# Wiley Blackwell

# Review of Economic Studies

This journal is no longer published by Wiley Blackwell. For a followup journal, see Review of Economic Studies, published by Oxford University Press.
**Order information:**

Web: http://www.blackwellpublishing.com/subs.asp?ref=0034-6527 **Current editor:** Andrea Prat **Current editor:** Bruno Biais **Current editor:** Kjetil Storesletten **Current editor:** Enrique Sentana

Additional information is available for the following
registered editor(s): Bruno R Biais
Imran Rasul
Kjetil Storesletten
Fabrizio Zilibotti
**For corrections or technical questions regarding this series, please contact
(Wiley-Blackwell Digital Licensing) or (Christopher F. Baum)**

**Series handle:**repec:bla:restud

**Citations RSS feed:**at CitEc

### Impact factors

- Simple (last 10 years)
- Recursive (10)
- Discounted (10)
- Recursive discounted (10)
- H-Index (10)
- Aggregate (10)

**Access and download statistics**

**Top item:**

- By citations
- By downloads (last 12 months)

### 1975, Volume 42, Issue 1

**51-56 Non-existence of Equilibrium for the Two-dimensional Three-firms Location Problem***by*Shaked, A**57-66 A Synthesis of the Ramsey-Meade Problems when Population Change is Endogenous***by*Lane, John S**67-77 Formulation of Richardson's Model of Arms Race from a Differential Game Viewpoint***by*Simaan, M & Cruz, J B, Jr**79-85 Functional Separability and Partial Elasticities of Substitution***by*Russell, E Robert**87-91 Efficiency Analysis for Multivariate Distributions***by*Levhari, David & Paroush, Jacob & Peleg, Bezalel**93-103 Strategic Voting without Collusion under Binary and Democratic Group Decision Rules***by*Pattanaik, Prasanta K**105-16 Portfolio Choice and Saving in an Optimal Consumption-Leisure Plan***by*Cox, James C**117-24 Common Costs, Fixed Charges, Clubs and Games***by*Littlechild, Stephen C**125-31 Cournot Oligopoly with Uncertain Entry***by*Kamien, Morton I & Schwartz, Nancy L**133-46 Uncertainty and the Heterogeneous Capital Good Model***by*Ross, Stephen A**147-53 Some Remarks on Optimal Growth with Intertemporally Dependent Preferences in the Neoclassical Model***by*Majumdar, Mukul**155-65 "Turnpike" Theory with (under) Consumption***by*Rader, Trout**167-68 Public Goods and the Technology of Consumption: A Correction***by*Sandmo, Agnar

### 1974, Volume 41, Issue 4

**445-57 On Collective Rationality and a Generalized Impossibility Theorem***by*Fishburn, Peter C**459-75 Social Choice and Individual Rankings II***by*Fine, B & Fine, K**477-91 Prices vs. Quantities***by*Weitzman, Martin L**493-504 Inequality Measures, Prices and Household Composition***by*Muellbauer, John**505-13 Incidence of a Capital Income Tax in a Growing Economy with Variable Savings Rates***by*Feldstein, Martin S**515-23 Money Wage Inflation in Industrial Countries***by*Eatwell, John & Llewellyn, John & Tarling, Roger J**525-31 Correct Fixed-capital Replacement in Input-Output Growth Models***by*Gossling, W F**533-38 The Graph of a k-class Estimator***by*Farebrother, R W**539-47 Existence of a 'Local' Co-operative Equilibrium in a Class of Voting Games***by*Kramer, Gerald H & Klevorick, Alvin K**549-65 Some Equivalence Theorems***by*Khan, M Ali**567-70 A Note on Car Replacement***by*Smith, R P**571 A Note on "A Four-Flagged Lemma."***by*Vind, Karl

### 1974, Volume 41, Issue 3

**303-22 Social Choice and Individual Ranking I***by*Fine, B & Fine, K**323-36 Multi-sector Economic Models with Continuous Adaptive Expectations***by*Burmeister, Edwin & Graham, Daniel A**337-45 Optimal Pricing with a Budget Constraint-The Case of the Two-part Tariff***by*Ng, Yew-Kwang & Weisser, Mendel**347-52 Generalized Errors in Variables Regression***by*Casson, M C**353-69 The Estimation of Non-Linear Econometric Equations: An Application to the Specification and Estimation of an Aggregate Putty-Clay Relation for the United Kingdom***by*Mizon, Grayham E**371-81 Distributional Effects of Linear Income Tax Schedules***by*Itsumi, Yoshitaka**383-404 Imperfection in the Capital Market and the Institutional Arrangement of Inheritance***by*Ishikawa, Tsuneo**405-17 Derived Demand, Returns to Scale and Stability***by*Andrieu, Michel**419-28 Investment and the Optimal Idleness of Capital***by*Winston, Gordon C & McCoy, Thomas O**429-36 The Core of an Economy with Production***by*Boehm, Volker**437-40 On Measuring Economic Interrelatedness***by*Blin, J M & Murphy, Frederic**441-43 A Difficulty in the Concept of Fairness***by*Panzer, Elisha A & Schmeidler, David

