Econometrica - Volume 46
Issue 1
[Photograph]: Lionel W. McKenzie, President of the Econometric Society, 1977; First Vice-President of the Econometric Society, 1976; Second Vice-President of the Econometric Society, 1975
Bayesian Estimates of Equation System Parameters: An Application of Integration by Monte Carlo
H. K. van Dijk, T. Kloek
p. 1-19
Wage and Price Controls in a Dynamic Macro Model
Uri M. Possen
p. 105-125
Approximate Efficiency of Non-Walrasian Nash Equilibria
A. Postlewaite, D. Schmeidler
p. 127-136
Induced Preferences on Trades when Preferences May Be Intransitive and Incomplete
Trout Rader
p. 137-146
A Note on the Characterization of Mechanisms for the Revelation of Preferences
Mark Walker
p. 147-152
Consistent Voting Systems
Bezalel Peleg
p. 153-161
On Nicely Consistent Voting Systems
Bhaskar Dutta, Prasanta K. Pattanaik
p. 163-170
Realization of Choice Functions
Donald E. Campbell
p. 171-180
Admissible Sets of Utility Functions in Expected Utility Maximization
Tae Kun Seo, William R. Russell
p. 181-184
Temporal Resolution of Uncertainty and Dynamic Choice Theory
David M. Kreps, Evan L. Porteus
p. 185-200
Exploitation of Many Deposits of an Exhaustible Resource
John M. Hartwick
p. 201-217
Approximating the Exact Finite Sample Distribution of a Spectral Estimator
D. S. Poskitt
p. 21-32
Extermination of Self-Reproducible Natural Resources under Competitive Conditions
Michael Hoel
p. 219-224
Notes and Comments: A Note on the Use of Durbin's h Tests when the Equation is Estimated by Instrumental Variables
L. G. Godfrey
p. 225-228
Notes and Comments: Indeterminacy of the Chow Test when the Number of Observations Is Insufficient
John D. Rea
p. 229-229
Notes and Comments: Identification and Estimation of Consumer Unit Scales
A. L. Nagar, Balvir Singh
p. 231-233
Computer Algorithms: A Program for Stochastic Simulation of Econometric Models
Carlo Bianchi, Giorgio Calzolari, Paolo Corsi
p. 235-236
Computer Algorithms: A Computer Program for Inequality Constrained Least-Squares Estimation
Chong K. Liew, Jae K. Shim
p. 237-237
Computer Algorithms: A General Computer for Econometric Models--Shazam
Kenneth J. White
p. 239-240
Computer Algorithms: A Fast and Simple Method to Find Rank and Basis for a Matrix
Balder Von Hohenbalken
p. 241-242
1978 Meetings of the Econometric Society
p. 243-243
1978 Summer Meeting of the Econometric Society in Boulder
p. 243-243
Fall 1978 Econometric Society Meetings in Chicago
p. 243-243
1978 European Meeting of the Econometric Society in Geneva
p. 244-244
Accepted Manuscripts
p. 244-244
A Note of Appreciation
Lionel McKenzie
p. 246-246
Report of the Secretary
Julie P. Gordon
p. 247-251
Report of the Treasurer
Robert J. Gordon
p. 251-257
Report of the Editor
Franklin M. Fisher
p. 257-259
Program of the Econometric Society Summer European Meeting, September 6-9, 1977, Vienna, Austria
p. 260-267
Regression Quantiles
Gilbert Bassett, Jr., Roger Koenker
p. 33-50
A Maximum Likelihood Procedure for Regression with Autocorrelated Errors
Charles M. Beach, James G. MacKinnon
p. 51-58
Testing for Autocorrelation with Missing Observations
Kenneth J. White, N. E. Savin
p. 59-67
On the Pooling of Time Series and Cross Section Data
Yair Mundlak
p. 69-85
The Bilinear Complementarity Problem and Competitive Equilibria of Piecewise Linear Economic Models
Robert Wilson
p. 87-103
Issue 2
Efficiency in the Optimum Supply of Public Goods
Eytan Sheshinski, Joseph E. Stiglitz, Lawrence J. Lau
p. 269-284
How Long is a Spell of Unemployment?
