Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica - Volume 56

Issue 1

Back Matter

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Front Matter

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Experimental Tests of a Sequential Equilibrium Reputation Model

Colin Camerer, Keith Weigelt
p. 1-36

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The Student's t Approximation in a Stationary First Order Autoregressive Model

J. C. Nankervis, N. E. Savin
p. 119-145

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The Inverse Optimal Problem: A Dynamic Programming Approach

Fwu-Ranq Chang
p. 147-172

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Notes and Comments: Poverty Orderings

Anthony F. Shorrocks, James E. Foster
p. 173-177

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1988 Australasian Meetings of the Econometric Society: Announcement and Call for Papers

p. 179-180

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European Meeting of the Econometric Society, Bologna, Italy 1988: Announcement and Call for Papers

p. 179-179

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Nomination of Fellows, 1988

p. 179-179

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8th Latin American Meeting of the Econometric Society--1988: Call for Papers

p. 180-182

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North American Winter Meeting of the Econometric Society: Announcement and Call for Papers

p. 182-184

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Accepted Manuscripts

p. 184-185

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News Notes

p. 187-189

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Report of the Secretary

Julie P. Gordon
p. 191-196

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Report of the Treasurer

Robert J. Gordon
p. 197-203

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Report of the Editors

Angus S. Deaton, David Kreps, Lars-Peter Hansen, Roger Guesnerie
p. 205-207

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The Econometric Society Research Monograph Series: Report of the Editors

Charles Manski, Jean-Michel Grandmont
p. 209-209

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Submission of Manuscripts to the Econometric Society Monograph Series

p. 211-211

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Program of the Seventh Latin American Meeting of the Econometric Society

p. 213-230

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Program of the 1987 European Meeting of the Econometric Society

p. 231-252

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Program of the 1987 Far Eastern Meeting of the Econometric Society

p. 253-258

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Submission of Manuscripts to Econometrica

p. 264-264

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Dividend Innovations and Stock Price Volatility

Kenneth D. West
p. 37-61

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Rational Household Labor Supply

Pierre-Andre Chiappori
p. 63-90

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An Empirical Analysis of Life Cycle Fertility and Female Labor Supply

Robert A. Miller, V. Joseph Hotz
p. 91-118

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Issue 2

[Photograph]: Dale W. Jorgenson: President of the Econometric Society, 1987; First Vice-President of the Econometric Society, 1986; Second Vice-President of the Econometric Society, 1986

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Back Matter

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Front Matter

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Efficiency Wages and the Inter-Industry Wage Structure

Alan B. Krueger, Lawrence H. Summers
p. 259-293

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Road Damage Externalities and Road User Charges

David M. Newbery
p. 295-316

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An Econometric Analysis of Fluctuations in Aggregate Labor Supply and Demand

John Kennan
p. 317-333

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Intertemporal Preferences and Labor Supply

Finn E. Kydland, Guilherme L. Sedlacek, V. Joseph Hotz
p. 335-360

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The Second Welfare Theorem with Nonconvex Preferences

Robert M. Anderson
p. 361-382

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On the Theory of Infinitely Repeated Games with Discounting

Dilip Abreu
p. 383-396

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Finite Rationality and Interpersonal Complexity in Repeated Games

Ehud Kalai, William Stanford
p. 397-410

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Optimal Time-Consistent Fiscal Policy with Finite Lifetimes

Guillermo A. Calvo, Maurice Obstfeld
p. 411-432

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Conditions for Identification in Nonparametric and Parametric Models

Charles S. Roehrig
p. 433-447

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Managerial Task Assignment and Promotions

Joan E. Ricart I Costa
p. 449-466

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Notes and Comments: Analytic Derivatives for Estimation of Discrete-Time, Linear-Quadratic, Dynamic, Optimization Models

Peter Zadrozny
p. 467-472

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Notes and Comments: A General Approach to the Arbitrage Pricing Theory (APT)

Haim Reisman
p. 473-476

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Notes and Comments: The Rotterdam Model: An Approximation in Variable Space

