Econometrica - Volume 49
Issue 1
Submission of Manuscripts to Econometrica
Production Sets with Indivisibilities, Part I: Generalities
Herbert E. Scarf
p. 1-32
Applied Welfare Economics with Discrete Choice Models
Harvey S. Rosen, Kenneth A. Small
p. 105-130
Efficiency and Speculation in a Model with Price-Contingent Contracts
Lars E. O. Svensson
p. 131-151
Criteres Simples pour la Prise en Compte du Risque
Claude Henry
p. 153-170
Rational Expectations in Stationary Linear Models
Carl A. Futia
p. 171-192
Sets of Estimates of Location
Edward E. Leamer
p. 193-204
Notes and Comments: OLS Estimation in a Model Where a Microvariable is Explained by Aggregates and Contemporaneous Disturbances are Equicorrelated
T. Kloek
p. 205-207
Notes and Comments: The Determinateness Test and Economic Price Indices
Rolf Fare, Vern Lyon
p. 209-213
Notes and Comments: The Existence of Expected Utility Maximizing Decisions when Utility is Unbounded
John Kennan
p. 215-218
Notes and Comments: An Axiomatic Characterization of Common Knowledge
Paul Milgrom
p. 219-222
1981 Summer Meeting of the Econometric Society
p. 223-223
European Meeting of the Econometric Society, Amsterdam, 1981: Announcement and Call for Papers
p. 223-223
Winter 1981 Econometric Society North American Meetings
p. 223-224
Accepted Manuscripts
p. 224-225
Award of Frisch Medal for 1980
p. 227-227
Report of the Secretary
Julie P. Gordon
p. 229-233
Report of the Treasurer
Robert J. Gordon
p. 235-240
Report of the Editor
Hugo Sonnenschein
p. 241-243
Report of the Program Chairman, Fourth World Congress of the Econometric Society
Werner Hildenbrand
p. 245-246
Program of the Econometric Society World Congress
p. 247-276
Errata: The Durbin-Watson Test for Serial Correlation when there is No Intercept in the Regression
R. W. Farebrother
p. 277-277
Errata: The Fine Structure of Earnings and the On-the-Job Training Hypothesis
John C. Hause
p. 277-277
Resource Allocation Under Asymmetric Information
Milton Harris, Robert M. Townsend
p. 33-64
A Simple Incentive Compatible Scheme for Attaining Lindahl Allocations
Mark Walker
p. 65-71
What is the Normal Rate of Convergence of the Core? (Part I)
Hsueh-Cheng Cheng
p. 73-83
Resource Depletion Under Technological Uncertainty
Joseph Stiglitz, Partha Dasgupta
p. 85-104
Issue 2
Submission of Manuscripts to Econometrica
Stability, Disequilibrium Awareness, and the Perception of New Opportunities
Franklin M. Fisher
p. 279-317
The Stability of Steady States in Perfect Foresight Models
John P. Laitner
p. 319-333
Value of Information with Sequential Futures Markets
Jerry Green
p. 335-358
Myopic Economic Agents
Donald J. Brown, Lucinda M. Lewis
p. 359-368
A Social Coalitional Equilibrium Existence Lemma
Tatsuro Ichiishi
p. 369-377
Consumer Surplus when Preferences are Intransitive: Analysis and Interpretation
John Fountain
p. 379-394
Production Sets with Indivisibilities, Part II: The Case of Two Activities
Herbert E. Scarf
p. 395-423
Durability and Taxes: Market Structure and Quasi-Capital Market Distortion
Peter L. Swan
p. 425-435
Job Matching with Heterogeneous Firms and Workers
Elsie Marie Knoer, Vincent P. Crawford
p. 437-450
A Comparison of the Labor Force Behavior of Married Women in the United States and Canada, with Special Attention to the Impact of Income Taxes
Alice Nakamura, Masao Nakamura
p. 451-489
What do Economists Know? An Empirical Study of Experts' Expectations
Bryan W. Brown, Shlomo Maital
p. 491-504
On the Asymptotic Bias of the Ordinary Least Squares Estimator of the Tobit Model
William H. Greene
p. 505-513
Notes and Comments: Contemporaneous Correlation in Wage Contract Studies
W. Craig Riddell
p. 515-516
Notes and Comments: Estimation of Time-Independent Markov Processes with Aggregate Data: A Comparison of Techniques
Christina M. L. Kelton
p. 517-518
Notes and Comments: Une Solution Pour R.A.S.
