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 76, issue 4, 1962

Development Policies for Southern Italy pp. 515-547

Hollis B. Chenery

The New View of Investment: A Neoclassical Analysis pp. 548-567

Edmund Phelps

Agricultural Aid and Economic Development: The Case of Israel pp. 568-591

Alfred Kahn

Short-run Efficiency and the Organization of the Electric Power Industry pp. 592-612

William R. Hughes

The Restoration of Pure Monopoly and the Concept of the Industry pp. 613-631

Mancur Olson and David McFarland

Style Change Costs as a Market Weapon pp. 632-647

John A. Menge

The Stationary State and the Technological Superiority of Present Goods pp. 648-652

Robert E. Kuenne

Schumpeter's Theory of Economic Development and Underdeveloped Countries pp. 653-659

Prem Singh Laumas

Backward-Sloping Labor Supply Function in Dual Economies — the Africa Case: Comment pp. 660-662

Peter F. M. McLoughlin

Backward-Sloping Labor Supply Function in Dual Economies — the Africa Case: Reply pp. 662-663

Elliot Berg

On "The Methodology of Positive Economics": Comment pp. 664-666

Robert Piron

On "The Methodology of Positive Economics": Reply pp. 666-668

Eugene Rotwein

Volume 76, issue 3, 1962

Prosperity and Labor Relations in Europe: The Case of West Germany pp. 331-359

Arthur M. Ross

Traditional Production in Primitive African Economies pp. 360-378

George Dalton

The Determination of Money Wages in American Industry pp. 379-414

Otto Eckstein and Thomas A. Wilson

Durable Consumer Goods and American Economic Growth pp. 415-423

Arthur H. Cole

An Empirical Approach to the Prisoners' Dilemma Game pp. 424-436

Lester Lave

The Cost and Efficiency of Distribution in the Soviet Union pp. 437-453

Marshall I. Goldman

An Extension of Sidgwick's Equity Principle pp. 454-463

Shirley B. Johnson and Thomas Mayer

Some Notes on the Terms of Trade and Economic Development pp. 464-470

Enrique Lerdau

"Credit Risk and Credit Rationing:" Comment pp. 471-479

Harl E. Ryder

Further Comment pp. 480-488

Merton Miller

Reply pp. 488-493

Donald R. Hodgman

The Stability of Growth Equilibrium: Comment pp. 494-501

J. R. Saegent

Reply pp. 502

F. H. Hahn

A Note on the Theory of Economic Growth pp. 503-507

Tetsuhaka Okamoto and Ken-ichi Inada

Volume 76, issue 2, 1962

Some Notes on Ideal Output pp. 173-185

David McCord Wright

Some Notes on the Real Effects of Foreign Surplus Disposal in Underdeveloped Economies pp. 186-196

Deena R. Khatkhate

Expectations, Bond Prices, and the Term Structure of Interest Rates pp. 197-218

Burton G. Malkiel

Simulation and Long-Range Planning for Resource Allocation pp. 219-245

Robert M. Rauner and Wilbur A. Steger

A Reconsideration of Restrictions on Bank Entry pp. 246-263

David A. Alhadeff

A Multisectoral Model of Growth pp. 264-278

Phoebus J. Dhrymes

Disguised and Overt Unemployment in Underdeveloped Economies pp. 279-297

Paul Wonnacott

Investment Criteria, Productivity and Economic Development: An Empirical Comment pp. 298-302

