11
No. 1, Winter 1972
"Corrective Taxes and Pollution Control"
by Raymond Jackson, Boston University
"A Further Adjustment in a Test of the Relative Importance of Monetary and Fiscal
Actions in Economic Stabilization"
by Thomas O. Nitsch, Creighton University
"The Investment of Idle Public Funds"
by Clifford E. Wheeler, Wichita State
"Tourism: A Strategy for Development"
by M.E. Bond, Arizona State; Jerry R. Ladman, Arizona State
"Constrained Sales Maximization and the Bain and Lerner Monopoly Indices: Another
Case of Divergence"
by David A. Larson, Louisiana State University
"The Role of Trade Credit in Economic Development"
by John J. Brasch, University of Nebraska, Lincoln
No. 2, Spring 1972
"Responsiveness of Borrowers to Finance and Credit Life Insurance Rate Changes of
Four Types of Lending Institutions"
by Douglas K. Adie, Ohio University; Peter F. Freund, Memphis State University
"The Competitive Impact of Product Competition in the Container Industry"
by Paul F. Haas, Bowling Green State University
"Freight Car Shortages: The Problem and Some Proposed Solutions"
by John Richard Felton, University of Nebraska, Lincoln
"Principles of the Economic Behavior of Hospitals"
by Ryland A. Taylor, Northern Illinois University
"Are Sinking Funds Obsolete? A Comment"
by William H. Parks, University of Oregon
"NASA Patent Policy Revisited"
by Joseph R. Mason, State University of New York at Brockport
No. 3, Summer 1972
"An Existential Approach to Accounting"
by Ernest L. Enke, University of Denver
"Management of Ground Water"
by Loyd K. Fischer, University of Nebraska, Lincoln
"Market Segmentation and International Competitiveness: Trade Theory and Practice
Reex-amined"
by Wilson B. Brown, Northern Illinois University
"The Surtax, Labor Supply Reaction, and the Rate of Inflation"
by Edward Shapiro, The University of Toledo
"Revaluation of the Yen and the Competitiveness of Japanese Exports"
by Kanji Haitani, New York State University, College at Fredonia
No. 4, Autumn 1972
"Toward A Humanist Economics"
by Howard R. Bowen, Claremont University Center
"Linear Programming and Microeconomic Analysis"
by Gerald E. Thompson, University of Nebraska, Lincoln
"An Evaluation of Recent Monetary Policy"
by Hyman P. Minsky, Washington University
"Sensitivity Analysis for Econometricians"
by Martin Bronfenbrenner, Duke University
"Economics and Meaninglessness"
by Walter A. Weisskopf, Roosevelt University
"The New Economic Policy: Another View"
by Murray L. Weidenbaum, Washington University
"Wage and Price Controls: Efficiency, Equity, and Decontrol"
by Harold R. Williams, Kent State University; Richard E. Bennett, Kent State University
"Structural Aspects of the Phillips Relation in the U.S. Economy"
by Stanley R. Johnson, University of Missouri, Columbia; Paul E. Smith, University
of Missouri, Columbia
"Price Competition and the Efficacy of Prescription Drugs: Conflicting Objectives?"
by Joseph M. Jadlow, Oklahoma State University
"The Firm in the Industrial State"
by Thomas Iwand, University of Nebraska, Lincoln; Henry Thomassen, University of
Nebraska, Lincoln
"Some Evidence on International Currency Experience, 1919-1925"
by Lloyd B. Thomas, Jr., Kansas State University
"The Union as an Economic Enterprise: An Exploratory Essay"
by Gene L. Chapin, Ohio University
"Political Fragmentation, Income Distribution, and the Demand for Government Services"
by Robert N. Baird, Case Western Reserve University; John H. Landon, Case Western
Reserve University
Abstracts of Other Papers
"Portfolio Choice and the Term Structure of Interest Rates: A Cross-Section and
Time-Series Analysis"
by William T. Terrell, Wichita State University
"Entrepreneurship and a Class of Variable Returns-to-Scale Production Functions"
by Tetsunori Koizumi, the Ohio State University
"Repression of Radical Dissent in the United States"
by Daniel R. Fusfeld, University of Michigan
"Neighborhood Change: Aging or Arbitrage"
by Hugh O. Nourse, University of Missouri, St. Louis; Donald Phares, University
of Missouri, St. Louis; John Stevens, University of Missouri, St. Louis
"Some Dynamic Aspects of City Hierarchies"
by David Segal, Oberlin College
"Government in the History of Economics: A Principle and an Interpretation"
by Warren J. Samuels, Michigan State University
"The Adoption of the Marginal Utility Theory"
by George Stigler, University of Chicago
"International Monetary System 1972: How We Got Here from There"
by Irving S. Friedman, International Bank for Reconstruction and Development
"Minority Worker—Progress and Prospects"
by Gladys W. Gruenberg, St. Louis University
"The Optimal Amount of Resources to Devote to Tax Collection"
by Oswald Brownlee, University of Minnesota
"Economics in the Junior Colleges: Terminal or Transfer?"
by Darrell R. Lewis, University of Minnesota; Donald R. Wentworth, University of
Minnesota; Charles C. Orvis, University of Minnesota
"An Evaluation of Alternative Methods of Teaching the Introductory Economics Course"
by Donald R. Bonney, Luther College
"The Nature of the Price System in a Classical Soviet-Type Economy"
by Paul Jonas, University of New Mexico
12
No. 1, Winter 1973
"A Statistical Estimate of Optimum Population in the United States"
by James A. Yunker, Western Illinois University
"The Contribution of Japanese Exports to Growth in Output"
by Wilbur F. Monroe, United States Treasury Dept.
