Journal of Political Economy

1893 - 2025

From University of Chicago Press
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Volume 72, issue 6, 1964

Advertising and Competition pp. 537

Lester G. Telser

Multiplier and Velocity Analysis: An Evaluation pp. 563

Thomas Mayer

Adjustment to Senility by Induced Contraction pp. 575

Simon Rottenberg

The Purchasing-Power Parity Doctrine: A Reappraisal pp. 584

Bela Balassa

Tariff Dispersion and Trade Negotiations pp. 597

Richard N. Cooper

Tax Deductibility of Economic Depreciation to Insure Invariant Valuations pp. 604

Paul A. Samuelson

Speculation and Price Stability Once Again pp. 607

Robert Z. Aliber

The Demand for Labor in a Classical and Keynesian Framework pp. 610

E. J. Mishan

Volume 72, issue 5, 1964

Interest Payments on Demand Deposits and Bank Investment Behavior pp. 431

George J. Benston

Schultz, Denison, and the Contribution of "Eds" to National Income Growth pp. 450

Mary Jean Bowman

A Geometrical Analysis of Some Theorems on Steady Growth pp. 476

N. F. Laing

How to Make a Burden of the Public Debt: A Reply to Mishan pp. 483

Franco Modigliani

Confessions of a Burden Monger pp. 486

James Buchanan

Comment on "How to Make a Burden of the Public Debt" pp. 489

John C. Hause

The Burden of the Public Debt: A Rejoinder pp. 491

E. J. Mishan

Comparison of the Equilibrium Labor Supply under Proportional and Progressive Taxation pp. 496

Malcolm Levitt

The Demand for Money: A Note from the Time Series pp. 498

T. J. Courchene and H. T. Shapiro

A Little More Evidence from the Time Series pp. 504

Allan Meltzer

Collusion in the Auction Market for Treasury Bills pp. 509

Michael Rieber

Comment on "Collusion in the Auction Market for Treasury Bills" pp. 513

Milton Friedman

Collusion in the Auction Market for Treasury Bills: Rejoinder pp. 515

Michael Rieber

Volume 72, issue 4, 1964

Industrial Research and Development Expenditures: Determinants, Prospects, and Relation to Size of Firm and Inventive Output pp. 319

Edwin Mansfield

A Theory of Long-Run International Capital Movements pp. 341

George H. Borts

Price Stability and Development in Mainland China (1951-63) pp. 360

Dwight Perkins

The Economics of Nationalism pp. 376

Albert Breton

The Economics of Charity: Loans versus Grants pp. 387

Wilson E. Schmidt

The Role of Entry in Oligopoly Theory pp. 396

Dale K. Osborne

Union-Non-Union Wage Differentials Revisited pp. 403

David E. Kaun

Wage Levels and Employment Structure in United States Regions: A Free Trade Precedent pp. 414

Ronald Wonnacott

Volume 72, issue 3, 1964

Some Empirical Tests of Monetary Management and of Rules versus Discretion pp. 211

Franco Modigliani

The Survival Technique and the Extent of Suboptimal Capacity pp. 246

Leonard W. Weiss

Economic Concentration and Monopoly in Japan pp. 262

Eugene Rotwein

A Model of Market Areas with Free Entry pp. 278

Edwin S. Mills and Michael R. Lav

Income Variability and the Analysis of Income Size pp. 289

David S. Huang and John G. Myers

The Real-Balance Effect and the Slutsky Equation pp. 295

Cliff Lloyd

Cobweb Cycles and Partially Correct Forecasting pp. 300

K. W. Rothschild

Estimates of Rates of Saving pp. 306

Charles A. Lininger

International Burden-sharing: Comment pp. 312

James E. Price

The Nature of Equilibrium in Monopolistic Competition: Reply to Mr. Demsetz pp. 314

Edward H. Chamberlin

Volume 72, issue 2, 1964

The Objectives of Canadian Monetary Policy, 1949-61: Empirical "Trade-Offs" and the Reaction Function of the Authorities pp. 109

G. L. Reuber

The Production Function and Technical Change in the Steam-Power Industry pp. 133

Yoram Barzel

Economic Effects of Broadcast Licensing pp. 151

Harvey J. Levin

Elements of a Theory of Stock-Option Value pp. 163

A. James Boness

The Financial Structure of Manufacturing Corporations and the Demand for Money: Some Empirical Findings pp. 176

William J. Frazer and Jr.

