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 55

Issue 1

Back Matter

Log In To View Full Content

Front Matter

Log In To View Full Content

Submission of Manuscripts to Econometrica

Log In To View Full Content

Correlated Equilibrium as an Expression of Bayesian Rationality

Robert J. Aumann
p. 1-18

Log In To View Full Content Abstract

An Intertemporal General Equilibrium Asset Pricing Model: The Case of Diffusion Information

Chi-Fu Huang
p. 117-142

Log In To View Full Content Abstract

Proper Risk Aversion

John W. Pratt, Richard J. Zeckhauser
p. 143-154

Log In To View Full Content Abstract

Notes and Comments: Distributions of Preferences and the "Law of Demand"

Jean-Michel Grandmont
p. 155-161

Log In To View Full Content

Notes and Comments: Intransitive Indifference and Revealed Preference

Taesung Kim
p. 163-167

Log In To View Full Content

Notes and Comments: Monetary Uncertainty and Investment in an Optimizing, Rational Expectations Model with Income Taxes and Government Debt

Richard Hartman
p. 169-176

Log In To View Full Content

1987 North American Summer Meeting of the Econometric Society

p. 177-177

Log In To View Full Content

Nomination of Fellows, 1987

p. 177-177

Log In To View Full Content

7th Latin American Meeting of the Econometric Society--1987: Call For Papers

p. 178-180

Log In To View Full Content

European Meeting of the Econometric Society, Copenhagen, 1987: Announcement and Call for Papers

