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Massachusetts Institute of Technology (MIT), Department of Economics

Working papers

Contact information of Massachusetts Institute of Technology (MIT), Department of Economics:
Postal: MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT), DEPARTMENT OF ECONOMICS, 50 MEMORIAL DRIVE CAMBRIDGE MASSACHUSETTS 02142 USA
Phone: (617) 253-3361
Fax: (617) 253-1330
Web page: http://econ-www.mit.edu/
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Postal: MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT), DEPARTMENT OF ECONOMICS, 50 MEMORIAL DRIVE CAMBRIDGE MASSACHUSETTS 02142 USA
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Series handle: repec:mit:worpap

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1976

177 Wage- Indexation and Macro-Economic Stability
by S. Fischer
176 Optimal Tax Theory: A Synthesis
by J. A. Mirrlees
175 On Donor Sovereignty and United Charities
by F. M. Fisher
174 Vertical Integration in Competitive Markets Under Uncertainty
by D. W. Carlton
173 A Conditional Profit Model for Qualitative Choice: Discrete Decisions Recognizing Interdependence and Heterogeneous Preferences
by J. A. Hausman & D. A. Wise
172 Optimal Policy Intervention in the Presence of Brain Drain: Educational Subsidy and Tax on Emigrants Income
by J. Bhagwati & K. Hamada
171 Regulatory Activities by Government Agencies
by P. Joskow

1975

170 Lessons For the Present from the Great Depression
by P. Temin
169 Quantity Constraints, Spillovers and the Hahn Process
by F. M. Fisher
168 Continuously Dated Commodities, Individual Price Adjustment, and Non-Tatonnement With Production and Consumption
by F. M. Fisher
167 Exchange Rate Dynamics
by R. Dornbusch
166 Long-Term Contracts, Rational Expectations and the Optimal Money Supply Rule
by S. Fischer
165 The Theory of Flexible Exchange Rate Regimes and Macroeconomic Policy
by R. Dornbusch
164 Optimal Trade Policy and Compensation Under Endogenous Uncertainty: The Phenomenom of Market Disruption
by J. N. Bhagwati & T. N. Srinivasan
163 Two Problems in the Theory of Fairness
by H. R. Varian
162 Estimation of the Price Elasticity of Demand Facing Metropolitan Producers
by R. F. Engle
161 Domestic Distortions, Imperfect Information and the Brain Drain
by K. Hamada & J. N. Bhagwati
160 Simultaneous Estimation of the Supply and Demand for Household Location in a Multizoned Metropolitan Area
by K. Bradbury & R. Engle et al.
159 Education in a 'Job Ladder' Model and the Fairness-in-Hiring Rule
by J. N. Bhagwati & T. N. Srinivasan
158 Welfare-Theoretical Analysis of the Brain Drain
by J. N. Bhagwati & C. Rodriguez
157 Devaluation in a Small Economy With Flexible and Rigid, Real and Nominal, Prices
by J. N. Bhagwati
156 The Effect of a Proportional Subsidy or a Tax on the Quality and Quantity of Output
by E. D. Domar
155 The Future of the U. S. Nuclear Energy Industry
by P. L. Joskow & M. L. Baughman
154 Commercial Expansion and the Industrial Revolution
by C. P. Kindleberger
153 The Stability of General Equilibrium: Results and Problems
by F. M. Fisher
152 On the Assignment of Liability: The Uniform Case
by P. A. Diamond & J. A. Mirrlees
151 Private Constant Returns and Public Shadow Prices
by P. A. Diamond & J. A. Mirrlees
150 Selected Readings in Urban Policy Analysis, Urban Housing Markets and Housing Policy
by J. Rothenberg
149 An Approach to the Modelling of Urban Housing Markets
by J. Rothenberg
148 On Non-Walrasian Equilibria
by H. R. Varian
147 The Optimal Development of Resource Pools
by M. L. Weitzman
146 A Many-Person Ramsey Tax Rule
by P. A. Diamond
145 Errors in Variables in Simultaneous Equation Models
by J. A. Hausman

