# Elsevier

# Economics Letters

**Download restrictions:**Full text for ScienceDirect subscribers only

**Editor:**

Additional information is available for the following
registered editor(s): Eric S. Maskin
**For corrections or technical questions regarding this series, please contact
(Zhang, Lei)**

**Series handle:**repec:eee:ecolet

**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)

### 1984, Volume 16, Issue 3-4

**243-247 The impossibility of a non-discriminating liberal : A liberty paradox without the Pareto principle***by*Subramanian, S.**249-255 An example of a dominance approach to rational expectations***by*Bryant, John**257-263 Hedging and the competitive firm under price, output and quality uncertainties***by*Ishii, Yasunori**265-268 Increasing risk and consumption-saving decisions : Some comparative statics results***by*Vassilakis, Spyros**269-271 Cross-country demand systems and centrally planned economies***by*Podkaminer, Leon & Finke, Renate & Theil, Henri**273-278 Recursive competitive equilibrium : A parametric example***by*Mehra, Rajnish**279-283 Omitted variables in a weibull regression model***by*Brannas, Kurt**285-291 Estimation of the correlation coefficient in a bivariate probit model using the method of moments***by*Greene, William H.**293-296 A class of almost unbiased and efficient estimators of regression coefficients***by*Kadiyala, Krishna**297-302 A joint test for serial correlation and heteroscedasticity***by*King, Maxwell L. & Evans, Merran A.**303-308 Coefficient values and the dynamic properties of econometric models***by*Schoonbeek, Lambert**309-313 Significance tests in the presence of model uncertainty and specification search***by*Stewart, Mark B.**315-319 Predicting the change in the cost of living***by*Lu, Wen-he & Finke, Renate**321-326 Generalization of M(x)-matrices : Application to mathematical economics and econometrics***by*Ronner, Arjen E. & Sterken, Elmer**327-330 Risk aversion and weekly money : Does the market expect the Fed to offset large increase in M1?***by*Belongia, Michael T. & Kolb, Fredric**331-337 On the relationship between Macaulay's bond duration and the term to maturity***by*Hawawini, Gabriel**339-344 A closed loop analysis of competitive innovation***by*Justman, Moshe & Mehrez, Abraham**345-350 The impact of concentration and elasticity on line of business profitability***by*Long, William F. & Ravenscraft, David J.**351-356 Monopoly regulation, quality choice and welfare : The open economy case***by*Donnenfeld, Shabtai & Weber, Shlomo**357-362 Input market surplus : The case of imperfect competition***by*Quirmbach, Herman C.**363-367 The effect of ownership on market value and risk of R&D intensive firms***by*Ben-Zion, Uri & Kim, Moshe**369-374 Factor intensity rankings in U.S. production***by*Solow, John L. & Johnson, Deborah A.**375-380 The importance of the measure of health in empirical estimates of the labor supply of older men***by*Anderson, Kathryn H. & Burkhauser, Richard V.**381-385 The hazard rate from unemployment when the search environment is characterised by a decreasing probability of offer***by*Alaouze, Chris M.**387-392 Price and income elasticities of demand for hospital care free of quality bias***by*Atri, Said & Lahiri, Kajal**393-399 The implicit valuation of risks to life : A comparative analysis***by*Smith, V. Kerry & Gilbert, Carol C. S.