Robert H. Frank
p. 285-302
On Inequality Comparisons
Gary S. Fields, John C. H. Fei
p. 303-316
Intermediate Preferences and the Majority Rule
Jean-Michel Grandmont
p. 317-330
On a Difficulty in the Analysis of Strategic Voting
Manimay Sengupta
p. 331-343
Estimation of Demand Systems Generated by the Gorman Polar Form; A Generalization of the S-Branch Utility Tree
Charles Blackorby, R. Robert Russell, Richard Boyce
p. 345-363
Aggregate CES Input Demand with Polytomous Micro Demand
Anthony G. Lawrence, Richard J. McDonald
p. 365-378
Joint Production Technology: The Case of Petrochemicals
James M. Griffin
p. 379-396
Increasing Returns in General Non-Competitive Analysis
Joaquim Silvestre
p. 397-402
A Conditional Probit Model for Qualitative Choice: Discrete Decisions Recognizing Interdependence and Heterogeneous Preferences
David A. Wise, Jerry A. Hausman
p. 403-426
Discrete Parameter Variation: Efficient Estimation of a Switching Regression Model
Nicholas M. Kiefer
p. 427-434
Constrained Indirect Least Squares Estimators
Leon L. Wegge
p. 435-449
A Note on a Central Limit Theorem
E. J. Hannan
p. 451-453
Notes and Comments: A Note on Budgeting, Separability, and Generalized Separability
Peter Simmons
p. 455-458
Notes and Comments: A Function for Size Distribution of Incomes: Comment
J. S. Cramer
p. 459-460
Notes and Comments: A Function for Size Distribution of Incomes: Reply
G. S. Maddala, S. K. Singh
p. 461-461
Notes and Comments: On the Asymptotic Distribution of Impact and Interim Multipliers
Leonard Gill, Sophocles N. Brissimis
p. 463-469
Notes and Comments: A Note of Correction to Guilkey's Test for Serial Independence in Simultaneous Equations Models
Athol Maritz
p. 471-471
Notes and Comments: Some Remarks on the Algorithm of Pindyck
Gotz Uebe, Joachim Fischer
p. 473-476
Computer Algorithms: A Program for Causal and Qualitative Analysis of Economic Models--ANAS
G. Ritschard, M. Gilli
p. 477-478
Computer Algorithms: A Computer Program for Seemingly Unrelated Nonlinear Regressions
David J. Faurot, Vincy Fon
p. 479-479
Computer Algorithms: A Program for Nonlinear Multivariate Regression--GCM
J. J. Snella
p. 481-481
1978 Meetings of the Econometric Society
p. 483-483
1978 Summer Meeting of the Econometric Society in Boulder
p. 483-483
Fall 1978 Econometric Society Meetings in Chicago
p. 483-484
1978 European Meeting of the Econometric Society in Geneva
p. 484-484
Nominations for Society Fellows
p. 484-484
Selected Articles for Publication in the Journal Econometrica
p. 484-485
Accepted Manuscripts
p. 485-485
Election of Fellows, 1977
p. 487-491
Issue 3
Choice of Product Quality: Equilibrium and Efficiency
Jacques H. Dreze, Kare P. Hagen
p. 493-513
Transversality Condition in a Multi-Sector Economy under Uncertainty
Itzhak Zilcha
p. 515-525
Optimal Growth with a Convex-Concave Production Function
A. K. Skiba
p. 527-539
An Equilibrium Existence Theorem without Convexity Assumptions
Akira Yamazaki
p. 541-555
Economic Equilibrium and Catastrophe Theory: An Introduction
Yves Balasko
p. 557-569
Non-Convexifiable Pareto Sets
Rolf Mantel, Yakar Kannai
p. 571-575
Competitive Exchange
Robert Wilson
p. 577-585
The Nash Solution and the Utility of Bargaining
Alvin E. Roth
p. 587-594
Straightforwardness of Game Forms with Lotteries as Outcomes
Allan Gibbard
p. 595-614
A Method for Computing Optimal Decision Rules for a Competitive Firm
J. F. O’Connor
p. 615-630
Simultaneity in the Birth Rate Equation: The Effects of Eduction, Labor Force Participation, Income and Health
Darius J. Conger, John M. Campbell, Jr.
