Econometrica - Volume 47
Issue 1
The Empirical Foundations of the Phillips Curve: Evidence from Canadian Wage Contract Data
William Craig Riddell
p. 1-24
Lead-Lag Relations, Exogeneity and Prediction of Economic Time Series
Salih N. Neftci
p. 101-114
Efficiency of Least-Squares Estimation of Linear Trend when Residuals Are Autocorrelated
John S. Chipman
p. 115-128
Maximum Likelihood Estimation of Stochastic Linear Difference Equations with Autoregressive Moving Average Errors
Greg Reinsel
p. 129-152
Sample Selection Bias as a Specification Error
James J. Heckman
p. 153-162
Evaluation of the Distribution Function of the Two-Stage Least Squares Estimate
T. W. Anderson, Takamitsu Sawa
p. 163-182
Effects of Growing Incomes on Classified Income Distributions, the Derived Lorenz Curves, and Gini Indices
Hans-Georg Petersen
p. 183-198
Notes and Comments: Neoclassical Theory of Trade Credit: A Critique and a Reformulation
George C. Bitros
p. 199-202
Notes and Comments: Conflict Among Criteria for Testing Hypotheses: Extensions and Comments
T. S. Breusch
p. 203-208
Notes and Comments: A Grouping Test for Misspecification
R. W. Farebrother
p. 209-210
Notes and Comments: Multicollinearity and the Minimax Conditions of the Bock Stein-like Estimator
R. Carter Hill, Thomas B. Fomby
p. 211-212
European Meeting of the Econometric Society--Athens, 1979: Announcement and Call for Papers
p. 213-214
Nomination of Fellows, 1979
p. 213-213
Winter 1979 Econometric Society Meetings: Call for Papers
p. 213-213
1979 Meetings of the Econometric Society
p. 214-214
Accepted Manuscripts
p. 214-215
Time Series Analysis and Forecasting (TSA&F) Activities
p. 216-216
The Frisch Medal Award
p. 217-217
Report of the Secretary
Julie P. Gordon
p. 218-220
Report of the Treasurer
Robert J. Gordon
p. 220-226
Report of the Editor
Hugo Sonnenschein
p. 226-229
Program of the Econometric Society Summer 1978 North American Meeting
p. 230-234
Program of the Econometric Society Fall 1978 North American Meeting
p. 235-251
The Optimal Exploitation of Renewable Resource Stocks: Problems of Irreversible Investment
Colin W. Clark, Frank H. Clarke, Gordon R. Munro
p. 25-48
Program of the Econometric Society 1978 European Meeting
p. 252-261
A Procedure for Generating Pareto-Efficient Egalitarian-Equivalent Allocations
Vincent P. Crawford
p. 49-60
Incentive Compatibility and the Bargaining Problem
Roger B. Myerson
p. 61-74
On Interpersonal Comparability and Social Welfare Orderings
Louis Gevers
p. 75-90
Dynamic Choice Theory and Dynamic Programming
David M. Kreps, Evan L. Porteus
p. 91-100
Issue 2
Prospect Theory: An Analysis of Decision under Risk
Amos Tversky, Daniel Kahneman
p. 263-292
A Theory of Competitive Equilibrium in Stock Market Economies
Oliver D. Hart, Sanford J. Grossman
p. 293-330
Informational Equilibrium
John G. Riley
p. 331-360
Allocation of Resources in Large Teams
K. J. Arrow, R. Radner
p. 361-386
Some Evidence of the Efficiency of a Speculative Market
Mukhtar M. Ali
p. 387-392
Financing Public Goods with Commodity Taxes: The Tax Reform Viewpoint
Roger Guesnerie
p. 393-422
The Nash Social Welfare Function
Kenjiro Nakamura, Mamoru Kaneko
p. 423-436
Components of Variation in Panel Earnings Data: American Scientists 1960-70
Lee A. Lillard, Yoram Weiss
p. 437-454
Attrition Bias in Experimental and Panel Data: The Gary Income Maintenance Experiment
David A. Wise, Jerry A. Hausman
p. 455-474
