EconPapers    
Economics at your fingertips  
 

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.
Is something missing from the series or not right? See the RePEc data check for the archive and series.


Volume 62, issue 5, 1972

Production, Information Costs, and Economic Organization pp. 777-95 Downloads
Armen Alchian and Harold Demsetz
Education and Underemployment in the Urban Ghetto pp. 796-812 Downloads
Bennett Harrison
Option Demand and Consumer's Surplus: Valuing Price Changes under Uncertainty pp. 813-24 Downloads
Richard Schmalensee
Sectoral Investment Determination in a Developing Economy pp. 825-41 Downloads
Jere Behrman
Capital Deepening Response in an Economy with Heterogeneous Capital Goods pp. 842-53 Downloads
Edwin Burmeister and Stephen J Turnovsky
Interest Rates and Inflationary Expectations: New Evidence pp. 854-65 Downloads
William E Gibson
Capital Gains and the Aggregate Consumption Function pp. 866-79 Downloads
Kul Bhatia
Keynes-Wicksell and Neoclassical Models of Money and Growth pp. 880-90 Downloads
Stanley Fischer
The Demand for the Services of Non-Federal Governments pp. 891-901 Downloads
Thomas E Borcherding and Robert Deacon
The Prediction Performance of the FRB-MIT-PENN Model of the U.S. Economy pp. 902-17 Downloads
Charles Nelson
Uncertain Entry and Excess Capacity pp. 918-27 Downloads
Morton I Kamien and Nancy L Schwartz
The Allocation of Transitory Income Among Consumers' Assets pp. 928-41 Downloads
Michael Darby
Duality and the Many Consumer's Surpluses pp. 942-52 Downloads
Eugene Silberberg
Fiscal and Monetary Policy Reconsidered: Comment pp. 953-56 Downloads
Jack Vernon
Fiscal and Monetary Policy Reconsidered: Further Reply pp. 957
Robert Eisner
Pollution and Pricing pp. 958
Allen V Kneese
Local versus National Pollution Control: Note pp. 959-63 Downloads
Sam Peltzman and T Nicolaus Tideman
Behavior of the Firm Under Regulatory Constraint pp. 964-70 Downloads
Jerome L Stein and George H Borts
The Futility of Pareto-Efficient Distributions pp. 971-76 Downloads
E J Mishan
Peasants, Procreation, and Pensions: Comment pp. 977-78 Downloads
Warren C Robinson
Peasants, Procreation, and Pensions: Reply pp. 979
Philip A Neher
A New Look at the Muth Model pp. 980-81 Downloads
Wyatt Mankin
Choice Involving Unwanted Risky Events and Optimal Insurance pp. 982-87 Downloads
Michael Parkin and S Y Wu
A Spectral Analysis of Post-Accord Federal Open Market Operations: Comment pp. 988-92 Downloads
Llad Phillips and Robert Weintraub
A Spectral Analysis of Post-Accord Federal Open Market Operations: Reply pp. 993-96 Downloads
Vittorio Bonomo and Charles Schotta
Multi-Neutral Technical Progress: Compatibilities, Conditions, and Consistency with Some Evidence pp. 997-1003 Downloads
Earl R Brubaker
Inflation, Unemployment, and Economic Welfare: Comment pp. 1004
Gordon Tullock
Inflation, Unemployment, and Economic Welfare: Reply pp. 1005-06 Downloads
Roger Waud
Lerner on Pollution Controls: Comment pp. 1007-08 Downloads
Ali M Reza
Pollution Abatement Subsidies pp. 1009-10 Downloads
Abba P Lerner
Price-Quantity Adjustments in a Competitive Market pp. 1011-15 Downloads
E C H Veendorp

