Econometrica - Volume 44
Issue 1
[Photograph]: Zvi Griliches, President of the Econometric Society, 1975; First Vice-President of the Econometric Society, 1974; Second Vice-President of the Econometric Society, 1973
Autoregressive and Nonautoregressive Elements in Cross-Section Forecasts of Inflation
Burton G. Malkiel, Edward J. Kane
p. 1-16
A Social Choice Interpretation of the Von Neumann-Morgenstern Game
Stefan D. Bloomfield
p. 105-114
The Incentives for Price-Taking Behavior in Large Exchange Economies
Andrew Postlewaite, Donald John Roberts
p. 115-127
The Liquidity Trap
Guy Laroque, Jean-Michel Grandmont
p. 129-135
Efficient Estimation of the Lorenz Curve and Associated Inequality Measures from Grouped Observations
N. C. Kakwani, N. Podder
p. 137-148
Some Finite Sample Properties of Spectral Estimators of a Linear Regression
Robert F. Engle, Roy Gardner
p. 149-165
Estimation in the Presence of Stochastic Parameter Variation
Edward C. Prescott, Thomas F. Cooley
p. 167-184
An Experimental Study of Expectation Formation
Richard Schmalensee
p. 17-41
Specification Error Tests and Investment Functions
Peter D. Loeb
p. 185-194
Accepted Manuscripts
p. 195-196
European Meeting of the Econometric Society: Helsinki, 1976
p. 195-195
North American Meeting of the Econometric Society: Atlantic City, 1976
p. 195-195
Unpublished Memoranda
p. 198-198
Unpublished Research Memoranda
p. 198-198
1974 Fellows of the Econometric Society
p. 199-205
Report from the President
Zvi Griliches
p. 206-207
Report of the Secretary
Julie P. Gordon
p. 207-209
Report of the Treasurer
Robert J. Gordon
p. 209-214
Report of the Editor
Franklin M. Fisher
p. 214-217
Rational Expectations and the Natural Rate Hypothesis: Some Consistent Estimates
B. T. McCallum
p. 43-52
Asymmetric Policymaker Utility Functions and Optimal Policy under Uncertainty
Roger N. Waud
p. 53-66
On the Role of Separability Assumptions in Determining Impatience Implications
H. Stuart Burness
p. 67-78
Unite and Conquer: A Multiplicative Inequality for Choice Probabilities
Amos Tversky, Shmuel Sattath
p. 79-89
Threats, Counter-Threats, and Strategic Voting
Prasanta K. Pattanaik
p. 91-103
Issue 2
Poverty: An Ordinal Approach to Measurement
Amartya Sen
p. 219-231
Collective Choice Correspondences as Admissible Outcomes of Social Bargaining Processes
David Schmeidler, Ehud Kalai, Elisha A. Pazner
p. 233-240
A Problem on Rankings by Committees
J. W. Moon
p. 241-246
Fisher's Tests Revisited
W. Eichhorn
p. 247-256
An Approximate Divisia Index of Total Factor Productivity
Robert E. Hall, Spencer Star
p. 257-263
Theoremes d'Existence et d'Equivalence pour des Economies avec Production
Claude Oddou
p. 265-281
Existence d'un Equilibre General de Concurrence Imparfaite: Une Introduction
Guy Laroque, Jean-Jacques Laffont
p. 283-294
Analysis of Models for Commercial Fishing: Mathematical and Economical Aspects
Anthony Leung, Ar-Young Wang
p. 295-303
The Stochastic Dependence of Security Price Changes and Transaction Volumes: Implications for the Mixture-of-Distributions Hypothesis
Mary Lee Epps, Thomas W. Epps
p. 305-321
On the Properties of Linear Decision Rules and Their Derivation by an Iterative Procedure
Jan Tymes, Stephen J. Nickell
p. 323-336
Discriminating among Linear Models with Interdependent Disturbances
Kenneth M. Gaver, Martin S. Geisel
p. 337-343
Weak Priors and Sharp Posteriors in Simultaneous Equation Models
G. S. Maddala
