Econometrica - Volume 45
Issue 1
Estimating the Returns to Schooling: Some Econometric Problems
Zvi Griliches
p. 1-22
On the Foundations of the Theory of Monopolistic Competition
Hugo Sonnenschein, John Roberts
p. 101-113
Estimation of the Allocation of Time for Work, Leisure, and Housework
A. D. Woodland, T. J. Wales
p. 115-132
Ray-Homothetic Production Functions
Rolf Fare, Ronald W. Shephard
p. 133-146
The Production Structure of the Korean Economy: International and Historical Comparisons
Byung-Nak Song
p. 147-162
A Note on New Goods and Quality Changes in the True Cost of Living Index in View of Lancaster's Model of Consumer Behavior
N. Anders Klevmarken
p. 163-172
Non-Price Rationing of Intermediate Goods in Centrally Planned Economies: A Comment
Donald W. Green, Peter Murrell
p. 175-181
Estimation of Time-Varying Markov Processes with Aggregate Data
Elizabeth Chase MacRae
p. 183-198
Error Components and Seemingly Unrelated Regressions
Robert B. Avery
p. 199-209
Specification of the Disturbance for Efficient Estimation--An Extended Analysis
A. R. Pagan, D. F. Nicholls
p. 211-218
Notes and Comments: Market Organization and the Durability of Durable Goods
Leonardo Auernheimer, Thomas R. Saving
p. 219-228
Notes and Comments: Product Durability under Monopoly and Competition: Comment
Peter L. Swan
p. 229-236
The Systems of Consumer Demand Functions Approach: A Review
Anton P. Barten
p. 23-51
Accepted Manuscripts
p. 237-237
Winter 1977 Econometric Society Meetings
p. 237-237
Report of the Secretary
Julie P. Gordon
p. 240-243
Report of the Treasurer
Robert J. Gordon
p. 244-246
Report of the Editor
Franklin M. Fisher
p. 246-248
Program of the Econometric Society Summer North American Meeting, June 23-26, 1976
p. 249-251
Program of the Econometric Society Summer European Meeting, August 24-27, 1976, Helsinki, Finland
p. 252-256
Program of the Econometric Society Fall North American Meetings, September 16-18, 1976, Atlantic City, New Jersey
p. 257-271
Erratum: Economic Estimators and the Edgeworth Approximation
J. D. Sargan
p. 272-272
Social Choice Theory: A Re-Examination
Amartya Sen
p. 53-89
Kernels of Preference Structures
D. J. White
p. 91-100
Issue 2
Small Sample Properties of a Class of Two Stage Aitken Estimators
William E. Taylor
p. 497-508
Asymptotic Expansions of the Distributions of Estimates in Simultaneous Equations for Alternative Parameter Sequences
T. W. Anderson
p. 509-518
Notes and Comments: External Diseconomies in Consumption and Monopoly Pricing: A Comment
Jacques Lesourne
p. 519-526
Ta-Chung Liu, 1914-1975
L. R. Klein, M. Nerlove, S. C. Tsiang
p. 527-529
Publications of Ta-Chung Liu
p. 529-530
Accepted Manuscripts
p. 531-532
Winter 1977 Econometric Society Meetings
p. 531-531
Erratum: An Econometric Evaluation of a Generalized Consumer Surplus Measure: The Mineral King Controversy
Anthony C. Fisher, Charles J. Cicchetti, V. Kerry Smith
p. 533-533
Stability Theorems with Economic Applications
Claude Henry, Jacques Dreze, Paul Champsaur
p. 273-294
A Renewal Model of Economic Growth: The Continuous Case
John S. Chipman
p. 295-316
Optimal Maximin Accumulation with Uncertain Future Technology
Guillermo A. Calvo
p. 317-328
Optimal Tax-Subsidy System for an Economy with Marshallian Externalities
Hiroaki Osana
p. 329-340
Coalition Structure in a Labor-Managed Market Economy
Tatsuro Ichiishi
p. 341-360
The Formation of Small Market Places in a Competitive Economic Process--The Dynamics of Agglomeration
Robert C. Baesemann
p. 361-374