Measurement Error in a Dynamic Simultaneous Equations Model with Stationary Disturbances
Cheng Hsiao
p. 475-494
Linear Models with Autocorrelated Errors: Structural Identifiability in the Absence of Minimality Assumptions
Jurgen Schrader, Manfred Deistler
p. 495-504
Notes and Comments: A Note on the Numerical Results by Goldberger, Nagar, and Odeh
Carlo Bianchi, Giorgio Calzolari, Paolo Corsi
p. 505-506
Notes and Comments: Information Criteria for Choice of Regression Models: A Comment
Edward E. Leamer
p. 507-510
Notes and Comments: A Note about the "Nowhere Denseness" of Societies Having an Equilibrium under Majority Rule
Ariel Rubinstein
p. 511-514
Notes and Comments: Class Dominance Characteristics at a Service Facility
K. R. Balachandran, Mark E. Schaefer
p. 515-520
Notes and Comments: The Demand for Housing: An Empirical Postscript
A. Mitchell Polinsky
p. 521-524
1980 World Congress of the Econometric Society
p. 525-525
European Meeting of the Econometric Society--Athens, 1979: Announcement and Call for Papers
p. 525-526
Nomination of Fellows, 1979
p. 525-525
1979 Meetings of the Econometric Society
p. 526-526
1979 North American Summer Meetings of the Econometric Society
p. 526-526
Winter 1979 Econometric Society Meetings: Call for Papers
p. 526-527
Accepted Manuscripts
p. 527-528
Election of Fellows, 1978
p. 530-537
Erratum: The Estimation of a Simultaneous Equation Generalized Probit Model
Takeshi Amemiya
p. 537-537
[Photograph]: Janos Kornai, President of the Econometric Society, 1978; First Vice-President of the Econometric Society, 1977; Second Vice-President of the Econometric Society, 1976
Issue 3
The Joint Allocation of Leisure and Goods Expenditure
William A. Barnett
p. 539-564
A Representation Theorem for "Preference for Flexibility"
David M. Kreps
p. 565-578
Expenditure Functions, Local Duality, and Second Order Approximations
Charles Blackorby, W. E. Diewert
p. 579-602
Ville Axioms and Consumer Theory
Leonid Hurwicz, Marcel K. Richter
p. 603-620
Intertemporally Inconsistent Preferences and the Rate of Consumption
Steven Marc Goldman
p. 621-626
Consistent Majority Rules over Compact Sets of Alternatives
Joseph Greenberg
p. 627-636
A Note on Group Strategy-Proof Decision Schemes
Salvador Barbera
p. 637-640
Optimal Search for the Best Alternative
Martin L. Weitzman
p. 641-654
Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices
Roy Radner
p. 655-678
A Convergence Theorem for Competitive Bidding with Differential Information
Paul R. Milgrom
p. 679-688
The Arrow-Debreu Model Extended to Financial Markets
Peter H. Friesen
p. 689-708
Some Theorems of Trade and General Equilibrium with Many Goods and Factors
Winston W. Chang
p. 709-726
On the Differentiability of the Value Function in Dynamic Models of Economics
J. A. Scheinkman, L. M. Benveniste
p. 727-732
On the Stability of Dynamic Processes in Economic Theory
Claude d’Aspremont, Jacques H. Dreze
p. 733-738
A Note on Aggregation and Disaggregation
Walter D. Fisher
p. 739-746
Poverty, Income Inequality, and Their Measures: Professor Sen's Axiomatic Approach Reconsidered
Noriyuki Takayama
p. 747-760
A Model of Wealth Distribution
Pierre Pestieau, Uri M. Possen
p. 761-772
Notes and Comments: A Function for Size Distribution of Incomes: A Further Comment
D. C. Cronin
p. 773-774
Notes and Comments: Proportional Solutions to the Bargaining Problem
Alvin E. Roth
p. 775-778
Notes and Comments: Theoretical Restrictions on the Parameters of Indirect Addilog Demand Equations