### 1984, Volume 16, Issue 1-2

**1-6 Rotating credit collusion in repeated auctions with a single buyer and several sellers***by*Chew, Soo Hong & Mao, Mei Hui & Reynolds, Stanley S.**7-13 Budget share transitions in the Netherlands, 1952-1977***by*Finke, Renate & Theil, Henri**15-21 Generalizing the composite commodity theorem***by*Yatchew, Adonis John**23-25 A reformulation of Chichilnisky's impossibility theorem***by*Baigent, Nick**27-30 On increasing risk in incomplete markets***by*Bester, Helmut**31-36 Participation constraints in the vickrey auction***by*Green, Jerry & Laffont, Jean-Jacques**37-44 On alternative methods of generating risk sensitive decision rules***by*Hughes Hallett, A. J.**45-51 Moral hazard with a finite number of states***by*Singh, Nirvikar**53-57 Sequential search without reservation price***by*Veendorp, E. C. H.**59-62 How trustworthy are the standard errors of translog coefficients?***by*Flood, Lennart R. & Rosalsky, Mercedes C.**63-69 Testing for linear and log-linear regressions with heteroscedasticity***by*Tse, Y. K.**71-75 Modeling a competitive industry with entry : Implications for demand and supply analysis***by*Veloce, William & Zellner, Arnold**77-82 Some simple but flexible differential consumer demand systems***by*Keller, Wouter J.**83-91 A simple way of determining the supply side in macroeconomic models***by*Knoester, Anthonie & van Sinderen, Jarig**93-97 Duality in fixed point theory of multivalued mappings : Some applications in economics***by*Mehta, Ghanshyam**99-103 The policy evaluation problem and the demand for money***by*Kohn, Meir & Manchester, Joyce M.**105-111 Measuring the opportunity cost of holding money : More evidence on the term structure of interest rates***by*Allen, Stuart D. & Hafer, R. W.**113-118 Social classes and state behavior : An illustrative application to the U.S. economy of the interest function approach to politico-economic modelling***by*van Velthoven, Ben & van Winden, Frans**119-122 The identical country assumption and CPI inflation adjustment processes in a two-country world under flexible exchange rate regime***by*Aoki, Masanao**123-127 Oil news and the petropound : Some tests***by*Copeland, Laurence S.**129-136 On the valuation of currency options and exchange rate insurance programs***by*Eldor, Rafael**137-144 Term structure variance bounds and time varying liquidity premia***by*Amsler, Christine**145-150 On the effects of differentiated income taxation on portfolio selection***by*Koskela, Erkki**151-157 On the consistency of consistent conjectures***by*Salant, David J.**159-163 The over-capitalization effect with diversification and cross subsidization***by*Rozek, Richard P.**165-170 Optimal R&D levels when firm j benefits from firm i's inventive activity***by*Hartwick, John M.**171-175 Estimates of the generalized working model***by*Smith, Murray D. & Clements, Kenneth W.**177-184 Migration, unemployment and development : A dynamic two-sector analysis***by*Gupta, Manash Ranjan**185-189 Distributional effects of true economic indexes***by*Van Hoa, Tran**191-196 Another perspective on changes in international inequality from 1950 to 1980***by*Ram, Rati

### 1984, Volume 15, Issue 3-4

**197-202 On approximate cores of non-convex economies***by*Grodal, Birgit & Trockel, Walter & Weber, Shlomo**203-207 Household formation and the failure of intergenerational resource allocation***by*Kanaya, Sadao**209-212 On the frequency of the transfer paradox***by*Safra, Zvi**213-217 Price setting supergame with different costs***by*Bae, Hyung**219-221 Utility measurement : A direct proof of Lange's conjecture***by*Basu, Kaushik**223-228 The behavior of the cost of living at different levels of real income***by*Finke, Renate & Lu, Wen-he**229-233 An extended version of minimum information estimation of allocation models***by*Finke, Renate & Theil, Henri**235-240 Chaotic price behavior in a non-linear cobweb model***by*Jensen, Roderick V. & Urban, Robin**241-243 An observation on gross substitutability and the weak axiom of revealed preference***by*Kehoe, T. & Mas-Colell, A.**245-250 A time series analysis of a demand system based on cross-country coefficient estimates***by*Theil, Henri & Finke, Renate**251-256 Minimum information estimation of allocation models***by*Theil, Henri & Finke, Renate & Flood, Lennart R.**257-263 More on symmetry-constrained estimation***by*Theil, Henri & Rosalsky, Mercedes C.**265-270 On the consistency of Kelly's principle of liberalism***by*Subramanian, S.**271-276 A comment on two concepts of risk premia and certainty equivalents***by*Pope, Rulon D.**277-282 Moral hazard : Economic meaning of the conditions justifying the first-order approach***by*Singh, Nirvikar**283-287 A welfare analysis of convergence to rational expectations***by*Grout, Paul**289-293 Declining productivity revisited : Secular trends or cyclical losses?***by*Allen, Stuart D. & Link, Albert N.**295-300 On double k-class estimators of coefficients in linear regression***by*Menjoge, Shailendra S.**301-307 A note on estimating and testing exogenous variable coefficient estimators in simultaneous equation models***by*Phillips, G. D. A. & Harvey, A. C.**309-313 A generalization of the 'maximum theorem'***by*Leininger, Wolfgang**315-324 Theory and practice in optimal aggregation of linear models : Application of W.D. Fisher's method to input-output models***by*Laisney, F.**325-330 Protection and the harmful effects of endogenous capital flows***by*Jones, Ronald W.**331-336 Estimating invisible trade on aggregate time-series data in the presence of large measurement errors***by*Markowski, Aleksander**337-343 Monetary policy and exchange rate stability in open economies***by*Adam, Christopher M.**345-349 Residential demand for liquid petroleum gas***by*Garbacz, Christopher**351-356 Some microeconomic evidence concerning the determinants of saving through private pension funds in the U.S***by*David Cummins, J. & Francois Outreville, J.**357-362 Demand aggregation and integrability of the HOGLEX demand function***by*Jerison, David & Jerison, Michael**363-368 A note on the calculation and interpretation of the Gini index***by*Lerman, Robert I. & Yitzhaki, Shlomo**369-375 A measure of income inequality in the U.S. for the years 1952-1980 based on the beta distribution of the second kind***by*Slottje, Daniel J.**377-384 On the capitalization of land improvement projects***by*Pines, David