"Fiscal Federalism: Program Budgeting and the Multilevel Governmental Setting"
by F. Gregory Hayden, University of Nebraska, Lincoln
"Entropy, Lorenz Curves, and Some Comments on Size Inequality Among the Largest
U.S. Corporations"
by J.L. Hexter, Kent State University; John W. Snow, University of Maryland
"Okun’s Law: Some Additional Evidence"
by Ronald D. Gilbert, Midwestern University
"Statistics for Public Policy Formation: New Needs"
by Clifton H. Kreps, Jr., University of North Carolina at Chapel Hill
No. 2, Spring 1973
"The Investment of Idle Public Funds: A Review of the Issues"
by L. Wayne Dobson, University of Nebraska, Lincoln
"Idle Public Funds Policies: Some Additional Evidence"
by James A. Verbrugge, University of Georgia
"Idle Cash Balances of State and Local Governments: An Estimation Technique"
by S. Kerry Cooper, Louisiana State University at Baton Rouge
"A Taxonomy of Systems Management"
by Richard J. Schonberger, University of Nebraska, Lincoln
"Interest Rates and Inflation"
by B.U. Ratchford, Durham, North Carolina
"Evidence of Immediate Tax Shifting in U.S. Manufacturing, 1948-1967"
by Ralph H. Todd, University of Nebraska, Omaha
No. 3, Summer 1973
"The Central American Common Market: Trade Patterns After a Decade of Union"
by W. T. Wilford, Louisiana State University, New Orleans
"The Relationship Between Union Contract Rejections and the Business Cycle—A Theoretical
Approach"
by Charles A. Odewahn, University of Alabama; Joseph Krislov, University of Kentucky
"Buyer’s Inducement of Discriminatory Prices Under the Robinson-Patman Act"
by Ray O. Werner, The Colorado College
"Ellet, Dupuit, and Lardner: On Nineteenth Century Engineers and Economic Analysis"
by Robert B. Ekelund, Jr., Texas A & M University; Donald L. Hooks, University
of Alabama
"Economics on the Way into the 21st Century"
by Professor Emil Kung, St. Gall Graduate School of Economics, Switzerland; Translation
by W.E. Kuhn, University of Nebraska, Lincoln
No. 4, Autumn 1973
"A More General Theory of the Short-Run Consumption Function and Recent Data"
by Glenn E. Burress, University of Texas of the Permian Basin
"Some Preliminary Results of Income-Maintenance Experiments"
by Dennis M. Byrne, University of Notre Dame
"Buyers’ Versus Sellers’ Prices: An Econometric Investigation"
by Gary C. Fethke, Bradley University; William R. Belmont, Bradley University
"A Cross-Section Comparison of How Individuals Allocate Time: 1960 Versus 1970"
by Arthur Kraft, Ohio University; John Kraft, The Brookings Inst. & Dept. of
Housing & Urban Development
"Real As Opposed to Monetary Underconsumption or Hobson Revisited"
by Erwin E. Nemmers, Northwestern University
"Correlates of Job Attitudes Among Young Women"
by Edward A. Nicholson, Jr., Wright State University; Roger D. Roderick, Loyola
University of Chicago
"The Distribution of Income in Large Urban Areas"
by Dan Singer, Western Illinois University; Norman Walzer, Western Illinois University
"Labor Market Effects of Multinational Enterprises in Latin America"
by Guy Standing, University of Illinois, Urbana-Champaign; Koji Taira, University
of Illinois, Urbana-Champaign
"The Economic Significance of John Rawls’ A Theory of Justice"
by Stephen T. Worland, University of Notre Dame
Abstracts of Other Papers
"The Response of Prices and Output to a Monetary Shock"
by Leonall C. Andersen, Federal Reserve Bank, St. Louis; Denis S. Karnosky, Federal
Reserve Bank, St. Louis
"Price and Output Fluctuations in an Open Economy"
by David Laidler, Brown University
"World Income Distribution in Anarchy"
by Winston C. Bush, Virginia Polytechnic Institute & State University; Robert
J. Staaf, Virginia Polytechnic Institute & State University
"Frank Knight and the Tradition of Liberalism"
by Scott Gordon, Indiana University & Queen’s University
"Economics, Mechanics, and Frank H. Knight"
by R.A. Gonce, Grand Valley State College
"Physical Environment, Productivity, and Injuries in Underground Bituminous Coal
Mines"
by C.L. Christenson, Indiana University; W.H. Andrews, Indiana University
"Time and Decision Unit Aggregation in a Class of Inventory Investment Models: A
Monte Carlo Study"
by William E. Wehrs, University of Wisconsin-LaCrosse
"General Equilibrium Incidence and Effects of a Value-Added Tax of the Consumption
Type"
by Hugh Garnett, Southern Methodist University
"Efficiency and Equity in Post-Serrano School Finance"
by John S. Akin, University of Wisconsin, Madison
"The Teaching of Economic Principles or Can We Afford Another Generation Raised
on Samuelson?"
