Journal of Political Economy

1893 - 2025

From University of Chicago Press
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Volume 98, issue 6, 1990

Property Rights and the Nature of the Firm pp. 1119-58

Oliver Hart and John Moore

The Crime of 1873 pp. 1159-94

Milton Friedman

Campaign Contributions as Investments: The U.S. House of Representatives, 1980-1986 pp. 1195-1227

Snyder, James M,

Collectivization and China's Agricultural Crisis in 1959-1961 pp. 1228-52

Justin Lin

Do Smokers Underestimate Risks? pp. 1253-69

W Viscusi

Vacancy, Search, and Prices in a Housing Market Matching Model pp. 1270-92

William C Wheaton

Marginal Cost Pricing When Spot Markets Are Complete pp. 1293-1306

Benjamin Eden

Do Tournaments Have Incentive Effects? pp. 1307-24

Ronald Ehrenberg and Michael Bognanno

Experimental Tests of the Endowment Effect and the Coase Theorem pp. 1325-48

Daniel Kahneman, Jack Knetsch and Richard Thaler

Volume 98, issue 5, 1990

The Problem of Development: Introduction pp. S1-11

Isaac Erlich

Human Capital, Fertility, and Economic Growth pp. S12-37

Gary Becker, Kevin Murphy and Robert Tamura

Population Growth and Human Capital Investments: Theory and Evidence pp. S38-70

Mark Rosenzweig

Endogenous Technological Change pp. S71-102

Paul Romer

Government Spending in a Simple Model of Endogenous Growth pp. S103-26

Robert Barro

Public Policy and Economic Growth: Developing Neoclassical Implications pp. S126-50

Robert King and Sergio Rebelo

Tax Reform and U.S. Economic Growth pp. S151-93

Dale Jorgenson and Kun-Young Yun

Entrepreneurship: Productive, Unproductive, and Destructive pp. 893-921

William Baumol

Sleep and the Allocation of Time pp. 922-43

Jeff Biddle and Daniel S Hamermesh

Profitability and Product Quality: Economic Determinants of Airline Safety Performance pp. 944-64

Nancy Rose

Economic Development and the Division of Production between Households and Markets pp. 965-82

Luis Locay

Unobservables, Pregnancy Resolutions, and Birth Weight Production Functions in New York City pp. 983-1007

Michael Grossman and Ted Joyce

A Convex Model of Equilibrium Growth: Theory and Policy Implications pp. 1008-38

Larry Jones and Rodolfo Manuelli

Money Demand and the Stock Market in a General Equilibrium Model with Variable Velocity pp. 1039-53

Glenn Boyle

Compensating Differentials for Shift Work pp. 1054-75

Peter F Kostiuk

Financial Development, Growth, and the Distribution of Income pp. 1076-1107

Jeremy Greenwood and Boyan Jovanovic

Shark Repellents and Managerial Myopia: An Empirical Test pp. 1108-17

Lisa K Meulbroek, Mark Mitchell, J Harold Mulherin, Jeffry M Netter and Annette B Poulsen

Volume 98, issue 4, 1990

Fundamental Stocks of Knowledge and Productivity Growth pp. 673-702

James Adams

Noise Trader Risk in Financial Markets pp. 703-38

J Bradford De Long, Andrei Shleifer, Lawrence H. Summers and Robert Waldmann

The "Wizard of Oz" as a Monetary Allegory pp. 739-60

Hugh Rockoff

A Model of the Demand for Longevity and the Value of Life Extension pp. 761-82

Isaac Ehrlich and Hiroyuki Chuma

Sustainable Plans pp. 783-802

Varadarajan Chari and Patrick Kehoe

Decentralization, Duplication, and Delay pp. 803-26

Patrick Bolton and Joseph Farrell

An Estimate of a Sectoral Model of Labor Mobility pp. 827-52

Boyan Jovanovic and Robert Moffitt

Social Cost of Environmental Quality Regulations: A General Equilibrium Analysis pp. 853-73