Gustav Ranis

Organization and Productivity in Backward Economies pp. 303-310

Peter Kilby

Security and a Financial Theory of Investment: Comment pp. 311-315

Morris Mendelson

Reply pp. 315-319

Myron J. Gordon

Steel, Administered Prices and Inflation: Comment pp. 320-325

Warren S. Gramm

Reply pp. 326-327

M. A. Adelman

Volume 76, issue 1, 1962

The Basic Theory of Normal Prices pp. 1-19

Joan Robinson

Linear Decision Rules for Economic Stabilization and Growth pp. 20-45

Charles C. Holt

Stocks, Flows and Monetary Theory pp. 46-56

William Baumol

Paretian Distributions and Income Maximization pp. 57-85

Benoît Mandelbrot

"Inferior" Factors of Production pp. 86-97

Robert Haney Scott

Petroleum Conservation in Theory and Practice pp. 98-121

James W. McKie and Stephen L. McDonald

Strikes in Manufacturing, 1947–57 pp. 122-144

Kenneth Alexander

The Physiocratic Theory of Economic Policy pp. 145-162

Warren J. Samuels

A New Argument for Protectionism? pp. 163-166

Alexandre Kafka

Volume 75, issue 4, 1961

The Origin and Early Development of Monopolistic Competition Theory pp. 515-543

Edward H. Chamberlin

The Commission on Money and Credit pp. 544-568

Arthur Smithies

Estimation of Optimum Size of Plant by the Survivor Technique pp. 569-607

T. R. Saving

Aristotle, Schumpeter, and the Metallist Tradition pp. 608-614

Barry J. Gordon

The Apparent Decline in Capital-Output Ratios pp. 615-634

Paul S. Anderson

Some Gains from Trade in Producer Goods pp. 635-642

Stephen Enke

Risk, Ambiguity, and the Savage Axioms pp. 643-669

Daniel Ellsberg

Distortion of Subjective Probabilities as a Reaction to Uncertainty pp. 670-689

William Fellner

Risk, Ambiguity, and the Savage Axioms: Comment pp. 690-694

Howard Raiffa

Volume 75, issue 3, 1961

Objective Functions and Models of Corporate Optimization pp. 345-375

Martin Shubik

The Economics of Fashion Demand pp. 376-398

Dwight E. Robinson

Information, Expectations and the Theory of the Firm pp. 399-421

H. B. Malmgren

Schumpeter and the Underdeveloped Countries pp. 422-450

Douglas Rimmer

On Measuring Productive Potential and Relative Efficiency pp. 451-467

Richard H. Moorsteen

Backward-Sloping Labor Supply Functions in Dual Economies — the Africa Case pp. 468-492

Elliot J. Berg

Utility, Strategy, and Social Decision Rules: Comment pp. 493-496

Gordon Tullock

Utility, Strategy, and Social Decision Rules: Reply pp. 496-497

William Vickrey

Steel, Administered Prices and Inflation: Comment pp. 498-500

George Macesich

Steel, Administered Prices and Inflation: Reply pp. 500

M. A. Adelman

Balanced Growth and the Two-Good, Two-Factor General Equilibrium Model pp. 501-505

M. Bruce Johnson

An Alternative Exposition of the Factor Price Equalization Theorem pp. 506-507

William Paul Smith

Volume 75, issue 2, 1961

Some Econometrics of Growth: Great Ratios of Economics pp. 173-198

Lawrence Klein and R. F. Kosobud

The Economics of Disequilibrium Price pp. 199-233

Romney Robinson

An Econometric Study of the Production Decision pp. 234-261

J. Johnston

Co-ordination Assumptions and Multiple Equilibria pp. 262-277

J. N. Wolfe

Integration, Concentration, and Profits in Manufacturing Industries pp. 278-291

Victor Fuchs

Ricardo and Thornton on the Transfer Mechanism pp. 292-301

Herbert Grubel

Real Balances and the Permanent Income Hypothesis pp. 302-313

Lowell E. Gallaway and Paul E. Smith

Productivity, Real Wages, and Economic Growth: A Comment pp. 314-318

Mordecai Ezekiel

Credit Risk and Credit Rationing: Comment pp. 319-329

Sam B. Chase

The Use of Adaptive Expectations in Stability Analysis: Reply pp. 327-329

Donald R. Hodgman

The Use of Adaptive Expectations in Stability Analysis: Comment pp. 330-335

Edwin S. Mills

The Use of Adaptive Expectations in Stability Analysis: Reply pp. 335-338

Marc Nerlove

Volume 75, issue 1, 1961

The Real Cost of Labor, and the Choice Between Consumption and Investment pp. 1-15

I. M. D. Little

Steel, Administered Prices and Inflation pp. 16-40

M. A. Adelman

Uncertainty, Prediction, and Competitive Equilibrium pp. 41-62

Richard Nelson

Israel's Development: Past Accomplishments and Future Problems pp. 63-86

Richard Easterlin

An Analysis of Interurban Air Travel pp. 87-95

John B. Lansing, Jung-Chao Liu and Daniel B. Suits

The Physiocratic Theory of Property and State pp. 96-111

Warren J. Samuels

Computer Models in Dynamic Economics pp. 112-127

Kalman J. Cohen and Richard M. Cyert

Anticipated Employment Instability and Labor Market Equilibrium pp. 128-132

James O'Connor

An Economic Justification of Protectionism: Comment pp. 133-144

Anthony Y. C. Koo

Reply pp. 145-151

Everett E. Hagen

Usher and Schumpeter on Invention, Innovation and Technological Change: Comment pp. 152-154

Paul R. Schweitzer

Reply pp. 154-156

Vernon Ruttan

The Commodity Structure of World Trade: Comment pp. 157-165

Stephen Spiegelglas

Reply pp. 165-166

Albert Hirschman