Volume 62, issue 4, 1972

The 1972 Report of the President's Council of Economic Advisers: Inflation and Unemployment pp. 509-16
Edgar Feige
The 1972 Report of the President's Council of Economic Advisers: International Aspects pp. 517-26
Peter Kenen
The 1972 Report of the President's Council of Economic Advisers: Inflation and Controls pp. 527-32 Downloads
Reuben A Kessel
The 1972 Report of the President's Council of Economic Advisers: Economics and Government pp. 533-39 Downloads
Edmund Phelps
Money, Income, and Causality pp. 540-52 Downloads
Christopher A Sims
Neoclassical Investment Models and French Private Manufacturing Investment pp. 553-63 Downloads
Richard Schramm
Anticipatory and Objective Models of Durable Goods Demand pp. 564-79 Downloads
F. Juster and Paul Wachtel
Disasters and Charity: Some Aspects of Cooperative Economic Behavior pp. 580-90 Downloads
Christopher M Douty
Optimization and Scale Economies in Urban Bus Transportation pp. 591-604 Downloads
Herbert Mohring
The Economics of Environmental Preservation: A Theoretical and Empirical Analysis pp. 605-19 Downloads
Anthony C Fisher, John V Krutilla and Charles J Cicchetti
The Preventive Tariff and the Dual in Linear Programming pp. 620-29 Downloads
Leonard Waverman
A Choice-Theoretic Model of an Income-Investment Accelerator pp. 630-41 Downloads
Herschel Grossman
Advertising and the Aggregate Consumption Function pp. 642-55 Downloads
Lester Taylor and Daniel Weiserbs
A Note on the Stigler-Kindahl Study of Industrial Prices pp. 656-58 Downloads
George A Hay
The Statistical Theory of Racism and Sexism pp. 659-61 Downloads
Edmund Phelps
Learning and Productivity Change in Metal Products pp. 662-69 Downloads
Leonard Dudley
The Number of Firms and Competition pp. 670-74 Downloads
Eugene Fama and Arthur B Laffer
Soviet Postwar Economic Growth and Capital-Labor Substitution: Comment pp. 675-78 Downloads
Earl R Brubaker
Soviet Postwar Economic Growth and Capital-Labor Substitution: Comment pp. 679-81 Downloads
Mitchell Kellman and Lorenzo L Perez
Soviet Postwar Economic Growth and Capital-Labor Substitution: Reply pp. 682-84 Downloads
Martin Weitzman
A Model of Soviet-Type Economic Planning: Comment pp. 685-88 Downloads
J M Montias
A Model of Soviet-Type Economic Planning: Reply pp. 689-91 Downloads
Michael Manove
The Determinants of U. S. Direct Investment in the E. E. C.: Comment pp. 692-99 Downloads
Murray A Goldberg
The Determinants of U. S. Direct Investment in the E. E. C.: Reply pp. 700-04 Downloads
Anthony E Scaperlanda and Laurence Jay Mauer
Monopoly Output Under Alternative Spatial Pricing Techniques pp. 705-13 Downloads
M L Greenhut and Hiroshi Ohta
Job Search, the Duration of Unemployment, and the Phillips Curve: Comment pp. 714-17 Downloads
Paul Gayer and Robert Goldfarb
Job Search, the Duration of Unemployment, and the Phillips Curve: Reply pp. 718-19 Downloads
Dale Mortensen
Production Indeterminacy with Three Goods and Two Factors: Rejoinder pp. 720-22 Downloads
Douglas B Stewart
Production Indeterminacy with Three Goods and Two Factors: The Last Word? pp. 723
James Melvin
An Analysis of Turning Point Forecasts pp. 724-29 Downloads
H O Stekler
The Permanent Income Hypothesis: Evidence from Time-Series Data pp. 730-34 Downloads
Prem S Laumas and Khan A Mohabbat
The Incidence of the Social Security Payroll Tax: Comment pp. 735-38 Downloads
Martin Feldstein
The Incidence of the Social Security Payroll Tax: Reply pp. 739-42 Downloads
John A Brittain
Decision Rules for Effective Protection in Less Developed Economies pp. 743-46 Downloads
Trent J Bertrand
Substitution, Complementarity, and the Residual Variation: Some Further Results pp. 747-51 Downloads
Louis Phlips and Philippe Rouzier
Schooling and Earnings of Low Achievers: Comment pp. 752-54 Downloads
Barry Chiswick
Schooling and Earnings of Low Achievers: Comment pp. 755-59 Downloads
Stanley Masters and Thomas I Ribich
Schooling and Earnings of Low Achievers: Reply pp. 760-62 Downloads
W Lee Hansen, Burton A Weisbrod and William J Scanlon

