Econometrica - Volume 51
Issue 1
Submission of Manuscripts to Econometrica
Editorial
Hugo Sonnenschein
p. 1-1
Gaussian Estimation of Structural Parameters in Higher Order Continuous Time Dynamic Models
A. R. Bergstrom
p. 117-152
Testing Residuals from Least Squares Regression for Being Generated by the Gaussian Random Walk
Alok Bhargava, J. D. Sargan
p. 153-174
The Identification Problem in Systems Nonlinear in the Variables
Bryan W. Brown
p. 175-196
The Structure of Qualitatively Determinate Relationships
George M. Lady
p. 197-218
Notes and Comments: Ordinal Interpersonal Comparisons in Bargaining
Lars Tyge Nielsen
p. 219-222
Notes and Comments: An Alternative Characterization of Decreasing Absolute Risk Aversion
Philip H. Dybvig, Steven A. Lippman
p. 223-224
Notes and Comments: Sufficient Conditions for the Consistency of Maximum Likelihood Estimation Despite Misspecification of Distribution in Multinomial Discrete Choice Models
Paul A. Ruud
p. 225-228
Notes and Comments: An Approximation to the Distribution of the Least Square Estimator in an Autoregressive Model with Exogenous Variables
Koichi Maekawa
p. 229-238
Latin American Meeting of the Econometric Society--Santiago, Chile, 1983: Announcement and Call for Papers
p. 239-240
European Meeting of the Econometric Society, Pisa 1983: Announcement and Call for Papers
p. 241-241
Winter 1983 Econometric Society North American Meetings: Announcement and Call for Papers
p. 241-242
Call for Papers: 1983 Summer Meeting of the Econometric Society
p. 242-242
Accepted Manuscripts
p. 243-244
Nomination of Fellows, 1983
p. 243-243
Report of the Secretary
Julie P. Gordon
p. 246-250
Report of the Treasurer
Robert J. Gordon
p. 251-255
Report of the Editors
Angus Deaton, Hugo Sonnenschein, James A. Mirrlees, Kenneth F. Wallis
p. 256-258
Program of the 1982 North American Summer Meeting of the Econometric Society
p. 259-265
Program of the Third Latin American Meeting of the Econometric Society
p. 266-275
The Founding of the Econometric Society and Econometrica
Carl F. Christ
p. 3-6
On the Global Uniqueness of Fix-Price Equilibria
Norbert Schulz
p. 47-68
Worker Heterogeneity, Hours Restrictions, and Temporary Layoffs
Mark A. Loewenstein
p. 69-78
An Analysis of the Principal-Agent Problem
Oliver D. Hart, Sanford J. Grossman
p. 7-46
Efficient Methods of Measuring Welfare Change and Compensated Income in Terms of Ordinary Demand Functions
Yrjo O. Vartia
p. 79-98
An Index of Inequality: With Applications to Horizontal Equity and Social Mobility
Mervyn A. King
p. 99-116
Issue 2
Submission of Manuscripts to Econometrica
Exogeneity
David F. Hendry, Jean-Francois Richard, Robert F. Engle
p. 277-304
Closest Empirical Distribution Estimation
Charles F. Manski
p. 305-320
Robust Sets of Regression Estimates
C. Zachary Gilstein, Edward E. Leamer
p. 321-334
Generalized Wald Methods for Testing Nonlinear Implicit and Overidentifying Restrictions
Jerzy Szroeter
p. 335-354
Testing Non-Nested Models After Estimation by Instrumental Variables or Least Squares
L. G. Godfrey
p. 355-366
Consistent Estimation of Minimal Subset Dimension
R. Kohn
p. 367-376
The Dimensionality of the Aliasing Problem in Models with Rational Spectral Densities
Lars Peter Hansen, Thomas J. Sargent
p. 377-388
Individual Monotonicity and Lexicographic Maxmin Solution
Haruo Imai
p. 389-402
Structure of Tax Equilibria
Gerard Fuchs, Roger Guesnerie
p. 403-434
Actual Labor Values in a General Model of Production
Peter Flaschel