Dean C. Mountain
p. 477-484

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1988 Australasian Meetings of the Econometric Society: Announcement and Call for Papers

p. 485-486

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European Meeting of the Econometric Society, Bologna, Italy 1988: Announcement and Call for Papers

p. 485-485

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Nomination of Fellows, 1988

p. 485-485

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North American Winter Meeting of the Econometric Society: Announcement and Call for Papers

p. 486-487

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1989 Australasian Meetings of the Econometric Society: Preliminary Announcement

p. 487-488

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Accepted Manuscripts

p. 488-488

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News Notes

p. 489-490

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Program of the 1987 Australasian Meeting of the Econometric Society

p. 491-495

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Erratum: Program of the 1986 North American Winter Meetings of the Econometric Society

p. 496-496

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Issue 3

Back Matter

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Front Matter

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Submission of Manuscripts to Econometrica

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Measuring the Effect of Subsidized Training Programs on Movements In and Out of Employment

Daniel Sullivan, David Card
p. 497-530

Full ContentAbstract

The Stochastic Difference Between Econometric Statistics

P. M. Robinson
p. 531-548

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A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs

Eric Maskin, Jean Tirole
p. 549-569

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A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles

Eric Maskin, Jean Tirole
p. 571-599

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On Delay in Bargaining with One-Sided Uncertainty

Faruk Gul, Hugo Sonnenschein
p. 601-611

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The Existence of Input and Output Aggregates in Aggregate Production Functions

Charles Blackorby, William Schworm
p. 613-643

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Trade Patterns under Uncertainty with Country Specific Shocks

Elhanan Helpman
p. 645-659

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Game Forms with Minimal Message Spaces

Stanley Reiter, Stefan Reichelstein
p. 661-692

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Strategy Space Reduction in Maskin's Theorem: Sufficient Conditions for Nash Implementation

Tatsuyoshi Saijo
p. 693-700

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Notes and Comments: Alternative Estimators of FIML Covariance Matrix: A Monte Carlo Study

Giorgio Calzolari, Lorenzo Panattoni
p. 701-714

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1989 Far Eastern Meeting of the Econometric Society: Announcement and Call for Papers

p. 715-716

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The Frisch Medal Award, 1978-1988

p. 715-715

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1989 Australasian Meetings of the Econometric Society: Preliminary Announcement

p. 716-716

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Accepted Manuscripts

p. 716-716

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News Notes

p. 717-717

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Report of the President

p. 719-719

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1987 Election of Fellows to the Econometric Society

p. 721-737

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Program of the 1987 North American Winter Meetings of the Econometric Society

p. 738-753

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Erratum: The Durable Goods Monopolist and Consistency with Increasing Costs

Charles Kahn
p. 754-754

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Issue 4

Back Matter

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Front Matter

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Submission of Manuscripts to Econometrica

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Incomplete Contracts and Renegotiation

John Moore, Oliver Hart
p. 755-785

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On 64%-Majority Rule

Andrew Caplin, Barry Nalebuff
p. 787-814

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Arbitrage and Diversification in a General Equilibrium Asset Economy

Frank Milne
p. 815-840

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Strategic Considerations in Invention and Innovation; The Case of Natural Resources Revisited

Trond E. Olsen
p. 841-849

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Aggregation of Information in Large Cournot Markets

Xavier Vives
p. 851-876

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Seasonality, Cost Shocks, and the Production Smoothing Model of Inventories

Jeffrey A. Miron, Stephen P. Zeldes
p. 877-908

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An Analysis of Substitution Bias in Measuring Inflation, 1959-85

Marilyn E. Manser, Richard J. McDonald
p. 909-930

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Root-N-Consistent Semiparametric Regression

P. M. Robinson
p. 931-954

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Optimal Experimental Design for Error Components Models

Dennis J. Aigner, Pietro Balestra
p. 955-971

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Estimating Risk Aversion from Arrow-Debreu Portfolio Choice

Hal R. Varian
p. 973-979

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Hedonic Prices and the Benefits of Public Projects

Yoshitsugu Kanemoto
p. 981-989

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1989 Australasian Meetings of the Econometric Society: Preliminary Announcement

p. 991-991

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1989 Far Eastern Meeting of the Econometric Society: Announcement and Call for Papers

p. 991-991

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1989 North American Summer Meeting of the Econometric Society: Call for Papers

p. 991-992

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Accepted Manuscripts

p. 993-993

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News Notes

p. 994-994

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Submission of Manuscripts to the Econometric Society Monograph Series

p. 995-995

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Issue 5

Australasian Meeting of the Econometric Society: Announcement and Call for Papers

p. 1241-1242

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Accepted Manuscripts

p. 1242-1243

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Call for Papers: Econometric Applications in Finance

p. 1242-1242

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News Notes

p. 1244-1245

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Approximate Power Functions for Some Robust Tests of Regression Coefficients

