The Review of Economics and Statistics 1992: Vol 74 Table of Contents

10 Pages·1992·3.1 MB·English

CONTENTS FOR VOLUME LXXIV
AUTHORS
ADDISON, JOHN T., AND PEDRO PORTUGAL. The Distributional Shape of Unemployment Dura-
Ne WO NE a ki xo Gbh Cin a alk eo hd aS LAL KS Oe 4K Dee ees Riche d eS
ANDERSON, GERARD. (See FEIGENBAUM, SUSAN)... 0.0.c0e ee.e ee 0eee e.ee ee e ee
ANDERSON, HEATHER M. (See HALL, ANTHONY D) ...... 1.2... ee eee eee ec cece tees
ANTEL, JOHN J. The Intergenerational Transfer of Welfare Dependency: Some Statistical
I Skis <6 seb evince o abe are ee ea wk ooo ee rd Din oe es
BALDWIN, MARJORIE, AND WILLIAM G. JOHNSON. Estimating the Employment Effects of Wage
SY sg n'y ko BS os 440 8 6 oe bee idee yn be ss ee
BATCHELOR, Roy, AND PAmi Dua. Survey Expectations in the Time Series Consumption
POTN 6. ko tick 4 055.2% b-e0 08 ee 4 Re Oi a ee ek ee ea
BEN-BASSAT, AVRAHAM, AND DANIEL GOTTLIEB. On the Effect of Opportunity Cost on Interna-
SE eo 5.55 ave ee RE i ib kw CC ee ee
BERGER, ALLEN N., AND TimotHy H. HANNAN. The Price—Concentration Relationship in
SE TE i. v.nk 9 ho ho 06h a eek ee eat ee
BERGER, MARK C., AND DAN A. BLAck. Child Care Subsidies, Quality of Care, and the Labor
Supety of Lowr-Sumnmes Sime ROOTING ooo din sbi cee nee enna deen eee ees
BERGSTROM, VILLY, AND EPAMINONDAS E. PANAs. How Robust Is the Capital—Skill Comple-
BisHop, JOHN A., JOHN P. FORMBy, AND PAuL D. TuisTLe. Explaining Interstate Variation in
reeC Se a ere re et Se
TS aN, TI Sik, me MN Nea ee ia me
Bass, ASHER A. Does the Baseball Labor Market Contradict the Human Capital Model of
IG U3 eal Aw ks os Ke dE Ca A lo a ica ee ee
BLAU, FRANCINE D., AND ANDREA H. BELLER. Black-White Earnings Over the 1970s and
rrrrr re ere
BLAU, FRANCINE D., AND ADAM J. GROsSSBERG. Maternal Labor Supply and Children’s Cogni-
Ns oe a as WE ee ee ee a ee a
BopeEN, Les.iz I. Dispute Resolution in Workers’ Compensation ,,.................e00-
BorsAs, GEORGE J., STEPHEN G. BRONARS, AND STEPHEN J. TReEJO. Assimilation and the
Corned Vous Basen HG ogo 5s eas kc eee ceed bs ea do ae
BRADA, JOSEF C., AND ARTHUR E. Kinc. Central Planners as Market Stabilizers: Evidence from
ei Sn TN I i er ok ba weV a wR EE hee ee ee
BRAUNSTEIN, YALE M. (See PULLEY, LAWRENCE B.).... 0... ee ee ee ee cc ce eee eee eees
BRONARS, STEPHEN G. (See BoRJAS, GEORGE J.). cc eee ee eee
Buncu, Davin S., AND ROBERT SMILEY. Who Deters Entry? Evidence on the Use of Strategic
Se Ces oon cs Sk ds oy wee Sa eae sd owe eed tae
Buse, ADo.r. Aggregation, Distribution and Dynamics in the Linear and Quadratic Expendi-
WO aoc ise e's a. vied ee be hla oes eS ok 6 hae Pe eee
Castamo, Bus. (See Mampocn, Roney) . 2... cc cc ccc cee s ones sneeesesecer
Cuiswick, BARRY R. Labor Supply and Child Quality: A Study of Jewish and Non-Jewish
I 3 s'5-4 0S aie ice We ee en a ee ee ee a es
750 THE REVIEW OF ECONOMICS AND STATISTICS
CONGLETON, ROGER D. Political Institutions and Pollution Control,..................... 412
CONNELLY, RACHEL. The Effect of Child Care Costs on Married Women’s Labor Force
I a a a Des eae cs 83
CorBAE, DEAN, KIAN-GUAN LIM, AND SAM OuLiaArRis. On Cointegration and Tests of Forward
I he elas Lea Mieka ee 728
COUSINEAU, JEAN-MICHEL, ROBERT LACROIX, AND ANNE-MARIE GIRARD. Occupational Hazard
OE We CI SONS a oi ee rte cece neces ess 166
Covey, TED, AND DAvip A. BessLer. Testing for Granger’s Full Causality................ 146
Cox, DONALD, AND MarK R. RANK. Inter-Vivos Transfers and Intergenerational Exchange. ... 305
CurRRIE, JANET, AND SHEENA MCCONNELL. Firm-Specific Determinants of the Real Wage ..... 297
DANESHVARY, NASSER, HENRY W. Herzoc, Jr., RICHARD A. HOFLER, AND ALAN M.