### 1974, Volume 41, Issue 2

**153-71 On the General Problem of Model Selection***by*Pesaran, M H**173-79 Non-linearity and Non-stationarity in Dynamic Econometric Models***by*Bowden, Roger J**181-200 The Duality of Technology and Economic Behaviour***by*Jorgenson, Dale W & Lau, Lawrence J**201-17 Technological and Price Uncertainty in a Ricardian Model of International Trade***by*Turnovsky, Stephen J**219-55 Incentives and Risk Sharing in Sharecropping***by*Stiglitz, Joseph E**257-76 The Firm in Uncertain Markets and Its Price, Wage and Employment Adjustments***by*Iwai, Katsuhito**277-87 Market Structure, Durability, and Maintenance Effort***by*Schmalensee, Richard**289-91 A New Approach to the Uniqueness of Equilibrium***by*Grandmont, Jean-Michele & Kirman, Alan P & Neuefeind, W**292-96 On Factor Substitution and Effective Tariff Rates***by*Sampson, Gary P**297-99 The Pasinetti Paradox Revisited***by*Moore, B J**301-02 Liquidity Preference and Risk Aversion with an Exponential Utility Function: Comment***by*Bierwag, G O

### 1974, Volume 41, Issue 1

**1-19 On the Role of Expectations in the Pure Theory of Investment***by*Nickell, Stephen J**21-35 Taxation and the Cost of Capital***by*King, Mervyn A**37-50 Wages and Employment under Uncertain Demand***by*Baily, Martin Neil**51-63 Local Controllability of a Decentralized Economic System***by*Aoki, Masanao**65-74 A Dynamic Generalization of Tinbergen's Theory of Policy***by*Preston, A J**75-86 Optimal Growth in a Stochastic Environment***by*Leland, Hayne E**87-104 Suppressed Inflation and the Supply Multiplier***by*Barro, Robert J & Grossman, Herschel I**105-17 The Quantitative Analysis of Distortions in a Simple General Equilibrium Model***by*Pettengill, John**119-28 Pigou, Taxation and Public Goods***by*Atkinson, Anthony B & Stern, N H**129-47 On the Application of Portfolio Theory to Depository Financial Intermediaries***by*Hart, Oliver D & Jaffee, Dwight M**149-50 The Existence of a Two-class Economy in the Kaldor and Pasinetti Models of Growth and Distribution***by*Maneschi, A**151-52 A New Stochastic Price Fluctuation Model: Comment***by*Clark, Peter K

### 1973, Volume 40, Issue 11

**39-46 On the Service Flow from Labour***by*Craine, Roger

### 1973, Volume 40, Issue 4

**437-48 Inefficiency and the Demand for "Money" in a Sequence Economy***by*Starrett, David A**449-61 On Transaction Costs, Inessential Sequence Economies and Money***by*Hahn, Frank H**463-73 Bilateral Trading, Processes, Pairwise Optimality, and Pareto Optimality***by*Feldman, Allan M**475-89 General Equilibrium with Taxes: A Computational Procedure and an Existence Proof***by*Shoven, John B & Whalley, John**491-505 Pay Dispersion, Information, and Returns to Search in a Professional Labour Market***by*Metcalf, David**507-15 The Economic Principles of Telephone Rates Under a Budgetary Constraint***by*Marchand, M G**517-28 Public Goods and the Technology of Consumption***by*Sandmo, Agnar**529-35 Exact Maximum Likelihood Estimation of a Regression Equation with a First-Order Moving-Average Error***by*Pesaran, M Hashem**537-52 Missing Data in Econometric Estimation***by*Drettakis, E G**553-60 A Probabilistic Model of Social Choice***by*Intriligator, Michael D**561-70 On the Effectiveness of Monetary Policy as a Stabilization Device***by*Hadjimichalakis, Michael G**571-78 Stein and Nagatani on Stabilization Policies in a Growing Economy***by*Mackay, Robert J**579-80 The Portfolio Balance Theory of the Expected Rate of Change of Prices: Comment***by*Scott, James H, Jr