Michael Hazilla and Raymond Kopp

An Examination of Market Efficiency in British Racetrack Betting pp. 874-85

Paul E Gabriel and James R Marsden

Volume 98, issue 3, 1990

Permanent and Transitory Movements in Labor Income: An Explanation for "Excess Smoothness" in Consumption pp. 449-75

Danny Quah

Advertising and Entry: The Case of Physician Services pp. 476-500

John Rizzo and Richard Zeckhauser

International Evidence on the Size of the Random Walk in Output pp. 501-18

Timothy Cogley

Habit Formation: A Resolution of the Equity Premium Puzzle pp. 519-43

George Constantinides

Compensation and Productive Efficiency of Partnerships: Evidence from Medical Group Practice pp. 544-73

Martin Gaynor and Mark V Pauly

Liability and Large-Scale, Long-term Hazards pp. 574-95

Al H Ringleb and Steven N Wiggins

A Nonparametric Investigation of Duration Dependence in the American Business Cycle pp. 596-616

Francis Diebold and Glenn Rudebusch

International Coordination of Fiscal Policy in Limiting Economies pp. 617-36

Varadarajan Chari and Patrick Kehoe

Job Search Outcomes for the Employed and Unemployed pp. 637-55

David Blau and Philip Robins

Cold Houses and Warm Climates Revisited: On Keeping Warm in Chicago, or Paradox Lost: Comment pp. 656-63

Donald Dewees and Thomas A Wilson

Volume 98, issue 2, 1990

Performance Pay and Top-Management Incentives pp. 225-64

Michael Jensen and Kevin Murphy

A Theory of Entrepreneurship and Its Application to the Study of Business Transfers pp. 265-94

Thomas J Holmes and Schmitz, James A,

Share Tendering Strategies and the Success of Hostile Takeover Bids pp. 295-324

David Hirshleifer and Sheridan Titman

Factor Market Search and the Structure of Simple General Equilibrium Models pp. 325-55

Arthur J Hosios

Unemployment, the Market for Interviews, and Wage Employment pp. 356-71

Michael Sattinger

Do Bad Bidders Become Good Targets? pp. 372-98

Mark Mitchell and Kenneth Lehn

Two-Sex Demographic Models pp. 399-420

Robert Pollak

Alternative Common-Value Auction Procedures: Revenue Comparisons with Free Entry pp. 421-29

Ronald Harstad

The "Oral Tradition" at Chicago in the 1930s: Confirmations and Contradictions pp. 430-32

Frank G Steindl

Invariant Valuation When Tax Rates Change over Time: Confirmations and Contradictions pp. 433-37

Andrew Lyon

Volume 98, issue 1, 1990

Economic Exchange during Hyperinflation pp. 1-27

Alessandra Casella and Jonathan Feinstein

The Incidence of Sanctions against Employers of Illegal Aliens pp. 28-44

John K Hill and James E Pearce

Occupational Matching: A Test of Sorts pp. 45-69

Brian McCall

The Efficient Market Hypothesis and Insider Trading on the Stock Market pp. 70-93

Jean-Jacques Laffont and Eric Maskin

Why Are Vickrey Auctions Rare? pp. 94-109

Michael H Rothkopf, Thomas J Teisberg and Edward P Kahn

Equilibrium and Inefficiency in a Community Model with Peer Group Effects pp. 110-33

Charles de Bartolome

The Implementation Process of Comparable Worth: Winners and Losers pp. 134-52

Peter Orazem and J Peter Mattila

The Rational Nonpurchase of Long-term-Care Insurance pp. 153-68

Mark V Pauly

A Theory of Career Mobility pp. 169-92

Nachum Sicherman and Oded Galor

Tax Changes and Phase Diagrams for an Overlapping Generations Model pp. 193-220

John Laitner