SCHLOTTMANN. Job Search and Immigrant Assimilation: An Earnings Frontier Approach ,, 482
Davis, HARRY ZvI, AND YORAM C. PeE Les. Further Remarks on “The Duration of the
Ne a er 557
DEVARAJAN, SHANTAYANAN, AND CHALONGPHOB SUSSANGKARN. Effective Rates of Protection
When Domestic and Foreign Goods Are Imperfect Substitutes: The Case of Thailand.... . 701
Doran, Howarp E. Constraining Kalman Filter and Smoothing Estimates to Satisfy Time-
EE hn SR AE TY ee eg EL 568
DorAN, HowarD, AND JAN KMENTA. Multiple Minima in the Estimation of Models with
egRig 4 we k k oR SSA LEED HON Ode 354
NN ee i eed One wwe ewe eee eee 598
DuBIN, JEFFREY A., MICHAEL J. GRAETZ, MICHAEL A. UDELL, AND Louis L. WiLpe. The
Eyemmee Gor Tex Return Preperation Services... ce cece c eee eeeecene 75
DupDLEY, LEONARD, AND CLAUDE MONTMARQUETTE. Is Public Spending Determined by Voter
RENEE I" aa a Pe 522
DUNCOMBE, WILLIAM D. Costs and Factors Substitution in the Provision of Local Fire Services, . 180
DutKkowsky, DONALD H., AND WILLIAM G. Foore. Intertemporal Substitution in Macroeco-
nomic Consumption, Labor Supply, and Money Demand .........................-. 333
FEIGENBAUM, SUSAN, GERARD ANDERSON, AND JUDITH R. LAve. Medicare’s Prospective Pay-
ment System: The Victim of Ageregation Bias? ..... . ww ccc ccc tcc een ees 185
FERRANTINO, MICHAEL J. Technology Expenditures, Factor Intensity, and Efficiency in Indian
EE RE NEL ad SG ER RIN ae en ea 689
Foote, WILLIAM G. (See DuTKOwskKy, DONALD H.)....cc.c .cec.e e.ee .eee. ee.e .eee es 333
ee ee ca cowed dabwetuunewewesdeeeeeees 553
FOURNIER, GARY M., AND JEAN M. MITCHELL. Hospital Costs and Competition for Services: A
a a ee as SY ha hee mA OO 627
FRAZIER, THOMAS P., MATTHEW S. GOLDBERG, AND THOMAS R. GULLEDGE, JR. Department of
Defense Profit Policy and Capital Investment in the Military Aircraft Industry,,......... 394
Pare, Semen, See eens. BASIE ALD... kk kc cee ccewvwewneeasecevaees 64
FRIESEN, JANE. Testing Dynamic Specification of Factor Demand Equations for U.S. Manufac-
a I a Si AP ae a il Balik eis aly Sk ew GoG ick' 240
GERTLER, PAUL J. Medicaid and the Cost of Improving Access to Nursing Home Care........ 338
GIRARD, ANNE-MariaA. (See COUSINEAU, JEAN-MICHEL) ..........c.e e.ee.ee0eeceeces 166
GOLDBERG, MATTHEW. (See FRAZIER, THOMAS P.) ................ccccccececeeeeeus 394
GORDON, STEPHEN. Costs of Adjustment, the Aggregation Problem and Investment. ...... 422
GoTTLieB, DANIEL. (See BEN-BASSAT, AVRAHM) ,.....c.cc. ce.ce .ce.ce. ce.ce 0enc es 329
Soames, Mercmenee. 7. Cher Cimon, Ferreev AL)... Wk. cececee eee en eness 75
GRANGER, CLive W. J. (See HALL, ANTHONY D.) . 11...ee eee 116
GRIFFIN, PETER. The Impact of Affirmative Action on Labor Demand: A Test of Some
pempescmteees OF Ue Tie CRMUCNOr FYING... dk tec c cee ce eee ec aenneen
CONTENTS FOR VOLUME LXXIV 751
GROGGER, Jerr. Arrests, Persistent Youth Joblessness, and Black/White Employment
EEE See RE SOC (Pr ee eee ERED (MOR Lt SEROMA Pita 100
Gaosssenc, Anam J. (See Biau,; Paancom D.).... .... icc ct cncccccccaveesveuds 474
GULLEDGE, THOMAS R., Jr. (See Frazier, THOMAS P.). ..... . . no oc ccc ccc ccc cen 394
HALL, ANTHONY D., HEATHER M. ANDERSON, AND CLIVE W. J. GRANGER. A Cointegration
TE SPIN gh on Ns Ca ue ee 116
HAMERMESH, DANIEL S. A General Model of Dynamic Labor Demand,.................. 733
HAMERMESH, DANIEL S. (See WoopBuRY, STEPHEN A.).... oo ee cc cc ce ee ee eee 287
