Table Of Content

ECONOMETRICA JOURNAL OF THE ECONOMETRIC SOCIETY An Internaiional Society for the Advancement of Economic Theory in its Relation to Statistics and Mathematics VOLUME 59 INDEX ARTICLES ABEL, ANDREW B., AND B. DouGLas BERNHEIM: Fiscal Policy with Impure Intergenera- tional Altrusim ABREU, DiLip, PAUL MILGROM, AND DAvID PEARCE: Information and Timing in Repeated Partnerships ABREU, DILip, AND ARUNAVA SEN: Virtual Implementation in Nash Equilibrium ALKAN, AHMET, GABRIELLE DEMANGE, AND Davip GALE: Fair Allocation of Indivisible Goods and Criteria of Justice ALLEN, FRANKLIN, AND DouGLas GALE: Arbitrage, Short Sales, and Financial Innovation, . ANDREwsS, DONALD W. K.: Asymptotic Normality of Series Estimators for Nonparametric and Semiparametric Regression Models : Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimation . Araujo, Aorsio: The Once But Not Twice Differentiability of the Policy Function ATKESON, ANDREw: International Lending with Moral Hazard and Risk of Repudiation . . . BARBERA, SALVADOR, HUGO SONNENSCHEIN, AND Lin ZHou: Voting By Committees BEcKER, Ropert A., JoHN H. Boyp III, AND CipriaAN Fotas: The Existence of Ramsey Equilibrium BE; KOVEC, JAMES, AND STEVEN STERN: Job Exit Behavior of Older Men BEi...HEIM, B. Douc.as: (See ABEL) BLUME, LAWRENCE, ADAM BRANDENBURGER, AND EppIE DEKEL: Lexicographic Probabili- ties and Choice Under Uncertainty : Lexicographic Probabilities and Equilibrium Refinements Boyp, Joun H. III: (See BECKER) BRANDENBURGER, ADAM: (See BLUME) BROWNING, MARTIN, AND Costas MEGuir: The Effects of Male and Female Labor Supply on Commodity Demands CABALLERO, RICARDO J., AND EDUARDO M. R. A. ENGEL: Dynamic (S, s) Economies CaPLIN, ANDREW, AND BARRY NALEBUFF: Aggregation and Imperfect Competition: On the Existence of Equilibrium : Aggregation and Social Choice: A Mean Voter Theorem Case, ANNE C.: Spatial Patterns in Household Demand CHESHER, ANDREW, AND RICHARD Spapy: Asymptotic Expansions of the Information Matrix Test Statistic Cuew, S. H., L. G. Epstein, AND U. SEGAL: Mixture Symmetry and Quadratic Utility CHRISTIANO, LAWRENCE J., MARTIN EICHENBAUM, AND DAvipD MARSHALL: The Permanent Income Hypothesis Revisited COLEMAN, WILBUR JoHN II: Equilibrium in a Production Economy with an Income Tax .. . DaGENAIS, MARCEL G., AND JEAN-MarieE Durour: Invariance, Nonlinear Models, and Asymptotic Tests Deaton, ANGus: Saving and Liquidity Constraints DEKEL, Eppte: (See BLUME) DEMANGE, GABRIELLE: (See ALKAN) DETEMPLE, JEROME B., AND FERNANDO ZAPATERO: Asset Prices in an Exchange Economy with Habit Formation DrERKER, EGBERT: The Optimality of Boiteux-Ramsey Pricing Durour, JEAN-MarIE: (See DAGENAIS) EICHENBAUM, MartIN: (See CHRISTIANO) ENGEL, EpuARDO M. R. A.: (See CABALLERO) EpsteIn, L. G.: (See CHEw) iv INDEX Ericsson, Nem R.: Monte Carlo Methodology and the Finite Sample Properties of Instrumental Variables Statistics for Testing Nested and Non-Nested Hypotheses . . Foras, Crprian: (See BECKER) Foster, JAMES E., AND ANTHONY F, SHORROCKs: Subgroup Consistent Poverty Indices .. . FRIEDMAN, DANIEL: Evolutionary Games in Economics