1974

144 Testing Price Equations for Stability Across Frequencies
by R. F. Engle
143 Electric Utility Fuel Choice Behavior in the United States
by P. L. Joskow & F. S. Mishkin
142 The Structure and Performance of Mexican Banks and Financieras
by R. S. Eckaus
141 The New Soviet Incentive Model
by M. L. Weitzman
140 Is the Price System or Rationing More Effective in Getting a Commodity to Those Who Need It Most?
by M. L. Weitzman
139 The Use of Libraries by Economists
by C. P. Kindleberger
138 Stability and Exchange Rate Systems in a Model of Balance of Payments
by S. Fischer
137 Income and Urban Residence: An Analysis of Consumer Demand
by W. C. Wheaton
136 Aggregate Production Functions: Some CES xperiments
by F. M. Fisher & R. M. Solow & J. R. Kearl
135 A Bid Rent Approach to Housing Demand
by W. C. Wheaton
134 Capitalist Masters, Bourgeois Slaves
by P. A. David & P. Temin
133 The Rise of Free Trade in Western Europe, 1820-1875
by C. P. Kindleberger
132 The Demand for Index Bonds
by S. Fischer
131 The Probability of Dependence on Public Assistance
by R. E. Hall
129 Notes on the Specification of an Aggregative Model of Metropolitan Housing Markets
by G. C. Galster & J. Rothenberg
128 Inflation and Environmental Concern: Structural Change in the Process of Public Utility Price Regulation
by P. Joskow
127 An Instrumental Variable Approach to Full-Information Estimators for Linear and Non-Linear Econometric Models
by J. A. Hausman
126 Causal Factors in American Growth in the Nineteenth Century
by P. Temin
125 On the Welfare Significance of National Product in Dynamic Economy
by M. L. Weitzman
124 Poor Old Capitalism
by E. D. Domar
123 A Model of the Distribution of Wealth
by A. B. Atkinson

1973

122 Some Finite Sample Properties of Spectral Estimators of a Linear Regression
by R. F. Engle & R. Gardner
121 A Disequilibrium Model of Regional Investment
by R. F. Engle
120 Issues in the Specification of an Econometric Model of Metropolitan Growth
by R. F. Engle
119 De Facto Discrimination in Residential Assessments: Boston
by R. F. Engle
118 A Marxian Type Model of Enclosure
by J. S. Cohen & M. L. Weitzman
117 On the Statistical Theory of Unobserved Components
by R. E. Hall
116 Recent Studies of the Incidence of the Corporate Income Tax
by E. C. Brown
115 Equity, Envy and Efficiency
by H. R. Varian
114 The Formation of Financial Centers: A Study in a Comparative Economic Theory
by C. P. Kindleberger
113 Single Activity Accidents
by P. A. Diamond
112-B Differential Incidence in a Static General Equilibrium Framework
by A. Friedlander & A. Vandendorpe
112-A The Role of Immigration in Industrial Growth: A Case Study of the Origins and Character of Puerto Rican Migration to Boston
by M. J. Piore
111 Cartels, Competition and Regulation in the Property and Liability Insurance Industry
by P. L. Joslow
110 On the Technological Foundations of Economic Dualism
by M. J. Piore
109 Alternative Policy Rankings in a Large, Open Economy with Sector-Specific, Minimum Wages
by J. Bhagwati & T. N. Srinivasan
108 Asset Management with Trading Uncertainty
by D. K. Foley & M. F. Hellwig
107 Did Monetary Forces Cause the Depression?
by P. Temin
106 Prices vs. Quantities
by M. L. Weitzman
105 Origins of United States Direct Investment in France
by C. P. Kindleberger
104 Scientific Education and the French Entrepreneur
by C. P. Kindleberger
103 Intergenerational Equity and Exhaustable Resources
by R. M. Solow
102 The Brain Drain, International Integration of K. Markets for Professionals and Unemployment: A Theoretical Analysis
by J. Bhagwati & Hamada
101 On the Theory of Non-Economic Objectives in Open Economics
by A. Vandendorpe
100 The Ranking of Policy Interventions Under Factor Market Imperfections: The Case of Sector-Specific Sticky Wages and Unemployment
by J. Bhagwati & T. N. Srinivasan
99 On Reanalyzing the Harris-Todaro Model: Policy Rankings in the case of Sector-Specific Sticky Wages
by J. Bhagwati & T. N. Srinivasan
98 Inflation and the Comprehensive Tax Base
by Peter A.Diamond
97 Increase and in Risk Aversion
by Peter A. Diamond & J. E. Stiglitz