p. 180-181

Log In To View Full Content

1987 Australasian Meeting of the Econometric Society: Announcement and Call for Papers

p. 181-181

Log In To View Full Content

1987 Far Eastern Meeting of the Econometric Society: Announcement and Call for Papers

p. 181-181

Log In To View Full Content

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

p. 182-183

Log In To View Full Content

Accepted Manuscripts

p. 183-184

Log In To View Full Content

News Notes

p. 185-187

Log In To View Full Content

Report of the Secretary

Julie P. Gordon
p. 189-193

Log In To View Full Content

Macroeconomic Planning and Disequilibrium: Estimates for Poland, 1955-1980

David Winter, Richard E. Quandt, Richard Portes, Stephen Yeo
p. 19-41

Log In To View Full Content Abstract

Report of the Treasurer

Robert J. Gordon
p. 195-200

Log In To View Full Content

Report of the Editors

Angus Deaton, David Kreps, Lars Peter Hansen, Roger Guesnerie
p. 201-203

Log In To View Full Content

Econometrica Operating Procedures

Angus Deaton, David Kreps, Lars Peter Hansen, Roger Guesnerie
p. 204-206

Log In To View Full Content

The Econometric Society Research Monograph Series: Report of the Editors

Charles Manski, Jean-Michel Grandmont
p. 207-207

Log In To View Full Content

Submission of Manuscripts to the Econometric Society Monograph Series

p. 208-208

Log In To View Full Content

Program of the 1986 North American Summer Meeting of the Econometric Society

p. 209-223

Log In To View Full Content

Program of the 1986 Australasian Meeting of the Econometric Society

p. 225-230

Log In To View Full Content

Program of the 1986 European Meeting of the Econometric Society

p. 231-250

Log In To View Full Content

Flexible Functional Forms and Global Curvature Conditions

T. J. Wales, W. E. Diewert
p. 43-68

Log In To View Full Content Abstract

Posterior Implementability in a Two-Person Decision Problem

Jean-Jacques Laffont, Jerry R. Green
p. 69-94

Log In To View Full Content Abstract

The Dual Theory of Choice under Risk

Menahem E. Yaari
p. 95-115

Log In To View Full Content Abstract

Issue 2

Back Matter

Log In To View Full Content

Front Matter

Log In To View Full Content

Submission of Manuscripts to Econometrica

Log In To View Full Content

Co-Integration and Error Correction: Representation, Estimation, and Testing

C. W. J. Granger, Robert F. Engle
p. 251-276

Log In To View Full Content Abstract

Time Series Regression with a Unit Root

P. C. B. Phillips
p. 277-301

Log In To View Full Content Abstract

Aggregation and Linearity in the Provision of Intertemporal Incentives

Bengt Holmstrom, Paul Milgrom
p. 303-328

Log In To View Full Content Abstract

The Global Stability of Efficient Intertemporal Allocations

Larry G. Epstein
p. 329-355

Log In To View Full Content Abstract

Semiparametric Analysis of Random Effects Linear Models from Binary Panel Data

Charles F. Manski
p. 357-362

Log In To View Full Content Abstract

Semi-Nonparametric Maximum Likelihood Estimation

A. Ronald Gallant, Douglas W. Nychka
p. 363-390

Log In To View Full Content Abstract

Estimating Time Varying Risk Premia in the Term Structure: The Arch-M Model

David M. Lilien, Robert F. Engle, Russell P. Robins
p. 391-407

Log In To View Full Content Abstract

A Discrete Choice Model for Ordered Alternatives

Kenneth A. Small
p. 409-424

Log In To View Full Content Abstract

Market Equilibrium with Hidden Knowledge and Self-Selection

Luis Fernandez, Maxim Engers
p. 425-439

Log In To View Full Content Abstract

Monopoly Provision of Quality and Warranties: An Exploration in the Theory of Multidimensional Screening

John Moore, Steven Matthews
p. 441-467

Log In To View Full Content Abstract

1987 Australasian Meeting of the Econometric Society: Announcement and Call for Papers

p. 469-470

Log In To View Full Content

European Meeting of the Econometric Society, Copenhagen, 1987: Announcement and Call for Papers

p. 469-469

Log In To View Full Content

Nomination of Fellows, 1987

p. 469-469

Log In To View Full Content

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

p. 470-471

Log In To View Full Content

Accepted Manuscripts

p. 471-472

Log In To View Full Content

News Notes

p. 473-473

Log In To View Full Content

Program of the VI Latin American Meeting of the Econometric Society

p. 474-488

Log In To View Full Content

Erratum: Large Indivisibles: An Analysis with Respect to Price Equilibrium and Fairness

I.-G. Svensson
p. 489-489

Log In To View Full Content

Issue 3

[Photograph]: Michael Bruno, President of the Econometric Society, 1986; First Vice-President of the Econometric Society, 1985; Second Vice-President of the Econometric Society, 1984

Log In To View Full Content

Back Matter

Log In To View Full Content

Front Matter

Log In To View Full Content

Submission of Manuscripts to Econometrica

Log In To View Full Content

Money and Interest in a Cash-in-Advance Economy

Nancy L. Stokey, Robert E. Lucas, Jr.
p. 491-513

Log In To View Full Content Abstract

Engel Curves Leading to the Weak Axiom in the Aggregate

Andreu Mas-Colell, Xavier Freixas
p. 515-531

Log In To View Full Content Abstract

A Life-Cycle Consumption Model with Liquidity Constraints: Theory and Empirical Results

Randall P. Mariger
p. 533-557

Log In To View Full Content Abstract

Efficiency Bounds for Distribution-Free Estimators of the Binary Choice and the Censored Regression Models

Stephen R. Cosslett
p. 559-585

Log In To View Full Content Abstract

The Role of Conditioning Information in Deducing Testable Restrictions Implied by Dynamic Asset Pricing Models

Lars Peter Hansen, Scott F. Richard
p. 587-613

Log In To View Full Content Abstract

Dissolving a Partnership Efficiently

Paul Klemperer, Peter Cramton, Robert Gibbons
p. 615-632

Log In To View Full Content Abstract

Comparing Auctions for Risk Averse Buyers: A Buyer's Point of View

Steven Matthews
p. 633-646

Log In To View Full Content Abstract

Equilibrium Selection in Signaling Games

Jeffrey S. Banks, Joel Sobel
p. 647-661

Log In To View Full Content Abstract

Signalling with Many Signals

Maxim Engers
p. 663-674

Log In To View Full Content Abstract

Preference Reversal and the Observability of Preferences by Experimental Methods

Edi Karni, Zvi Safra
p. 675-685

Log In To View Full Content Abstract

Notes and Comments: Revealed Preferences and Differentiable Demand

Jean-Charles Rochet, Pierre-Andre Chiappori
p. 687-691

Log In To View Full Content

Notes and Comments: The Power of Nonparametric Tests of Preference Maximization

Stephen G. Bronars
p. 693-698

Log In To View Full Content

Notes and Comments: A Comparison of Two Consistent Estimators in the Choice-Based Sampling Qualitative Response Model

Quang H. Vuong, Takeshi Amemiya
p. 699-702

Log In To View Full Content

Notes and Comments: A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix

Kenneth D. West, Whitney K. Newey
p. 703-708

Log In To View Full Content

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

p. 709-709

Log In To View Full Content

Accepted Manuscripts

p. 709-710

Log In To View Full Content

News Notes

p. 711-711

Log In To View Full Content

Report of the President on Regional Activities of the Society

Michael Bruno
p. 712-712

Log In To View Full Content

1986 Election of Fellows to the Econometric Society

p. 713-718

Log In To View Full Content

Fellows of the Econometric Society as of January 1987

p. 719-732

Log In To View Full Content

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

p. 733-748

Log In To View Full Content

Issue 4

Back Matter

Log In To View Full Content

Front Matter

Log In To View Full Content

Submission of Manuscripts to Econometrica (Paragraphs 4 and 5 Revised for Volume 55.)