by Daniel B. Suits, University of California, Santa Cruz
"Can We Afford a Generation of Students Raised on Radical Economics?"
by Campbell R. McConnell, University of Nebraska, Lincoln
"Anti-Samuelson: On the Teaching of Elementary Economics"
by Howard Sherman, University of California, Riverside
"COMECON Integration: Achievements, Problems, Prospects"
by Harry G. Shaffer, University of Kansas
"School Busing: An Issue in Compensatory Education"
by Stanley W. Huff, Denison University; Paul G. King, Denison University
"A Controlled Experiment in Teaching Economics"
by Emile Grunberg, University of Akron; James Shanahan, University of Akron
"An Integrated System of Computer-Assisted Instruction in Economics"
by Frank J. Bonello, University of Notre Dame; William I. Davisson, University of
Notre Dame
"European Industrial Relations Systems in Transition: Changing Patterns of Industrial
Con¬flict and Cooperation"
by Everett M. Kassalow, University of Wisconsin, Madison
"Marshall on Method"
by Ronald H. Coase, University of Chicago
"Was There a Keynesian Revolution?"
by J. Ronnie Davis, University of Florida
"A General Consumption Technology in New Demand Theory"
by Victor E. Smith, Michigan State University; Anthony Y.C. Koo, Michigan State
University
"The Utilitarian Contract: A Generalization of Rawls’ Theory of Justice"
by Dennis C. Mueller, Cornell University; Robert D. Tollison, Cornell University;
Thomas D. Willett, U.S. Dept. of the Treasury
"The Imperial Expansion of Japan in Latin America"
by Gene Wagner, University of Missouri, Kansas City; John Ward, University of Missouri,
Kansas City
"The Existence of a Strategy-Proof Voting Procedure"
by Mark Allen Satterthwaite, Northwestern University
"A Linear Programming Model of Resource Allocation in an Academic Institution"
by James V. Koch, Illinois State University
"An Inventory Model of Ph.D. Production"
by Walter L. Johnson, University of California, Berkeley; Joseph W. McGuire, University
of California, Berkeley
"The Economic Costs of the American Civil War: Estimation and Implications"
by Claudia Dale Goldin, University of Wisconsin, Madison; Frank David Lewis, Queen’s
University, Ontario, Canada
"The Great Depression in Canada"
by Robert E. Ankli, University of Guelph, Ontario, Canada
"Some Economic Aspects of Court Accountability Criteria"
by John Griffith, Bemidji State College
"An Economic Theory of Hospital Behavior"
by Hyman Joseph, University of Iowa
"Merit Goods, Income Transfers, and Allocative Efficiency"
by George Daly, University of Houston; Fred Giertz, Miami University
"Reforming the International Monetary System"
by Wilson E. Schmidt, Virginia Polytechnic Institute & State University
"A Free Trade Area and the Outside Countries, with an Application to EC Expansion"
by Geoffrey T. Andron, Iowa State University
13
No. 1, Winter 1974
"What Do We Owe to the Future?"
by Robert M. Solow, Mass. Institute of Technology
"Three Days with Knight: A Personal Reminiscence"
by J. Ronnie Davis, University of Florida, Gainesville
"Relative Entropy and Performance"
by J.L. Hexter, Kent State University; John W. Snow, University of Maryland
"Liquidity Preference Differences Among Nations: A Comparative Risk-Premium Analysis"
by Jacobus T. Severiens, University of Georgia
"Cyclical Behavior, Seasonality, and Trend in Economic Time Series"
by James R. Barth, The George Washington University; James T. Bennett, The George
Washington University
"A Note on Empirical Estimation of Optimum Population"
by Timothy D. Hogan, Arizona State University
No. 2, Spring 1974
"Consumer Spending and Economic Policy"
by Peter S. Rose, Texas A & M University
"Operating Expenses and Prices for Thirty Insurers: Economies of Size for Ordinary
Life Insurance"
by S. Travis Pritchett, University of South Carolina
"The Economic and Social Status of the American Indian, 1940-1970"
by Alan L. Sorkin, The Johns Hopkins University
"Inauguration of Utility Regulation in Iowa: The Davenport Water Company Case"
by David H. Ciscel, Memphis State University
"An Empirical Estimate of Optimum Population: Reply"
by James A. Yunker, Western Illinois University
No. 3, Summer 1974
"Executive Compensation and Corporation Control"
by Paul R. Auerbach, Kingston Polytechnic, U.K.; John J. Siegfried, Vanderbilt University
"Executive Compensation and Corporation Control: Comment"
by Oliver E. Williamson, University of Pennsylvania
"Cost Implications of Diversified Distribution Outlets for Purchased Farm Inputs"