### 1973, Volume 40, Issue 3

**305-19 Size Removes Inequity***by*Hildenbrand, Werner & Kirman, Alan P**321-31 On the Boundedness of an Economy with Externalities***by*Osana, Hiroaki**333-51 Monopoly and Competition in the Market for Durable Goods***by*Sieper, E & Swan, P L**353-66 A Duopoly Simulation and Richer Theory: An End to Cournot***by*Simon, Julian L & Puig, Carlos M & Aschoff, John**367-76 The Investment-Consumption Decision under Capital Rationing: An Efficient Set Analysis***by*Arditti, Fred D & Grinold, Richard C & Levy, Haim**377-90 A User Cost Approach to New Automobile Purchases***by*Wykoff, Frank C**391-401 On the Existence of a Consistent Course of Action when Tastes are Changing***by*Peleg, Bezalel & Yaari, Menahem E**403-10 The Internal Structure of Functional Relationships: Separability, Substitution and Aggregation***by*Berndt, Ernst R & Christensen, Laurits R**411-17 Efficient Estimation of the Reduced Form from Incomplete Econometric Models***by*Court, R H**419-25 Afriat and Revealed Preference Theory***by*Diewert, W E**427-33 On the Sensitivity of Stability Results to the Choice of the Numeraire***by*Mukherji, Anjan**435 A Non-cooperative Equilibrium for Supergames: A Correction***by*Friedman, James W

### 1973, Volume 40, Issue 2

**149-65 On the Efficiency of a Monetary Equilibrium***by*Grandmont, Jean-Michel & Younes, Yves**167-90 The Ordering of Portfolios in Terms of Mean and Variance***by*Chipman, John S**191-201 Systematic Job Search and Unemployment***by*Salop, S C**203-23 A Generalization of the Phillips Curve for a Developing Country***by*Modigliani, Franco & Tarantelli, Ezio**225-38 Applications of a Model of Endogenous Technical Change to US Industry Data***by*Rasmussen, Jon A**239-48 Consistent Intertemporal Decision Making***by*Blackorby, Charles, et al**249-58 Hicksian Stability and Walras' Law***by*Habibagahi, Hamid & Quirk, James**259-67 Adjustment Costs, Price and Wage Uncertainty, and Investment***by*Hartman, Richard**269-81 Delivery Lags and the Demand for Investment***by*Maccini, Louis J**283-92 The Market Price of Risk***by*Schilbred, Cornelius M**293-96 A Note on "The Ordering of Portfolios in Terms of Mean and Variance"***by*Klevorick, Alvin K**297-98 A Note on Fixed Factor Proportions and Net Saving Rates***by*Smith, M A M**299-303 Monetary and Fiscal Policy in a World of Capital Mobility: A Reply***by*Floyd, John E

### 1973, Volume 40, Issue 1

**1-33 Optimum Growth with Intertemporally Dependent Preferences***by*Ryder, Harl E, Jr & Heal, Geoffrey M**33-37 Some Implications of the Permanent-Income Hypothesis***by*Bowden, Roger J**47-60 Optimal Growth with Robust Feedback Control***by*Infante, Ettore F & Stein, Jerome L**61-77 Economic Growth and the Environment***by*d'Arge, R C & Kogiku, K C**79-95 Optimal Stabilization Policies for Deterministic and Stochastic Linear Economic Systems***by*Turnovsky, Stephen J**97-113 The Effect of Market Organization on Competitive Equilibrium: The Multi-Unit Case***by*Williams, Fred E**115-30 The Demand for Money: A General-Equilibirum Inventory-Theoretic Approach***by*Akerlof, George A**131-38 On Sufficient Conditions for Optimal Stabilization Policies***by*Aoki, Masanao**139-40 A Note on the Generalized Production Function***by*Pol, Jorge E F**141 Uncertainty and Indifference Curves-A Correction***by*Borch, Karl**143-44 The Effect of Demand on Prices in British Manufacturing Industry: Comment***by*Neild, R R**145-48 Quasi-Competitiveness and Cournot Oligopoly***by*Okuguchi, Koji