Hasan, Toeoey M, (lee Bunoen, Aiime Ml) ow ssn ck ccc en bie s Wa eee wk vbeeees 376
HARRISON, GLENN W., AND H. D. Vinop. The Sensitivity Analysis of Applied General Equilib-
rium Models: Completely Randomized Factorial Sampling Designs,.................. 357
Herzoc, Henry W., Jr. (See DANESHVARY, NASSER)..wc .cec.e .ccc.cc.cc.cec.cc.cn e 482
Hor.er, RicHARD A. (See DANESHVARY, NASSER) ....ccc. ccc.c c.c ccc.c c.ece. cn eee 482
TC ee eRe OEE oe ee 54
mc, rN TIN i os re or oe ng wi ein « Pa eeee wee 202
HustTepD, STEVEN. The Emerging U.S. Current Account Deficit in the 1980s: A Cointegration
PS vx 6 x wee ac OES 0 lh ee es an on ho ae oe ee 159
HUTCHISON, MICHAEL, AND JOHN P. Jupp. Central Bank Secrecy and Money Surprises: Interna-
RT oc 55 he aah Os Se a a ae ee 135
JACKSON, WILLIAM E. III. Is the Market Well Defined in Bank Merger and Acquisition
PE Ss oa a a 4 646 OAK eh Ei ee ee 655
JACKSON, WILLIAM E. III. The Price—Concentration Relationship in Banking: A Comment,.... 373
JAEGER, ALBERT. Does Consumption Take a Random Walk? Some Evidence from Macroeco-
Re ise bik 6 hehe es2 4 vs BERS hl ee 607
JOHNSON, JAMES A., ERNEST H. OKSANEN, MICHAEL R. VEALL, AND DEBORAH FRETz. Short-run
and Long-run Elasticities for Canadian Consumption of Alcoholic Beverages: An Error-
Correction Mechanism/Cointegration Approach,...........cc.c .ee.e .ee.e.ee0e e 64
JOHNSON, WILLIAM B. (See BALDWIN, MARJORIE) ...........ccccccccccceceeeeeeeeee 446
james, Soames F. Coe Biirrcneens; CIAL). gc. ods «ko os kano ose s bis bes tne ben een 135
KAROLY, LYNN A. Changes in the Distribution of Individual Earnings in the United States:
OE gs os 8 ea a's stelvcin Sapa atand 6 eee ow ee ee ee eae cae Bk 107
KHANDKER, REZAUL K. A Model of Layoff, Search and Job Choice and Its Estimation. ....... 269
Kim, H. Youn. The Translog Production Function and Variable Returns to Scale ........... 546
Kim, SUNWooNG. Search, Hedonic Prices and Housing Demand........................ 503
ears, POO TE, Sr I, TT ois eG os a So cee e' does wkawna seein 1
Kiviet, JAN F., AND WALTER KrAmer. Bias of s* in the Linear Regression Model with
I ee a ngs a RR ie ak ee ee ee 362
KMeEntTA, JAN. (See DorAN, HowarD) ..... Re Pea OP DMA AU Ry OE NL TS 354
Knapp, LAURA GREENE, AND TERRY G. SEAKS. An Analysis of the Probability of Default on
Federatty Guaranteed Student Loans... ce cect icc en eevee eaccsesecveues 404
RaAponn, Waeve. Caer Bavees, Fame F.) ik... ks ck ca cada t ns vesaden cians ee edebeas 362
Kravis, IRVING B., AND RoBerT E. Lipsey. Sources of Competitiveness of the United States
| eeee Or t ee ee oe 193
KROL, RoBertT. Trends, Random Walks and Persistence: An Empirical Study of Disaggregated
Sree SNES I cs cc vn bs 40 bee cdo S see Eee ke ew cents 154
KUMBHAKAR, SUBAL C., AND ARUNAVA BHATTACHARYYA. Price Distortions and Resource-Use
Efficiency in Indian Agriculture: A Restricted Profit Function Approach, .............. 231
LAcROIxX, ROBERT. (See COUSINEAU, JEAN-MICHEL), ....0.00 c.ece .eee .eee .eee .eee eas 166
LASTRAPES, WILLIAM D. Sources of Fluctuations in Real and Nominal Exchange Rates ....... 530
Lave, JUDITH R. (See FEIGENBAUM, SUSAN) .....ccc. ce.e ee. cee. cet.te .ee e.e ee e 185
752 THE REVIEW OF ECONOMICS AND STATISTICS
LEVIN, SHARON G., STANFORD L. LEVIN, AND JOHN B. MEISEL. Market Structure, Uncertainty,
and Intrafirm Diffusion: The Case of Optimal Scanners in Grocery Stores,.............