p. 631-641
Temporal Aggregation in the Multiple Regression Model
John Geweke
p. 643-661
The Heteroscedastic Linear Model: Exact Finite Sample Results
William E. Taylor
p. 663-675
Testing Non-Nested Nonlinear Regression Models
A. S. Deaton, M. H. Pesaran
p. 677-694
A Modified Stein-like Estimator for the Reduced Form Coefficients of Simultaneous Equations
Esfandiar Maasoumi
p. 695-703
Double k-Class Estimators of Coefficients in Linear Regression
Aman Ullah, Shobha Ullah
p. 705-722
Notes and Comments: The Computation of Equilibrium Prices
Parkash Chander
p. 723-726
Accepted Manuscripts
p. 727-727
Program of the North American Winter Meeting of the Econometric Society, December 28-30, 1977, New York, New York
p. 729-738
Issue 4
Examination of Environmental Policies Using Production and Pollution Microparameter Distributions
David Zilberman, Eithan Hochman
p. 739-760
On a Planning Process Due to Taylor
Parkash Chander
p. 761-777
Existence and Computation of a Tiebout General Equilibrium
Donald K. Richter
p. 779-805
Information, Efficiency, and the Core of an Economy
Robert Wilson
p. 807-816
Ordinal Preferences and Uncertain Lifetimes
Peter C. Fishburn
p. 817-833
Advantageous Reallocations of Initial Resources
Jean-Jacques Laffont, Roger Guesnerie
p. 835-841
The Linear Logarithmic Expenditure System: An Application to Consumption-Leisure Choice
Lawrence J. Lau, Pan A. Yotopoulos, Wuu-Long Lin
p. 843-868
Testing Price Equations for Stability Across Spectral Frequency Bands
Robert F. Engle
p. 869-881
Superlative Index Numbers and Consistency in Aggregation
W. E. Diewert
p. 883-900
Nonlinear Estimation and Asymptotic Approximations
James B. Ramsey
p. 901-929
Dummy Endogenous Variables in a Simultaneous Equation System
James J. Heckman
p. 931-959
Least-Squares versus Instrumental Variables Estimation in a Simple Errors in Variables Model
Edward E. Leamer
p. 961-968
Identifiability and Consistent Estimability in Econometric Models
Hans-Gunther Seifert, Manfred Deistler
p. 969-980
Accepted Manuscripts
p. 981-982
A Simple Method of Implementing the Box-Cox Test for Functional Form
p. 982-982
Errata: A Note on the Characterization of Mechanisms for the Revelation of Preferences
Mark Walker
p. 983-983
Errata: The Nash Solution and the Utility of Bargaining
Alvin E. Roth
p. 983-983
Issue 5
The Measurement of Mobility
A. F. Shorrocks
p. 1013-1024
The Demand for Leisure and Money
Louis Phlips
p. 1025-1043
A New Representation of Preferences over "Certain x Uncertain" Consumption Pairs: The "Ordinal Certainty Equivalent" Hypothesis
Larry Selden
p. 1045-1060
Competitive Speculation
Meir Kohn
p. 1061-1076
A Multiperiod Equilibrium Asset Pricing Model
M. G. Subrahmanyam, R. C. Stapleton
p. 1077-1096
Effective Price Mechanisms
Carl P. Simon, Donald G. Saari
p. 1097-1125
The Fixed Price Equilibria: Some Results in Local Comparative Statics
Guy Laroque
p. 1127-1154
Existence of Equilibrium in Infinite Economies with Production
Salim Rashid
p. 1155-1164
The Sensitivity of Fiscal Policy Effects to Assumptions about the Behavior of the Federal Reserve
Ray C. Fair
p. 1165-1179
Estimation of a Distributed Lag Model under Quadratic Loss
P. K. Trivedi
p. 1181-1192
The Estimation of a Simultaneous Equation Generalized Probit Model
Takeshi Amemiya
p. 1193-1205
Notes and Comments: A Note on the Interpretation of Regression Coefficients within a Class of Truncated Distributions
Angelo Melino, Dale J. Poirier