by Dale G. Anderson, University of Nebraska, Lincoln; Delmer L. Helgeson, North
Dakota State University, Fargo
"Preference for Price Variability in Common Stocks Revisited"
by Peter S. Chung, Marquette University
"The Limitations and Uses of Data on Job Vacancies"
by David W. Palm, University of Nebraska, Lincoln
No. 4, Autumn 1974
"Local Government Fiscal Incidence by Socioeconomic Class and Type of Public Service"
by Kalman Goldberg, Bradley University; John Pilgrim, Bradley University; Edward
Flanagan, Bradley University
"Factors Affecting Student Performance in Intermediate Macroeconomics"
by Campbell McConnell, University of Nebraska, Lincoln; F. Charles Lamphear, University
of Nebraska, Lincoln
"How to Contrive an Economic Miracle: Brazil Since 1965"
by Larry A. Sjaastad, University of Chicago
"The Value Added Tax—Sense and Nonsense"
by John F. Due, University of Illinois, Urbana
"The Increasing Impotence of Stabilization Policy: A New Perspective"
by Barbara Henneberry, Indiana University; James G. Witte, Indiana University
"Women and Work: Female Segregation and Sex Concentration in the Work Force"
by Robin L. Bartlett, Denison University; Colette H. Moser, Michigan State University
"Lauderdale’s Doctrine and Policy on the Parliamentary Stage"
by Herbert F. Thomson, Muskingum College
"International Petroleum and U.S. Market"
by Mostafa F. Hassan, Illinois State University
"The Functions of Market and Government in Coping with the Energy Crisis"
by Wayne A. Leeman, University of Missouri, Columbia
"Money and the St. Louis Fed"
by Darryl R. Francis, Federal Reserve Bank of St. Louis
"Mobile Home and Conventional Home Ownership: An Economic Perspective"
by Jack E. Gaumnitz, University of Kansas
"The Monetary Theory of Balance-of-Payments Policies"
by Harry G. Johnson, The London School of Economics and the University of Chicago
"The Public Sector of the Balance of Payments in the 1960s"
by Robert Warren Stevens, Roosevelt University
Abstracts of Other Papers
"Suburban-Central City Property Tax Differentials and the Location of Industry:
Some Evi-dence"
by Sharon G. Levin, University of Missouri, St. Louis
"Successes and Failures of the Chilean Experiment"
by Markos Mamalakis, University of Wisconsin, Milwaukee
"The Trial of the Fact"
by Gordon Tullock, Virginia Polytechnic Institution and State University
"An Extension of the Macroeconomic General Equilibrium"
by Daniel R. Fusfeld, University of Michigan
"Sex Differentials in the Benefits of Vocational Education"
by Gerald G. Somers, University of Wisconsin, Madison
"The Great Collections in the History of Economic Thought"
by Kenneth E. Carpenter, Kress Library, Harvard University
"The Economics of Prescription Drug Effectiveness"
by James Marshall Jondrow, Center for Naval Analyses, The Public Research Institute
"The 1962 Drug Amendments and the Dilemma of Public Policy"
by Douglas L. Cocks, Eli Lilly and Company
"Empirical Estimates of Optimal City Size"
by James Cantwell, Knox College; Ronald Krumm, Knox College
"The Appreciation of Art"
by John Picard Stein, The Rand Corporation
"Antitrust Policy Planning and Industry Performance Evaluation"
by Steven R. Cox, Bureau of Econ. Federal Trade Comm.
"The Welfare Cost of Monopoly: An Inter-Industry Analysis"
by John J. Siegfried, Vanderbilt University; Thomas K. Tiemann, Vanderbilt University
"Stabilization Policy in an Open Economy"
by David I. Fand, Wayne State University
"The Causality Relationship Between Money and Income: A Time Series Approach"
by Edgar L. Feige, University of Wisconsin, Madison; Douglas K. Pearce, University
of Houston
"New Incentives for Middle-Class Philanthropy: Radical Funding for the Public Good"
by Samuel M. Loescher, Indiana University
14
No. 1, Winter 1975
"Legitimacy and Value in Corporate Society"
by J. Ron Stanfield, Colorado State University
"Financial Determinants of Disparities in Educational Opportunity Among Nebraska
School Districts"
by Donald A. Nielsen, University of Nebraska, Omaha; Keith K. Turner, University
of Nebraska, Omaha; Robert F. Blair, University of Nebraska, Omaha
"Hicks’
"The Two Triads Lecture 1
" and the Transactions Demand for Money"
by Clifford L. Fry, Federal Reserve Bank of Dallas
"Economic Determinants of Migration, Canada, 1950-1967"
by William L. Marr, Wilfrid Laurier University
No. 2, Spring 1975
"Adjusted Benefit-Cost Ratios for the Mid-State Reclamation Project"
by Steve H. Hanke, The Johns Hopkins University & University of California,
Berkeley
"Some Current Transportation Problems"
by John Richard Felton, University of Nebraska, Lincoln