C. Bidard
p. 519-523
Notes and Comments: Note on a New Measure of Poverty
Nanak Kakwani
p. 525-526
Notes and Comments: Stability of Aggregation Procedures, Ultrafilters, and Simple Games
Bernard Monjardet, Jean-Marie Blin, Pierre Batteau
p. 527-534
Notes and Comments: Nash's Bargaining Solution and Utilitarian Choice Rules
William Thomson
p. 535-538
Accepted Manuscripts
p. 539-540
European Meeting of the Econometric Society, Amsterdam, 1981
p. 539-539
Winter 1981 Econometric Society North American Meetings
p. 539-539
Program of the 1980 North American Winter Meeting of the Econometric Society
p. 541-553
Errata: Double k-Class Estimators of Coefficients in Linear Regression
A. Ullah, S. Ullah
p. 554-554
Errata: Statistical Inference in an Implicit, Nonlinear, Simultaneous Equation Model in the Context of Maximum Likelihood Estimation
A. Ronald Gallant, Alberto Holly
p. 554-554
Issue 3
The Present-Value Relation: Tests Based on Implied Variance Bounds
Richard D. Porter, Stephen F. LeRoy
p. 555-574
Futures Trading, Rational Expectations, and the Efficient Markets Hypothesis
Margaret Bray
p. 575-596
Distortion of Utilities and the Bargaining Problem
Joel Sobel
p. 597-619
Some Stronger Measures of Risk Aversion in the Small and the Large with Applications
Stephen A. Ross
p. 621-638
Diversified Consumption Characteristics and Conditionally Dispersed Endowment Distribution: Regularizing Effect and Existence of Equilibria
Akira Yamazaki
p. 639-654
Generalized Duality and Integrability
Larry G. Epstein
p. 655-678
Infinite Horizon Programs
Michael J. P. Magill
p. 679-711
A Critique of Tiebout's Theory of Local Public Expenditures
Truman F. Bewley
p. 713-740
Spurious Periodicity in Inappropriately Detrended Time Series
Charles R. Nelson, Heejoon Kang
p. 741-751
Testing For Unit Roots: 1
G. B. A. Evans, N. E. Savin
p. 753-779
Several Tests for Model Specification in the Presence of Alternative Hypotheses
James G. MacKinnon, Russell Davidson
p. 781-793
Notes and Comments: Sample Selection Bias as a Specification Error: A Comment
William H. Greene
p. 795-798
Accepted Manuscripts
p. 799-799
European Meeting of the Econometric Society, Amsterdam, 1981: Announcement and Call for Papers
p. 799-799
1980 Election of Fellows of the Econometric Society
p. 802-806
Fellows of the Econometric Society as of January, 1981
p. 807-817
Submission of Manuscripts to Econometrica
p. 818-818
Issue 4
[Photograph]: John D. Sargan, President of the Econometric Society, 1980; First Vice-President of the Econometric Society, 1979; Second Vice-President of the Econometric Society, 1978
Submission of Manuscripts to Econometrica
Stochastic Properties of Fast vs. Slow Growing Economies
Jean-Pierre Danthine, John B. Donaldson
p. 1007-1033
Exact Density Functions and Approximate Critical Regions for Likelihood Ratio Identifiability Test Statistics
George F. Rhodes, Jr.
p. 1035-1055
Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root
David A. Dickey, Wayne A. Fuller
p. 1057-1072
Notes and Comments: Lagged Endogenous Variables and the Cochrane-Orcutt Procedure
Harry Kelejian, Roger Betancourt
p. 1073-1078
Notes and Comments: A Limited Information Specification Test
David E. Spencer, Kenneth N. Berk
p. 1079-1085
Notes and Comments: A Note on the Turnpike Properties of Time Dependent Supergames
James W. Friedman
p. 1087-1088
Accepted Manuscripts
p. 1089-1089
The Classical Theorem on Existence of Competitive Equilibrium
Lionel W. McKenzie
p. 819-841
Intergenerational Transfers and the Distribution of Earnings
Glenn C. Loury
p. 843-867
Equity Oriented Fiscal Programs
John C. H. Fei
p. 869-881
Utilitarianism, Egalitarianism, and the Timing Effect in Social Choice Problems
Roger B. Myerson
p. 883-897
k-Monotone Social Decision Functions and the Veto
Rajat Deb
p. 899-909
Risk Aversion with Random Initial Wealth
David Romer, Richard E. Kihlstrom, Steve Williams
p. 911-920
Rational Expectations, Information Acquisition, and Competitive Bidding
Paul R. Milgrom
p. 921-943
Fixed Costs and Labor Supply
John F. Cogan
p. 945-963
Individual Effects in a Nonlinear Model: Explicit Treatment of Heterogeneity in the Empirical Job-Search Model
George R. Neumann, Nicholas M. Kiefer
