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 89, issue 4, 1975

Speculation and Equilibrium: Information, Risk, and Markets pp. 519-542

J. Hirshleifer

Mr. Sraffa's Standard Commodity and the Rate of Exploitation pp. 543-555

John Eatwell

The Gains from Trade: An Analysis of Steady-State Solutions in an Open Economy pp. 556-568

Trent J. Bertrand

The "New" Theory of Consumer Demand and Monopolistic Competition pp. 569-590

G. C. Archibald and G. Rosenbluth

The Impact of Monopoly Pricing on the Lerner Symmetry Theorem pp. 591-602

Edward John Ray

Intergenerational Wealth Transfers and the Educational Decisions of Male Youth pp. 603-617

Donald Parsons

Cooperative Control of International Pollution and Common Property Resources pp. 618-632

James Markusen

A Note on the Optimal Spacing Properties in a Simple Jevonian Model of Educational Investment pp. 633-642

Tsuneo Ishikawa

Smuggling and Economic Welfare: A Comment pp. 643-650

H. Peter Gray and Ingo Walter

A Theoretical Analysis of Smuggling: A Reply pp. 651-657

Jagdish N. Bhagwati and Bent Hansen

Proper Specification of the Cost Function: A Comment on Baumol's and on Morris' Transactions Demand for Cash pp. 658-659

H. Stephen Grace

The "Coase Theorem": A Reexamination—Comment pp. 660-661

Jeffrey F. Jaffe

Worker Management and the Modern Industrial Enterprise: A Note pp. 662-669

Alfred Steinherr and Henk Peer

Worker Management and the Modern Industrial Enterprise: A Reply pp. 670-672

Anthony Atkinson

Macro-Policy Goals in the Postwar Period: Comment pp. 673-676

Raford Boddy and James Crotty

Macro-Policy Goals in the Postwar Period: Reply pp. 677-678

Ann F. Fhiedlaender

Irving Fisher on "Switches of Techniques": A Historical Note pp. 679-680

K. Velupillai

Volume 89, issue 3, 1975

What is Wrong with Economic Theory pp. 347-357

Nicholas Kaldor

Resource Conservation, Environmental Preservation, and the Rate of Discount pp. 358-370

Anthony C. Fisher and John V. Krutilla

The Optimal Consumption of Depletable Natural Resources pp. 371-392

Milton C. Weinstein and Richard Zeckhauser

The Productivity of Cities pp. 393-413

Leo Sveikauskas

Toward a Neotechnology Theory of Comparative Costs pp. 414-431

Morris Teubal

The Capital Market and Income Distribution in Yugoslavia: A Theoretical and Empirical Analysis pp. 432-443

Jaroslav Vanek and Milena Jovicic

The Riskless Rate of Interest and the Market Price of Risk pp. 444-455

Alan C. Hess

Aggregation of Preferences pp. 456-469

Donald J. Brown

Spatial Equilibrium, the Theory of Rents, and the Measurement of Benefits from Public Programs: A Comment pp. 470-473

A. Myrick Freeman

Spatial Equilibrium, the Theory of Rents, and the Measurement of Benefits from Public Programs: Reply pp. 474-476

Robert C. Lind

Interdependent Utilities, Charity, and Pareto Optimality: Comment pp. 477-481

Albert L. Danielsen

Interdependent Utilities, Charity, and Pareto Optimality: A Reply pp. 482

Lawrence D. Schall

Latin American Trade Policies in the 1970's: A Comment pp. 483-486

Bela Balassa

Latin American Trade Policies in the 1970's: Reply pp. 487-489

Daniel M. Schydlowsky

Measurements of Static Welfare Losses, Distribution Inequities, and Revenues in the Brazilian Multiple Auction Exchange Rate System pp. 490-503

Donald L. Huddle

Optimal Aggregative Development of a Skilled Work Force pp. 504-511

R. Manning

On Continuous Utility: The Euclidean Distance Approach pp. 512-517

Errol Glustoff

Volume 89, issue 2, 1975

Monopoly and the Distribution of Wealth pp. 177-194

William S. Comanor and Robert H. Smiley

The Dynamics of International Capital Flows and Internal and External Balance pp. 195-214

S. C. Tsiang

Industry Differences in the Level of Discrimination Against Women pp. 215-229

Sharon M. Oster

Population: A Symposium: Introductory Notes pp. 230-235

Harvey Leibenstein

Population Growth and Affluence: The Fissioning of Human Society pp. 236-246

Harrison Brown

Some Economic Growth Problems and the Part Population Policy Plays pp. 247-256

Mark Perlman

The Impact of Population Growth on Agricultural Output pp. 257-270

Ester Boserup

Population Growth and Oil Resources pp. 271-275

M. A. Adelman

Appreciation pp. 276-279

Goran Ohlin

Commentary on Herbert Gintis, "A Radical Analysis of Welfare Economics and Individual Development" pp. 280-290

T. Parsons

Welfare Economics and Individual Development: A Reply to Talcott Parsons pp. 291-302

Herbert Gintis

Anticipated Inflation and the Nominal Rate of Interest: Further Results pp. 303-310

Ignazio Visco

Incentive Pricing and Utility Regulation: A Comment pp. 311-313

Thomas E. Kennedy

The Strength and Target-Seeking Characteristics of the Automatic Stabilizers pp. 314-321

Arnold H. Packer and Frank C. Ripley

Capital Accumulation, Labor Saving, and Labor Absorption Once More, Once More pp. 322-330

Gary R. Saxonhouse

Traded and Nontraded Intermediate Inputs and Some Aspects of the Pure Theory of International Trade pp. 331-340

Alok Ray

The Badly Behaved Production Function: A Further Comment pp. 341-343

Gregory J. L. Yi

Two-Class Neoclassical Growth — A Conjecture Proved pp. 344-345

Nicholas Rau

Volume 89, issue 1, 1975

The Economic Theory of Fertility Decline pp. 1-31

Harvey Leibenstein

The Unimportance of Reswitching pp. 32-39

Joan Robinson

Steady-State and Transient Relations: A Reply on Reswitching pp. 40-47

Paul A. Samuelson

Brief Comments pp. 48-52

Robert Solow

Beswitching: Reply pp. 53-55

Joan Robinson

A Disequilibrium Macroeconomic Model pp. 56-80

Panayotis G. Korliras

Monetary Policy in an Inside-Money, Open Economy pp. 81-102

Donald J. Mathieson

Capital Heterogeneity, Aggregation, and the Two-Sector Model pp. 103-114

Paul Zarembka

Pricing and Timing Decisions in Oligopoly Industries pp. 115-137

Stephen Ross and Michael L. Wachter

A Note on the Progressivity of Optimal Public Expenditures pp. 138-144

Jerry R. Green and Eytan Sheshinski

A Permanent Income Approach to the Growth of Income by Sectors in a Leontief Economy pp. 145-150

David Tarr

A Note on Capital Gains Exemption and Risk Taking pp. 151-153

Syed Ahsan

User Cost and the Preference Function pp. 154-156

R. W. Latham and David Peel

The Role of Expected Value Analysis for Speculative Decisions in the Forward Currency Market pp. 157-169

Don E. Roper

Operational Aspects of the Siegel Paradox pp. 170-172

J. Huston McCulloch

Reply — Risk, Interest Rates, and the Forward Exchange pp. 173-175

Jeremy Siegel