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The Review of Economics and Statistics

1969 - 2025

Current editor(s): Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

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Volume 54, issue 4, 1972

Tax Changes and Composition of Fixed Investment: An Aggregative Simulation pp. 343-56 Downloads
Henry Aaron, Frank Russek and Neil M Singer
Conglomerate Performance Using the Capital Asset Pricing Model pp. 357-63 Downloads
J Fred Weston, Keith V Smith and Ronald Shrieves
The Permanent-Income Hypothesis of the Demand for Money pp. 364-73 Downloads
Richard E Peterson
A Simultaneous Equation Model of Birth Rates in the United States pp. 374-80 Downloads
Paul R Gregory, John M Campbell and Benjamin S Cheng
Demand and Supply Functions for Stocks and Euro-dollar Deposits: An Empirical Study pp. 381-91 Downloads
John Makin
Price Elasticities of Demand and Air Pollution Control pp. 392-400 Downloads
Robert E Kohn
The Demand for Cigarettes: Advertising, the Health Scare, and the Cigarette Advertising Ban pp. 401-11 Downloads
James L Hamilton
Market Share and Rate of Return pp. 412-23 Downloads
Bradley T Gale
Supply and Demand for State and Local Services pp. 424-30 Downloads
James C Ohls and Terence J Wales
Economies of Scale and Municipal Police Services: The Illinois Experience pp. 431-38 Downloads
Norman Walzer
The Supply of Public School Teachers to an Urban Metropolitan Area: A Possible pp. 439-43 Downloads
Eric J Toder
Efficient Estimation of Simultaneous Equations with Auto-Regressive Errors by Instrumental Variables pp. 444-49 Downloads
Ray Fair
A Dynamic Version of the Linear Expenditure Model pp. 450-58 Downloads
Louis Phlips
On the Estimation of Dynamic Demand Functions pp. 459-65 Downloads
Lester Taylor and Daniel Weiserbs
A Cross-Section Model of Economic Growth: A Comment pp. 466-67 Downloads
Paul De Grauwe
A Cross-Section Model of Economic Growth Re-examined pp. 467-70 Downloads
Richard F Kosobud and William D O'Neill
Air Pollution and Property Values: A Reply pp. 470-73 Downloads
Anderson, Robert J, and Thomas D Crocker
Some Estimates of Price and Expenditure Elasticities of Demand for Marijuana Among U.C.L.A. Students pp. 473-75 Downloads
Charles T Nisbet and Firouz Vakil
Estimating the Durability of Consumers' Durable Goods pp. 475-79 Downloads
Jayme Garcia dos Santos
Tobin vs. Keynes on Liquidity Preference pp. 479
Douglas R Bohi

Volume 54, issue 3, 1972

New Initiatives in National Wage and Price Policy pp. 213-17 Downloads
Murray Weidenbaum
An Incomes Policy for the 1970's pp. 218-23 Downloads
Gardner Ackley
Controls or Competiton-What's at Issue? pp. 224-30 Downloads
Carl H Madden
Are Controls the Answer? pp. 231-33 Downloads
Hendrik Houthakker
Corporate Earnings and Tax Shifting in U.S. Manufacturing, 1930-1968 pp. 235-44 Downloads
William H Oakland
The Geographic Size of Markets in Manufacturing pp. 245-57 Downloads
Leonard W Weiss
Firm and Industry Determinants of the Decision to Invest Abroad: An Empirical Study pp. 258-66 Downloads
Thomas Horst
Price Expectations an the Short-Run and Long-Run Phillips Curves in Japan, 1956-1968 pp. 267-74 Downloads
Toshihisa Toyoda
Observed Price Expectations and Interest Rates pp. 275-80 Downloads
David H Pyle
Profit Functions of Technologies with Multiple Inputs and Outputs pp. 281-89 Downloads
Lawrence J Lau
Real Money Balances: An Omitted Variable from the Production Functions? pp. 290-96 Downloads
Allen Sinai and Houston Stokes
Components of Capital Expenditures: Replacement and Modernization Versus Expansion pp. 297-305 Downloads
Robert Eisner
The Estimation of the Lorenz Curve and Gini Index pp. 306-16 Downloads
Joseph L Gastwirth
Forecasts with Qtrly Macroeconometric Models: Equation Adjustments, and Benchmark Predictions: The U.S. Experience pp. 317-25 Downloads
Yoel Haitovsky and George I Treyz
The Effect of the 1964 Revenue Act on the Sensitivity of the Federal Income Tax pp. 326-28 Downloads
Vito Tanzi and Thomas P Hart
Fluctuations in Residential Construction: Some Evidence from the Spectral Estimates pp. 328-32 Downloads
Andrew Stern
Principal Component Estimators and Minimum Mean Square Error Criteria in Regression Analysis pp. 332-36 Downloads
R W Farebrother
Estimation of Aggregate C.E.S. Production Functions with the Use of Capital Data pp. 336-37 Downloads
Peder Pedersen
The Merits of Balanced Growth Reconsidered pp. 337-39 Downloads
L Shashua and Y Goldschmidt
Dividend Remittance Behavior Within the International Firm: A Cross-country Analysis pp. 339-42 Downloads
George F Kolpits

