Journal of Political Economy

1893 - 2025

From University of Chicago Press
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Volume 77, issue 6, 1969

Measuring Equilibrium in the Balance of Payments pp. 873-91

Charles P Kindleberger

Savings Deposits in the Definition of Money pp. 892-96

Gurcharan S Laumas

Adam Smith's Theory of Inquiry pp. 897-915

J Ralph Lindgren

Investing and Protesting pp. 916-20

Anthony Scott

On the Long-Run and Short-Run Demand for Money: Some Further Evidence pp. 921-31

V Karuppan Chetty

Reply: A Note on the Estimation of Long-Run Relationships in Stock Adjustment Models pp. 932-36

Gregory Chow

On the Regulation of Industry: A Note pp. 937-52

Lester G Telser

"The Galbraithian System"-Rejoinder pp. 953-56

Scott Gordon

The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitalization and the Tiebout Hypothesis pp. 957-71

Wallace Oates

Substitution and the Effective Rate of Protection pp. 972-75

Joseph Finger

The Empirical Content of Economic Rationality: A Test for a Less Developed Economy pp. 976-1004

John Wise and Pan A Yotopoulos

Domestic Distortions, Tariffs, and the Theory of Optimum Subsidy: Some Further Results pp. 1005-10

Jagdish N Bhagwati, V K Ramaswami and T N Srinivasan

Domestic Distortions, Tariffs, and the Theory of Optimum Subsidy pp. 1011-13

Murray Kemp and Takashi Nagishi

Productivity and the Price of Medical Services pp. 1014-27

Yoram Barzel

The Minimum Covered Interest Differential Needed for International Arbitrage Activity pp. 1028-35

William Branson

Mishan on Progress: A Rejoinder pp. 1036-39

Walter A Weisskopf

Volume 77, issue 5, 1969

Real Wages, Employment, and Inflation pp. 721-54

Robert Lucas and Leonard A Rapping

The Effects on Taxation on Risk Taking pp. 755-64

Martin Feldstein

A Short-Run Demand Function for Higher Education in the United States pp. 765-77

Harvey Galper and Dunn, Robert M,

Some Welfare Aspects of International Migration pp. 778-94

R Albert Berry and Ronald Soligo

A Model of the Canadian Housing and Mortgage Markets pp. 795-816

Lawrence B Smith

The Consumer's Demand for Money: A Neoclassical Approach pp. 817-26

Brian Motley

Further Remarks on the Theory of Product Differentiation pp. 827-33

Helmut Schuster

Measuring the Effective Rate of Protection: Direct and Indirect Effects pp. 834-44

David B Humphrey

Estimating Permanent Income: A Note pp. 845-50

Colin Wright

On the Long-Run and Short-Run Demand for Money: A Comment pp. 851-56

Lester Taylor and Joseph Newhouse

A Test of the Permanent Income Hypothesis pp. 857-61

Prem S Laumas

Why It Is Cheap, Not Dear, to Marry a Ph.D pp. 862

Robert M Bernardo

Opportunity Cost of Marriage: Comment pp. 863

George J Stigler

Volume 77, issue 4, 1969

Expectations and Interest Rates: A Cross-sectional Test of the Error-learning Hypothesis pp. 453-70

Burton G Malkiel and Edward Kane

Student Family Size in Relation to Current and Expected Income pp. 471-77

Frank P Stafford

Utility Maximization Sufficient for Competitive Survival pp. 478-83

George W Ladd

The Social Costs of the Discovery and Suppression of the Clandestine Distribution of Heroin pp. 484-86

Edward Erickson

The Clandestine Distribution of Heroin, Its Discovery and Suppression: A Comment pp. 487-88

Raul A Fernandez

The Demand for Money by Households in South Vietnam: The Evidence from Cross-Section Data pp. 489-93

Robert H Stroup and Frazer, William J,

Professor Gordon on "The Close of the Galbraithian System." pp. 494-503

John Kenneth Galbraith

The Neoclassical Dichotomy as a Controlled Experiment pp. 504-11

Jurg Niehans

A Stock-Adjustment Analysis of Capital Movements: The United States-Canadian Case pp. 512-23