Ren ees a, me ME, UOMO OE ccd cc de dacdscseedeuceeeas
Lim, HoNGIL, AND C. RICHARD SHUMWAY. Profit Maximization, Returns to Scale, and Measure-
I ee See eR ee Oe Ce ry SN ee eae epee eee 8
a nC edgg Vath Make kw hed as cama bs
Lin, Justin Yiru. Hybrid Rice Innovation in China: A Study of Market-Demand Induced
Technological Innovation in a Centrally Planned Economy. ........................
Cee, cee ah, Cree MA OWENS TLD 8 Gk sk do ec cc ee eles bins eew ews eacvscces
LYNDE, CATHERINE, AND JAMES RICHMOND. The role of Public Capital in Production, ,........
McConngELL, SHEENA, AND JANET CuRRIE. Firm-Specific Determinants of the Real Wage .....
Mappock, RODNEyY, ELKIN CASTANO, AND FRANK VELLA. Estimating Electricity Demand: The
ee
Marin, DALIA. Is the Export-Led Growth Hypothesis Valid for Industrialized Countries? .... .
Mason, CHARLES F., OWEN R. PHILLIPS, AND CLIFFORD NOWELL. Duopoly Behavior in Asym-
metric Markets: An Experimental Evaluation ...................cccccccccceccecs
rr eC Or UG ek ces aeeteceeebesevecsectaewess
peeceentt., Sean We. (3ee Pousenen, GARY BE), . nn. ccc cc ccc cece weesewerescucss
Morritt, ROBERT, AND BARBARA WOLFE. The Effect of the Medicaid Program on Welfare
EE ee ae a
MONTMARQUETTE, CLAUDE. (See DUDLEY, LEONARD). ......ce.ce .cec.e e.ee.eeecenu s
MoomMau, PAMELA H., AND ReBeccA B. Morton. Revealed Preferences for Property Taxes:
An Empirical Study of Perceived Tax Incidence... ...... cc ce ccc ee
Morrison, CATHERINE J. Unraveling the Productivity Growth Slowdown in the United States,
Canada, and Japan: The Effects of Subequilibrium, Scale Economies, and Markups.......
Mor ey, SAMUEL A. On the Effect of Devaluation During Stabilization Programs in LDCs ... ,
Morton, REBECCA. (See MOOMAU, PAMELA H.). 0...ee ee eee
Moscuini, GIANCARLO. A Non-nested Test of Separability for Flexible Functional Forms, .....
NELSON, PHILIP, JOHN SIEGFRIED, AND JOHN Howe Lit. A Simultaneous Equations Model of
Comiee Gramd Pricing and Advertiging, . wece c ens ee e eesene
Peoweas, Camwomm. (ier MASON, CHARS FL) cece wwe cen wncces
Nyouist, HANs. Optimal Designs of Discrete Response Experiments in Contingent Valuation
OLINER, STEPHEN D., AND GLENN D. Rupgsuscu. Sources of the Financing Hierarchy for
ERE TL GE NE I BA ea Ree
imanmm, Gant. (der Comean, DRAM)... cw. cc ccc ccc ce wesereccecerswncs
PANAS, EPAMINONDAS E. (See BERGSTROM, VILLY) ............c00cceccecceeeeuneees
Parsons, DONALD O. The Internal Distribution of Union Rents: An Empirical Test of the
GREE ES pA a AO OR 9
PATTERSON, KERRY D., AND BAHRAM PESARAN. The Intertemporal Elasticity of Substitution in
Consumption in the United States and the United Kingdom, .......................
gl | ee a cs as a
PESARAN, BAHRAM. (See PATTERSON, KERRY D.),. 0.0.0.0.. e.e 0e.ee. e.e e es
Peters, H. ELIZABETH. Patterns of Intergenerational Mobility in Income and Earnings .......