Log In To View Full Content

On the Measurement of Poverty

A. B. Atkinson
p. 749-764

Log In To View Full Content Abstract

The Sensitivity of an Empirical Model of Married Women's Hours of Work to Economic and Statistical Assumptions

Thomas A. Mroz
p. 765-799

Log In To View Full Content Abstract

Estimating a Structural Search Model: The Transition from School to Work

Kenneth I. Wolpin
p. 801-817

Log In To View Full Content Abstract

Asymmetric Least Squares Estimation and Testing

James L. Powell, Whitney K. Newey
p. 819-847

Log In To View Full Content Abstract

Efficient Estimation and Identification of Simultaneous Equation Models with Covariance Restrictions

Jerry A. Hausman, Whitney K. Newey, William E. Taylor
p. 849-874

Log In To View Full Content Abstract

Asymptotically Efficient Estimation in the Presence of Heteroskedasticity of Unknown Form

P. M. Robinson
p. 875-891

Log In To View Full Content Abstract

Errors in Variables in Linear Systems

Edward E. Leamer
p. 893-909

Log In To View Full Content Abstract

Equilibrium in Hotelling's Model of Spatial Competition

Carolyn Pitchik, Martin J. Osborne
p. 911-922

Log In To View Full Content Abstract

Generalized Symmetry Conditions at a Core Point

Norman Schofield, Richard D. McKelvey
p. 923-933

Log In To View Full Content Abstract

Stability and Collective Rationality

Terje Lensberg
p. 935-961

Log In To View Full Content Abstract

Egalitarian-Equivalent Cost Sharing of a Public Good

Herve Moulin
p. 963-976

Log In To View Full Content Abstract

Notes and Comments: The Variance-Covariance Matrix of the Maximum Likelihood Estimator in Triangular Structural Systems: Consistent Estimation

Ingmar R. Prucha
p. 977-978

Log In To View Full Content

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

p. 979-979

Log In To View Full Content

Accepted Manuscripts

p. 979-980

Log In To View Full Content

News Notes

p. 981-981

Log In To View Full Content

Report of the Committee on Election Procedures for Fellows

Amartya Sen, Frank Hahn, Michael Bruno, Robert Aumann
p. 983-988

Log In To View Full Content

A Report on the Election of Fellows

Daniel McFadden
p. 989-995

Log In To View Full Content

Submission of Manuscripts to the Econometric Society Monograph Series

p. 996-996

Log In To View Full Content

Erratum: Producer Incentives in Cost Allocation

H. P. Young
p. 997-997

Log In To View Full Content

Issue 5

Back Matter

Log In To View Full Content

Front Matter

Log In To View Full Content

Submission of Manuscripts to Econometrica (Paragraphs 4 and 5 Revised for Volume 55.)

Log In To View Full Content

Asymptotic Properties of Least Squares Estimators of Cointegrating Vectors

James H. Stock
p. 1035-1056

Log In To View Full Content Abstract

Nonmanipulable Cores

Gabrielle Demange
p. 1057-1074

Log In To View Full Content Abstract

Competitive Equilibria in Production Economies with an Infinite-Dimensional Commodity Space

William R. Zame
p. 1075-1108

Log In To View Full Content Abstract

Edgeworth Equilibria

C. D. Aliprantis, D. J. Brown, O. Burkinshaw
p. 1109-1137

Log In To View Full Content Abstract

The Ross Characterization of Risk Aversion: Strengthening and Extension

Mark J. Machina, William S. Neilson
p. 1139-1149

Log In To View Full Content Abstract

Dynamic Duopolistic Competition with Sticky Prices

Chaim Fershtman, Morton I. Kamien
p. 1151-1164

Log In To View Full Content Abstract

Comparative Static Properties of Optimal Nonlinear Income Taxes

John A. Weymark
p. 1165-1185

Log In To View Full Content Abstract

Existence Results and Finite Horizon Approximates for Infinite Horizon Optimization Problems