Frank Knight's Theorem in Linear Programming Revisited
A. D. Woodland, W. E. Diewert
p. 375-398
Rationing, Quantity Constraints, and Consumption Theory
David H. Howard
p. 399-412
Risk Aversion and Consumer Preferences
Giora Hanoch
p. 413-426
Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods
Jean-Jacques Laffont, Jerry Green
p. 427-438
Strategy-Proofness and Social Choice Functions without Singlevaluedness
Jerry S. Kelly
p. 439-446
The Demand for Housing: A Study in Specification and Grouping
A. Mitchell Polinsky
p. 447-462
Approximations to Some Finite Sample Distributions Associated with a First-Order Stochastic Difference Equation
P. C. B. Phillips
p. 463-486
Finite Sample Properties of Instrumental Variable Estimators of Structural Coefficients
Roberto S. Mariano
p. 487-496
Issue 3
[Photograph]: Hirofumi Uzawa, President of the Econometric Society, 1976; First Vice-President of the Econometric Society, 1975; Second Vice-President of the Econometric Society, 1974
Temporary General Equilibrium Theory
Jean Michel Grandmont
p. 535-572
Non-Walrasian Equilibria
Hal R. Varian
p. 573-590
Some Generic Properties of Aggregate Excess Demand and an Application
Andreu Mas-Colell, Wilhelm Neuefeind
p. 591-600
Smoothness, Comparative Dynamics, and the Turnpike Property
A. Araujo, J. A. Scheinkman
p. 601-620
Risk Invariance and Ordinally Additive Utility Functions
Robert D. Willig
p. 621-640
Deductibles and the Demand for Medical Care Services: The Theory of a Consumer Facing a Variable Price Schedule under Uncertainty
C. E. Phelps, E. B. Keeler, J. P. Newhouse
p. 641-656
The Shapley Value as a von Neumann-Morgenstern Utility
Alvin E. Roth
p. 657-664
Manipulation of Schemes that Mix Voting with Chance
Allan Gibbard
p. 665-681
A Comparison of Automobile Demand Equations
Alan C. Hess
p. 683-702
Durability of Capital Goods: Taxes and Market Structure
Artur Raviv, Eitan Zemel
p. 703-718
Applications of Lorenz Curves in Economic Analysis
N. C. Kakwani
p. 719-728
Homogeneous Programming: Saddlepoint and Perturbation Function
Gerald LeBlanc
p. 729-736
A Note on Trend Removal Methods: The Case of Polynomial Regression versus Variate Differencing
J. Keith Ord, Jack C. Hayya, K. Hung Chan
p. 737-744
The Robustness of Some Standard Tests for Autocorrelation and Heteroskedasticity when Both Problems Are Present
Mary Lee Epps, Thomas W. Epps
p. 745-754
Notes and Comments: Pooling as a Specification Error: A Comment
Moheb A. Ghali
p. 755-758
Notes and Comments: The k-Class Estimators as Least Variance Difference Estimators
James B. McDonald
p. 759-764
Notes and Comments: Equilibrium in the Market for Land: Obtaining Spatial Distributions by Change of Variable--A Comment
Russell Lee
p. 765-768
Notes and Comments: A Note on Gross Substitutability of Financial Assets
Mary Kay Plantes, Olivier J. Blanchard
p. 769-772
Computer Algorithm: An Algorithm for Implementing Fisher's Tests
James Steuert
p. 773-773
Accepted Manuscripts
p. 774-774
Election of Fellows, 1976
p. 776-780
Issue 4
Notes and Comments: Spectral Utility Functions and the Design of a Stationary System
Roger J. Bowden
p. 1007-1012
Notes and Comments: A Stochastic Optimal Control Technique for Models with Estimated Coefficients
Arthur Havenner, Roger Craine
p. 1013-1022
Notes and Comments: A Note on Wallis' Bounds Test and Negative Autocorrelation
D. E. A. Giles, M. L. King
p. 1023-1026
Notes and Comments: A Comment on the Test of Overidentifying Restrictions
Joseph B. Kadane, T. W. Anderson
p. 1027-1032