Volume 54, issue 2, 1972

The Substitution of Hospital Outpatient Care for Inpatient Care pp. 109-20 Downloads
Karen Davis and Louise Russell
Employment at Low Wages pp. 121-29 Downloads
Howard M Wachtel and Charles Betsey
An International Comparison of Concentration Ratios pp. 130-40 Downloads
Frederic L Pryor
A Labor Supply Model for Secondary Workers pp. 141-51 Downloads
Michael L Wachter
The Profitability of Retained Earnings pp. 152-60 Downloads
G Whittington
The Use of Rational Expectations in Models of Speculation pp. 161-65 Downloads
Stanley Black
Quality Adjustment and the Excess Supply of Air Force Volunteers pp. 166-71 Downloads
Cook, Alvin A,
Sequential Methods in Model Construction pp. 172-78 Downloads
T D Wallace and V G Ashar
A Comparison of the Power of the von Neumann Ratio, Durbin-Watson and Geary Tests pp. 179-85 Downloads
Hamid Habibagahi and John L Pratschke
A Comparison of Maximum Likelihood Versus Blue Estimators pp. 186-90 Downloads
V. Smith and Thomas W Hall
The Geographic Heterogeneity of Public Expenditure Functions pp. 191-94 Downloads
William J Scanlon and Robert Strauss
The Demand for Beer pp. 195-98 Downloads
Thomas F Hogarty and Kenneth Elzinga
Elasticities of Substitution for the Japanese Imports pp. 198-202 Downloads
Yoichi Shinkai
Approximating the Least-Squares Bias in Multiple Regression with Errors in Variables pp. 202-04 Downloads
Ake Blomqvist
The Market Price of Risk, Size of Market and Investor's Risk Aversion: A Comment pp. 204-06 Downloads
A P Budd and Robert H Litzenberger
The Market Price of Risk, Size of Market and Investor's Risk Aversion: A Reply pp. 206-08 Downloads
John Lintner
Foreign Exchange and Economic Development: An Empirical Study of Selected Latin American Countries pp. 208-12 Downloads
Benton F Massell, Scott R Pearson and James B Fitch

Volume 54, issue 1, 1972

Canadian Sensitivity to Economic Cycles in the United States pp. 1-8 Downloads
Vittorio Bonomo and J Ernest Tanner
Managerial and Stockholder Welfare Models of Firm Expenditures pp. 9-24 Downloads
Henry G Grabowski and Dennis Mueller
The Elements of Market Structure pp. 25-37 Downloads
William G Shepherd
The Determinants of World Steel Exports: An Empirical Study pp. 38-46 Downloads
David Ault
A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations pp. 47-54 Downloads
Stephen J Turnovsky and Michael L Wachter
A Product Function for Physician Services pp. 55-66 Downloads
U Reinhardt
An Econometric Test of Alternative Constraints on the Growth of Underdeveloped Countries pp. 67-78 Downloads
Thomas E Weisskopf
The Estimation of CES Production Functions and Neutral Efficiency Levels Using Effective Rates of Protection as Price Deflators pp. 79-83 Downloads
Daniel M Schydlowsky and Moshe Syrquin
Perfect Competition, Average Cost Pricing and the Price Equation pp. 84-88 Downloads
Ben E Laden
Consumption Functions with Shifting Parameters Due to Socio-Economic Factors pp. 89-96 Downloads
R Agarwala and J Drinkwater
Federal Home Loan Bank and Savings and Loan Associations: An Examination of the Financing of Federal Home Loan Bank Advances pp. 97-100 Downloads
Jene K Kwon and Richard M Thornton
Scale Economies in Public Schools pp. 100
John Riew
The Rising Price of Physicians' Services: A Comment pp. 101-05 Downloads
Douglas M Brown and Harvey Lapan
The Rising Price of Physicians' Services: A Reply pp. 105-07 Downloads
Martin Feldstein
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