PHILLIPS, OWEN R. (See MASON, CHARLES F.)
Pomona, Reaceeame. (oer wand, PAU)... cee ceca enn ecteencces
POLLAK, ROBERT A. Price-Augmenting Returns to Scale: An Application to Nonseparable
I see a ee eek i Ch Pe as o's
POLLOCK, RICHARD L., AND JACK P. SuUYDERHOUD. An Empirical Window on Rational Expecta-
tions Formation
CONTENTS FOR VOLUME LXXIV
Perea, Fae Se es BE 0 ois. 6s OR ea ak
Pozo, SUSAN. Conditional Exchange-Rate Volatility and the Volume of International Trade:
ne NT I I i bc a ceey s & enh He Sa ooo Sen 0 es oh a ee
PULLEY, LAWRENCE B., AND YALE M. BRAUNSTEIN. A Composite Cost Function for Multiprod-
uct Firms with an Application to Economies of Scope in Banking
Se, De es A NO oo So occu a whe uw be whe aha wbeedascnsant
mecemenees, Jasons. (See Love, CATR)... waccec heccbswc dcenneas
RUDEBUSCH, GLENN D. (See OLINER, STEPHEN D.)
TAOCCnE, THCUUAEL.. “WTI IPE GI, so as ok Sle Vis ee ta a Oh wee ce wale bebe ess
SCHERER, F. M., AND KEUN Hun. R&D Reactions to High-Technology Import Competition .. .
SCHLOTTMANN, ALAN M. (See DANESHVARY, NASSER)
Secs, Tenney G, <i Reeth, LAA CRIED. .. £5. kw csc dda ceceswasncccusben
SHAH, ANWAR. Dynamics of Public Infrastructure, Industrial Productivity and Profitability
SHUMWAY, C. RICHARD. (See Lim, HONGIL)
LTS ee ee ee er ee Pee
SLESNICK, DANIEL T. Aggregate Consumption and Saving in the Postwar United States .......
eaeaaiy, Wie. Oe TG, TE eo hk ib wo kha so wk kek 6 he edb sh ene has
SPENCER, Byron G. Labor Supply and Investment in Child Quality: A Study of Jewish and
PUD TOONS es a a ie eee ie aks
STEIN, JEROME L. Cobwebs, Rational Expectations and Futures Markets..................
SUSSANGKARN, CHALONGPHOB. (See DEVARAJAN, SHANTAYANAN )
Se & ee 2 @ 4 2 6-6 6 20 8 ©. 8 Oo 8S SS Se .8
Suvoanmnun, Jack ?, (Ser POuicck, TCH 0d eo a oie ka nd os oh ans 0a Ce ees
SwAIM, PAUL, AND MICHAEL PopGurRsky. The Distributional Shape of Unemployment Dura-
SE Be Re ks 5s koko eA a xMaR ho ore 0a eekee end eee
THOMA, Mark A. The Effects of Inside and Outside Money on Industrial Production across
I I ons eo hb Sk Ao ho ba Os eA
‘Fn, Des ST, CH i SE Doi soo 6. irc 0k conv tisditiadiaeaa
TRIEST, RoBERT K. The Effect of Income Taxation on Labor Supply When Deductions Are
ND oo ccd wos he baa OS baal aa ae OR here
Woes, biecusans A. (ler Dues, Ferrey ALD: oii cs iS ae bs be FER sce eee ds
Verne, Ses, Ce Fs, BO A... kc bo ce on nee ck hae eee
Veni Pi Ce Se, CT: od. s heeds do tcc ei ieee eee
Were: Fe. Te Se I Wk iv yd ceive as bh oe oe Shee eeenat sree
Wases, Tamme J. Cie Pea, BOmeny Ad og. ib aso li hee ee eb ee eae
White, KENNETH J. The Durbin-Watson Test for Autocorrelation in Nonlinear Models. ......
Wr, Cate 6... Ce ie, BF oi ok occ ce Co Ore Bree bei cee
eee Beak. Cie Br no os bs wee one KR oe ea
WoopsBury, STEPHEN A., AND DANIEL S. HAMERMESH. Taxes, Fringe Benefits and Faculty. ... .
Woopwarb, G. THomas. Evidence of the Fisher Effect from U.K. Indexed Bonds, ..........
TITLES
Aggregate Consumption and Saving in the Postwar United States. By Daniel T. Slesnick ......