John F. Stewart, John S. Akin
p. 779-780
Notes and Comments: Nearer-Normality and Some Econometric Models
C. W. J. Granger
p. 781-784
Notes and Comments: The Power of Tests for Autocorrelation with Missing Observations
Kenneth J. White, Sally M. Richardson
p. 785-788
Notes and Comments: A Method of Calculating the Effects and Gains of Utilizing Scale-Economies
Vidar Ringstad
p. 789-796
1980 World Congress of the Econometric Society
p. 797-797
Accepted Manuscripts
p. 797-797
Erratum: The European Meeting of the Econometric Society
p. 799-799
Issue 4
Asymptotic Estimation and Hypothesis Testing Results for Vector Linear Time Series Models
R. Kohn
p. 1005-1030
Notes and Comments: The Distributional Implications of Public Goods Revisited
E. G. West, R. J. Staaf
p. 1031-1038
Notes and Comments: The Classical Theory of International Adjustment: Comments
Akira Takayama, Richard K. Anderson
p. 1039-1046
Notes and Comments: The Nature of Equilibrium with Semiordered Preferences: A Correction
Dean T. Jamison, Lawrence J. Lau
p. 1047-1048
1980 World Congress of the Econometric Society: Announcement and Call for Papers
p. 1049-1052
Accepted Manuscripts
p. 1053-1053
Erratum: Estimation of a Distributed Lag Model under Quadratic Loss
P. K. Trivedi
p. 1056-1056
Resource-Constrained versus Demand-Constrained Systems
J. Kornai
p. 801-820
Iterative Aggregation--A New Approach to the Solution of Large-Scale Problems
A. A. Ryvkin, I. Y. Vakhutinsky, L. M. Dudkin
p. 821-842
Dynamics under Uncertainty
Michael J. P. Magill, William A. Brock
p. 843-868
Existence of a Core When There Are Increasing Returns
W. W. Sharkey
p. 869-876
Open Access and Extinction
Peter Berck
p. 877-882
Frontier Production Functions and Technical Progress: A Study of General Milk Processing in Swedish Dairy Plants
Finn R. Forsund, Lennart Hjalmarsson
p. 883-900
Decomposable Income Inequality Measures
Francois Bourguignon
p. 901-920
An Equilibrium Model with Fixed Labor Time
Claus Weddepohl
p. 921-938
Econometric Methods for the Duration of Unemployment
Tony Lancaster
p. 939-956
Comparisons of Normal and Logistic Models in the Bivariate Dichotomous Analysis
Kimio Morimune
p. 957-976
Identification and Estimation in Binary Choice Models with Limited (Censored) Dependent Variables
Lung-Fei Lee
p. 977-996
On the Value of Sample Separation Information
Nicholas M. Kiefer
p. 997-1004
Issue 5
On Shareholder Unanimity in Large Stock Market Economies
Oliver D. Hart
p. 1057-1084
General Conditions for Global Intransitivities in Formal Voting Models
Richard D. McKelvey
p. 1085-1112
Equilibrium under @a-Majority Voting
Steven Slutsky
p. 1113-1126
Equity in Two Person Situations: Some Consequences
Peter J. Hammond
p. 1127-1136
Groves' Scheme on Restricted Domains
Bengt Holmstrom
p. 1137-1144
On Hotelling's "Stability in Competition"
C. d’Aspremont, J. Jaskold Gabszewicz, J.-F. Thisse
p. 1145-1150
An Estimate of a Structural Hedonic Price Model of the Housing Market: An Application of Rosen's Theory of Implicit Markets
Ann D. Witte, Homer Erekson, Howard J. Sumka
p. 1151-1174
Household Bequests, Perfect Expectations, and the National Distribution of Wealth
John Laitner
p. 1175-1194
Insurance and Individual Incentives in Adaptive Contexts
W. Kip Viscusi
p. 1195-1208
Perfect Price Aggregation and Empirical Demand Analysis
Ronald W. Anderson
p. 1209-1230
Theory and Time Series Estimation of the Quadratic Expenditure System
Howard Howe, Robert A. Pollak, Terence J. Wales
