Journal of Political Economy

1893 - 2025

From University of Chicago Press
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Volume 94, issue 6, 1986

Unequal English Wealth since 1670 pp. 1127-62

Peter Lindert

Implementation Cycles pp. 1163-90

Andrei Shleifer

Monetary Analysis, the Equilibrium Method, and Keynes's "General Theory." pp. 1191-1224

Meir Kohn

Labor-Management Bargaining: Contract Curves and Slutsky Equations pp. 1225-45

Hajime Miyazaki

The Efficiency of Search under Competition and Monopsony pp. 1246-57

James Albrecht and Boyan Jovanovic

Seasonal Fluctuations and the Life Cycle-Permanent Income Model of Consumption pp. 1258-79

Jeffrey Miron

A Classical Model of the Class Struggle: A Game-Theoretic Approach pp. 1280-1303

Perry G Mehrling

Fiscal Illusion and the Grantor Government pp. 1304-18

Robert R Logan

Temporary Stabilization: Predetermined Exchange Rates pp. 1319-29

Guillermo Calvo

The Fisher Hypothesis and International Capital Markets pp. 1330-37

Ingemar Hansson and Charles Stuart

Volume 94, issue 5, 1986

The Bureaucracy of Murder Revisited pp. 905-26

Albert Breton and Ronald Wintrobe

Price Destabilizing Speculation pp. 927-52

Oliver D Hart and David Kreps

Variance Bounds Tests and Stock Price Valuation Models pp. 953-1001

Allan W Kleidon

Increasing Returns and Long-run Growth pp. 1002-37

Paul Romer

The Efficiency of the Dollar-Sterling Gold Standard, 1890-1908 pp. 1038-73

Lawrence Officer

The Political Economy of Resale Price Maintenance pp. 1074-95

Howard P Marvel and Stephen McCafferty

Further Evidence on the Asymmetric Behavior of Economic Time Series over the Business Cycle pp. 1096-1109

Barry Falk

The Path of Price Changes in Vertical Integration pp. 1110-19

Herman C Quirmbach

The Leontief Paradox, Reconsidered: Correction pp. 1120

Iraj Heravi

Volume 94, issue 4, 1986

The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration pp. 691-719

Sanford Grossman and Oliver D Hart

On Measuring Child Costs: With Applications to Poor Countries pp. 720-44

Angus Deaton and John Muellbauer

The Bullionist Controversy Revisited pp. 745-62

Morris Perlman

Simple Tests of Distributional Effects on Macroeconomic Equations pp. 763-95

Thomas M Stoker

Price and Advertising Signals of Product Quality pp. 796-821

Paul Milgrom and John Roberts

Technology Adoption in the Presence of Network Externalities pp. 822-41

Michael Katz and Carl Shapiro

Capital Market Equilibrium with Transaction Costs pp. 842-62

George Constantinides

Multi-Item Auctions pp. 863-72

Gabrielle Demange, David Gale and Marilda Sotomayor

Income Distribution and Sociopolitical Instability as Determinants of Savings: A Cross-sectional Model pp. 873-83

Yiannis P Venieris and Dipak K Gupta

Regulatory Policymaking at the Federal Trade Commission: The Extent of Congressional Control pp. 884-89

Timothy J Muris

Congress and Regulatory Agency Choice: Reply [Bureaucratic Discretion or Congressional Control? Regulatory Policymaking by the Federal Trade Commission] pp. 890-94

Barry Weingast and Mark J Moran

A Confirmation of the Relation between Inflation and Relative Price Variability pp. 895-99

Constantine Glezakos and Jeffrey Nugent

Volume 94, issue 3, 1986

Testing between Competing Models of Wage and Employment Determination in Unionized Markets pp. S3-S39