Aggregation, Distribution and Dynamics in the Linear and Quadratic Expenditure Systems. By
TE. os Gc ot Bee od eae hk eae ee ee ee eee
An Analysis of the Probability of Default on Federally Guaranteed Student Loans. By Laura
re re re rrr a
754 THE REVIEW OF ECONOMICS AND STATISTICS
Arrests, Persistent Youth Joblessness, and Black/White Employment Differentials. By Jeff
ce se ae A i te a ae wae wv s 100
Assimilation and the Earnings of Veune Internal Migrants. By George J. Borjas, Stephen G.
i a oe i Elks o°p arb Kade « 170
Bias of s? in the Linear Regression Model with Correlated Errors. By Jan F. Kiviet and Walter
RIES RESTS RA ES ETS eh AE GAG ro 1 ot aR eS OPE eo 362
Black-White Earnings Over the 1970s and 1980s: Gender Differences in Trends. By Francine
i re whe wR WER Be 276
Central Bank Secrecy and Money Surprises: International Evidence. By Michael Hutchison and
EERE RE Lee SRR ang ye ss PRUs Re Fearn Mr tSm ah oe oer a 135
Central Planners as Market Stabilizers: Evidence from Poland and the Soviet Union. By Josef
et weg ee piwik eawe oes l
Changes in the Distribution of Individual Earnings in the United States: 1967-1986. By Lynn A.
SORES Syg E UR 2 Ph Gg Pan A gen a 107
Child Care Subsidies, Quality of Care, and the Labor Supply of Low Income, Single Mothers.
a ee ee 635
Cobwebs, Rational Expectations and Futures Markets. By Jerome L. Stein, ............... 127
A Cointegration Analysis of Treasury Bill Yields. By Anthony D. Hall, Heather M. Anderson,
rs ea ee we lah be baw Rw Rae 8 116
A Composite Cost Function for Multiproduct Firms with an Application to Economies of Scope
in Banking. By Lawrence B. Pulley and Yale M. Braunstein,....................... 22
Conditional Exchange-Rate Volatility and the Volume of International Trade: Evidence from
a i Te he cha baw db ee eee kk OOO ews 325
Constraining Kalman Filter and Smoothing Estimates to Satisfy Time-Varying Restrictions. By
I Lise gil LA ah ao ea alee wp ke ale ea 46 bbe ae 568
Costs and Factor Substitution in the Provision of Local Fire Services. By William D.
ee Pe eS ee BN reds MONE RR AOE SOA SO 180
Costs of Adjustment, the Aggregation Problem and Investment. By Stephen Gordon ,,....... 422
The Demand for Tax Return Preparation Services. By Jeffrey A. Dubin, Michael J. Graetz,
ne ay OE, I a We ek eee ee ce ceueee¥ies seeders: 75
Department of Defense Profit Policy and Capital Investment in the Military Aircraft Industry.
By Thomas P. Frazier, Matthew S. Goldberg, and Thomas R. Gulledge, Jr.............. 493
Dispute Resolution in Workers’ Compensation. By Leslie I. Boden,..................... 493
The Distributional Shape of Unemployment Duration: A Reconsideration. By Paul Swaim and
i a a I te dew rake 712
The Distributional Shape of Unemployment Duration: A Reply. By John T. Addison and Pedro
relWee eie al cele eg ty a WA wae ® 717
Does Consumption Take a Random Walk? Some Evidence from Macroeconomic Forecasting
a oe A kw LORS eNOS DED @ 607
Does the Baseball Labor Market Contradict the Human Capital Model of Investment? By
I ones i ee UR ea a Gy i dS ae a lar bd 261
Duopoly Behavior in Asymmetric Markets: An Experimental Evaluation. By Charles F. Mason,
Cowen HM. Phillips, and Citfiord Nowell... cea neces ea eeueess 662
The Durbin-Watson Test for Autocorrelation in Nonlinear Models. By Kenneth J. White, ..... 370
Dynamics of Public Infrastructure, Industrial Productivity and Profitability. By Anwar Shah.... 28
Effective Rates of Protection When Domestic and Foreign Goods Are Imperfect Substitutes:
The Case of Thailand. By Shantayanan Devarajan and Chalongphob Sussangkarn......... 701
The Effect of Child Care Costs on Married Women’s Labor Force Participation. By Rachel
gia kee or aie Re eee We See es Gh gy Be hae as 83
The Effect of Income Taxation on Labor Supply When Deductions Are Endogenous. By Robert
K. Triest
CONTENTS FOR VOLUME LXXIV 755
The Effect of the Medicaid Program on Welfare Participation and Labor Supply. By Robert
Nee ee ee a ei at a Ale ei
The Effects of Inside and Outside Money on Industrial Production across Spectral Frequency
SRS IID 5g 0 io kic's iol hea Ww 4 ke DDR Lala ee
The Emerging U.S. Current Account Deficit in the 1980s: A Cointegration Analysis. By Steven
PN co ba Weis ad nes owe hd ew renek soe Raa a Oe ees eee ere
An Empirical Window on Rational Expectations Formation. By Richard L. Pollock and Jack P.