p. 345-351
The Variances of Regression Coefficient Estimates Using Aggregate Data
Edwin Kuh, Roy E. Welsch
p. 353-363
Optimal Critical Values for Pre-Testing in Regression
T. D. Wallace, T. Toyoda
p. 365-375
Notes and Comments: Demand and Supply Functions for Money: Another Look at Theory and Measurement
Ronald L. Teigen
p. 377-385
Notes and Comments: Demand and Supply Functions for Money: A Comment
William E. Gibson
p. 387-389
Notes and Comments: The Distributional Implications of Public Goods
Geoffrey Brennan
p. 391-399
Notes and Comments: Reply to Geoffrey Brennan, "The Distributional Implications of Public Goods"
Henry Aaron, Martin McGuire
p. 401-404
Notes and Comments: Public Goods and Income Distribution: A Rejoinder to the Aaron-McGuire Reply
Geoffrey Brennan
p. 405-407
Notes and Comments: A Proof that Both the Bias and the Mean Square Error of the Two-Stage Least Squares Estimator are Monotonically Non-Increasing Functions of Sample Size
A. D. Owen
p. 409-411
1975 Election Results
p. 413-413
Accepted Manuscripts
p. 413-414
North American Summer Meeting, Madison, Wisconsin, June 23-26, 1976
p. 413-413
Pagination Error
p. 413-413
Election of Fellows, 1975
p. 415-419
Erratum: Risk Aversion in the Small and in the Large
John W. Pratt
p. 420-420
Issue 3
Econometric Estimators and the Edgeworth Approximation
J. D. Sargan
p. 421-448
The Iterated Minimum Distance Estimator and the Quasi-Maximum Likelihood Estimator
P. C. B. Phillips
p. 449-460
Estimating Regression Models with Multiplicative Heteroscedasticity
A. C. Harvey
p. 461-465
Point Estimation in Multiplicative Models
I. G. Evans, S. A. Shaban
p. 467-473
A Remark on the Wu Test
R. W. Farebrother
p. 475-477
The Interpolation of the Lorenz Curve and Gini Index from Grouped Data
Joseph L. Gastwirth, Marcia Glauberman
p. 479-483
Taxes in a Labor Supply Model with Joint Wage-Hours Determination
Harvey S. Rosen
p. 485-507
Extensions of the Le Chatelier-Samuelson Principle and Their Application to Analytical Economics--Constraints and Economic Analysis
Sho-Ichiro Kusumoto
p. 509-535
Existence of a Competitive Equilibrium in a Nonstandard Exchange Economy
Donald J. Brown
p. 537-546
Solutions of General Equilibrium Problems for a Trading World
Elhanan Helpman
p. 547-559
A Small Open Economy with More Produced Commodities than Factors
Wolfgang Mayer
p. 561-573
Stability Conditions for Linear Constant Coefficient Difference Equations in Generalized Differenced Form
Dan C. Boger, Harry C. Mullikin, Roger Nils Folsom
p. 575-591
Notes and Comments: Multiplier Effects for Higher than First Order Linear Dynamic Econometric Models
Sophocles N. Brissimis
p. 593-595
Notes and Comments: Distributed Lags, Morishima Matrices, and the Stability of Economic Models
David G. Tarr
p. 597-600
Notes and Comments: Stability of Monopoly
M. G. Allingham
p. 601-602
Notes and Comments: Neutrality, Monotonicity, and the Right of Veto: A Comment
Julian H. Blau
p. 603-603
Notes and Comments: Aspects of Partial Decisionmaking--Kernels of Quasi-Ordered Sets
Roger Hartley
p. 605-608
Notes and Comments: A Note on the Derivation of Theil's Blus Residuals
Gregory C. Chow
p. 609-610
Notes and Comments: Norm Minimizing Estimation and Unbiasedness
William W. Hogan
p. 611-614
Notes and Comments: Constraints Often Overlooked in Analyses of Simultaneous Equation Models: Comment
G. S. Maddala
p. 615-616