1972

96 Band Spectrum Regressions
by R. F. Engle
95 Notes for a Theory of Labor Market Stratification
by M. J. Piore
94 On the Optional Compensation of a Socialist Manager
by E. D. Domar
93 Smuggling and Trade Policy
by J. Bhagwati & T. N. Srinivasan
92 The Brain Drain and Income Taxation: A Proposal
by J. Bhagwati & W. Dellalfar
91 The General Equilibrium Theory of Effective Protection and Resource Allocation
by J. Bhagwati & T. N. Srinivasan
90 Upward Mobility, Job Monotony, and Labor Market Structure
by M. Piore
89 A Supply Function Model of Aggregate Investment
by R. Engle & D. Foley
88 Keynes' Disequilibrium Analysis
by H. Schuster
87 The Determinants of Juvenile Arrests
by R. Grieson
86 Stock Exchange Commissions: The Pricing and Marketing of Securities
by R. Grieson
85 The Taxations of Earnings Under Public Assistance
by N. A. Barr & R. E. Hall
84 The Anglo American Business Cycle, 1820-1860
by P. Temin
83 The Incidence of Profits Taxes in a Neo-Classical Growth Model
by R. Grieson
72 The Economics of Property Taxes and Land Values
by R. E. Grieson

1971

82 Should Growth Rates Be Evaluated at International Prices?
by J. Bhagwati & B. Hansen
81 Problems in the Modeling of Urban Development: A Review Article on Urban Dynamics, by Jay W. Forrester
by J. Rothenberg
80 Unemployment and Price Dynamics in a Monetary-Fiscal Policy Model
by D. K. Foley
79 Uncertainty, Resource Allocation and Factor Shares in a Two-Sector Model
by P. K. Bardhan
78 Trade and Production Patterns Under Uncertainty
by M. C. Kemp & N. Liviatan
77 Uncertainty and Trade Theory: Some Comparative-Static Results
by P. K. Bardhan
76 The Specification of the Disturbance for Efficient Estimation
by R. F. Engle
75 A Theoretical Analysis of Smuggling
by J. Bhagwati & B. Bansen
74 Returns-to-Scale in Research and Development: What Does the Schupeterian Hypothesis Imply?
by F. M. Fisher & P. Temin
73 On Stability in the Saddle-Point Sense
by D. Levhari & N. Liviatan
71 Tariff-Induced Capital Inflow and Immiseration
by J. N. Bhagwati
70 An Econometric Model of the World Copper Industry
by F. M. Fisher & P. H. Cootner
69 Entrepreneurship and Economic Development
by J. R. Harris
68 The Theory of Effective Protection and Resource Allocation Further Examined
by J. N. Bhagwati & J. N. Srinivasan
67 The Theory of Effective Protection and Resource Allocation
by J. N. Bhagwati & T. N. Srinivasan
45 The Impact of Local Government on Intra-Metropolitan Location
by J. Rothenberg

1970

66 Latin America in the Light of Reports on Development
by P. N. Rosenstein-Rodan
65 Trade, Growth and Capital
by M. Bruno
64 On Replacing Capitalism
by D. K. Foley
63 The Inconsistency of Distributed Lag Estimators Due to Misspecification by Time Aggregation
by R. E. Engle
62 Wages, Income and Hours of Work in the U. S. Labor Force
by R. E. Hall
61 Aggregate Production Functions and the Explanation of Wages: A Simulation Experiment
by F. M. Fisher
60 Fiscal Disparities in a Metropolitan Area: The Public Policy Perspective
by J. Rothenberg
59 The Pure Theory of the National-Output Deflator
by F. M. Fisher & K. Shell
58 Optimum Consumption and Portfolio Rules in a Continuous-time Model
by R. C. Merton
57 Human Capital and the Indian Pattern of Foreign Trade
by J. N. Bhagwati & R. Bharadwaj
56 Trade-Diverting Customs Unions and Welfare Improvement: A Clarification
by J. N. Bhagwati
55 Simultaneous Equations Estimation: The State of the Art
by F. M. Fisher
54 On the Trail of Conventional Beliefs About the Transfer Problem
by P. A. Samuelson
53 Urban and Industrial Deconcentration in Developing Economies: An Analytical Framework
by J. R. Harris
52 Economic Equilibrium with Marketing Costs
by D. K. Foley
51 The Theory of Wage Differentials: Production Response and Factor Price Equalization
by J. N. Bhagwati & T. N. Srinivasan
50 Economic Effects of Network Program Ownership
by R. W. Crandall
49 The Economics of Congestion and Pollution: An Integrated View
by J. Rothenberg
48 On Silent Springs and Multiple Roots--Cost-Benefit Methods and Environmental Damage
by M. D. Edel
47 Oligopoly Theory, Entry-Prevention and Growth
by J. N. Bhagwati

