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 84, issue 4, 1970

The Effects of Unionization on the Distribution of Income: A General Equilibrium Approach pp. 539-561

Harry G. Johnson and Peter Mieszkowski

Korean Rice, Taiwan Rice, and Japanese Agricultural Stagnation: An Economic Consequence of Colonialism pp. 562-589

Yujiro Hayami and Vernon Ruttan

The Impact of the Tariff on Some Selected Products of the U.S. Iron and Steel Industry, 1870–1914 pp. 590-610

V. Sundararajan

Products Liability: Implications of Some Changing Property Rights pp. 611-626

Roland N. McKean

Market Structure and Technological Progress: The Influence of Monopoly on Product Innovation pp. 627-638

Peter Swan

The Use of Multivariate Analysis in Development Theory: A Critique of the Approach Adopted by Adelman and Morris pp. 639-647

A. C. Rayner

Factor Analysis and Gross National Product: A Comment pp. 648-650

Oscar T. Brookins

Factor Analysis and Gross National Product: A Reply pp. 651-662

Irma Adelman and Cynthia Taft Morris

A Theory of Conglomerate Mergers: Comment and Extension pp. 663-667

Dennis E. Logue and Philippe A. Naert

A Theory of Conglomerate Mergers: Comment pp. 668-673

David R. Kamerschen

A Theory of Conglomerate Mergers: Reply pp. 674-679

Dennis C. Mueller

Multiperiod Expectations and the Term Structure of Interest Rates: Comment pp. 680-687

Rainer S. Masera

Security, Default Allowances, and Risk Preference pp. 688-695

John F. Chant

A Note on the Solution of Qualitative Comparative Static Problems pp. 696-698

Joseph E. Burns and Peter Formuzis

The Stagnation of Brazil's Exports: A Comment pp. 699-704

Thomas C. Lowinger

A Note on Zeckhauser's "Majority Rule with Lotteries on Alternatives": The Case of the Paradox of Voting pp. 705-709

Kenneth A. Shepsle

Ranking of Tariffs Under Monopoly Power in Trade: An Extension pp. 710-712

John G. Riley

Volume 84, issue 3, 1970

External Economies of Scale and Competitive Equilibrium pp. 347-385

John Chipman

Firm Size and Research Activity: France and the United States pp. 386-409

William Adams

Multiperiod Decision Models with Alternating Choice as a Solution to the Duopoly Problem pp. 410-429

R. M. Cyert and M. H. DeGroot

More on the Social Rate of Discount pp. 430-450

J. A. Seagraves

Corporate Financial Theory Under Uncertainty pp. 451-471

Vernon L. Smith

Friedman-Savage Utility Functions Consistent with Risk Aversion pp. 472-487

Nils H. Hakansson

The Market for "Lemons": Quality Uncertainty and the Market Mechanism pp. 488-500

George Akerlof

Wage Bargains, Threshold Effects, and the Phillips Curve pp. 501-517

Daniel S. Hamermesh

The Relationship Between Firm Size and Factor Price pp. 518-522

Lowell R. Bassett and Thomas E. Borcherding

Deposit Demand and the Pricing of Demand Deposits pp. 523-529

Bruce C. Cohen

Switching of Techniques and Consumption Per Head pp. 530-532

S. A. Ozga

Switching of Techniques and Consumption Per Head: An Economic Clarification pp. 533-535

Michael Bruno, Edwin Burmeister and Eytan Sheshinski

Volume 84, issue 2, 1970

A Mean-Variance Analysis of United States Long-Term Portfolio Foreign Investment pp. 175-196

Norman C. Miller and Marina v. N. Whitman

Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model pp. 197-216

William Poole

Demand Shifting, Optimal Firm Growth, and Rule-of-Thumb Decision Making pp. 217-235

Henry G. Grabowski

Incentive Pricing and Utility Regulation pp. 236-253

John G. Cross

Tax Incidence, Macroeconomic Policy, and Absolute Prices pp. 254-267

Charles E. McLure

Price Discrimination and Product Differentiation in Economic Theory: An Early Analysis pp. 268-278

Robert Ekelund

Tastes, Trade, and the Comparison of Structural Interdependence pp. 279-287

Ephraim Kleiman

The Lag in the Effect of Monetary Policy on Income and Interest Rates pp. 288-300

William E. Gibson

Money and Income: Post Hoc Ergo Propter Hoc? pp. 301-317

James Tobin

Comment on Tobin pp. 318-327

Milton Friedman

Rejoinder pp. 328-329

James Tobin

Traditional Welfare Norms for Specific Taxes pp. 330-336

Charles J. Goetz

Professor Samuelson on Free Enterprise and Economic Inefficiency: A Comment pp. 337-340

H. Stephen Grace

Professor Samuelson on Free Enterprise and Economic Inefficiency: Reply pp. 341-345

Paul A. Samuelson

Volume 84, issue 1, 1970

Excess Demand, Unemployment, Vacancies, and Wages pp. 1-23

Bent Hansen

Growth Strategies in Semi-Industrial Countries pp. 24-47

Bela Balassa

The Role of Demand and Investment in Long-Term Growth pp. 48-69

John Cornwall

Poverty, Education, and Unbalanced Economic Growth pp. 70-84

Peter S. Albin

The Theory of Price Determination in Government-Industry Relationships pp. 85-99

A. M. Agapos and Paul R. Dunlap

A Note on Marshallian Process Under Increasing Returns pp. 100-112

Masahiko Aoki

Economics of Information and Job Search pp. 113-126

J. J. McCall

On Embodiment and Savings pp. 127-133

Anthony Atkinson

Growth Paths in the Solow Neoclassical Growth Model pp. 134-139

Alan V. Deardorff

Adjustment Costs and the Flexible Accelerator pp. 140-143

George A. Hay

Solow and Stiglitz on Employment and Distribution: A New Romance with an Old Model? pp. 144-152

Sidney Weintraub

Reply pp. 153

Robert Solow and Joseph Stiglitz

Substitution and Supply Elasticities in Calculating the Effective Protective Rate: Comment pp. 154-157

G. Donald Wood

Reply pp. 158-160

James Leith

Stochastic Stability of Short-Run Market Equilibrium: Comment pp. 161-167

E. Roy Weintraub

A Note on the Relative Income of Nonwhite Men 1948–1964 pp. 168-172

David W. Rasmussen