Notes and Comments: Constraints Often Overlooked in Analyses of Simultaneous Equation Models: Comment
Robert F. Engle
p. 617-618
Notes and Comments: Constraints Often Overlooked in Analyses of Simultaneous Equation Models: A Reply
Arnold Zellner
p. 619-624
Notes and Comments: Constraints Often Overlooked in Analyses of Simultaneous Equation Models: A Rejoinder
G. S. Maddala
p. 625-625
Notes and Comments: Constraints Often Overlooked in Analyses of Simultaneous Equation Models: A Further Reply
Arnold Zellner
p. 627-628
Accepted Manuscripts
p. 629-629
Errata: Efficient Estimation of the Lorenz Curve and Associated Inequality Measures from Grouped Observations
N. C. Kakwani, N. Podder
p. 630-630
Errata: Fellows of the Econometric Society, January 1976
p. 630-630
Issue 4
Personal Taxation and Portfolio Composition: An Econometric Analysis
Martin Feldstein
p. 631-650
An Indirect Test of Complementarity in a Family Labor Supply Model
Thomas J. Kniesner
p. 651-669
Compensation of Cooperating Factors
Alan V. Deardorff, Frank P. Stafford
p. 671-684
The Control of Nonlinear Econometric Systems with Unknown Parameters
Gregory C. Chow
p. 685-695
Formulations Bayesiennes de Modeles Economiques Classiques d'Affectation
J. Voranger
p. 697-712
The Identification and Parameterization of Armax and State Space Forms
E. J. Hannan
p. 713-723
Prior Information on the Coefficients when the Disturbance Covariance Matrix is Unknown
William E. Taylor
p. 725-739
An Indirect Least Squares Estimator for Overidentified Equations
J. Daniel Khazzoom
p. 741-750
The Estimation of Linear Differential Equations with Constant Coefficients
P. M. Robinson
p. 751-764
Instrumental Variables Estimation of Differential Equations
P. M. Robinson
p. 765-776
Optimum Trade Restrictions and Their Consequences
Halbert White, Lester C. Thurow
p. 777-786
A Theorem on Decentralized Exchange
Paul J. Madden
p. 787-791
Equity, Arrow's Conditions, and Rawls' Difference Principle
Peter J. Hammond
p. 793-804
Linear Measures of Income Inequality
Farhad Mehran
p. 805-809
Notes and Comments: Conventional Returns to Scale and Financing Pollution Control
Bruce Greenwald
p. 811-814
Notes and Comments: A Note of Identification and Information Loss through Aggregation
Donald D. Hester
p. 815-818
Notes and Comments: The Relative Factor Intensities of Investment- and Consumer-Goods Industries: A Note
John Sutton
p. 819-821
Notes and Comments: The Effect of Transformations of Lorenz Curves
J. Fellman
p. 823-824
Notes and Comments: A Slutsky Equation for Demand Correspondences
Dennis F. Ellis
p. 825-828
Notes and Comments: Existence of Approximate Cores with Incomplete Preferences
Birgit Grodal
p. 829-830
Notes and Comments: Smooth Preferences: A Corrigendum
Gerard Debreu
p. 831-832
Computer Algorithms: Small Computer Programs for OLS and Principal Components Regression Calculations
J. C. Nash
p. 833-833
Computer Algorithms: A Program for Econometric and Spectral Analysis-EAS
Richard E. Just, Stanley M. Fletcher
p. 835-835
Computer Algorithms: Computer Algorithm: Derived Reduced Form Coefficient Covariances
Arthur M. Havenner
p. 837-837
Accepted Manuscripts
p. 839-839
Errata: Accepted Manuscripts
p. 840-840
Errata: Large Sample Theory of Some Measures of Income Inequality
Joseph L. Gastwirth
p. 840-840
Issue 5
Irrelevant Alternatives and Social Welfare
D. K. Osborne
p. 1001-1015
Self-Dual Preferences
Ryuzo Sato
p. 1017-1032
Representable Choice Functions
Peter C. Fishburn