Volume 62, issue 3, 1972

Maximum Principles in Analytical Economics pp. 249-62 Downloads
Paul A Samuelson
Housing Market Discrimination, Homeownership, and Savings Behavior pp. 263-77 Downloads
John Kain and John Quigley
Theory of the Firm Facing Uncertain Demand pp. 278-91 Downloads
Hayne Leland
The Administered-Price Thesis Reconfirmed pp. 292-306 Downloads
Gardiner C Means
On Taxation and the Control of Externalities pp. 307-22 Downloads
William Baumol
The Effects of Minimum Wages on the Distribution of Changes in Aggregate Employment pp. 323-32 Downloads
Marvin Kosters and Finis Welch
Implications of the Theory of Rationing for Consumer Choice Under Uncertainty pp. 333-43 Downloads
Peter Diamond and Menahem Yaari
Life Cycle Saving: Theory and Fact pp. 344-53
Keizo Nagatani
The Rationale of the Mean-Standard Deviation Analysis, Skewness Preference, and the Demand for Money pp. 354-71 Downloads
S C Tsiang
Black Education, Earnings, and Interregional Migration: Some New Evidence pp. 372-83 Downloads
Leonard W Weiss and Jeffrey Williamson
Incentive Contracts and Competitive Bidding pp. 384-94
David P Baron
Price Discrimination by Regulated Motor Carriers pp. 395-402 Downloads
Josephine E Olson
The Dynamics of Firm Behavior Under Alternative Cost Structures pp. 403-13
George A Hay
Urban Poverty and Labor Force Participation: Note pp. 414-21 Downloads
Larry Sawers
Nordhaus' Theory of Optimal Patent Life: A Geometric Reinterpretation pp. 422-27
F M Scherer
The Optimum Life on a Patent: Reply pp. 428-31 Downloads
William Nordhaus
A Simple Approach to Existence and Uniqueness of Competitive Equilibria pp. 432-37 Downloads
Donald W Katzner
Stochastic Dominance vs. Mean-Variance Portfolio Analysis: An Empirical Evaluation pp. 438-46 Downloads
R Burr Porter and Jabk E Gaumnitz
Commodity Price Equalization: A Note on Factor Mobility and Trade pp. 442-76
Frank Flatters
On Progression and Leisure pp. 447-50 Downloads
M G Allingham
Peasants, Procreation, and Pensions: Comment pp. 451s
Marianne Abeles Ferber
Peasants, Procreation, and Pensions: Reply pp. 452
Philip A Neher
Upward Sloping Demand Curves Without the Giffen Paradox pp. 453-58 Downloads
Daniel C Vandermeulen
Determinants of the Commodity Structure of U. S. Trade: Comment pp. 459-64 Downloads
Lawrence Weiser and Keith Jay
Determinants of the Commodity Structure of U. S. Trade: Reply pp. 465
Robert Baldwin
Unions and Relative Real Wages pp. 466-72 Downloads
Michael J Boskin
A Theory and Test of Credit Rationing: Some Generalizations pp. 477-83 Downloads
Vernon L Smith
A Theory and Test of Credit Rationing: Further Notes pp. 484-88 Downloads
Dwight M Jaffee
Distributional Equality and Aggregate Utility: Further Comments pp. 497-500 Downloads
Roger McCain
Distributional Equality and Aggregate Utility: Reply pp. 501-02 Downloads
William Breit and Culbertson, William Patton,