Thomas E MaCurdy and John Pencavel

Testing the Efficiency of Employment Contracts pp. S40-S87

James N Brown and Orley Ashenfelter

Wages and Job Mobility of Young Workers pp. S88-S110

Christopher Flinn

Local Labor Markets pp. S111-43

Robert Topel

An Empirical Model of Wage Indexation Provisions in Union Contracts pp. S144-75

David Card

Intertemporal Substitution in Labor Supply: Evidence from Micro Data pp. S176-S215

Joseph Altonji

Large Shareholders and Corporate Control pp. 461-88

Andrei Shleifer and Robert Vishny

What Do We Really Know about Wages? The Importance of Nonreporting and Census Imputation pp. 489-506

Lee Lillard, James P Smith and Finis Welch

Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances? pp. 507-22

Katharine Abraham and Lawrence Katz

Induced Bias of Technical Change in Agriculture: The United States and Japan, 1880-1980 pp. 523-44

Toshihiko Kawagoe, Keijiro Otsuka and Yujiro Hayami

The Variability of Crop Production in Private and Socialized Agriculture: Evidence from Eastern Europe pp. 545-63

Josef Brada

Fiscal Policies in the World Economy pp. 564-94

Jacob A Frenkel and Assaf Razin

Ricardo's Volte-Face on Machinery pp. 595-613

Haim Barkai

Using Cost Observation to Regulate Firms pp. 614-41

Jean-Jacques Laffont and Jean Tirole

The Resource Cost of Irredeemable Paper Money pp. 642-47

Milton Friedman

Fiscal versus Traditional Market Variables in Canadian Migration pp. 648-66

R Paul Shaw

An Intertemporal Analysis of the Interdependence between Risk Preference, Retirement, and Work Rate Decisions pp. 667-82

Richard S Dowell and Keith McLaren

Volume 94, issue 2, 1986

Procurement and Renegotiation pp. 235-59

Jean Tirole

Some Anecdotal Evidence Relating to the Legal Restrictions Theory of the Demand for Money pp. 260-65

Gail E Makinen and G Thomas Woodward

Predatory Pricing and Acquisition Cost of Competitors pp. 266-96

Malcolm R Burns

Does Better Nutrition Raise Farm Productivity? pp. 297-320

John Strauss

The Efficiency Effects of Categorical Discrimination in the Insurance Industry pp. 321-44

Keith J Crocker and Arthur Snow

Testing for Bubbles in Exchange Markets: A Case of Sparkling Rates? pp. 345-73

Richard Meese

A Variance Bounds Test of the Linear Quadratic Inventory Model pp. 374-401

Kenneth West

On the Existence of Optimal Stationary Equilibria with a Fixed Supply of Fiat Money: I. The Case of a Single Consumer pp. 402-17

Lawrence M Benveniste and David Cass

Price Dispersion in an Automobile Insurance Market pp. 418-38

Bev Dahlby and Douglas West

A Note on "Job Search: The Choice of Intensity." pp. 439-42

Peter B Morgan

Trade Unions in the Production Process Reconsidered pp. 443-47

Morgan O Reynolds

Volume 94, issue 1, 1986

Spurious Volatility in Historical Unemployment Data pp. 1-37

Christina Romer

Job Search and Cyclical Unemployment pp. 38-55

Randall Wright

The "Starving Artist"-Myth or Reality? Earnings of Artists in the United States pp. 56-75

Randall Filer

Interest Rate Seasonals and the Federal Reserve pp. 76-125

Truman A Clark

Risk, Return, and Equilibrium: A Revisit pp. 126-47

Seha Tinic and Richard R West

Recurrent Devaluation and Speculative Attacks on the Mexican Peso pp. 148-66

Herminio Blanco and Peter Garber

Information, Production, and the Term Structure pp. 167-84

Theodore E Day

Gresham's Law or Gresham's Fallacy? pp. 185-99

Arthur J Rolnick and Warren Weber

The Output-Inflation Trade-off When Prices Are Costly to Change pp. 200-224

Michael Parkin

Search in a Known Pattern pp. 225-30

Motty Perry and Avi Wigderson