p. 435-454
The Nonexistence of a Free Entry Cournot Equilibrium in Labor-Managed Economies
J. J. Laffont, M. Moreaux
p. 455-462
Bundling Decisions by a Multiproduct Monopolist with Incomplete Information
Thomas R. Palfrey
p. 463-484
The Price Variability-Volume Relationship on Speculative Markets
George E. Tauchen, Mark Pitts
p. 485-506
Notes and Comments: Generalized Econometric Models with Selectivity
Lung-Fei Lee
p. 507-512
Corrigendum: Maximum Likelihood Estimation of Misspecified Models
Halbert White
p. 513-514
Latin American Meeting of the Econometric Society--Santiago, Chile, 1983: Announcement and Call for Papers
p. 515-516
European Meeting of the Econometric Society, Pisa 1983: Announcement and Call for Papers
p. 517-517
Winter 1983 Econometric Society North American Meetings: Announcement and Call for Papers
p. 517-518
Australasian Meeting of the Econometric Society, Canberra 1983: Announcement and Call for Papers
p. 518-518
Accepted Manuscripts
p. 519-519
Nomination of Fellows, 1983
p. 519-519
Program of the 1982 European Meeting of the Society
p. 522-532
Program of the Meeting of Australasian Econometricians
p. 533-534
Issue 3
[Photograph]: James A. Mirrlees, President of the Econometric Society, 1982; First Vice-President of the Econometric Society, 1981; Second Vice-President of the Econometric Society, 1980
Submission of Manuscripts of Econometrica
A Model of Stochastic Process Switching
Peter M. Garber, Robert P. Flood
p. 537-552
Testing Rational Expectations and Efficiency in the Foreign Exchange Market
Patrick C. McMahon, Richard T. Baillie, Robert E. Lippens
p. 553-564
Expectations, Demand, and Observability
H. M. Polemarchakis
p. 565-574
Efficient Exchange with a Variable Number of Consumers
Urs Schweizer
p. 575-584
Input-Output Analysis and Technical Change
John Craven
p. 585-598
Inventories and Price Inflexibility
John McMillan, Klaus F. Zimmermann, Seiichi Kawasaki
p. 599-610
Capital Market Equilibrium with Personal Tax
George M. Constantinides
p. 611-636
A Financial Theory of Investment Behavior
Erling Steigum, Jr.
p. 637-646
The Multivariate Flexible Accelerator Model: Its Empirical Restrictions and an Application to U.S. Manufacturing
Larry G. Epstein, Michael G. S. Denny
p. 647-674
An Intertemporal Model of Saving and Investment
Andrew B. Abel, Olivier J. Blanchard
p. 675-692
Equilibrium Trajectories of Economic Growth
V. M. Polterovich
p. 693-730
The Impact of Exogenous Child Mortality on Fertility: A Waiting Time Regression with Dynamic Regressors
Kenneth I. Wolpin, Randall J. Olsen
p. 731-750
More Efficient Estimation in the Presence of Heteroscedasticity of Unknown Form
J. G. Cragg
p. 751-764
Distribution-Free Maximum Likelihood Estimator of the Binary Choice Model
Stephen R. Cosslett
p. 765-782
Nearly Efficient Estimation of Time Series Models with Predetermined, but not Exogenous, Instruments
Christopher Sims, Fumio Hayashi
p. 783-798
Maximum Likelihood Estimation of Regression Models with First Order Moving Average Errors when the Root Lies on the Unit Circle
Alok Bhargava, J. D. Sargan
p. 799-820
Approximate Distributions of k-Class Estimators when the Degree of Overidentifiability is Large Compared with the Sample Size
Kimio Morimune
p. 821-842
Notes and Comments: The Recovery of Risk Preferences from Actual Choices
Charles Wolf, Larry Pohlman
p. 843-850
Notes and Comments: Necessary and Sufficient Conditions for Conditional Cost Functions
M. J. Browning
p. 851-856
Accepted Manuscripts
