Economica

1958 - 2025

Current editor(s): Frank Cowell, Tore Ellingsen and Alan Manning

From London School of Economics and Political Science
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Volume 65, month 11, 1998

Extortion pp. 461-477

Kai I. Konrad and Stergios Skaperdas

Optimal Law Enforcement and Imperfect Information when Wealth Varies among Individuals pp. 479-490

Nuno Garoupa

Efficient Ways to Finance Human Capital Investments pp. 491-505

Espen R. Moen

Collective Bargaining and the Interindustry Wage Structure: International Evidence pp. 507-534

Lawrence Kahn

An Econometric Model of Farm Tenures in Fifteenth‐Century Florence pp. 535-556

S. Pudney, F.L. Galassi and F. Mealli

Private Income Transfers and Market Incentives pp. 557-580

Ralph Chami

Testing Different Stochastic Specificationsof Risky Choice pp. 581-598

Graham Loomes and Robert Sugden

What’s Mine is Yours? The Influence of Male and Female Incomes on Patterns of Household Expenditure pp. 599-613

Shelley A. Phipps and Peter S. Burton

Volume 65, month 08, 1998

Innovation Races, Strategic Externalities and Endogenous Growth pp. 303-325

Louis Corriveau

Designing Monetary Policy when Unemployment Persists pp. 327-345

Ben Lockwood, Marcus Miller and Lei Zhang

Testing Alternative Explanations of Cyclical Choices pp. 347-361

Chris Starmer and Robert Sugden

Changes in the Distribution of Housing Wealth in Great Britain, 1985‐91 pp. 363-380

Andrew Henley

Dynamic Stability and International Trade under Uncertainty pp. 381-399

Nancy Chau

Risk, Optimal Government Finance and Monetary Policies in a Growing Economy pp. 401-427

Earl L. Grinols and Stephen J Turnovsky

The Microeconomic Analysis of the External Costs of Road Accidents pp. 429-440

John Peirson, Ian Skinner and Roger Vickerman

Risk Aversion, Foreign Exchange Speculation and Gambler’s Ruin pp. 441-453

John Carlson

Volume 65, month 05, 1998

Stable Multilateral Trade Agreements pp. 161-177

Inés Macho‐Stadler, David Pérez‐Castrillo and Clara Ponsati

Tagging and Taxing: The Optimal Use of Categorical and Income Information in Designing Tax/Transfer Schemes pp. 179-192

Ritva Immonen, Ravi Kanbur, Michael Keen and Matti Tuomala

Defense Spending in a Neo‐Ricardian World pp. 193-210

Carlos Seiglie

Modelling Business Cycle Nonlinearity in Conditional Mean and Conditional Variance: Some International and Sectoral Evidence pp. 211-229

David Peel and A. E. H. Speight

Monetary Integration, Uncertainty and the Role of Money Finance pp. 231-245

Graham Voss

Risk and Revelation: Changing the Value of Information pp. 247-261

Anthony Creane

Primary Schooling, Cognitive Skills and Wages in South Africa pp. 263-284

Peter G. Moll

The Relative Burden of Monopoly on Households with Different Incomes pp. 285-293

John Creedy and Robert Dixon

Volume 65, month 02, 1998

Why Are the Unemployed So Unhappy?Evidence from Panel Data pp. 1-15

Liliana Winkelmann and Rainer Winkelmann

Why Have Some Indian States Done Better than Others at Reducing Rural Poverty? pp. 17-38

Gaurav Datt and Martin Ravallion

A Decade of Tax and Benefit Reforms in Sweden: Effects on Labour Supply, Welfare and Inequality pp. 39-67

Thomas Aronsson and Mårten Palme

Are Real Wages and Unemployment Related? pp. 69-96

Tor Jacobson, Anders Vredin and Anders Warne

Sunk Costs and the Inefficiency of Relationship‐Specific Investment pp. 97-106

Abhinay Muthoo

A Theory of Growth, Financial Development and Trade pp. 107-124

Keith Blackburn and Victor T. Y. Hung

Empirical Tests of Efficiency Wage Models pp. 125-143

Tzu‐Ling Huang, Arnems Hallam, Peter F. Orazem and Eizabeth M. Paterno

A Dynamic Model of Union Membership and Employment: A Comment pp. 145-151

Juin‐Jen Chang, Ching‐Chong Lai and Wen‐Ya Chang

Volume 64, month 11, 1997

Modelling British Interest Rate Adjustment: An Error Correction Approach pp. 211-231

Shelagh A. Hefferman

Fiat Money and Quality Uncertainty pp. 547-565

Urs Haegler

On the Neutrality of Inside and Outside Money pp. 567-586

Philip N. Jefferson

Technical Change and Earnings in British Establishments pp. 587-604

Lucy Chennells and John Van Reenan

Generational Accounts, Aggregate Saving and Intergenerational Distribution pp. 605-626