p. 1207-1209
Notes and Comments: Note on the Uniqueness of the Maximum Likelihood Estimator for the Tobit Model
Randall J. Olsen
p. 1211-1215
Notes and Comments: On the Estimation of Triangular Structural Systems
Kajal Lahiri, Peter Schmidt
p. 1217-1221
Notes and Comments: Bounds for the Bias of the LS Estimator of @s^2 in the Case of a First-Order (Positive) Autoregressive Process when the Regression Contains a Constant Term
H. Neudecker
p. 1223-1226
Notes and Comments: A Note on Dynamic Simulation Forecasts and Stochastic Forecast-Period Exogenous Variables
Peter Schmidt
p. 1227-1230
Notes and Comments: Investment Decision Rules, Diversification, and the Investors's Initial Wealth
Haim Levy, Yoram Kroll
p. 1231-1237
Notes and Comments: A Note on "Marx in the Light of Modern Economic Theory" by M. Morishima
Andras Simonovits
p. 1239-1241
Notes and Comments: Marx in the Light of Modern Economic Theory: A Reply
Michio Morishma
p. 1243-1243
Report on the Presidency for 1977 to the Council of the Econometric Society
Lionel McKenzie
p. 1245-1247
Accepted Manuscripts
p. 1249-1249
Erratum: [Econometrica Twenty-Five Year Index]
p. 1250-1250
Dynamic Aspects of Earning Mobility
Lee A. Lillard, Robert J. Willis
p. 985-1012
Issue 6
Specification Tests in Econometrics
J. A. Hausman
p. 1251-1271
Information Criteria for Discriminating Among Alternative Regression Models
Takamitsu Sawa
p. 1273-1291
Testing Against General Autoregressive and Moving Average Error Models when the Regressors Include Lagged Dependent Variables
L. G. Godfrey
p. 1293-1301
Testing for Higher Order Serial Correlation in Regression Equations when the Regressors Include Lagged Dependent Variables
L. G. Godfrey
p. 1303-1310
A Class of Parametric Tests for Heteroscedasticity in Linear Econometric Models
Jerzy Szroeter
p. 1311-1327
On the Existence of the Moments of 3SLS Estimators
J. D. Sargan
p. 1329-1350
The Computation of FIML Estimates as Iterative Generalized Least Squares Estimates in Linear and Nonlinear Simultaneous Equations Models
Marcel G. Dagenais
p. 1351-1362
Decisions with Estimation Uncertainty
David S. Sibley, Lawrence C. Rafsky, Robert D. Willig, Roger W. Klein
p. 1363-1387
Two Linear Decentralized Procedures
Dominique Lacaze
p. 1389-1409
On the Time Consistency of Optimal Policy in a Monetary Economy
Guillermo A. Calvo
p. 1411-1428
Asset Prices in an Exchange Economy
Robert E. Lucas, Jr.
p. 1429-1445
Construction of Outcome Functions Guaranteeing Existence and Pareto Optimality of Nash Equilibria
David Schmeidler, Leonid Hurwicz
p. 1447-1474
Unequal Treatment in the Core
A. Khan, H. M. Polemarchakis
p. 1475-1481
An Elementary Core Equivalence Theorem
Robert M. Anderson
p. 1483-1487
Notes and Comments: On Durbin's and Sims' Residuals in Autocorrelation Tests
Shirley Cassing, Warren T. Dent
p. 1489-1492
Notes and Comments: An Alternative Derivation of Durbin's h Statistic
John Aldrich
p. 1493-1494
Notes and Comments: Efficiency of Two-Stage and Three-Stage Least Squares Estimators
Ramji Tiwari, V. K. Srivastava
p. 1495-1498
Notes and Comments: A Composite Good Theorem for Simple Sum Aggregates
Shmuel Sharir, Yoram Weiss
p. 1499-1501
Notes and Comments: A Note on "Aggregation in Leontief Matrices and the Labor Theory of Value"
Neven Mates
p. 1503-1504
1979 European Meeting of the Econometric Society in Athens
p. 1505-1505
Accepted Manuscripts
p. 1505-1506
The Econometric Society