p. 1231-1248
Estimating the Probability of Leaving Unemployment
Stephen Nickell
p. 1249-1266
Estimation and Control of a Macroeconomic Model with Rational Expectations
John B. Taylor
p. 1267-1286
A Simple Test for Heteroscedasticity and Random Coefficient Variation
A. R. Pagan, T. S. Breusch
p. 1287-1294
Identification Results for Armax Structures
R. Kohn
p. 1295-1304
Notes and Comments: The Borda Rule and Pareto Stability: A Comment
Daniel Farkas, Shmuel Nitzan
p. 1305-1306
Notes and Comments: Etalon(s) et "Transformation": Pour Clore un Debat
E. Berrebi, G. Abraham-Frois
p. 1307-1310
Notes and Comments: Taxes in a Labor Supply Model with Joint Wage-Hours Determination: A Comment
Donald A. Larson
p. 1311-1314
1980 World Congress of the Econometric Society: Announcement and Call for Papers
p. 1315-1318
Accepted Manuscripts
p. 1319-1319
Issue 6
The Impossibility of Bayesian Group Decision Making with Separate Aggregation of Beliefs and Values
Aanund Hylland, Richard Zeckhauser
p. 1321-1336
Dominance Solvable Voting Schemes
Herve Moulin
p. 1337-1352
Sequences of Games with Varying Opponents
R. W. Rosenthal
p. 1353-1366
Synopses in the Theory of Choice
Alexander Van der Bellen, Murat R. Sertel
p. 1367-1390
On Multivariate Risk Aversion
Edi Karni
p. 1391-1402
Expectations and Money in a Dynamic Exchange Model
Milton Harris
p. 1403-1420
The Ergodic Behavior of Stochastic Processes of Economic Equilibria
Lawrence E. Blume
p. 1421-1432
Capital Accumulation on the Transition Path in a Monetary Optimizing Model
Stanley Fischer
p. 1433-1440
The Estimation of Partial Adjustment Models with Rational Expectations
John Kennan
p. 1441-1456
Expectational Consistency, Informational Lags, and the Formulation of Expectations in Continuous Time Models
Malcolm R. Gray, Stephen J. Turnovsky
p. 1457-1474
Investors' Portfolio Behavior under Alternative Models of Long-Term Interest Rate Expectations: Unitary, Rational, or Autoregressive
Benjamin M. Friedman, V. Vance Roley
p. 1475-1498
Estimating the Time Costs of Highway Congestion
Donald N. Dewees
p. 1499-1512
Functional Forms, Estimation Techniques and the Distribution of Income
James B. McDonald, Michael R. Ransom
p. 1513-1526
A Saddlepoint Approximation to the Distribution of the k-Class Estimator of a Coefficient in a Simultaneous System
A. Holly, P. C. B. Phillips
p. 1527-1548
Notes and Comments: Saturation Locale et Concepts Primitifs de la Theorie du Consommateur
Edouard Wagneur
p. 1549-1554
Notes and Comments: Un Modele Bayesien d'Affectation de Capitaux dans le Cas d'Aversion Decroissante pour le Risque
J. Voranger
p. 1555-1558
Notes and Comments: A Note on Capital and Output Aggregation in a General Equilibrium Model of Production
Kazuo Sato
p. 1559-1564
Notes and Comments: Nonregular Singular Dynamic Leontief Systems
Stephen L. Campbell
p. 1565-1568
Notes and Comments: The Exhaustion and Depletion of Natural Resources
Tracy R. Lewis
p. 1569-1572
1980 World Congress of the Econometric Society: Announcement and Call for Papers
p. 1573-1577
Accepted Manuscripts
p. 1577-1580
Fall 1980 Econometric Society North American Meeting
p. 1577-1577
Frisch Medal Award
p. 1577-1577
Program of the 1979 North American Summer Meeting of the Econometric Society, Montreal, Canada, June 27-30, 1979
p. 1583-1588
Erratum: A Convergence Theorem for Competitive Bidding with Differential Information
Paul R. Milgrom
p. 1589-1589
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