p. 1033-1043
Bayesian Limited Information Analysis of the Simultaneous Equations Model
Jacques H. Dreze
p. 1045-1075
Testing for Serial Correlation in Dynamic Simultaneous Equation Models
L. G. Godfrey
p. 1077-1084
Notes and Comments: Estimation and Prediction from Aggregate Data when Aggregates are Measured More Accurately than Their Components: Comment
William H. Greene
p. 1085-1085
Notes and Comments: Decentralized Nonmonetary Trade
Ross M. Starr
p. 1087-1089
Accepted Manuscripts
p. 1090-1090
Turnpike Theory
Lionel W. McKenzie
p. 841-865
Optimal Growth in a Putty-Clay Model
Guillermo A. Calvo
p. 867-878
The Specification of Adaptive Expectations in Continuous Time Dynamic Economic Models
Edwin Burmeister, Stephen J. Turnovsky
p. 879-905
A Non-Tatonnement Model with Production and Consumption
Franklin M. Fisher
p. 907-938
Limit Pricing, Uncertain Entry, and the Entry Lag
Raymond R. De Bondt
p. 939-946
Input-Output Analysis with Scale-Dependent Coefficients
Sajal Lahiri
p. 947-961
A Function for Size Distribution of Incomes
G. S. Maddala, S. K. Singh
p. 963-970
The Demand Theory of the Weak Axiom of Revealed Preference
Andreu Mas-Colell, Hugo Sonnenschein, Richard Kihlstrom
p. 971-978
Community Preferences and the Representative Consumer
John Muellbauer
p. 979-999
Issue 6
Keynes and Econometrics: On the Interaction between the Macroeconomic Revolutions of the Interwar Period
Don Patinkin
p. 1091-1123
Some Theory of Labor Management and Participation
Jacques H. Dreze
p. 1125-1139
An Interactive Market-Planning Procedure
Robert L. Welch
p. 1141-1152
Pricing in a Dynamic Model with Saturation
H. J. Landau
p. 1153-1155
Dynamics of Temporary Equilibria and Expectations
Gerard Fuchs, Guy Laroque
p. 1157-1178
Capital Aggregation in a General Equilibrium Model of Production
Murray Brown, Winston W. Chang
p. 1179-1200
The Income Tax and Charitable Contributions
Amy Taylor, Martin Feldstein
p. 1201-1222
Estimation of the Earnings Profile from Optimal Human Capital Accumulation
William J. Haley
p. 1223-1238
Social Welfare and Income Distribution
Efraim Sadka
p. 1239-1251
The Welfare Loss from Price Distortions
Trout Rader
p. 1253-1257
An Econometric Evaluation of a Generalized Consumer Surplus Measure: The Mineral King Controversy
Anthony C. Fisher, Charles J. Cicchetti, V. Kerry Smith
p. 1259-1276
On the Insensitivity of the Autoregressive Moving Average Representations of Some Australian Quarterly Time Series
John McDonald
p. 1277-1287
Some Experimental Results on the Statistical Properties of Least Squares Estimates in Control Problems
John B. Taylor, T. W. Anderson
p. 1289-1302
Conflict Among Testing Procedures in a Linear Regression Model with Autoregressive Disturbances
N. E. Savin
p. 1303-1315
Notes and Comments: A Note on Bias in the Almon Distributed Lag Estimator
Timo Terasvirta
p. 1317-1321
Notes and Comments: The Malinvaud Eigenvalue Lemma: Correction and Amplification
David Gale, Richard Rockwell
p. 1323-1324
Computer Algorithm: An Algorithm for Determining the Distribution Function of the Durbin-Watson Test Statistic
Daniel Chall, Daniel Taylor, Wilford L. LEsperance
p. 1325-1326
Accepted Manuscripts
p. 1327-1327
European Meeting of the Econometric Society--Vienna, 1977
p. 1327-1327
Erratum: Distributions of Estimates of Coefficients of a Single Equation in a Simultaneous System and Their Asymptotic Expansions
T. W. Anderson, Takamitsu Sawa
p. 1329-1329