Alternative Tax Incentives for Investment pp. 184

E. William Dinkelacker

Marginal Cost of Hot Money pp. 189

H. Peter Gray

On the Dynamic Effects of a Customs Union pp. 193

Mordechai Kreinin

A Note on the Substitution of Inanimate for Animal Power pp. 196

Richard B. Du Boff

Volume 72, issue 1, 1964

A Model of the Canadian Economy Under Fixed and Fluctuating Exchange Rates pp. 1

Rudolf R. Rhomberg

Volume 71, issue 6, 1963

How to Make a Burden of the Public Debt pp. 529

E. J. Mishan

The Effect of Unemployment on Juvenile Delinquency pp. 543

Belton Fleisher

Size of Firm, Market Structure, and Innovation pp. 556

Edwin Mansfield

A Note on the Impact of Devaluation and the Redistributive Effect pp. 577

Carlos F. Diaz Alejandro

Balance Requirements and Deposit Competition pp. 581

Richard G. Davis and Jack M. Guttentag

Total Productivity and the Quality of Capital pp. 586

Evsey D. Domar

More about Counter-Speculation in the Forward Exchange Market pp. 589

R. Z. Aliber

Volume 71, issue 5, 1963

New Methods in Statistical Economics pp. 421

Benoît Mandelbrot

The Microfoundations of the Social Investment Function pp. 441

James G. Witte and Jr.

The Economics of Earmarked Taxes pp. 457

James Buchanan

The Economics of Discrimination pp. 481

Anne O. Krueger

The Origins of the "Chicago School(s)"? pp. 487

A. W. Coats

Counter-Speculation in the Forward Exchange Market: Some Further Comments pp. 494

Henry Goldstein

Investment in Human Capital: A Comment pp. 501

R. S. Eckaus

Irrational Behavior and Economic Theory: A Comment pp. 505

John F. Chant

Volume 71, issue 4, 1963

The Political Arithmetic of International Burden-Sharing pp. 309

Irving B. Kravis and Michael W. S. Davenport

The Sources of Measured Productivity Growth: United States Agriculture, 1940-60 pp. 331

Zvi Griliches

Monetary Policy, Taxes, and the Rate of Interest pp. 347

Boris P. Pesek and Thomas R. Saving

The Recent Development of the Money and Banking System of Yugoslavia pp. 363

Milos Vuckovic

The Climax of the Bank War: Biddle's Contraction, 1833-34 pp. 378

Jacob P. Meerman

Eight Decades of Inflation in Chile, 1879-1959: A Political Interpretation pp. 389

Tom E. Davis

On the Economics of Post-World War III pp. 398

Ronald G. Ridker

Vault Cash and the Shift in the Desired Level of Free Reserves pp. 408

Giorgio Basevi

Effects of Stabilization pp. 413

Gordon Tullock

Volume 71, issue 3, 1963

Expenditure Plans and the Uncertainty Motive for Holding Money pp. 201

R. C. O. Matthews

The Demand for Money: The Evidence from the Time Series pp. 219

Allan Meltzer

Value of Time, Choice of Mode, and the Subsidy Issue in Urban Transportation pp. 247

Leon N. Moses, Harold F. Williamson and Jr.

The New Economic Policy (NEP) as an Economic System pp. 265

V. N. Bandera

Inflation and Real Interest pp. 280

Robert Mundell

The Substitution of Inanimate Energy for Animal Power pp. 284

Edward F. Renshaw

Balm for the Visiting Economist pp. 293

M. Bronfenbrenner

Volume 71, issue 2, 1963

Business Pricing Policies and Inflation pp. 116

Horace J. Depodwin and Richard T. Selden

Total and Private Rates of Return to Investment in Schooling pp. 128

W. Lee Hansen

Free Reserves, Total Reserves, and Monetary Control pp. 141

William G. Dewald

Relative Economic Growth Rates and Fiscal-Monetary Policies pp. 154

Beryl W. Sprinkel

Expectations, Errors, and the Term Structure of Interest Rates pp. 160

John H. Wood

Castro and Economic Man, or What is a Prisoner Worth? pp. 172

Burton A. Weisbrod

Bronfenbrenner on Monetary Rules: A Comment pp. 173

Donald P. Tucker

Consumer Response to the Relative Price of Store versus Delivered Milk pp. 180

Margaret G. Reid

Volume 71, issue 1, 1963

An "Agricultural Surplus" as a Factor in Economic Development pp. 1

William H. Nicholls