Roger J-B. J-B. Wets, Sjur D. Flam
p. 1187-1209

Log In To View Full Content Abstract

Notes and Comments: Testing Regression Equality with Unequal Variances

Samaradasa Weerahandi
p. 1211-1215

Log In To View Full Content

Notes and Comments: The Bias of a Heteroskedasticity Consistent Covariance Matrix Estimator

Andrew Chesher, Ian Jewitt
p. 1217-1222

Log In To View Full Content

Notes and Comments: Consistent Sets of Estimates for Regressions with Correlated or Uncorrelated Measurement Errors in Arbitrary Subsets of all Variables

Arie Kapteyn, Paul Bekker, Tom Wansbeek
p. 1223-1230

Log In To View Full Content

Notes and Comments: The Paradox of Thrift, Liquidity Preference and Animal Spirits

John Bryant
p. 1231-1235

Log In To View Full Content

Notes and Comments: Aggregation of Probability Judgments

C. R. Barrett, Prasanta K. Pattanaik
p. 1237-1241

Log In To View Full Content

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

p. 1242-1242

Log In To View Full Content

Call for Papers: 1988 North American Summer Meeting of the Econometric Society

p. 1242-1244

Log In To View Full Content

Accepted Manuscripts

p. 1244-1244

Log In To View Full Content

News Notes

p. 1245-1246

Log In To View Full Content

Erratum: An Application of Modified ERA's to White's Information Matrix Test

Larry W. Taylor
p. 1247-1247

Log In To View Full Content

Erratum: Estimation by the Analogy Principle

Charles F. Manski
p. 1247-1247

Log In To View Full Content

Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher

John Rust
p. 999-1033

Log In To View Full Content Abstract

Issue 6

Back Matter

Log In To View Full Content

Front Matter

Log In To View Full Content

Submission of Manuscripts to Econometrica (Paragraphs 4 and 5 Revised for Volume 55.)

Log In To View Full Content

Volume Information

Log In To View Full Content

Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis

John Y. Campbell
p. 1249-1273

Log In To View Full Content Abstract

Information Impact and Allocation Rules in Auctions with Affiliated Private Values: A Laboratory Study

Dan Levin, John H. Kagel, Ronald M. Harstad
p. 1275-1304

Log In To View Full Content Abstract

Implicit Alternatives and the Local Power of Test Statistics

James G. MacKinnon, Russell Davidson
p. 1305-1329

Log In To View Full Content Abstract

Structural Consistency, Consistency, and Sequential Rationality

David M. Kreps, Garey Ramey
p. 1331-1348

Log In To View Full Content Abstract

Incentive Compatibility in Signaling Games with a Continuum of Types

George J. Mailath
p. 1349-1365

Log In To View Full Content Abstract

A Refinement of Sequential Equilibrium

In-Koo Cho
p. 1367-1389

Log In To View Full Content Abstract

Rationalizability and Correlated Equilibria

Adam Brandenburger, Eddie Dekel
p. 1391-1402

Log In To View Full Content Abstract

Arbitrage and the Existence of Competitive Equilibrium

Jan Werner
p. 1403-1418

Log In To View Full Content Abstract

Time Consistency of Fiscal and Monetary Policy

Lars E. O. Svensson, Mats Persson, Torsten Persson
p. 1419-1431

Log In To View Full Content Abstract

Forward Exchange, Futures Trading, and Spot Price Variability: A General Equilibrium Approach

Makoto Yano, Paul Weller
p. 1433-1450

Log In To View Full Content Abstract

Characterizing Some Gorman Engel Curves

Arthur Lewbel
p. 1451-1459

Log In To View Full Content Abstract

Notes and Comments: Value, Symmetry, and Equal Treatment: A Comment on Scafuri and Yannelis

Robert J. Aumann
p. 1461-1464

Log In To View Full Content

Notes and Comments: Consistency in Nonlinear Econometric Models: A Generic Uniform Law of Large Numbers

Donald W. K. Andrews
p. 1465-1471

Log In To View Full Content

Notes and Comments: Forecast Variance in Dynamic Simulation of Simultaneous Equation Models

Giorgio Calzolari
p. 1473-1476

Log In To View Full Content

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

p. 1477-1478

Log In To View Full Content

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

p. 1477-1477

Log In To View Full Content

Nomination of Fellows, 1988

p. 1477-1477

Log In To View Full Content

Call for Papers: 1988 North American Summer Meeting of the Econometric Society

p. 1478-1479

Log In To View Full Content

Accepted Manuscripts

p. 1480-1480

Log In To View Full Content

News Notes

p. 1481-1482

Log In To View Full Content

Program of the 1987 North American Summer Meeting of the Econometric Society

p. 1483-1488

Log In To View Full Content