"Federal Reserve Open-Market Operations"
by Raymond E. Lombra, Federal Reserve System; Raymond G. Torto, University of Massachusetts,
Boston
"Raw Materials, Inflation, and Macroeconomic Policy"
by Fred John Abraham, University of Northern Iowa
"Private Returns to Public Investments in Job Search Assistance"
by Jerry L. Kingston, Arizona State University; Paul L. Burgess, Arizona State University
"The Elasticity of Loan Demand as a Measurement of Banking Competition: A Factor
Analytic Approach"
by Marion L. Chiattello, University of Northern Iowa
No. 3, Summer 1975
"Equity and Economic Theory"
by Harry G. Johnson, The University of Chicago
"Inflation Expectations: Theories and Evidence"
by Geoffrey Nunn, San Jose State University; Clifford Elliott, Memphis State University
"A Regional Test of the Heckscher-Ohlin Theory of International Trade"
by Gary L. French, Texas A & I University, Kingsville
"The Common Sense of GNP Forecasting"
by Edward F. Renshaw, State University of New York, Albany
"The Controlled Float: Exchange Market Adjustments"
by Robert L. Carbaugh, South Dakota State University
"The Elasticity of Loan Demand as a Measurement of Banking Competition: A Note"
by L. Wayne Dobson, University of Nebraska, Lincoln; Thomas Iwand, University of
Nebraska, Lincoln
No. 4, Autumn 1975
"The Keynesian Light That Failed"
by Sidney Weintraub, University of Pennsylvania
"A Reevaluation of U.S. Monetary Policy in the Pre-Accord Period"
by Joseph L. Lucia, Villanova University
"Worker and Managerial Excellence: Mexico Versus The United States"
by Paul E. Snoonian, University of Lowell; Thomas G. Macbeth, University of Lowell
"Monetary Rules and Optimal Monetary Policy"
by James A. Richardson, Louisiana State University, Baton Rouge
15
No. 1, Winter 1976
"Entry and Performance in the Journal Market"
by Sanford V. Berg, University of Florida
"The Capital Gains Tax and the
"Lock-In
" Effect"
by Peter Eilbott, Queens College; Larry Hersh, Hunter College City University of
New York
"Built-In Flexibility per Industry for the United States: A Cross-Sectional Approach"
by Donald R. Epley, University of Arkansas
"Quit Rates and Weekly Hours"
by Allen Blitstein, University of Arizona
"A Note on the Cost of Transmitting Electrical Energy"
by Noel d. Uri, Federal Energy Administration
No. 2, Spring 1976
"The Monetary Growth Rate and the Interest Rate: A Diagrammatic Presentation"
by Edward Shapiro, The University of Toledo
"A Progressive Income Tax With a Uniform Tax Rate"
by Don M. Soule, University of Kentucky; Clyde T. Bates, Georgetown College
"Index-Linked Mortgages"
by Wolfgang W. Franz, Central Washington State College
"Externalities and Freight Car Supply in the U.S. Rail Network"
by Mary F. Berglund, University of Nebraska, Lincoln
"A Note on Idle Cash Balances of State and Local Governments: A Worsening Situation"
by Martin E. Judd, Southern Research Institute
No. 3, Summer 1976
"The Political Economy of Adam Smith"
by Warren J. Samuels, Michigan State University
"Corporate Concentration, Small Business, and the Economy"
by Wallace C. Peterson, University of Nebraska, Lincoln
"Consumer Information and Competition in the Synthetic Detergent Industry"
by Steven R. Cox, Arizona State University
"The Performance of Public Housing in Small Cities: Net Tenant Benefits and Federal
Expen-ditures"
by Jackie E. Adams, Southeastern Louisiana University
No. 4, Autumn 1976
"Alternative Futures in World Food Demand, Export, Farm Productivity, and Agricultural
Wel-fare: A Simulation"
by Thomas M. Reynolds, Iowa State University; Donald O. Mitchell, Iowa State University;
Earl O. Heady, Iowa State University
"The New Left and the Libertarian Right: Notes for a Reappraisal of the Convergence
Thesis"
by Rick Tilman, California State College, San Bernardino
"Vertical Integration in the Diesel-Electric Locomotive Building Industry: A Study
in Market Failures"
by Thomas G. Marx, Foster Associates, Inc., Washington, D.C.
"Forecasting by Regulated Energy and Communication Utilities"
by Stevan R. Holmberg, University of Maryland
"Characteristics of Call Provisions on State and Local Government Bonds"
by David S. Kidwell, Purdue University
16
No. 1, Winter 1977
"The Financial Instability Hypothesis: An Interpretation of Keynes and an Alternative
to ‘Standard’ Theory"
by Hyman P. Minsky, Washington University, St. Louis
"How Successful Were Monetary and Fiscal Policies During 1974?"
by Willy Sellekaerts and Brigitte Sellekaerts, Chase Econometrics Associates, Inc.