p. 857-858
1982 Election of Fellows of the Econometric Society
p. 863-865
Fellows of the Econometric Society as of January, 1983
p. 866-877
Program of the 1982 North American Winter Meeting of the Econometric Society
p. 878-893
Issue 4
Submission of Manuscripts of Econometricia
On State Dependent Preferences and Subjective Probabilities
David Schmeidler, Edi Karni, Karl Vind
p. 1021-1032
Collective Probabilistic Judgements
Federico Valenciano, Salvador Barbera
p. 1033-1046
Endogenous Formation of Coalitions
Mordecai Kurz, Sergiu Hart
p. 1047-1064
A Generalization of the Quasilinear Mean with Applications to the Measurement of Income Inequality and Decision Theory Resolving the Allais Paradox
Chew Soo Hong
p. 1065-1092
The Influence of Classification and Observation Errors on the Measurement of Income Inequality
Aldi Hagenaars, Bernard van Praag, Wim van Eck
p. 1093-1108
Agglomeration as Local Instability of Spatially Uniform Steady-States
T. R. Smith, Y. Y. Papageorgiou
p. 1109-1120
Investment Selection with Imperfect Capital Markets
David G. Cantor, Steven A. Lippman
p. 1121-1144
Computable Qualitative Comparative Static Techniques
Gilbert Ritschard
p. 1145-1168
Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models
John B. Taylor, Ray C. Fair
p. 1169-1186
The Properties of the Parameterization of Armax Systems and Their Relevance for Structural Estimation and Dynamic Specification
M. Deistler
p. 1187-1208
Specification Error Analysis with Stochastic Regressors
Kajal Lahiri, Terrence Kinal
p. 1209-1220
Notes and Comments: Asymptotic Expansions Associated with the AR(1) Model with Unknown Mean
Katsuto Tanaka
p. 1221-1232
Notes and Comments: Heteroscedasticity in Models with Lagged Dependent Variables
A. R. Pagan, D. F. Nicholls
p. 1233-1242
Call for Papers: 1984 Summer Meeting of the Econometric Society
p. 1243-1244
Winter 1983 Econometric Society North American Meetings
p. 1243-1243
Accepted Manuscripts
p. 1245-1246
Regularity and Index Theory for Economies with Smooth Production Technologies
Timothy J. Kehoe
p. 895-918
On the Informational Size of Message Spaces for Efficient Resource Allocation Processes
Parkash Chander
p. 919-938
Large Indivisibles: An Analysis with Respect to Price Equilibrium and Fairness
Lars-Gunnar Svensson
p. 939-954
Equilibrium Price Dispersion
Kenneth Burdett, Kenneth L. Judd
p. 955-970
Price Responsiveness and Market Conditions
Michael Braulke
p. 971-980
Equilibrium Limit Pricing: The Effects of Private Information and Stochastic Demand
Leonard J. Mirman, Steven A. Matthews
p. 981-996
On the "Law of Demand"
Werner Hildenbrand
p. 997-1020
Issue 5
Submission of Manuscripts to Econometrica
Expectations, Plans, and Realizations in Theory and Practice
Marc Nerlove
p. 1251-1280
Arbitrage, Factor Structure, and Mean-Variance Analysis on Large Asset Markets
Gary Chamberlain, Michael Rothschild
p. 1281-1304
Funds, Factors, and Diversification in Arbitrage Pricing Models
Gary Chamberlain
p. 1305-1324
On the Efficient Markets Hypothesis
J. S. Jordan
p. 1325-1344
Portfolio Turnpike Theorems, Risk Aversion, and Regularly Varying Utility Functions
Gur Huberman, Stephen Ross
p. 1345-1362
The Determination of Spot and Futures Prices with Storable Commodities
Stephen J. Turnovsky
p. 1363-1388
Efficient, Anonymous, and Neutral Group Decision Procedures
Walter Armbruster, Werner Boge
p. 1389-1406
The Theory of Syndicates and Linear Sharing Rules
Amin H. Amershi, Jan H. W. Stoeckenius
p. 1407-1416