### 1972, Volume 39, Issue 4

**385-405 Prices for Individual Consumption, Quantity Indicators for Collective Consumption***by*Malinvaud, Edmond**407-21 Expected Utility and Continuity***by*Foldes, Lucien**423-32 A Paradox in the Theory of Optimal Stabilization***by*Preston, A J**433-41 A Solution to the Qualitative Substitution Problem in Demand Theory***by*Mosenson, Ran & Dror, Emmanuel**443-53 Wealth Effects on Consumption in a Modified Life- Cycle Model***by*Deaton, Angus S**455-60 Optimum Investment in Human Capital***by*Razin, Assaf**461-68 On Tobin's Multiperiod Portfolio Theorem***by*Stevens, Guy V G**469-86 On the Tautness of Plans***by*Keren, Michael**487-90 A Four-Flagged Lemma***by*Sertel, Murat R**491-94 On Differential Savings Propensities in Two-Class Growth Models***by*Britto, Ronald**495-99 The Stability of the Competitive System which Contains Gross Complementary Goods***by*Sato, Ryuzo**501-03 CES Production Functions a la Samuelson***by*Guha, Ashok**505-10 Some Notes on the Surrogate Production Function***by*McIntosh, James**511-13 A Note on "The Balance of Payments and the Terms of Trade in Relation to Financial Controls."***by*Berglas, Eitan & Razin, Assaf**515-19 Stabilization Policies in a Growing Economy: A Comment***by*Taylor, John B**521-22 A Dynamic Model of Firm Entry: Comment***by*Okuguchi, Koji**523-25 A Comment on Uncertainty and Household Decisions***by*Block, M K & Heineke, J M**527-30 A Comment on the General Theorem of the Second Best***by*Santoni, Gary J & Church, A

### 1972, Volume 39, Issue 3

**241-49 A Production Function for the Repairman Problem***by*Arrow, Kenneth J & Levhari, David & Sheshinski, Eytan**251-62 Monetary and Fiscal Policy in a World of Capital Mobility: A Respecification***by*Tower, Edward**263-79 The Distribution of Wealth after a Model of Wold and Whittle***by*Steindl, Josef**281-95 Demand for Consumer Durables: Stock Adjustment Models and Alternative Specifications of Stock Depletion***by*Williams, Ross A**297-302 The Optimal Linear Income-Tax***by*Sheshinski, Eytan**303-23 Resource Allocation in a Non-convex Economy***by*Moore, James C & Whinston, Andrew B & Wu, Joseph S**325-29 Private Wealth as an Obstacle to Pareto Optimality?***by*Whitaker, John K**331-54 Risk Aversion and Wealth Effects on Portfolios with Many Assets***by*Cass, David & Stiglitz, Joseph E**355-72 On the Role of Money and the Existence of a Monetary Equilibrium***by*Grandmont, Jean-Michel & Younes, Yves**373-83 Market Distortions and Gradual Reform***by*Bruno, Michael

### 1972, Volume 39, Issue 2

**117-45 Maximum Likelihood Estimation of Difference Equations with Moving Average Errors: A Simulation Study***by*Henry, D F & Trivedi, P K**147-58 Efficiency Prices in Infinite Dimensional Spaces: A Synthesis***by*Kurz, Mordecai & Majumdar, Mukul**159-69 On Optimal Consumption Plans in a Multi-sector Economy***by*Peleg, Bezalel & Ryder, Harl E, Jr**171-84 Optimum Development in a Dual Economy***by*Stern, Nicholas H**185-92 General Possibility Theorems for Group Decisions***by*Mas-Colell, Andreu & Sonnenschein, Hugo**193-203 On the Stability of Generalized Metzlerian Systems***by*Ohyama, Michihiro**205-12 A Model of Economic Growth with Induced Bias in Technical Progress***by*Chang, Winston W**213-19 Money and Growth in Open Economies***by*Allen, Polly Reynolds**221-30 A Note on the Problem of Aggregation***by*Pokropp, Fritz**231-34 Corporate Taxation and Dividend Behaviour: A further Comment***by*King, M A**235-40 Corporate Taxation and Dividend Behaviour: A Reply and Extension***by*Feldstein, Martin S

### 1972, Volume 39, Issue 1

**1-15 On Price Adjustment without an Auctioneer***by*Fisher, Franklin M**17-26 A Theory of Monopolistic Price Adjustment***by*Barro, Robert J**27-54 Trade Unions and the Rate of Change of Money Wages in United States Manufacturing Industry***by*Ashenfelter, Orley & Johnson, George E & Pencavel, John H**55-59 The Formulation of the Dependent Variable in the Wage Equation***by*Black, S W & Kelejian, H H**61-72 Wage Adjustment, Productivity and Price Change Expectations***by*Vanderkamp, John**73-76 Market Games with Indivisible Commodities and Non-convex Preferences***by*Henry, Claude**77-86 On the Distribution of Personal Incomes***by*Wesson, John**87-103 On Optimal Taxation and Public Production***by*Dasgupta, Partha & Stiglitz, Joseph E**105-11 On Producer Taxation***by*Mirrlees, James A**113-15 Liquidity Preference and Risk Aversion with an Exponential Utility Function***by*Glustoff, Errol & Nigro, Nic