Notes and Comments: A Note on Consumer's Surplus, the Divisia Index, and the Measurement of Welfare Changes
Neil Bruce
p. 1033-1038
Accepted Manuscripts
p. 1039-1039
Erratum: An Econometric Evaluation of a Generalized Consumer Surplus Measure: The Mineral King Controversy
Anthony C. Fisher, Charles J. Cicchetti, V. Kerry Smith
p. 1041-1041
Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem
John Ledyard, Theodore Groves
p. 783-810
Necessary and Sufficient Conditions for a Pareto Optimum in Convex Programming
A. Ben-Israel, A. Ben-Tal, A. Charnes
p. 811-820
Economic Environments for which there are Pareto Satisfactory Mechanisms
Kenneth Mount, Stanley Reiter
p. 821-842
A Two-Person Exchange Model
King-Tak Lee
p. 843-852
Maximin Paths of Heterogeneous Capital Accumulation and the Instability of Paradoxical Steady States
E. Burmeister, P. J. Hammond
p. 853-870
Social Decision Functions and the Veto
Julian H. Blau, Rajat Deb
p. 871-880
On Preferences, Beliefs, and Manipulation within Voting Situations
Jean-Marie Blin, Mark A. Satterthwaite
p. 881-888
The Existence of Choice Functions
Anjan Mukherji
p. 889-894
A Matrix Measure of Multivariate Local Risk Aversion
George T. Duncan
p. 895-904
Linear Quadratic Control Theory for Models with Long Lags
Alfred Lorn Norman, Woo Sik Jung
p. 905-918
Social Experimentation, Truncated Distributions, and Efficient Estimation
David A. Wise, Jerry A. Hausman
p. 919-938
Some Properties of a Modification of the Limited Information Estimator
Wayne A. Fuller
p. 939-954
The Maximum Likelihood and the Nonlinear Three-Stage Least Squares Estimator in the General Nonlinear Simultaneous Equation Model
Takeshi Amemiya
p. 955-968
The Properties of Autoregressive Instrumental Variables Estimators in Dynamic Systems
David F. Hendry, Frank Srba
p. 969-990
Notes and Comments: Singular Dynamic Leontief Systems
Ami Arbel, David G. Luenberger
p. 991-996
Notes and Comments: Some Small Sample Evidence on the Distribution of Dynamic Simulation Forecasts
Peter Schmidt
p. 997-1006
Issue 5
On the Theory of Layoffs and Unemployment
Martin Neil Baily
p. 1043-1063
Fertility, Schooling, and the Economic Contribution of Children of Rural India: An Econometric Analysis
Mark R. Rosenzweig, Robert Evenson
p. 1065-1079
A Logit Model of Homeownership
ingche M. Li
p. 1081-1097
Determinants of Scrapping Rates for Postwar Vintage Automobiles
Richard W. Parks
p. 1099-1115
Recursive Subaggregation and a Generalized Hypocycloidal Demand Model
William A. Barnett
p. 1117-1136
Power and Taxes
Mordecai Kurz, Robert J. Aumann
p. 1137-1161
A New Approach to the Nash Bargaining Problem
A. M. Buoncristiani, D. L. Brito, M. D. Intriligator
p. 1163-1172
Revealed Preference and Aggregation
Wayne J. Shafer
p. 1173-1182
A Note on Separability and Quasiconcavity
Menahem E. Yaari
p. 1183-1186
Disequilibrium Econometrics for Business Loans
Jean-Jacques Laffont, Rene Garcia
p. 1187-1204
The Asymptotic Properties of a Maximum Likelihood Estimator for a Model of Markets in Disequilibrium
Michael J. Hartley, Parthasaradhi Mallela
p. 1205-1220
Inferential Procedures in Nonlinear Models: An Application in a UK Industrial Cross Section Study of Factor Substitution and Returns to Scale
Grayham E. Mizon
p. 1221-1242
Estimation of Simultaneous Equation Models with Measurement Error
Vincent J. Geraci
p. 1243-1255
Bounds for the Bias of the Least Squares Estimator of @s^2 in the Case of a First-Order Autoregressive Process (Positive Autocorrelation)
H. Neudecker
p. 1257-1262