MN a ee ge a le acs ug calls ak ce ae Becks puede or wia e eee
Estimating Electricity Demand: The Cost of Linearising the Budget Constraint. By Rodney
nenGaocn, Ean Castano, Bnd Framk VORG; ... ook ccs cect bbacissabeecdabberaser’
Estimating the Employment Effects of Wage Discrimination. By Marjorie Baldwin and William
OI Bo a cae caly aay be ew a deo DAE als ee 0a de ed bees
Evidence of the Fisher Effect from U.K. Indexed Bonds. By G. Thomas Woodward..........
Explaining Interstate Variation in Income Inequality. By John A. Bishop, John P. Formby, and
PUN PE 55 SSE dws whedon ay Sa Bs 0 Rea ee be ee Es
Finite Sample Behavior of Tests for Grouped Heteroskedasticity. By James K. Binkley,.......
Firm-Specific Determinants of the Real Wage. By Janet Currie and Sheena McConnell.......
Further Remarks on ‘‘The Duration of the Adjustment Process of Financial Ratios.”» By Harry
ee ee I is I os kok ooo bs Seka oo Sees 8d ee ea ees
A General Model of Dynamic Labor Demand. By Daniel S. Hamermesh, .................
Hospital Costs and Competition for Services: A Multiproduct Analysis. By Gary M. Fournier
RF Us 6 oie dhe his lek eas Bee pale ed ess 5 ee ee ea
How Robust Is the Capital—Skill Complementarity Hypothesis? By Villy Bergstrom and
I Te FIN 5s one dv ovdh aa hai Re i ee eee
Hybrid Rice Innovation in China: A Study of Market-Demand Induced Technological Innova-
tion in a Centrally Planned Economy. By Justin Yifu Lin, .....................000-
The Impact of Affirmative Action on Labor Demand: A Test of Some Implications of the
Lae ee Sneias:: Tir Sie Ca eg ad Oe cad ed eer ee
The Intergenerational Mobility in Income and Earnings. By H. Elizabeth Peters ............
The Intergenerational Transfer of Welfare Dependency: Some Statistical Evidence. By John J.
BE «ou bulhien 4 4:04 biae he 22a Eee cede ee ae hee ee eee
The Internal Distribution of Union Rents: An Empirical Test of the Voting Power Model. By
Sn Ge IN S955 bP cca os a ee ee a es oe ee ee
The Intertemporal Elasticity of Substitution in Consumption in the United States and the
United Kingdom. By Kerry D. Patterson and Bahram Pesaran ,.....................
Intertemporal Substitution in Macroeconomics: Consumption, Labor Supply, and Money De-
mand. By Donald H. Dutkowsky and William G. Foote ..................0.00.0. e e
Inter-Vivos Transfers and Intergenerational Exchange. By Donald Cox and Mark R. Rank. ....
Is Public Spending Determined by Voter Choice or Fiscal Capacity? By Leonard Dudley and
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Is the Exported-Led Growth Hypothesis Valid for Industrialized Countries? By Dalia Marin , , .
Is the Market Well Defined in Bank Merger and Acquistion Analysis? By William E.
PE 6 CU ew 6a oa ele ae ee 2 OSL ee a ee
Job Search and Immigrant Assimilation: An Earnings Frontier Approach. By Nasser Danesh-
vary, Henry W. Herzog, Jr., Richard A. Hofler, and Alan M. Schlottmann ,,.............
Labor Supply and Investment in Child Quality: A Study of Jewish and Non-Jewish Women: A
CA Tr ne, ack. i's i a an ws 9 Kes ole 0s ee
Labor Supply and Investment in Child Quality: A Study of Jewish and Non-Jewish Women: A
ame. ap a TG ae bv in ek ek nh dk hn os eo a ha end cee nae
Market Structure, Uncertainty, and Intrafirm Diffusion: The Case of Optical Scanners in
Grocery Stores. By Sharon G. Levin, Stanford L. Levin, and John B. Meisel ............
756 THE REVIEW OF ECONOMICS AND STATISTICS
Maternal Labor Supply and Children’s Cognitive Development. By Francine D. Blau and Adam
I ERIS SBN ie AL A a Re ea pa a
Medicaid and the Cost of Improving Access to Nursing Home Care. By Paul J. Gertler .......