The Determination of the Union Status of Workers
Henry S. Farber
p. 1417-1438
Strategic Considerations in Invention and Innovation: The Case of Natural Resources
Joseph Stiglitz, Partha Dasgupta, Richard Gilbert
p. 1439-1448
Technical Progress and Structural Change in the Swedish Cement Industry 1955-1979
Finn R. Forsund, Lennart Hjalmarsson
p. 1449-1468
Natural Oligopolies
Avner Shaked, John Sutton
p. 1469-1484
A Difficulty with the Optimum Quantity of Money
Truman Bewley
p. 1485-1504
ERA's: A New Approach to Small Sample Theory
P. C. B. Phillips
p. 1505-1526
Identification in Linear Simultaneous Equations Models with Covariance Restrictions: An Instrumental Variables Interpretation
Jerry A. Hausman, William E. Taylor
p. 1527-1550
A Generalization of the Durbin Significance Test and Its Application to Dynamic Specification
F. Mehta, J. D. Sargan
p. 1551-1568
Notes and Comments: The Asymptotic Normality of Two-Stage Least Absolute Deviations Estimators
James L. Powell
p. 1569-1576
Notes and Comments: Non-Normality of the Lagrange Multiplier Statistic for Testing the Constancy of Regression Coefficients
Katsuto Tanaka
p. 1577-1582
Notes and Comments: Dynamic Effects of a Shift in Savings; The Role of Firms
Olivier J. Blanchard
p. 1583-1592
Notes and Comments: The Utility Function and the Superneutrality of Money on the Transition Path
Kazumi Asako
p. 1593-1596
Call for Papers: 1984 Summer Meeting of the Econometric Society
p. 1597-1598
Accepted Manuscripts
p. 1598-1598
Erratum: Individual Monotonicity and Lexigraphic Maxmin Solution
Haruo Imai
p. 1603-1603
Issue 6
Submission of Manuscripts to Econometrica
Identification and Lack of Identification
J. D. Sargan
p. 1605-1634
Estimating Dynamic Random Effects Models from Panel Data Covering Short Time Periods
Alok Bhargava, J. D. Sargan
p. 1635-1660
An Econometric Analysis of Reservation Wages
Andrew Chesher, Tony Lancaster
p. 1661-1676
Discontinuous Distributions and Missing Persons: The Minimum Wage and Unemployed Youth
David A. Wise, Robert H. Meyer
p. 1677-1698
Price Elasticities for Local Telephone Calls
Bridger M. Mitchell, Bruce M. Wetzel, Rolla Edward Park
p. 1699-1730
An Elasticity can be Estimated Consistently without a Priori Knowledge of Functional Form
A. Ronald Gallant, Geraldo Souza, Ibrahim Elbadawi
p. 1731-1752
Independence of Allocative Efficiency from Distribution in the Theory of Public Goods
Richard C. Cornes, Theodore C. Bergstrom
p. 1753-1766
Mechanism Design by an Informed Principal
Roger B. Myerson
p. 1767-1798
Efficient and Durable Decision Rules with Incomplete Information
Bengt Holmstrom, Roger B. Myerson
p. 1799-1820
Stationary Optimal Policies with Discounting in a Stochastic Activity Analysis Model
Mukul Majumdar, Roy Radner
p. 1821-1838
Notes and Comments: Energy Price Uncertainty and Optimal Factor Intensity: A Mean-Variance Analysis
Andrew B. Abel
p. 1839-1846
Notes and Comments: Identification in the Linear Errors in Variables Model
Arie Kapteyn, Tom Wansbeek
p. 1847-1849
Call for Papers: 1984 Summer Meeting of the Econometric Society
p. 1850-1851
European Meeting of the Econometric Society, Madrid 1984: Announcement and Call for Papers
p. 1851-1851
Announcement and Call for Papers: North American Winter Meeting of the Econometric Society
p. 1852-1852
Accepted Manuscripts
p. 1852-1853
Leif Johansen 1930-1982
p. 1854-1856
Program of the 1983 North American Summer Meeting of the Econometric Society
p. 1857-1863
The Econometric Society