Willem Buiter

The Economic Determinants of Young People's Household Formation pp. 627-644

John Ermisch and Pamela Di Salvo

Inventories and Strikes pp. 645-667

Simon Clark

Bargaining Frictions, Bargaining Procedures and Implied Costs in Multiple‐Issue Bargaining pp. 669-680

Lutz‐Alexander Busch and Ignatius J. Horstmann

Imprecise Preferences and Survey Design in Contingent Valuation pp. 681-702

Dubourg, Jones‐Lee and Graham Loomes

Volume 64, month 08, 1997

Sen’s Theorem and Externalities pp. 375-386

Donald E. Campbell and Jerry S. Kelly

Modelling the Transition from School and the Demand for Training in the United Kingdom pp. 387-413

Martyn Andrews and Steve Bradley

Inequality in Five Countries in the 1980s: The Role of Demographic Shifts, Markets and Government Policies pp. 415-440

Markus Jätti

Does Growth Vary over the Business Cycle? Some Evidence from the G7 Countries pp. 441-460

Zenon G. Kontolemis

The Nature of Shocks in Europe and in Germany pp. 461-469

Michael Funke

Induced Preferences, Dynamic Consistency and Dutch Books pp. 471-481

David Kelsey and Frank Milne

Population Increase and the End of Colonialism pp. 483-493

Herschel I. Grossman and Murat F. Iyigun

Inflation and Growth in an Open Economy pp. 509-518

Tapio Palokangas

Domestic Taxes and the External Debt Laffer Curve pp. 519-525

Aasim M. Husain

The ‘Unnatural and Retrograde Order’: Adam Smith’s Theories of Trade and Development Reconsidered pp. 527-537

Robert Blecker

Volume 64, month 05, 1997

Separation and Hedging Results with State‐Contingent Production pp. 187-209

Robert G. James and John Quiggan

Social Welfare when Needs Differ: An Axiomatic Approach pp. 233-244

Udo Edbert

Measuring Poverty Changes with Bounded Equivalence Scales: Australia in the 1980s pp. 245-264

Bruce Bradbury

Imitative Competition and Product Innovation in a Duopoly Model pp. 265-279

Lynn Peppal

A Tale of Two Collectives: Sulphur versus Nitrogen Oxides Emission Reduction in Europe pp. 281-301

James C. Murdoch, Todd Sandler and Keith Sargent

Cash Flows and Debt Maturity pp. 303-316

Gautam Goswami, Michael Rebello and Thomas Noe

Big‐Bank Mergers in Europe: An Analysis of the Cost Implications pp. 317-329

Yener Altunbarş, Philip Molyneux and John Thornton

Formal Credit, Corruption and the Informal Credit Market in Agriculture: a Theoretical Analysis pp. 331-343

Manash Ranjan Gupta and Sarbajit Chaudhuri

The Possibility of Welfare Gains with Capital Inflows in a Small Tariff‐Ridden Economy pp. 345-352

Partha Sen, Arghya Ghosh and Abheek Barman

Foreign Capital and the Informal Sector: Comments on Chandra and Khan pp. 353-363

Manash Ranjan Gupta

Volume 64, month 02, 1997

Growth, Capital Accumulation and Foreign Debt pp. 1-13

Ross Milbourne

Variable Costs and the Visible Hand: the Re‐Regulation of Electricity Supply, 1932–37 pp. 15-30

James S. Foreman‐Peck and Christopher J. Hammond

Irreversible Investment and Strategic Interaction pp. 31-47

Antonio Fatas and Andrew Metrick

Macroeconomic Implications of Cash Limits in the Public Sector pp. 49-62

Bertil Holmlund

Innovation, Foreign Direct Investment and Growth pp. 63-79

Uwe Walz

Estimating and Testing a Model of Welfare Participation: the Case of Supplementary Benefits in Britain pp. 81-100

Jean‐Yves Duclos

The Distribution of Income in the Presence of Appropriative Activities pp. 101-1117

Stergios Skaperdas and Constantinos Syropoulos

Family Characteristics and the Returns to Schooling: Evidence on Gender Differences from a Sample of Australian Twins pp. 119-136

Paul Miller, Charles Mulvey and Nick Martin

Durable‐Goods Monopoly, Increasing Marginal Cost and Depreciation pp. 137-154

Robert Driskill

The Trade‐off Interpretation of Phillips’s Dynamic Stabilization Exercise pp. 155-171

Robert Leeson

Aggregate Homothetic Separability pp. 173-177

Robert G. Chambers