Medicare’s Prospective Payment System: The Victim of Aggregation Bias? By Susan
Feigenbaum, Gerard Anderson, and Judith R. Lave...................ccccecccces
A Model of Layoff, Search and Job Choice and Its Estimation. By Rezaul K. Khandker, ......
Multiple Minima in the Estimation of Models with Autoregressive Disturbances. By Howard
i a a i Ne we area ees
A Non-nested Test of Separability of Flexible Functional Forms. By Giancarlo Moschini ......
Occupational Hazard and Wage Compensating Differentials. By Jean-Michel Cousineau, Robert
a a i a de eee wh ean 8 os
On Cointegration and Tests of Forward Market Unbiasedness. By Dean Corbae, Kian-Guan
a Boe ea ad Oe aa Cd wo wad AW AAA 4
On the Effect of Devaluation During Stabilization Programs in LDCs. By Samuel A. Morley ...
On the Effect of Opportunity Costs on International Reserve Holdings. By Avreham
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Optimal Designs of Discrete Response Experiments in Contingent Valuation Studies. By Hans
ere ee eas ale Wika wat a eke bo eae ca wo hw es
Patterns of Intergenerational Mobility and Income and Earnings. By H. Elizabeth Peters. .....
Political Institutions and Pollution Control. By Roger D. Congleton .....................
Price-Augmenting Returns to Scale: An Application to Nonseparable Two-Stage Technologies.
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The Price—Concentration Relationship in Banking: A Comment. By William E. Jackson III ....
The Price—Concentration Relationship in Banking: A Reply. By Allen N. Berger and Timothy
I ato aoe oe Se ae le ek ea ely ws WRN Seo e Ae ees
Price Distortions and Resource-Use Efficiency in Indian Agriculture: A Restricted Profit
Function Approach. By Subal C. Kumbhakar and Arunava Bhattacharyya,.............
Profit Maximization, Returns to Scale, and Measurement Error. By Hongil Lim and C. Richard
ae TESS We EC ea FO, pe TEN ATE UE ee PC rg ne Ce
R&D Reactions to High-Technology Import Competition. By F. M. Scherer and Keun Huh, .. .
Revealed Preferences for Property Taxes: An Empirical Study of Perceived Tax Incidence. By
Pamela H. Moomau and Rebecca B. Morton. .........cc.c c.cc. cc.c c.ec.e e.ee es
The Role of Public Capital in Production. By Catherine Lynde and James Richmond.........
Search, Hedonic Prices and Housing Demand. By Sunwoong Kim, ......................
The Sensitivity Analysis of Applied General Equilibrium Models: Completely Randomized
Factorial Sampling Designs. By Glenn W. Harrison and H. D. Vinod .................
Short-run and Long-run Elasticities for Canadian Consumption of Alcoholic Beverages: An
Error-Correction Mechanism/Cointegration Approach. By James A. Johnson, Ernest H.
Oksanen, Michael R. Veall, and Deborah Fretz....................cccccccccceee
A Simultaneous Equations Model of Coffee Brand Pricing and Advertising. By Philip Nelson,
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Sources of Competitiveness of the United States and of its Multinational Firms. By Irving B.
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Sources of Fluctuations in Real and Nominal Exchange Rates. By William D. Lastrapes.......
Sources of the Financing Hierarchy for Business Investment. By Stephen D. Oliner and Glenn
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Taxes, Fringe Benefits and Faculty. By Stephen A. Woodbury and Daniel S. Hamermesh,.... .
Technology Expenditures, Factor Intensity, and Efficiency in Indian Manufacturing. By Michael
J. Ferrantino
CONTENTS FOR VOLUME LXXIV 757
Testing Dynamic Specification of Factor Demand Equations for U.S. Manufacturing. By Jane
Ds 50 eg 5 Kine wba ea oe Signe hed Ae ae ek A eas Oa ok ee aS
Testing for Granger’s Full Causality. By Ted Covey and David A. Bessler .................
The Translog Production Function and Variable Returns to Scale. By H. Youn Kim ,........
Trends, Random Walks, and Persistence: An Empirical Study of Disaggregated U.S. Industrial
It tr SE I i ao cea. Ba a a Saw eh AOR ae Se aed ae
Unraveling the Productivity Growth Slowdown in the United States, Canada, and Japan: The
Effects of Subequilibrium, Scale Economies and Markups. By Catherin J. Morrison, ......
Vales Event Statics. By Miictmet SOO, ww coo on cnc th kde ce ances dabbles Canwean
Who Deters Entry? Evidence on the Use of Strategic Entry Deterrents. By David S. Bunch and
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