### 1971, Volume 38, Issue 116

**385-400 Disequilibrium Dynamics of Competitive Growth Paths***by*Heller, Walter Perrin**401-14 Additive Utility Functions and Linear Engel Curves***by*Pollak, Robert A**415-34 Tax Policy, Corporate Saving and Investment Behaviour in Britain***by*Feldstein, Martin S & Flemming, J S**435-45 Simultaneous Estimation Methods for Large- and Medium-size Econometric Models***by*Maddala, G S**447-55 A General Equilibrium Model of the Term Structure Under Transaction Costs***by*Pye, Gordon**457-79 Equilibrium and Disequilibrium Growth with Money-the Tobin Models***by*Hadjimichalakis, Michael G**481-92 Weak Experimental Verification of the Expected Utility Hypothesis***by*Rosett, R N**493-502 Cournot Oligopoly and Competitive Behaviour***by*Ruffin, R J

### 1971, Volume 38, Issue 115

**273-80 An Investment Planning Process for an Economy with Increasing Returns***by*Aoki, Masahiko**281-94 Planning, Prices, and Increasing Returns***by*Heal, G M**295-306 Transitivity of Social Decisions under Some More General Group Decision Rules than the Method of Majority Decision***by*Batra, Raveendra N & Pattanaik, P K**307-17 Choice Functions and Revealed Preference***by*Sen, Amartya K**319-29 Uzawa's Preference Axioms***by*Gordon, E**331-39 Present Values Playing the Role of Efficiency Prices in the One-Good Growth Model***by*Cass, D & Yaari, M E**341-57 The Structure of the Asset Portfolios of Households***by*Uhler, R S & Cragg, John G**359-68 The Structure of the Cost of Capital under Uncertainty***by*Beja, A**369-76 A Maximum Sustainable Growth Rate for British Industrial Outputs***by*Barker, T S**377-80 Corporate Taxation and Dividend Behaviour-A Comment***by*King, M A**381-83 Counter-examples to an Assertion concerning the Normal Distribution and a New Stochastic Price Fluctuation Model***by*Agnew, R A**384 Correction to 'On Optimal Development in a Multi-Sector Economy'***by*Gale, David

### 1971, Volume 38, Issue 114

**133-50 A Tatonnement Process for Public Goods***by*Dreze, Jacques H & de la Vallee Poussin, D**151-74 Differential Taxation, Public Goods and Economic Efficiency***by*Stiglitz, Joseph E & Dasgupta, P**175-208 An Exploration in the Theory of Optimum Income Taxation***by*Mirrlees, James A**209-227 Capital Taxes, the Redistribution of Wealth and Individual Savings***by*Atkinson, A B**229-44 The Dynamic Effects of Fiscal Policy in an Economy With Foresight***by*Hall, Robert E**245-63 On the Theory of Foreign Exchange Reserve Requirements***by*Archibald, G C & Richmond, J**265-67 Majority Voting and Social Choice***by*Craven, J**269-70 On The Stability of Full Employment Equilibrium: Note***by*Frevert, P**271 The Pasinetti Paradox in Neoclassical and More General Models: A Correction***by*Vaughan, R N

### 1971, Volume 38, Issue 113

**1-12 A Non-cooperative Equilibrium for Supergames***by*Friedman, James W**13-22 An Exercise in the Theory of Heterogeneous Capital Accumulation***by*Caton, C & Shell, Karl**23-36 On the Existence and Optimality of Competitive Equilibrium for a Slave Economy***by*Bergstrom, T**37-44 The Existence and Persistence of Cycles in a Non-linear Model: Kaldor's 1940 Model Re-examined***by*Chang, W W & Smyth, David J**45-46 The Existence and Persistence of Cycles in a Non-linear Model: Kaldor's 1940 Model Re-examined: A Comment***by*Kaldor, Nicholas**47-62 The Stability of Kaldor's 1957 Model***by*Champernowne, D G**63-94 Production and Investment Response to Changing Market Conditions, Technical Know-how, and Government Policies***by*Cigno, Alessandro**95-103 Factor Substitution and Effective Tariff Rates***by*Grubel, Herbert G & Lloyd, P J**105-111 Optimal Trade Policies and Non-economic Objectives in Models Involving Imported Materials, Inter-Industry Flows and Non-traded Goods***by*Tan, Augustine H H**113 Note on 'The Structure of Utility Functions'***by*Vind, K**114 Apologia for a Lemma***by*Gorman, W M