Labor Substitution: Comment pp. 240-42

- Krishna Kumar and Ephraim Asher
- Soviet Postwar Economic Growth and Capital-Labor Substitution: Reply pp. 243
- Martin Weitzman
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