### 1984, Volume 15, Issue 1-2

**1-4 Frich's conjecture and the own-price elasticity of the demand for food***by*Clements, Kenneth W. & Finke, Renate & Theil, Henri**5-11 More on goodness of fit of allocation models***by*Fiebig, Denzil G. & Finke, Renate & Theil, Henri**13-19 Maximum likelihood and instrumental variable estimation of a consumer demand system for Japan and Sweden***by*Finke, Renate & Flood, Lennart R. & Theil, Henri**21-27 An evaluation of alternative demand systems by means of implied income elasticities***by*Flood, Lennart R. & Finke, Renate & Theil, Henri**29-34 Constant elasticity of substitution production functions with three or more inputs : An approximation procedure***by*Yohe, Gary**35-40 Stability of a discrete-time, macroeconomic disequilibrium model***by*Kaper, B.**41-45 The Cagan schedule in an overlapping generations setting***by*Kingston, Geoffrey H.**47-51 Societal opposition on ethical grounds and the liberal paradox***by*Gaertner, Wulf**53-57 On the inconsistency of a non-pairwise version of the libertarian principle***by*Gekker, Ruvin**59-64 Acceptable mean-variance indifference curves***by*Ashton, D. J.**65-72 On the desirability of an income stabilisation scheme***by*Fraser, R. W.**73-78 Risk and linear-quadratic stabilization***by*van der Ploeg, F.**79-85 The real effects of price variability in the Federal Republic of Germany, 1953-1977***by*Buck, Andrew J. & Gahlen, Bernhard**87-90 Second moments of consumption components and unexpected inflation***by*Ratti, Ronald A. & Park, Jang Hwan**91-96 Testing linear restrictions on non-linear models***by*Sawyer, K. R. & Rosalsky, M. C.**97-102 Mobility and wages***by*Weiss, Andrew M. & Landau, Henry**103-108 The monetary impact of universal reserve requirements under alternative operating targets***by*Kopecky, Kenneth J.**109-113 The pound sterling/US dollar exchange rate and the 'new'***by*Copeland, Laurence S.**115-120 Official Japanese intervention in foreign exchange markets : Leaning against the wind?***by*Hutchison, Michael M.**121-126 A peculiar example of temporal price discrimination***by*Conlisk, John**127-131 Market price and the stability of cartels***by*Rothschild, R.**133-137 Consistent conjectures in utility-maximizing firms with constant marginal cost***by*Shaffer, Sherill**139-144 Price-cost margins and imports in an oligopolistic market***by*Urata, Shujiro**145-152 On measuring concentration and diversification***by*Clarke, Roger & Davies, Stephen W.**153-156 Technical change, the rate of profit and joint production***by*Woods, J. E.**157-163 Underemployment and normal leisure***by*Brown, Murray & Wolfstetter, Elmar**165-168 Wage rigidities, unemployment compensations and Pareto optimality***by*Greenberg, Joseph**169-173 Total utility, overlapping generations and social security***by*Gigliotti, Gary Anthony**175-180 Normative indices for measuring social mobility***by*Chakravarty, S. R.**181-187 Direct tests of the life-cycle hypothesis using systems of generalized integrable consumption functions***by*Van Hoa, Tran**189-193 On the effects of minimum-lot-size zoning***by*Bucovetsky, S.