Gate, Davin: (See ALKAN) Gace, Douatas: (See ALLEN) GuL, Faruk: A Theory of Disappointment Aversion HARDLE, WOLFGANG, WERNER HILDENBRAND, AND MICHAEL JERISON: Empirical Evidence on the Law of Demand HayasHi, Fumio, AND TOHRU INOUE: The Relation Between Firm Growth and Q with Multiple Capital Goods: Theory and Evidence from Panel Data on Japanese Firms . HERMALIN, BENJAMIN E., AND MICHAEL L. Katz: Moral Hazard and Verifiability: The Effects of Renegotiation in Agency HILDENBRAND, WERNER: (See HARDLE) Hussey, 2 OBERT: (See TAUCHEN) INOUE, ToHRUu: (See HAYASHI) Iron, Hipesut: Incentives to Help in Multi-Agent Situations JACKSON, MATTHEw O.: Bayesian Implementation JERISON, MICHAEL: (See HARDLE) JOHANSEN, S@REN: Estimation and Hypothesis Testing of Cointegration Vectors in Gauss- ian Vector Autoregressive Models Katz, MICHAEL L.: (See HERMALIN) LewseEL, ARTHUR: The Rank of Demand Systems: Theory and Nonparametric Estimation . LipMAN, BARTON L.: How to Decide How to Decide How to ...: Modeling Limited Rationality Lo, ANDREW W.: Long-Term Memory in Stock Market Prices LoomeEs, GRAHAM, CHRIS STARMER, AND ROBERT SUGDEN: Observing Violations of Transi- tivity by Experimental Methods Maanac, Tu.: Segmented or Competitive Labor Markets? MANELLI, ALEJANDRO M.: Monotonic Preferences and Core Equivalence MarsHALL, Davin: (See CHRISTIANO) MatsuyYAMA, Kiminori: Endogenous Price Fluctuations in an Optimizing Model of a Monetary Economy Matzkin, Rosa L.: Semiparametric Estimation of Monotone and Concave Utility Func- tions for Polychotomous Choice Models McLENNAN, ANDREW, AND HuGO SONNENSCHEIN: Sequential Bargaining as a Noncoopera- tive Foundation for Walrasian Equilibrium Meauir, Costas: (See BROWNING) MILGRoM, PAuL: (See ABREU) NALEBUFF, BARRY: (See CAPLIN) NE son, DanicL B.: Conditional Heteroskedasticity in Asset Returns: A New Approach ,. PALFREY, THOMAS R., AND SANJAY SRIVASTAVA: Nash Implementation Using Undomi- nated Strategies Pearce, Davin: (See ABREU) PERRON, PIERRE: A Continuous Time Approximation to the Unstable First-Order Autore- gressive Process: The Case Without an Intercept Peters, MICHAEL: Ex Ante Price Offers in Matching Games Non-Steady States Puituips, P. C. B.: Error Correction and Long-Run Equilibrium in Continuous Time : Optimal Inference in Cointegrated Systems POLASEK, WOLFGANG: (See POTZELBERGER) POTZELBERGER, KLAUS, AND WOLFGANG PoLasEK: Robust HPD Regions in Bayesian Regression Models Rosinson, PETER M.: Automatic Frequency Domain Inference on Semiparametric and Nonparametric Models INDEX : Best Nonlinear Three-Stage Least Squares Estimation of Certain Econometric RUBINSTEIN, ARIEL: Comments on the Interpretation of Game Theory Santos, MANUEL S.: Smoothness of the Policy Function in Discrete Time Economic Models SEGAL, U.: (See CHEW) SEN, ARUNAVA: (See ABREU) SHoRROcKs, ANTHONY F.: (See Foster) Sims, CHRISTOPHER A., AND HARALD UHLIG: Understanding Unit Rooters: A Helicopter SoBEL, JoEL: Durable Goods Monopoly with Entry of New Consumers SONNENSCHEIN, Huo: (See BARBERA) : (See MCLENNAN) Spapy, RICHARD: (See CHESHER) SRIVASTAVA, SANJAY: (See