Conflict among Criteria for Testing Hypotheses in the Multivariate Linear Regression Model
Ernst R. Berndt, N. Eugene Savin
p. 1263-1277
Application of Pre-Test and Stein Estimators to Economic Data
Dennis J. Aigner, George G. Judge
p. 1279-1288
Notes and Comments: A Comment on Consumption Decisions under Uncertainty
Syed M. Ahsan
p. 1289-1290
Notes and Comments: Tests of Equality between Sets of Coefficients in Two Linear Regressions when Disturbance Variances are Unequal
W. A. Jayatissa
p. 1291-1292
Notes and Comments: Some Further Evidence on the Use of the Chow Test under Heteroskedasticity
Peter Schmidt, Robin Sickles
p. 1293-1298
Accepted Manuscripts
p. 1299-1299
Calendar of 1977 International Meetings
p. 1299-1301
Formation of the International Association for Statistical Computing, an Open Association of the International Statistical Institute
p. 1301-1301
Erratum: Estimating Regression Models with Multiplicative Heteroscedasticity
A. C. Harvey
p. 1302-1302
Issue 6
The Independent Inputs of Production
Henri Theil
p. 1303-1327
Pricing under Spatial Competition and Spatial Monopoly
Dennis R. Capozza, Robert Van Order
p. 1329-1338
A Quantity-Quantity Algorithm for Planning under Increasing Returns to Scale
Jacques Cremer
p. 1339-1348
A Convergent Adjustment Process for Firms in Competition
D. J. Gates, D. J. Wilson, J. A. Rickard
p. 1349-1363
The Continuity of Optimal Dynamic Decision Rules
J. S. Jordan
p. 1365-1376
Conditions for Unique Solutions in Stochastic Macroeconomic Models with Rational Expectations
John B. Taylor
p. 1377-1385
Regular, Nonconvex Economies
Andreu Mas-Colell
p. 1387-1407
The Recoverability of Consumers' Preferences from Market Demand Behavior
Andreu Mas-Colell
p. 1409-1430
Aggregation Procedure for Cardinal Preferences: A Formulation and Proof of Samuelson's Impossibility Conjecture
David Schmeidler, Ehud Kalai
p. 1431-1438
Measuring Returns to Scale in the Aggregate, and the Scale Effect of Public Goods
David A. Starrett
p. 1439-1455
Existence of Limit Cycles and Control in Complete Keynesian System by Theory of Bifurcations
V. Torre
p. 1457-1466
Existence of Stable Distributed Lags
Richard E. Just
p. 1467-1480
Multiple Time Series Analysis and the Final Form of Econometric Models
Kenneth F. Wallis
p. 1481-1497
Efficient Estimation and Inference in Large Econometric Systems
R. P. Byron
p. 1499-1515
A General Theorem in the Theory of Asymptotic Expansions as Approximations to the Finite Sample Distributions of Econometric Estimators
P. C. B. Phillips
p. 1517-1534
Computer Algorithm: Pooled Time-Series Cross-Section Estimation
Arthur Havenner, Ronald Herman
p. 1535-1536
Accepted Manuscripts
p. 1537-1537
Issue 7
On Weights and Measures: Informational Constraints in Social Welfare Analysis
Amartya Sen
p. 1539-1572
The Manipulation of Social Choice Mechanisms that Do Not Leave "Too Much" to Chance
Salvador Barbera
p. 1573-1588
The Ratio Equilibria and the Core of the Voting Game G(N, W) in a Public Goods Economy
Mamoru Kaneko
p. 1589-1594
The Nature of Equilibrium with Semiordered Preferences
Dean T. Jamison, Lawrence J. Lau
p. 1595-1605
Incentive Compatible Behavior in Core-Selecting Organizations
John O. Ledyard
p. 1607-1621
Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons
Ehud Kalai
p. 1623-1630
Two-Person Bargaining Problems and Comparable Utility
Roger B. Myerson
p. 1631-1637
Note sur les Fonctions de Consommation en Prix et Revenu Reels de Fourgeaud et Nataf
F. Carlevaro
p. 1639-1650
Price-Taking Behavior
Leif Johansen