### 1984, Volume 14, Issue 4

**297-301 Bootstrapping for standard errors of instrumental variable estimates***by*Finke, Renate & Theil, Henri**303-308 Estimating compensating and equivalent income variations from hedonic price models***by*Horowitz, Joel L.**309-313 Group incentive compatibility in a market with indivisible goods***by*Bird, Charles G.**315-319 Flight insurance pricing and the theory of choice***by*Karni, Edi**321-325 Timing of decisions and the competitive firm under input price uncertainty***by*Sikdar, Soumyen**327-332 Testing for linear Engel curves : An application of NLES to cross-country data***by*Kasekende, Louis & Ray, Ranjan**333-337 Testing linear and log-linear regressions with autocorrelated errors***by*Tse, Y. K.**339-343 Instrumental variables regressions involving seasonal data***by*Giles, David E. A.**345-350 Linear aggregation of vector autoregressive moving average processes***by*Lutkepohl, Helmut**351-356 The properties of some covariance matrix estimators in linear models with AR(1) errors***by*Miyazaki, Shigetaka & Griffiths, William E.**357-361 Iterative aggregation : Convergence rate***by*Seneta, E.**363-368 Price dynamics in an input-output model : An alternative approach***by*Morciano, Michele**369-376 Testing for 'news' in foreign exchange markets***by*Rose, Andrew K.**377-382 The statistical significance of a change in concentration***by*Daskin, Alan J.**383-388 Competitive, monopolistic and efficient utilization of an exhaustible resource in the presence of habit-formation effects and stock dependent costs***by*Gross, M. & Lieber, Z.**389-395 Net liquid assets and net illiquid assets in the consumption function : Some evidence for the United Kingdom***by*Patterson, K. D.

### 1984, Volume 14, Issue 2-3

**101-106 A second note on the core of the overlapping generations model***by*Kovenock, Dan**107-109 Problems with average cost pricing in the presence of set-up costs***by*Roberts, John**111-116 A limit theorem on the core with differential information***by*Srivastava, Sanjay**117-122 A note on aggregation of Fechner-Thurstone direct utility functions***by*Basmann, R. L. & Molina, D. J. & Slottje, D. J.**123-130 Non-causalities and time inconsistency in dynamic non-cooperative games : The problem revisited***by*Brandsma, Andries S. & Hughes Hallett, A. J.**131-136 On the existence of local nash equilibrium with price and quality competition***by*Bucovetsky, S.**137-142 A cross-country tabulation of own-price elasticities of demand***by*Finke, Renate & Lu, Wen-He & Theil, Henri**143-148 On final choice functions***by*Kim, Jin Bai**149-153 On a market demand function satisfying the weak but not the strong axiom of revealed preference***by*Lenninghaus, Jurgen**155-162 Chaos, Naivete, and consistent conjectures***by*Shaffer, Sherrill**163-165 Maximal elements for non-transitive binary relations***by*Mehta, Ghanshyam**167-172 Sufficient conditions for a sufficient statistic theorem***by*Haller, Hans**173-178 Comparing stochastic price regimes : The limitations of expected surplus measures***by*Helms, L. Jay**179-185 Finite-sample power of tests for autocorrelation in models containing lagged dependent variables***by*Inder, B. A.**187-193 Regime classifications in the disequilibrium market models***by*Lee, Lung-Fei**195-200 The likelihood function and a test for serial correlation in a disequilibrium market model***by*Lee, Lung-Fei**201-206 A method of moments interpretation of sequential estimators***by*Newey, Whitney K.**207-211 The downward bias of asymptotic standard errors of maximum likelihood estimates of non-linear systems***by*Rosalsky, Mercedes C. & Finke, Renate & Theil, Henri**213-220 A note on likelihood ratio tests of functional form and structural change in demand systems***by*Wales, T. J.**221-228 Testing hypotheses on the unidentifiable structural parameters in the classical 'errors-in-variables' model with application to Friedman's permanent income model***by*Willassen, Yngve**229-233 Autocorrelation and the sensitivity of reset***by*Porter, Richard D. & Kashyap, Anil K.**235-239 A dynamic generalisation of the almost ideal demand system***by*Ray, Ranjan**241-244 Variability of the Japanese money stock : Links to the U.S. and the October 1979 policy change***by*Belongia, Michael T.**245-250 Public intermediate inputs, property values, and allocative efficiency***by*Brueckner, Jan K. & Wingler, Thomas L.**251-257 Policy impacts on the open economy in different unemployment regimes***by*Felmingham, B. S.**259-262 A note of the theory of international transfers***by*Kemp, Murray C.**263-267 Assessing the profitability effects of airline deregulation***by*Spiller, Pablo T.**269-274 A classification of second-order technical progress operators***by*Scheraga, Joel D.**275-281 Unemployment insurance meets the classical labor supply model***by*Fortin, Pierre**283-287 On indices of relative deprivation***by*Chakravarty, S. R. & Chakraborty, A. B.**289-293 Testing the stability of the hall consumption function specification***by*Koskela, Erkki & Viren, Matti