C H Lee

Buse on Meiselman-A Comment pp. 524-27

Neil Wallace

A Note on Arrow's Postulates for a Social Welfare Function-A Comment pp. 528-31

Tapas Majumdar

An Economic Analysis of the Concept of Freedom pp. 532-44

Thomas Gale Moore

Writing and Reading in Economics pp. 545-58

Walter S Salant

Rational Choice and Patterns of Growth pp. 575-85

Miguel Sidrauski

The Implications of Alternative Saving and Expectations Hypotheses for Choices of Technique and Patterns of Growth pp. 586-627

David Cass and Joseph Stiglitz

Time Preference and the Penrose Effect in a Two-Class Model of Economic Growth pp. 628-52

Hirofumi Uzawa

Sequential Planning and Continual Planning Revision pp. 653-64

Steven Goldman

Optimal Accumulation in a Two-Sector Neoclassical Economy with Non-Shiftable Capital pp. 665-83

Ryder, Harl E,

Optimal Capital Accumulation by an Economy Facing an International Capital Market pp. 684-97

Koichi Hamada

Optimal Fiscal and Monetary Policy and Economic Growth pp. 698-719

Duncan Foley, Karl Shell and Miguel Sidrauski

Volume 77, issue 3, 1969

The Case against Infant-Industry Tariff Protection pp. 295-305

Robert Baldwin

A Model for the Explanation of Industrial Expansion during the Nineteenth Century: With an Application to the American Iron Industry pp. 306-28

Robert Fogel and Stanley L Engerman

The Relationship between Joint Products, Collective Goods, and External Effects pp. 329-48

E J Mishan

Risk and the Valuation of Common Stock pp. 349-62

Richard S Bower and Dorothy H Bower

An Analysis of the Canadian Money Supply: 1925-1934 pp. 363-91

Thomas J Courchene

Patent Statistics as a Measure of Technical Change pp. 392-98

William S Comanor and Frederic M Scherer

Structural Unemployment in a Neoclassical Framework pp. 399-407

George Akerlof

Automobiles and Hedonic Quality Measurement pp. 408-17

Jack E Triplett

The Short-Run Stability of Velocity and the Autonomous Spending Multiplier, 1946-1962 pp. 418-29

Keith E Phillips

Irving Fisher and the Red Guards pp. 430-33

Steven N S Cheung

Volume 77, issue 2, 1969

An Economic Model of Family Planning and Fertility pp. 153-80

T Paul Schultz

On Models of Commercial Fishing pp. 181-98

Vernon L Smith

On Two Foundation Concepts of the Theory of Political Economy pp. 199-218

Rutledge Vining

Monopoly Pricing of Afghan Karakul in International Markets pp. 219-36

Abdul Hay Kayoumy

The Optimal Provision of Public Goods: A Comment pp. 237-41

Geoffrey Brennan

A Note on Simon Patten's Contribution to the Concept of Consumer's Surplus pp. 242-44

Matthew A Stephenson

A Note on the Optimal Rate of Growth of International Reserves pp. 245-48

Julio H G Olivera

On the Interindustry Wage and Hours Structure pp. 249-73

Sherwin Rosen

Three Elucidations of the Ricardo Effect pp. 274-85

Friedrich von Hayek

Volume 77, issue 1, 1969

Paretian Welfare Theory: Some Neglected Aspects pp. 1-20

Vincent J Tarascio

Elementary Geometric/Arithmetic Series and Early Production Theory pp. 21-34

Peter J Lloyd

Economic Growth and the Balance of Payments: A Monetary Approach pp. 35-48

Ryutaro Komiya

Monopolistic Behavior in a Market for Durable Goods pp. 49-59

A J Douglas and Steven Goldman

A Theorem on Returns to Scale and Steady-State Growth pp. 60-65

David Levhari and Eytan Sheshinski

A Physiocratic Model of Dynamic Equilibrium pp. 66-84

Robert V Eagly

The Welfare Costs of Content Protection: The Automotive Industry in Latin America pp. 85-98

Bernard Munk

The Precautionary Demand for Money: An Inventory Theoretical Analysis pp. 99-117

S C Tsiang

The Invalidity of the Dichotomy in the Pure Inside-Money Model pp. 118-21

Suraj B Gupta

The Relative Decline of Commercial Banks: A Note pp. 122-29

Joseph M Burns

The Substitution Effects of Transportation Costs pp. 130-37

John P Gould and Joel Segall

Mishan on Progress: A Review Note pp. 138-40

Roger W Weiss

The "Taxicab Problem": A Proposed Solution pp. 141-47

Daniel Orr