p. 1651-1656
Trade and Prices in a Closed Economy with Exogeneous Uncertainty, Different Levels of Information, Money and Compound Futures Markets
Martin Shubik, Pradeep Dubey
p. 1657-1680
Quality Change and the Demand for Hospital Care
Martin Feldstein
p. 1681-1702
`Second Best' Congestion Taxes in Transportation Systems
Trent J. Bertrand
p. 1703-1715
Notes and Comments: The Estimation of Simultaneous Probability Models
Charles D. Mallar
p. 1717-1722
Notes and Comments: A Note on the Computation of the Tobit Estimator
Ray C. Fair
p. 1723-1727
Notes and Comments: A Note on Distributed Lags, Prediction, and Signal Extraction
David M. Grether
p. 1729-1734
Notes and Comments: On the Granger Condition for Non-Causality
Yuzo Hosoya
p. 1735-1736
Notes and Comments: The Stability of Models of Money and Perfect Foresight: A Comment
Guillermo A. Calvo
p. 1737-1739
Computer Algorithm: A Computer Program for Box-Cox Transformation and Estimation Technique
Hui S. Chang
p. 1741-1741
Accepted Manuscripts
p. 1743-1743
Announcement of Termination of the Section of Econometrica Devoted to Computer Algorithms
p. 1743-1743
Program of the 1977 North American Summer Meeting of the Econometric Society, June 22-25, 1977
p. 1743-1746
Issue 8
Macroeconometric Models of the Soviet Union and Eastern European Economies: A Tabular Survey
H. T. Shapiro
p. 1747-1766
A Generalization of the Open Expanding Economy Model
Otto Moeschlin
p. 1767-1776
Continuity of Equilibria for Production Economies: New Results
Gerard Fuchs
p. 1777-1796
The Structure of Technology Over Time: A Model for Testing the "Putty-Clay" Hypothesis
Melvyn A. Fuss
p. 1797-1821
Efficient Investment and Growth Consistency in the Input-Output Frame: An Analytical Contribution
Sajal Lahiri
p. 1823-1835
The United Kingdom Tax System 1968-1970: Some Fixed Point Indications of Its Economic Impact
John Whalley
p. 1837-1858
A Recommendation for a Better Tariff Structure
Tatsuo Hatta
p. 1859-1869
Nonlinearity of Delivered Price Schedules and Predatory Pricing
John Greenhut, M. L. Greenhut
p. 1871-1875
A Note on the Stability of Large Cartels
Andrew Postlewaite, John Roberts
p. 1877-1878
A Model of Borrowing and Lending with Bankruptcy
Martin F. Hellwig
p. 1879-1906
Towards a Theory of Elections with Probabilistic Preferences
Peter C. Fishburn, William V. Gehrlein
p. 1907-1924
Global Characterization of the Weak Le Chatelier-Samuelson Principles and Its Applications to Economic Behavior, Preferences, and Utility-- "Embedding" Theorems
Sho-Ichiro Kusumoto
p. 1925-1955
Integrability and Mathematical Programming Models: A Survey and a Parametric Approach
Malachy Carey
p. 1957-1976
The Estimation of Choice Probabilities from Choice Based Samples
Charles F. Manski, Steven R. Lerman
p. 1977-1988
The Durbin-Watson Test for Serial Correlation with Extreme Sample Sizes or Many Regressors
Kenneth J. White, N. E. Savin
p. 1989-1996
Notes and Comments: Some Evidence on the Largest Squared Correlation Coefficient from Several Samples
Robert W. Bacon
p. 1997-2001
1978 European Meeting of the Econometric Society in Geneva
p. 2003-2004
1977-1978 Meetings of the Econometric Society
p. 2003-2003
Fall 1978 Econometric Society Meetings in Chicago
p. 2003-2003
1978 Summer Meeting of the Econometric Society in Boulder
p. 2004-2004
Accepted Manuscripts
p. 2004-2005
Erratum: Bounds for the Bias of the Least Squares Estimator of @s^2 in the Case of a First-Order Autoregressive Process (Positive Autocorrelation)
H. Neudecker
p. 2006-2006