The Quarterly Journal of Economics

1886 - 2025

Current editor(s): Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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Volume 94, issue 4, 1980

Efficiency and Decentralization in the Pure Theory of Public Goods pp. 625-641

Andreu Mas-Colell

The Exit-Voice Tradeoff in the Labor Market: Unionism, Job Tenure, Quits, and Separations pp. 643-673

Richard Freeman

Schumpeterian Competition pp. 675-695

Carl A. Futia

The Product Cycle and New England Textiles pp. 697-717

John S. Hekman

Efficient Incentive Contracts pp. 719-730

Martin Weitzman

Wages, Flexible Exchange Rates, and Macroeconomic Policy pp. 731-747

Jeffrey Sachs

A Theory of Social Custom, of which Unemployment may be One Consequence pp. 749-775

George Akerlof

The Effects of Taxation on the Selling of Corporate Stock and the Realization of Capital Gains pp. 777-791

Martin Feldstein, Joel Slemrod and Shlomo Yitzhaki

A Note on the Optimal Taxation of International Investment Income pp. 793-798

Thomas Horst

Anomaly and Stability in the Theory of Externalities pp. 799-807

Agnar Sandmo

Bowley's Analysis of Bilateral Monopoly and Sen's Liberal Paradox in Collective Choice Theory: A Note pp. 809-812

John Fountain

Quasi-Option Value and the Expected Value of Information pp. 813-820

Jon M. Conrad

Volume 94, issue 3, 1980

Systematic Risk and the Theory of the Firm pp. 437-451

Marti G. Subrahmanyam and Stavros B. Thomadakis

Adverse Selection by Markets and the Advantage of Being Late pp. 453-466

J. Luis Guasch and Andrew Weiss

Keynes's "Finance" Demand for Liquidity, Robertson's Loanable Funds Theory, and Friedman's Monetarism pp. 467-491

S. C. Tsiang

A Rehabilitation of the Principle of Insufficient Reason pp. 493-506

Hans-Werner Sinn

Exports in an Imperfect Competition Framework: An Analysis of 1,446 Exporters pp. 507-524

Herbert Glejser, Alexis Jacquemin and Jean Petit

Intertemporal Price Discrimination and Sticky Prices pp. 525-542

Louis Phlips

Stockholder Unanimity in Making Production and Financial Decisions pp. 543-566

Sanford Grossman and Joseph Stiglitz

The Effect of Shifting Wealth Ownership on the Term Structure of Interest Rates: The Case of Pensions pp. 567-590

Benjamin M. Friedman

The Term Structure of Interest Rates and the Demand for Investment pp. 591-607

Richard C. Hartman

A Theory of Job Shopping: A Bayesian Perspective pp. 609-614

W Viscusi

Welfare Aspects of International Trade in Goods and Securities: An Addendum pp. 615-618

Elhanan Helpman and Assaf Razin

An Empirical Note on the Tiebout-Tullock Hypothesis: Comment pp. 619-623

Stephen M. Renas

Volume 94, issue 2, 1980

Employer-Employee Interaction and the Duration of Unemployment pp. 211-233

John Warner, J. Carl Poindexter and Robert M. Fearn

Takeovers, Shareholder Returns, and the Theory of the Firm pp. 235-260

Michael Firth

A Theory of Legislative Organization: Making the Most of Your Majority pp. 261-277

Arleen Leibowitz and Robert Tollison

Cooperative Farming in North China pp. 279-297

Dennis L. Chinn

Primogeniture, Equal Sharing, and the U.S. Distribution of Wealth pp. 299-316

Paul L. Menchik

Futures Markets and the Theory of the Firm under Price Uncertainty pp. 317-328

Gershon Feder, Richard Just and Andrew Schmitz

Spatial Pricing Patterns in the United States pp. 329-350

John Greenhut, M. L. Greenhut and Sheng-yung Li

Taxation and Corporate Financial Policy pp. 351-372

J. Gregory Ballentine and Charles E. McLure

The Economic Value of Changing Mortality Probabilities: A Decision-Theoretic Approach pp. 373-396

Milton C. Weinstein, Donald S. Shepard and Joseph S. Pliskin

Demand Growth, Profitability, and Entry pp. 397-411

Takeo Nakao

An Extension of the Composite Commodity Theorem: A Note pp. 413-415

John Fountain and Leslie Young

The Inflation-Adjusting Auctioneer: Comment on Obst pp. 417-421

Stephen Martin

Stabilization Policy: Response and Extension pp. 423-427

Norman P. Obst

Market Structure and Innovation: A Reformulation pp. 429-436

Tom Lee and Louis L. Wilde

Volume 94, issue 1, 1980

A Model of the London Coal Trade in the Eighteenth Century pp. 1-14

William J. Hausman

Trade Hedging and the Dynamic Stability of the Foreign Exchange Market pp. 15-30

Willard E. Witte

Neoclassical Theory and the Optimizing Peasant: An Econometric Analysis of Market Family Labor Supply in a Developing Country pp. 31-55

Mark Rosenzweig

Estimating the Economic Model of Crime With Individual Data pp. 57-84

Ann Dryden Witte

The Object Distribution Problem Revisited pp. 85-98

William Samuelson

Monopoly and the Intertemporal Production of a Durable Extractable Resource pp. 99-111

Marion B. Stewart

Equalizing Differences in the Labor Market pp. 113-134

Charles Brown

Price-Cost Margins and Successive Market Power pp. 135-150

Michael Waterson

The Determination of Optimum Buffer Stock Intervention Rules pp. 151-166

R. Edwards and C. P. Hallwood

Another Look at Liquidity Preference pp. 167-177

Henri R. Lorie

The Capital Market and Income Distribution in Yugoslavia: A Theoretical and Empirical Note pp. 179-184

Francisco Rivera-Batiz

Monopoly and the Distribution of Wealth: A Reappraisal pp. 185-194

Lacy Glenn Thomas

Monopoly and the Distribution of Wealth: Revisited pp. 195-198

William S. Comanor and Robert H. Smiley

Choosing an Operating Target for Monetary Policy pp. 199-203

Charles Sivesind and Kevin Hurley

Domestic Resource Costs, Effective Rates of Protection, and Project Analysis in Tariff-Distorted Economies pp. 205-209

Jagdish N. Bhagwati and T. N. Srinivasan