"Economic and Business Journals: Policies, Performance, and the Impact of Submission
Fees"
by John H. Crockett, University of Houston; R. Charles Moyer, Lehigh University
"Merger Motives: Conglomerates Versus Congenerics"
by Robert G. Morgan, Drexel University
"The Weakened Snake: Exchange Market Adjustments"
by Robert J. Carbaugh, University of Wisconsin, Eau Claire
No. 2, Spring 1977
"On Keynes and Keynesians and Revolutions"
by Robert Eisner, Northwestern University and National Bureau of Economic Research
"The Long Swing: A Spectral and Cross-Spectral Comparison of Nineteenth and Twentieth
Century United States Experience"
by Giorgio Canarella, California State University, Los Angeles; Donald Snyder, California
State University, Los Angeles
"Analysis of New York City’s Manpower Training and Placement Programs"
by Laura Stone Nowak, Bernard Baruch College of the City University of New York
"Certificates of Deposit and the Lag in Effect of Monetary Policy"
by Clifford L. Fry, University of Houston; Charles P. Harper, University of Houston
"Geographic Variation of Property Tax Burdens: The Case of Iowa"
by Steven D. Gold, Drake University
No. 3, Summer 1977
"The Current
"Crisis
" in Economics in Historical Perspective"
by A.W. Coats, The University of Nottingham
"The American Tradition in Economics"
by Harry G. Johnson, The University of Chicago and The Graduate Institute of International
Studies, Geneva
"Institutionalism, Keynes, and the Real World"
by Wallace C. Peterson, University of Nebraska, Lincoln
"A Note on the Government Employment Multiplier"
by Michael Dimmit, College of St. Rose; Edward Renshaw, State University of New
York at Albany
"Measuring the Information Content of Consumer Price Announcements"
by W. Bradford Cornell, The University of Arizona
No. 4, Autumn 1977
"An Old Reactionary Free Trader on the New International Economic Order"
by Martin Bronfenbrenner, Duke University
"Lawyers, Economists, and Laissez-Faire"
by Max E. Fletcher, University of Idaho
"Income Distribution, Social Utility, and Unemployment"
by William J. Frazer, Jr., University of Florida
"Investor Risk and Required Rate of Return in Regulated Industries"
by Stevan R. Holmberg, The American University, Washington, D.C.
"Portfolio Risk: A Review of Theory and Empirical Evidence"
by Sammy O. McCord, Auburn University; Thomas M. Tole, Auburn University
"A Redistributive Effect of Natural Gas Price Regulation"
by William Patton Culbertson, Jr., Louisiana State University
17
No. 1, Winter 1978
"Technology in Human Perspective"
by E.F. Schumacher, British Economist, Author of Small is Beautiful
"Energy Policy, The Price System, and the Future of the Energy Economy"
by Stephen L. McDonald, The University of Texas
"Planning Implications of the New American Ideology"
by George C. Lodge, Harvard University
"A Note on the Substitution of a Value Added Tax for the Corporate Income Tax, and
Its Impact Upon Stabilization"
by Donald R. Epley, University of Arkansas
"Price Volatility and Corporate Repurchasing"
by Marvin Rosenberg, Federal Trade Commission; Allan Young, Syracuse University
No. 2, Spring 1978
"The Consumer and Inflation"
by Robert M. Biggs, University of Toledo
"The Strong Factor Intensity Hypothesis and the Heckscher-Ohlin Theorem: A Multiregional
Test"
by Andreas N. Andrikopoulos, University of Waterloo, Ontario, Canada
"A Strategy for the Investment of State Funds: Negotiating the CD Rate by the Markowitz
Criterion"
by Merlin M. Hackbart, University of Kentucky; R. Stafford Johnson, University of
Kentucky
"Demand Structure and International Trade: A Modified Linder Model"
by Frank S. Wert, Central State University, Edmond, Oklahoma
"An Examination of the Stability of the Intertemporal Relationships Among National
Stock Market Indices"
by Richard L. Haney, Jr. The University of Georgia; William P. Lloyd, The University
of Georgia
"Energy Policy, the Price System, and the Future of the Energy Economy: A Comment"
by Myles Wallace, Western State College of Colorado
No. 3, Summer 1978
"Public Expenditures and the Changing Role of the South American Military: Implications
for Regional Development"
by Joseph E. Pluta, Texas State Comptroller’s Office; R. Lynn Rittenoure, The University
of Tulsa
"Simultaneous Legal and Illegal Demand for Prescription Drugs"
by Allen M. Parkman, The University of New Mexico
"Returns to Investments in Undergraduate Education for Black Males"
by Charles R. Greer, Oklahoma State University
"Bank Soundness and Liability Management"
by Dudley G. Luckett, Iowa State University; Steve B. Steib, The University of Tulsa
"Solving the Central City Fiscal Crisis: Metropolitan Government or Intergovernmental
Transfer Payments?"
by John H. Hand, Auburn University
"Labor Substitution in Health-Care Facilities"
by Richard E. Bernstein, Temple University
No. 4, Autumn 1978
"Towards Full Employment and Price Stability"
by Paul W. McCracken, The University of Michigan
"Minimum Wage Legislation: Goals and Realities"
by James F. Ragan, Jr., Kansas State University
"Regionalism, Redistribution, and Federal Spending"
by U-Jin Jhun, State University of New York, Oswego; James Cicarelli, State University
of New York, Oswego
"Rural Coal Development and School Quality: A Study of Western North Dakota"
by David L. Vinje, Pacific Lutheran University
"Investor Risk and Required Rate of Return in Regulated Industries: A Comment"
by Eugene F. Rasmussen, Iowa State Commerce Commission
"Investor Risk and Required Rate of Return in Regulated Industries: A Reply"
by Stevan R. Holmberg, The American University, Washington, D.C.