Volume 62, issue 2, 1972

The Second Crisis of Economic Theory pp. 1-10
Joan Robinson
Have Monetary Policies Failed? pp. 11-18 Downloads
Milton Friedman
Have Fiscal and Monetary Policies Failed? pp. 19-23
John G Gurley
Have Fiscal and/or Monetary Policies Failed? pp. 24-30 Downloads
Arthur M Okun
Viewing Minority Economic Development as a Problem in Political Economy pp. 31-38 Downloads
William K Tabb
The Economic Case for Reparations to Black America pp. 39-46 Downloads
Robert S Browne
The Basic Behavior of Regulatory Commissions pp. 47-54 Downloads
George W Hilton
Inherent Advantages Under Regulation pp. 55-61 Downloads
Roy J Sampson
What's Wrong with the Arts Is What's Wrong with Society pp. 62-69 Downloads
Tibor Scitovsky
Unions and the Arts pp. 70-77 Downloads
Hyman R Faine
Public Transportation: Wish Fulfillment and Reality in the San Francisco Bay Area pp. 78-86 Downloads
Leonard Merewitz
An Econometric Simulation Model of Intra-Metropolitan Housing Location: Housing, Business, Transportation and Local Government pp. 87-97
Engle, Robert F, III, et al
An Econometric Simulation Model of Intra-Metropolitan Housing Location: Housing, Business, Transportation and Local Government: Discussion pp. 98-99 Downloads
Richard F Muth
An Econometric Simulation Model of Intra-Metropolitan Housing Location: Housing, Business, Transportation and Local Government: Discussion pp. 99-102
David Bradford
Is the Corporate Economy a Corporate State? pp. 103-15 Downloads
Robin Marris
The Keynesians and Government Policy, 1933-1939 pp. 116-24 Downloads
Alan R Sweezy
The Role of Keynesians in Wartime Policy and Postwar Planning, 1940-1946 pp. 125-33 Downloads
Byrd L Jones
The Keynesian Revolution and Its Pioneers: Discussion pp. 134-38 Downloads
Leon H Keyserling
The Keynesian Revolution and Its Pioneers: Discussion pp. 138-39
Robert R Nathan
The Keynesian Revolution and Its Pioneers: Discussion pp. 139-41 Downloads
Lauchlin B Currie
Academic Wisdom and Union Reality pp. 142-48
Robert Lekachman
The Working Class Experience pp. 149-53
Brendan Sexton
Economists and the Trade Union Movement: Discussion pp. 154-56 Downloads
Myra H Strober
Discrimination Against Women, Occupational Segregation, and the Relative Wage pp. 157-60 Downloads
Harriet Zellner
"Women's Place" in the Labor Market pp. 161-66
Francine Blau
Is the Household Obsolete? pp. 167-74 Downloads
Charlotte Phelps
What Economic Equality for Women Requires: Discussion pp. 175-76
Steven H Sandell
The Contradictions of the Green Revolution pp. 177-86
Harry Cleaver
Capitalism and Poverty in America: Paradox or Contradiction? pp. 187-94 Downloads
Howard M Wachtel
Is the South Still a Backward Region, and Why? pp. 195-203 Downloads
M I Foster
Some Rural Economic Development Problems in the South pp. 204-11 Downloads
Ray Marshall
The Economic Consequences of the Stock Market pp. 212-19 Downloads
Irwin Friend
Impact of the Stock Market on Private Demand pp. 220-28 Downloads
Robert Rasche
The Stock Market and the Economy: Discussion pp. 229-33 Downloads
Franco Modigliani
Incomes Policy and Inflation: Some Further Reflections pp. 234-41
Gottfried Haberler
Cost-Push and Some Policy Alternatives pp. 242-50 Downloads