### 1984, Volume 14, Issue 1

**1-8 The neutrality of systematic monetary policy in models with a disequilibrium price level***by*Nickerson, David**9-15 Unidimensional median voter results in probabilistic voting models***by*Coughlin, Peter J.**17-22 Interest rates and the fisher effect in India : An empirical study***by*Paul, M. Thomas**23-30 On the consequences of trend for simultaneous equation estimation***by*Kramer, Walter**31-35 A note on the Wald, LR and LM tests and misspecification***by*Ohtani, Kazuhiro**37-41 Bank credit and debt, income, and causality : The Sims test on measures of credit***by*Smith, Kenneth L.**43-52 Distribution of a generalized t ratio for biased estimators***by*Vinod, H. D.**53-59 Non-linearities in applied general equilibrium models***by*Bovenberg, A. L. & Keller, W. J.**61-65 Club optimality : Further Clarifications***by*Sandler, Todd**67-72 Dynamic stability in a model of dual exchange rates***by*Gardner, Grant W.**73-79 On the relationship between the New York closing spot U.S.$[+45 degree rule]$A exchange rate and the Reserve Bank of Australia's official rate***by*Hogan, W. P. & Sharpe, I. G.**81-85 Firm size and the incentive to differentiate***by*Shaffer, Sherrill**87-91 Downward bias in a new measure of wage discrimination***by*Hojman, David E.**93-100 The permanent income hypothesis and the real interest rate : Some evidence from panel data***by*Shapiro, Matthew D.

### 1983, Volume 13, Issue 4

**297-302 The rate of return regulated version of Shephard's lemma***by*Fare, Rolf & Logan, James**303-307 Goodness of fit and outliers in cross-country demand systems***by*Finke, Renate**309-317 The effect of size on prices***by*Luis Guasch, J. & Marshall, Robert C.**319-323 The incentive implications of incomplete insurance : The multiplicative case***by*Ito, Takatoshi & Machina, Mark J.**325-330 Multi-agent control in perfectly correlated environments***by*Sappington, David & Demski, Joel S.**331-336 Capital accumulation with a finite decision horizon***by*Leach, John**337-341 A note on the econometric use of constant dollar inventory series***by*West, Kenneth D.**343-349 Estimation in censored samples when there is heteroskedasticity***by*Dooley, Martin D.**351-356 Reserve requirements and control of a broad monetary aggregate***by*Froyen, Richard T. & Kopecky, Kenneth J.**357-360 The distance from the equator as an instrumental variable***by*Theil, Henri & Finke, Renate**361-366 A note on the underestimation and overestimation in stochastic input-output models***by*Lahiri, Sajal**367-372 The formation of expectations : Some evidence from weekly money supply forecasts***by*Hafer, R. W.**373-378 Exports as a signal of quality : A new approach to dumping***by*Ben-Zion, Uri & Donnenfeld, Shabtai**379-383 Determinants of R&D in an LDC : The Indian engineering industry***by*Lall, Sanjaya**385-392 Human capital and the time-profile of human fertility***by*Cigno, Alessandro**393-396 Errors in variables and reverse regression in the measurement of wage discrimination***by*Solon, Gary

### 1983, Volume 13, Issue 2-3

**105-111 The two perils of symmetry-constrained estimation of demand systems***by*Fiebig, Denzil G. & Theil, Henri**113-116 Rational choice and gain functions derived from a fuzzy relation***by*Kim, Jin Bai & Kymn, Kern O.**117-121 A note on the interaction between buyers and sellers***by*Wolinsky, Asher**123-128 Relative vs. absolute price rigidity***by*Andersen, Torben M.**129-136 Marginal welfare measures for discrete choice models***by*Hanemann, W. Michael**137-140 The number of weak orders : A comment***by*Elbers, Chris