PALFREY) STARMER, Curis: (See Loomes) STERN, STEVEN: (See BERKOVEC) SUGDEN, ROBERT: (See LoomeEs) TADENUMA, KOICHI, AND WILLIAM THOMSON: No-Envy and Consistency in Economies with Indivisible Goods TAUCHEN, GEORGE, AND RosBertT Hussey: Quadrature-Based Methods for Obtaining Approximate Solutions to Nonlinear Asset Pricing Models THomson, WILLIAM: (See TADENUMA) TURUNEN-RED, ARJA H., AND ALAN D. Woop ann: Strict Pareto-Improving Multilateral Reforms of Tariffs Unu.ic, Hara.p: (See Sims) Wo ak, FRANK A.: The Local Nature of Hypothesis Tests Involving Inequality Constraints in Nonlinear Models WooDLanD, ALAN D.: (See TURUNEN-RED) ZAPATERO, FERNANDO: (See DETEMPLE) Zuou, Lin: (See BARBERA) NOTES AND COMMENTS ALLINGHAM, MICHAEL: Existence Theorems in the Capital Asset Pricing Model BESLEY, TIMOTHY, AND IAN Jewrtt: Decentralizing Public Good Supply Borpber, Kim C.: Implementation of Reduced Form Auctions: A Geometric Approach... . Car.sson, Hans: A Bargaining Model where Parties Make Errors Froot, KENNETH A., AND MAURICE OBSTFELD: Stochastic Process Switching: Some Simple Solutions GiLBoA, ITZHAK, AND AKIHIKO Matsut: Social Stability and Equilibrium Howe, Eric C.: A More Powerful Method for Triangularizing Input-Output Matrices: A Comment Jewitt, IAN: (See BESLEY) KosayYASsHI, MasAuito: Testing for Autocorrelated Disturbances in Nonlinear Regression Analysis Matsul, AKIHIKO: (See GILBOA) Marzkin, Rosa L.: Axioms of Revealed Preference for Nonlinear Choice Sets OBSTFELD, Maurice: (See Froot) O’NEILL, BARRY: Comments on Brown and Rosenthal’s Reexamination Mappen, Pau: A Generalization of Hicksian q Substitutes and Complements with Application to Demand Rationing Newey, Wuitney K.: Uniform Convergence in Probability and Stochastic Equicontinuity . . Peters, HANS, AND PETER WAKKER: Independence of Irrelevant Alternatives and Re- vealed Group Preferences vi INDEX SmitH, GREGOR W.: Solution to a Problem ot Stochastic Process Switching SPRUMONT, Yves: The Division Problem with Single-Peaked Preferences: A Characteriza- tion of the Uniform Allocation Rule Svensson, Lars-GuUNNAR: Nash Implementation of Competitive Equilibria in a Model with Indivisible Goods WakKER, PETER: (See PETERS) ANNOUNCEMENTS AND NEWS NOTES ANNOUNCEMENTS 1990 ELECTION OF FELLOWS TO THE ECONOMETRIC SOCIETY FELLOWS OF THE ECONOMETRIC SOCIETY AS OF DECEMBER, 1990 GUIDELINES ON SUBMISSION OF MANUSCRIPTS ON EXPERIMENTAL ECONOMICS News Notes NOMINATION OF FELLOWS PROGRAM OF THE 1991 AUSTRALASIAN MEETING OF THE ECONOMETRIC SOCIETY PROGRAM OF THE 1991 FAR EASTERN MEETING OF THE ECONOMETRIC SOCIETY PROGRAM OF THE 1991 NoRTH AMERICAN SUMMER MEETING OF THE ECONOMETRIC Society . .1515 PROGRAM OF THE 1990 NorRTH AMERICAN WINTER MEETING OF THE ECONOMETRIC Society . .1201 PROGRAM OF THE SIXTH WORLD CONGRESS OF THE ECONOMETRIC SOCIETY REPORT OF THE EDITORS REPORT OF THE EDITORS OF THE ECONOMETRIC SOCIETY RESEARCH MONOGRAPH SERIES REPORT OF THE PRESIDENT REPORT OF THE SECRETARY REPORT OF THE TREASURER REPORT ON ECONOMETRIC SOCIETY FELLOWS’ ELECTION PROCEDURES SUBMISSION OF MANUSCRIPTS TO THE ECONOMETRIC SOCIETY MONOGRAPH SERIES