Lloyd Ulman
A Wage-Price Freeze as an Instrument of Incomes Policy: Or the Blizzard of '71 pp. 251-57 Downloads
Arnold R Weber
The Economics and Politics of Consumer Sovereignty pp. 258-66 Downloads
Abba P Lerner
Consumer Behavior and the Concept of Sovereignty: Explanations of Social Decay pp. 267-78 Downloads
Herbert Gintis
The Military-Industrial Complex: A Market Structure Analysis pp. 279-87 Downloads
Walter Adams and William Adams
MIRVing the Boondoggle: Contracts, Subsidy, and Welfare in the Aerospace Industry pp. 288-95 Downloads
Richard F Kaufman
Does the U.S. Economy Require Military Spending? pp. 296-303 Downloads
Michael Reich
The Political Economy of Weapons Procurement: The Follow-On Imperative pp. 304-11 Downloads
James R Kurth
Ten Propositions on the War Economy pp. 312-18 Downloads
Seymour Melman
Taxation of the Poor and the Normative Theory of Tax Incidence pp. 319-28 Downloads
David M Gordon
The Taxation of Wealth and the Wealthy pp. 329-30 Downloads
Earl A Thompson
Taxation of the Poor and the Rich: Discussion pp. 331-32 Downloads
Robert J Lampman
Taxation of the Poor and the Rich: Discussion pp. 332-34
Henry Aaron
The Current State of Money and Production Theory pp. 335-43 Downloads
John Moroney
The Political Economy of Money: Evolution and Impact of Monetarism in the Federal Reserve System pp. 344-52
Andrew F Brimmer
Individual Preferences and Distributional Adjustments pp. 353-60 Downloads
Harold M Hochman
Long-Term Changes in Personal Income Distribution: Theoretical Approaches, Evidence, and Explanations pp. 361-62 Downloads
T Paul Schultz
Occupational Discrimination as a pp. 363-72 Downloads
Duran Bell
Economists Consider Economic Reporters and Vice Versa: Introductory Comments pp. 373-75 Downloads
Walter W Heller
Truth vs. Partisan Political Purpose pp. 376-78 Downloads
Leonard S Silk
Communications Gap Narrows but Persists pp. 379-80 Downloads
John R Meyer
Economists and Reporters: A Combination to Promote/Restrain Trade pp. 381-83 Downloads
Bernard D Nossiter
Economists and the Press-A Progress Report pp. 384-86
Henry C Wallich
Friends with Points of Friction and Misunderstanding pp. 387-88 Downloads
Richard F Janssen
Economists and Economic Reporters pp. 389-90 Downloads
John A Schnittker
Brazilian Size Distribution of Income pp. 391-402 Downloads
Albert Fishlow
Farm Size Distribution, Income Distribution, and the Efficiency of Agricultural Production: Colombia pp. 403-08
R Albert Berry
Economic Theory and Society: A Plea for Process Analysis pp. 409-15 Downloads
Craufurd Goodwin
The Early Economics of Keynes pp. 416-21 Downloads
Harry G Johnson
TIPS and Technical Change in Classroom Instruction pp. 422-28
Allen C Kelley
Some Modern Myths in Teaching Economics: The U. K. Experience pp. 429-33 Downloads
Richard Attiyeh and Keith G Lumsden
Teaching Radical Political Economics in the Introductory Course pp. 434-38 Downloads
Michael Zweig
The American Economy in the Year 2000 pp. 439-43 Downloads
Lester Thurow
Long-Term Planning and Forecasting in the USSR pp. 444-55 Downloads
T S Khachaturov
Luncheon in Honor of Gunnar and Alva Myrdal: Response to Introduction pp. 456-62 Downloads
Gunnar Myrdal