Thomas J. Rothenberg
p. 997-1019

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Back Matter

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Back Matter

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Submission of Manuscripts to Econometrica

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Regression Theory for Near-Integrated Time Series

P. C. B. Phillips
p. 1021-1043

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Controlling a Stochastic Process with Unknown Parameters

David Easley, Nicholas M. Kiefer
p. 1045-1064

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On the Formulation of Wald Tests of Nonlinear Restrictions

Joon Y. Park, P. C. B. Phillips
p. 1065-1083

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Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets

Charles R. Plott, Shyam Sunder
p. 1085-1118

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Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets

Arlington W. Williams, Gerry L. Suchanek, Vernon L. Smith
p. 1119-1151

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The Dynamics of Incentive Contracts

Jean Tirole, Jean-Jacques Laffont
p. 1153-1175

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Justifying the First-Order Approach to Principal-Agent Problems

Ian Jewitt
p. 1177-1190

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Subgame Perfect Implementation

John Moore, Rafael Repullo
p. 1191-1220

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Context-Dependent Choice with Nonlinear and Nontransitive Preferences

Irving H. LaValle, Peter C. Fishburn
p. 1221-1239

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1989 Far Eastern Meeting of the Econometric Society: Announcement and Call for Papers

p. 1240-1240

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Call for Papers: 1989 North American Summer Meeting of the Econometric Society

p. 1240-1241

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Issue 6

Back Matter

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Front Matter

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Volume Information

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Full Extraction of the Surplus in Bayesian and Dominant Strategy Auctions

Jacques Cremer, Richard P. McLean
p. 1247-1257

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The Structure of Nash Equilibrium in Repeated Games with Finite Automata

Ariel Rubinstein, Dilip Abreu
p. 1259-1281

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Asset Pricing in Multiperiod Securities Markets

Gary Chamberlain
p. 1283-1300

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Household Economies of Scale in Consumption: Theory and Evidence

Julie A. Nelson
p. 1301-1314

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Nonparametric Analysis of Technical and Allocative Efficiencies in Production

Ajay Maindiratta, Rajiv D. Banker
p. 1315-1332

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Trends versus Random Walks in Time Series Analysis

Peter C. B. Phillips, Steven N. Durlauf
p. 1333-1354

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Testing for Structural Change in Dynamic Models

Raimund Alt, Walter Kramer, Werner Ploberger
p. 1355-1369

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Estimating Vector Autoregressions with Panel Data

Douglas Holtz-Eakin, Harvey S. Rosen, Whitney Newey
p. 1371-1395

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Asymptotic Normality, When Regressors Have a Unit Root

Kenneth D. West
p. 1397-1417

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Chi-Square Diagnostic Tests for Econometric Models: Theory

Donald W. K. Andrews
p. 1419-1453

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Notes and Comments: Equity and Efficiency in Public Sector Pricing: A Case for Stochastic Rationing

Hans Wijkander
p. 1455-1465

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Notes and Comments: The Optimal Depletion and Exploration of a Nonrenewable Resource

N. V. Quyen
p. 1467-1471

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European Meeting of the Econometric Society, Munich, Federal Republic of Germany, 1989: Announcement and Call for Papers

p. 1473-1473

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North American Winter Meeting of the Econometric Society: Announcement and Call for Papers

p. 1473-1475

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Nomination of Fellows, 1988

p. 1473-1473

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9th Latin American Meeting of the Econometric Society--1989, Santiago, Chile: Announcement and Call for Papers

p. 1475-1477

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1989 Far Eastern Meeting of the Econometric Society: Announcement and Call for Papers

p. 1478-1478

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1989 North American Summer Meeting of the Econometric Society: Call for Papers

p. 1478-1479

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Australasian Meeting of the Econometric Society: Announcement and Call for Papers

p. 1479-1480

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Accepted Manuscripts

p. 1480-1480

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News Notes

p. 1481-1482

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Program for the 1988 North American Summer Meetings of the Econometric Society

p. 1483-1491

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Erratum: Dissolving a Partnership Efficiently

P. Cramton, P. Klemperer, R. Gibbons
p. 1493-1493

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Submission of Manuscripts to Econometrica

p. 1504-1504

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