1969

46 Cost-Benefit Analysis: A Methodological Exposition
by J. Rothenberg
44 Federal Training Programs for Dispersed Employment Occupations
by M. J. Piore & D. D. Taylor
43 An Essay on Aggregation Theory and Practice
by E. Kuh
42 The Causes of Slavery: A Hypothesis
by E. D. Domar
41 Market, Planning, or Warfare? Recent Land-Use Conflicts in the United States
by M. D. Edel
40 Linear Decision and Control
by D. McRae
39 The Generalized Theory of Distortions and Welfare
by J. N. Bhagwati
38 An Exposition of Optimal Growth, Based on a Dynamic Fisherine Diagram
by N. Liviatan
37 Alternative Estimates of the Real Cost of Aid
by J. N. Bhagwati
36 Optimal Growth and Allocation of Foreign Exchange
by P. K. Bardhan

1968

35 Local Decentralization and the Theory of Optimal Government
by J. Rothenberg
34 Optimal Policies and Immiserizing Growth
by J. N. Bhagwati
33 A Two Sector Model of Migration with Urban Unemployment in Developing Economics
by J. R. Harris & M. P. Todaro
32 Economic Criteria for Foreign Aid
by R. S. Eckaus
31 Ranking of Tariffs Under Monopoly Power in Trade
by J. N. Bhagwati & M. C. Kemp
30 An Analysis of Boston Voting Patterns 1963-67
by E. P. Fisher & F. M. Fisher
29 Domestic Distortions, Tariffs and the Theory of Optimum Subsidy: Some Further Results
by J. N. Bhagwati & V. K. Ramaswami & T. N. Srinivasan
28 A Classification and Retrieval System for Economic Data
by R. Schmalensee
27 On the Duality Between Allocation and Valuation
by D. McRae
26 The Rationale for Foreign Aid
by R. S. Eckaus
25 The Existence of Aggregate Production Functions
by F. M. Fisher
24 Portfolio Choice, Investment, and Growth
by D. K. Foley & M. Sidrauski
23 Public and Private Responsibilities in On-the Job Training of Disadvantaged Workers
by M. J. Piore
22 Optimal Taxation and Public Production
by Peter A. Diamond & J. A. Mirrlees
21 Optimal Fiscal Monetary Policy and Economic K. Growth
by D. Foley & K. Shell & M. Sidrauski
20 A Dual Maximum Principle for Discrete-Time Linear Systems with Economic Application
by D. McRae
19 Models of Growth with Imported Inputs
by P. K. Bardhan & S. Lewis
18 Production and Investment in an Equilibrium Economy
by D. MacRae
17 Equilibrium Growth in a Model with Economic Obsolescence of Machines
by P. K. Bardhan
16 Applications of Pontryagin's Maximum Principle of Economics
by K. Shell
15 The Investment Decisions of Colombian Community Boards
by M. D. Edel
14 Economic Analysis in an Anthropological Setting Some Methodological Considerations
by M. D. Edel
13 Chinese and Indian Agriculture: A Broad Comparison of Recent Policy and Performance
by P. K. Bardhan

1967

12 Capital Gains, Income, and Saving
by K. Shell & M. Sidrauski & J. E. Stiglitz
11 The Educational Opportunity Bank: An Economic Analysis of a Contingent repayment System Loan Program for Higher Education
by K. Shell & F. M. Fisher & D. K. Goley & A. F. Friedlander
10 On Optimum Subsidy to a Learning Industry: An Aspect of the Theory of Infant Industry Protection
by P. K. Bardhan
9 A Correspondence Principle for Simultaneous Equation Models
by F. M. Fisher
8 Iterative methods for the Solution of Economic Models
by T. McGettigan
7 Polynomial Distributed Lags
by R. E. Hall
6 Security of Eastern Hemisphere Fuel Supply
by M. A. Adelman
5 Incidence of an Interest Income Tax
by Peter A. Diamond
4 Opportunity Costs and Public Investment: Comment
by Peter A. Diamond
3 Lindahl's Solution and the Core of an Economy with Public Goods
by D. K. Foley
2 The Calculation of Ordinary Least Squares
by R. E. Hall
1 Matrix Operations in Econometrics
by R. E. Hall

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