p. 965-979
A Disaggregate Model of the Demand for Intercity Freight Transportation
Clifford Winston
p. 981-1006
Issue 5
Submission of Manuscripts to Econometrica
Short-Run Production Functions Based on Microdata
Werner Hildenbrand
p. 1095-1125
Monitoring Cooperative Agreements in a Repeated Principal-Agent Relationship
Roy Radner
p. 1127-1148
Nash Equilibrium and the Industrial Organization of Markets with Large Fixed Costs
Sanford J. Grossman
p. 1149-1172
Generic Existence of Completely Revealing Equilibria for Economies with Uncertainty when Prices Convey Information
Beth Allen
p. 1173-1199
Competitive Price Adjustment without Market Clearing
Edward Zabel
p. 1201-1221
Necessary and Sufficient Conditions for @s-Relative Majority Voting Equilibria
Peter J. Coughlin
p. 1223-1224
The Measurement of Deadweight Loss Revisited
W. E. Diewert
p. 1225-1244
Optimal Taxes and the Structure of Preferences
Angus Deaton
p. 1245-1260
Funding Criteria for Research, Development, and Exploration Projects
Kevin Roberts, Martin L. Weitzman
p. 1261-1288
Maximum Likelihood Estimator for Choice-Based Samples
Stephen R. Cosslett
p. 1289-1316
A Test for Misspecification in the Censored Normal Model
Forrest D. Nelson
p. 1317-1329
Prediction from the Dynamic Simultaneous Equation Model with Vector Autoregressive Errors
Richard T. Baillie
p. 1331-1337
Notes and Comments: Further Results on the Value of Sample Separation Information
Peter Schmidt
p. 1339-1343
Notes and Comments: On Path Independent Randomized Choice
Mark J. Machina, Robert P. Parks
p. 1345-1347
Notes and Comments: The Impact of Schooling on Wages
Glenn M. MacDonald
p. 1349-1359
Accepted Manscripts
p. 1360-1360
Issue 6
Functional Forms for Labor Supply and Commodity Demands with and without Quantity Restrictions
Angus Deaton, John Muellbauer
p. 1521-1532
Demographic Variables in Demand Analysis
Robert A. Pollak, Terence J. Wales
p. 1533-1551
Second Thoughts on Wald's Cost-of-Living Index and Frisch's Double Expenditure Method
Bert M. Balk
p. 1553-1558
Optimal Spending and Money Holdings in the Presence of Liquidity Constraints
Elhanan Helpman
p. 1559-1570
Notes and Comments: The Durbin-Watson Test for Serial Correlation: Bounds for Regressions with Trend and/or Seasonal Dummy Variables
Maxwell L. King
p. 1571-1581
Notes and Comments: On the Relationships Among Several Specification Error Tests Presented by Durbin, Wu, and Hausman
Alice Nakamura, Masao Nakamura
p. 1583-1588
Notes and Comments: A Note on the Consistency of the GLS Estimator in Triangular Structural Systems
Robert F. Cotterman
p. 1589-1591
Notes and Comments: A Note on the Variance of Ex-Post Forecasts in Econometric Models
Giorgio Calzolari
p. 1593-1595
Notes and Comments: A Random Voting Graph Almost Surely has a Hamiltonian Cycle when the Number of Alternatives is Large
Colin E. Bell
p. 1597-1603
Notes and Comments: A Condition Guaranteeing the Optimality of Public Choice
Rafael Rob
p. 1605-1613
1982 Summer Meeting of the Econometric Society
p. 1614-1615
Accepted Manuscripts
p. 1615-1615
North American Summer Meeting of the Econometric Society
p. 1617-1617
Program of the 1981 North American Summer Meeting of the Econometric Society
p. 1618-1623
Econometrics Faced with the Needs of Macroeconomic Policy
E. Malinvaud
p. 1363-1375
Panel Data and Unobservable Individual Effects
Jerry A. Hausman, William E. Taylor
p. 1377-1398
Random Effects, Fixed Effects, Convolution, and Separation
Joseph A. Yahav, Yair Mundlak
p. 1399-1416
Biases in Dynamic Models with Fixed Effects
Stephen Nickell
p. 1417-1426
The Approximate Slopes of Econometric Tests
John Geweke
p. 1427-1442
On the Invariance of the Lagrange Multiplier Test with Respect to Certain Changes in the Alternative Hypothesis
L. G. Godfrey
p. 1443-1455
Core Theory with Strongly Convex Preferences
Robert M. Anderson
p. 1457-1468
Pareto Superiority of Unegalitarian Equilibria in Stiglitz' Model of Wealth Distribution with Convex Saving Function
Francois Bourguignon
p. 1469-1475
Allocation Mechanisms and the Design of Auctions
Artur Raviv, Milton Harris
p. 1477-1499
The Comparative Statics of Hedonic Price Functions and Other Nonlinear Constraints
Lee E. Edlefsen
p. 1501-1520