18
No. 1, Winter 1979
"Marx in the Modern World"
by A. Stuart Hall, Late Professor of Economics, University of Nebraska, Lincoln
"Some Notes on the Commerce Department’s Index of Leading Economic Indicators"
by Edward F. Renshaw, State University of New York, Albany
"Decision-Making in the Extensive Firm"
by John J. Kania, University of Nebraska, Lincoln; John R. McKean, Colorado State
University
"BTU Cost Comparisons of Conventional and Nonconventional Energy Sources"
by George R. Butler, Michigan Technological University; James R. Gale, Michigan
Technological University
"Multinational Corporation Investment in Less Developed Countries: Reducing Risk"
by James C. Baker, Kent State University; John K. Ryans, Jr., Kent State University
"An Examination of the Stability of the Intertemporal Relationships Among National
Stock Market Indices: A Comment"
by Anthony Saunders; Richard Woodward
No. 2, Spring 1979
"The Next Great Depression"
by Daniel R. Fusfeld, The University of Michigan
"Is Monetary Collapse in the Eighties in the Cards?"
by Paul Davidson, Rutgers University
"Adjustment Policies and Trade Relations with Developing Countries"
by Helen B. Junz, Department of the Treasury
"Why Stocks Have Not Been A Hedge Against Inflation"
by Suleman A. Moosa, University of Illinois, Chicago Circle
"An Empirical Inquiry Into the Tax Court’s Utilization of Guidelines for Valuing
Closely Held Stock for Estate and Gift Tax Purposes"
by Ted D. Englebrecht, The University of Oklahoma; Ronald M. Copeland, The University
of South Carolina; Dale L. Davison, Arizona State University
No. 3, Summer 1979
"The Global Perspective"
by Alexander King, The International Federation of Institutes for Advanced Study
"The Decline of Industrialism"
by Carter Henderson, Princeton Center for Alternative Futures, Inc.
"The Evolution of EPA’s Grain Dust Regulation"
by Bruce Yandle, Clemson University
"Inflationary Expectations and Labor Submarkets—A Test"
by David R. Kinnear, Hull Institute of Higher Education; Anthony Saunders, New York
University
"Deficit Financing and the Inflation Rate-Interest Rate Trade-Off: A Diagrammatic
Note"
by Edward Shapiro, The University of Toledo
"A Wage Equation for the Public Sector"
by James J. Clarke, Villanova University
No. 4, Autumn 1979
"A Total Budget Methodology for Analyzing Interdistrict Equity of State Educational
Finance Systems with an Application to Nebraska"
by F. Gregory Hayden, University of Nebraska, Lincoln
"An Innovation on the Monetarist Model of Inflation"
by Suleman A. Moosa, Chicago State University
"Fee Differences of Physicians and Practitioner Associates"
by Richard A. Ward, University of Southern California
"Bank Earnings by Portfolio Category"
by Marvin Phaup, U.S. Congressional Budget Office; Michael Bagshaw, Federal Reserve
Bank of Cleveland; Kerim Sayan, Bishop College; Alan K. Severn, Temple University
"A Paradox in the Relation of Wealth to Utility"
by Robert Haney Scott, University of Washington
19
No. 1, Winter 1980
"The Social Rate of Discount to be Applied to Public Projects: Some Unsettled Questions"
by Richard M. Davis, University of Oregon; Raymond F. Mikesell, University of Oregon
"The Impact of Monetary Policy in Single-Equation Macro Models"
by Stephen Friedlander, American Telephone and Telegraph
"Inflation, Monetarism, and Price Controls"
by Robert R. Keller, Colorado State University
"The Effects of Changes in Relative Prices on Inflation and Unemployment"
by William R. DiPietro, Federal Communications Commission
"A Note on Technological Change and the Interindustry Propensity to Strike in U.S.
Manufac-turing Industries"
by William H. Foeller, The Pennsylvania State University
"A Note on the Usefulness of Bond Ratings as Measures of Systematic Risk"
by Tom Schneeweis, University of Massachusetts; Carl Schweser, University of Iowa
No. 2, Spring 1980
"An Economic Reevaluation of the O’Neill Unit Irrigation Project"
by Mark R. Johnson, Department of Planning and Development, City of Burlington,
Iowa
"Product Differentiation, Implicit Theorizing, and the Methodology of Industrial
Organization"
by Rodney D. Peterson, Colorado State University
"Concentration, Entry Conditions, and Long-Run Profit Rates, 1947-1976"
by Thomas G. Marx, General Motors Corporation
"An Abstract Approach to the Relative Ranking of Economics Journals"
by James T. Bennett, George Mason University; Manuel H. Johnson, George Mason University;
Peter Germanis, George Mason University
"Some Evidence Regarding the Lag in the Initial Countercyclical Response of Monetary
Policy"
by M. Ray Perryman, Baylor University
No. 3, Summer 1980
"Automatic Fiscal Policy, 1966-1975"
by Ansel M. Sharp, Oklahoma State University; Mohammad Khan, Gomal University, Pakistan
"Money Market Certificates in Perspective"
by H. Kent Baker, The American University, Washington, D.C.; Stevan R. Holmberg,
The American University, Washington, D.C.