Volume 62, issue 1, 1972

Inflation and Unemployment pp. 1-18
James Tobin
Private and Social Rates of Return to Education of Academicians pp. 19-31
Duncan Bailey and Charles Schotta
Distributional Equity and the Optimal Structure of Public Prices pp. 32-36 Downloads
Martin Feldstein
The Industrial Composition of U. S. Exports and Subsidiary Sales to the Canadian Market pp. 37-45 Downloads
Thomas Horst
The Process Analysis Alternative to Statistical Cost Functions: An Application to Petroleum Refining pp. 46-56 Downloads
James M Griffin
Optimal Economic Policy and the Problem of Instrument Instability pp. 57-65 Downloads
Robert S Holbrook
Default Risk, Scale, and the Homemade Leverage Theorem pp. 66-76 Downloads
Vernon L Smith
The Creation of Risk Aversion by Imperfect Capital Markets pp. 77-86 Downloads
Robert Tempest Masson
Production, Trade, and Protection When There are Many Commodities and Two Factors pp. 87-106
William P Travis
Experimental Evidence on Alternative Portfolio Decision Rules pp. 107-18 Downloads
Myron J Gordon, G E Paradis and C H Rorke
Social Returns to Public Information Services: Statistical Reporting of U. S. Farm Commodities pp. 119-30 Downloads
Yujiro Hayami and Willis Peterson
Welfare Economics and Welfare Reform pp. 131-38 Downloads
George Daly and J. Giertz
A 'One Line' Proof of the Slutsky Equation pp. 139
Philip J Cook
A Geometric Treatment of Averch-Johnson's Behavior of the Firm Model: Comment pp. 140-41 Downloads
Robert J Stonebraker
A Geometric Treatment of Averch-Johnson's Behavior of the Firm Model: Reply pp. 142
E E Zajac
Security Pricing and Investment Criteria in Competitive Markets: Comment pp. 143-46 Downloads
Prem Kumar
Security Pricing and Investment Criteria in Competitive Markets: Reply pp. 147-48 Downloads
Jan Mossin
Macroeconomics of Unbalanced Growth: Comment pp. 149
Michael Keren
Macroeconomics of Unbalanced Growth: Reply pp. 150
William Baumol
Allais' Restatement of the Quantity Theory of Money: Note pp. 151-54 Downloads
J L Scadding
The Phillips Curve and the Distribution of Unemployment pp. 155-60 Downloads
A G Hines
Uncertainty and the Evaluation of Public Investment Decisions: Comment pp. 161-64
E J Mishan
Uncertainty and the Evaluation of Public Investment Decisions: Comment pp. 165-67 Downloads
Roland N McKean and John H Moore
Uncertainty and the Evaluation of Public Investment Decisions: Comment pp. 168-69 Downloads
Alan Nichols
Uncertainty and the Evaluation of Public Investment Decisions: Comment pp. 170
Donald Wellington
Uncertainty and the Evaluation of Public Investment Decisions: Reply pp. 171-72 Downloads
Kenneth Arrow and Robert C Lind
Optimal Taxes and Pricing: Comment pp. 173-74 Downloads
Yew-Kwang Ng
Optimal Taxes and Pricing: Reply pp. 175-76
David Bradford and William Baumol
The Role of Money in a Simple Growth Model: Comment pp. 177-79
Jon Harkness
The Role of Money in a Simple Growth Model: Comment pp. 180-84 Downloads
R Ramanathan
The Role of Money in a Simple Growth Model: Reply pp. 185
David Levhari and Don Patinkin
A Note on Pollution Prices in a General Equilibrium Model pp. 186-92 Downloads
Larry E Ruff
'Fixed Costs' and the Competitive Firm Under Price Uncertainty: Comment pp. 193
Irwin Bernhardt
'Fixed Costs' and the Competitive Firm Under Price Uncertainty: Reply pp. 194-95 Downloads
Agnar Sandmo
Separability and Complementarity pp. 196-97 Downloads
Eugene Silberberg
Money Illusion and the Aggregate Consumption Function: Comment pp. 198-206 Downloads
Alex Cukierman
Money Illusion and the Aggregate Consumption Function: Reply pp. 207-10 Downloads
William Branson and Alvin K Klevorick
Do Blacks Save More? pp. 211-16 Downloads
Marjorie Galenson
On Measuring the Nearness of Near-Moneys: Comment pp. 217-20 Downloads
Tong Hun Lee
On Measuring the Nearness of Near-Moneys: Comment pp. 221-25 Downloads
Larry Steinhauer and John Chang
On Measuring the Nearness of Near-Moneys: Reply pp. 226-29 Downloads
V K Chetty
Lags in the Effects of Monetary Policy: Comment pp. 230-33 Downloads
Paul E Smith
Lags in the Effects of Monetary Policy: Reply and Some Further Thoughts pp. 234-37
J Ernest Tanner
Page updated 2025-03-29