"Friedman’s Dynamic Inflation Overshoot Mechanism"
by Michael J. Gootzeit, Memphis State University
"The Measurement of Market Structure and Its Influence on Bank Prices and Profitability"
by Duane B. Graddy, Middle Tennessee State University
"Technical Analysis and Utility Preferred Stocks"
by Thomas McInish, University of Delaware; Donald J. Puglisi, University of Delaware
"A Note on Social Benefits and the Education of Ph.D. Scientists"
by W. Clayton Hall, Illinois Institute of Technology; Peter P. Pekar, Jr., Quaker
Oats Company
No. 4, Autumn 1980
"The Evolving Institution of Legal Services"
by Warren J. Samuels, Michigan State University
"The Cross-Subsidization of Rural Areas by ICC-Regulated Trucking Firms"
by John Richard Felton, University of Nebraska, Lincoln
"Influence of Socioeconomic Characteristics of Elected Representative Bodies on
Governmental Spending Decisions"
by John M. Fitzgerald, University of Wisconsin, Madison; John H. Wicks, University
of Montana
"Causes of the Racial Differential in Unemployment Rates Among Male Youth"
by Robert S. Rycroft, Mary Washington College
"Reference Prices: Effects on National Welfare and Efficiency"
by Robert J. Carbaugh, University of Wisconsin, Eau Claire; Darwin Wassink, University
of Wisconsin, Eau Claire
"Fraudulence and the Competitive Supply of Public Goods"
by Alfred Endres, University of Konstanz, West Germany
20
No. 1, Winter 1981
"The Changing Labor Market Environment in the 1980s"
by Arnold R. Weber, University of Colorado
"Concentration, Plant Size, and Multiple Plant Operations of Large Firms in Australian
Manu-facturing Industries"
by David K. Round, The University of Adelaide, South Australia
"Capital Budgeting Decisions for Load Management Equipment by Industrial Electric
Users"
by Barbara B. Murray, University of Michigan, Dearborn
"Effects of Changes in Anticipated Inflation and Taxes on Stock Prices"
by Maury R. Randall, Rutgers College; Robert L. Greenfield, Fairleigh Dickinson
University
"Occupational Choice Under Earnings Uncertainty"
by J. Paul Leigh, California State University, Los Angeles
No. 2, Spring 1981
"Equity, Efficiency, Social Justice, and Redistribution"
by Lester C. Thurow, Massachusetts Institute of Technology
"The Future of Banking in the United States: An Application of Institutionalist
Economic Theory"
by Dudley G. Luckett, Iowa State University
"‘Supply-Side’ Economics: A Diagrammatic Exposition"
by Edward Shapiro, The University of Toledo
"Rapidly Rising Prices of Crude Oil and Natural Gas and Their Impact on Production
Out of the Existing Reserves"
by Krishna R. Akkina, Kansas State University; Devinder M. Malhotra, The University
of Akron
"Announcement Impact on Securities of Future Option Trading"
by Mary Whiteside, The University of Texas; William P. Dukes, Texas Tech University;
Patrick Dunne, Texas Tech University
No. 3, Summer 1981
"The Development of Contemporary Mainstream Macroeconomics: Vision, Ideology, and
The¬ory Debate"
by Richard Chase, University of Vermont
"The Effect of the Embargo on Grain Exports to the Soviet Union on the Exchange
Rate"
by Animesh Ghoshal, DePaul University
"Implications of the Merrill Decision for the Implementation of Monetary Policy"
by James L. Butkiewicz, University of Delaware; Jeffrey B. Miller, University of
Delaware
"Factors Affecting the Cost of Participating Whole Life Insurance"
by Ravindra K. Kamath, Cleveland State University; Cheyeh Lin, University of Cincinnati
No. 4, Autumn 1981
"Financial Markets and Economic Instability, 1965-1980"
by Hyman P. Minsky, Washington University, St. Louis
"The Effects of Expectations on Industrial R & D Activity: Evidence Based on
the Efficient Market Hypothesis"
by James J. Doyle, JACA Corporation; Frank J. Navratil, John Carroll University
"An Empirical Study of the Canadian Multinational Corporations and Canadian Conglomerate
Firms with Regard to Performance Evaluation"
by Halim I. Bishara, University of Saskatchewan, Canada
"Determinants of Eurodollar Interest Rates Under Fixed and Floating Exchange Rates"
by Joseph E. Finnerty, University of Massachusetts; Thomas Schneeweis, University
of Massachusetts
"Testing Theories of Inflation and Its Acceleration in the United States, 1960-1979"
by Karatholuvu V. Nagarajan, Susquehanna University
