Review of Economics and Statistics
1954 1957 1958 1961 1965 1969 1972 1973 1975 1976 1978 1979 1982 1986 1990 1991 1992 1996 1998 1999 2004
Опубликовано на портале: 22-09-2003Daniel T. Slesnick Review of Economics and Statistics. 1992. Vol. Vol. 74, . No. 4. . P. pp. 585-597..
Two commonly used sources of aggregate expenditure data are personal consumption expenditures in the National Income and Product Accounts and the Consumer Expenditure Surveys administered by the Bureau of Labor Statistics. We adjust both data sources to incorporate the service flows from owner-occupied housing and other consumer durables. A comparison of the two estimates of aggregate expenditure reveals that the differences between the two data sets have been growing over time. By 1989 the level of aggregate expenditure in the national accounts exceeds that reported in the Consumer Expenditure Surveys by $1224 billions. Less than half of this difference can be attributed to definitional differences in the two data sources.
Опубликовано на портале: 19-03-2003Kenneth Joseph Arrow, Hollis B. Chenery, Bagicha S. Minhas, Robert M. Solow Review of Economics and Statistics. 1961. Vol. 43. No. 3. P. 225-50.
Обсуждаются следующие темы: чистая теория производства, функциональное распределение дохода, технический прогресс, источники международных конкурентных преимуществ. Анализируются эластичность замещения между трудом и капиталом в обрабатывающей промышленности; производственные функции различного типа.
Опубликовано на портале: 12-05-2004William G. Shepherd Review of Economics and Statistics. 1982. Vol. 64. No. 4. P. 613-626.
Examines the sources of increased competition in the United States (U.S.) between 1939 to 1980. In this paper authors consider the review of related literature, trends and patterns of competitive structure in the U.S. economy, influence of antirust actions on competition.
Educational Expansion and Schooling Inequality: International Evidence and Some Implications [статья]
Опубликовано на портале: 22-09-2003Rati Ram Review of Economics and Statistics. 1990. Vol. Vol. 72. No. 2. . P. pp. 266-274.
Fairly recent data for about 100 countries indicate that as the average level of schooling increases, educational inequality first increases, and, after reaching a peak, starts declining in later phases of educational expansion. The turning point occurs when average schooling is about seven years. The observed empirical generalization, which seems quite robust, appears to have important implications for educational and distributional policies and for research on the linkage between education and income inequality.
Опубликовано на портале: 11-11-2004Mark Peter Taylor, Ronald MacDonald Review of Economics and Statistics. 1991. Vol. 73. No. 3. P. 553-558.
In this paper we use a recently developed multivariate cointegration technique to analyze the degree of policy convergence of EMS member relative to that of some non-EMS countries. Interestingly, we find convergence for the nominal and real exchange rates and money supplies of the EMS members but not for the non-EMS countries. We also provide some evidence to support the "German leadership hypothesis" in the context of intra-EMS monetary policy convergence, which accords with anecdotal evidence on the modus operandi of the EMS.
Firm Size and the Nature of Innovation within Industries: The Case of Process and Product R&D [статья]
Опубликовано на портале: 12-07-2007Wesley Marc Cohen, Steven Klepper Review of Economics and Statistics. 1996. Vol. 78. No. 2. P. 232-43.
The effect of firm size on the allocation of R&D effort between process and product innovation is examined. It is hypothesized that, relative to product innovations, process innovations are less saleable in disembodied form and spawn less growth. This implies that the returns to process R&D will depend more on the firm's output at the time it conducts its R&D than the returns to product R&D. Incorporating this distinction in a simple model, the authors derive and test predictions about how the fraction of R&D devoted to process innovation varies with firm size within industries.
Опубликовано на портале: 22-09-2004Paul Anthony Samuelson Review of Economics and Statistics. 1969. Vol. 51. No. 3. P. 239-246.
Presents a study which aimed to formulate and solve a generalization, corresponding to lifetime planning of consumption and investment decisions. Basic assumptions of the study; Consideration of Bernoulli and Isoelastic cases; Conclusions (EBSCO).
Опубликовано на портале: 12-05-2004James K. Galbraith Review of Economics and Statistics. 1957. Vol. 39. No. 2. P. 124-133.
Although such generalizations must always be made with cautions, differences in market structure - differing degrees of monopoly and competitiveness - have not usually been thought of central importance in their bearing on general price movement. It has been customary to assume broad homogeneity of product markets - the labour market is ordinarly treated as a special case - and the particular assumption have not be considered decisive for the analysis. Certainly in the Keynesian tradition market structures have been assigned a secondary role as compared with the aggregative relations of demand to the level of employment and the current capacity of the economy.
Опубликовано на портале: 19-10-2004Lawrence J. Christiano, Martin Stewart Eichenbaum, Charles L. Evans Review of Economics and Statistics. 1998. Vol. 78. No. 1. P. 16-34.
This paper reviews recent research that grapples with the question: What happens after an exogenous shock to monetary policy? We argue that this question is interesting because it lies at the center of a particular approach to assessing the empirical plausibility of structural economic models that can be used to think about systematic changes in monetary policy institutions and rules. The literature has not yet converged on a particular set of assumptions for identifying the effects of an exogenous shock to monetary policy. Nevertheless, there is considerable agreement about the qualitative effects of a monetary policy shock in the sense that inference is robust across a large subset of the identification schemes that have been considered in the literature. We document the nature of this agreement as it pertains to key economic aggregates.
Опубликовано на портале: 19-03-2003Jack Jonston Review of Economics and Statistics. 1958. Vol. 40. No. 4. P. 339-50.
Обсуждаются критические замечания, высказывавшиеся в отношении утверждений о зависимости между выпуском продукции и затратами на ее производство. Разбор проведен на основе статистического анализа реальных данных (как в кратко-, так и в долгосрочном периоде).
Опубликовано на портале: 31-03-2003Robert M. Solow Review of Economics and Statistics. 1957. Vol. 39. No. 3. P. 312-320.
В статье производится анализ агрегированной производственной функции, вводится аппарат, позволяющий различать движение вдоль такой функции от ее сдвигов. На основании сделанных в статье предположений делаются выводы о характере технического прогресса и технологических изменений. Существенное внимание уделяется вариантам применения концепции агрегированной производственной функции.
Опубликовано на портале: 13-05-2004Paul Anthony Samuelson Review of Economics and Statistics. 1954. Vol. 36. No. 4. P. 387-389.
Классическая работа лаурета Нобелевской премии по экономике Пола Самуэльсона, заложившая основу современной теории общественных благ. В статье формулируются условия выбора оптимального объема предоставления общественного блага, ныне присутствующие в любом учебнике микроэкономики и экономики общественного сектора.
The valuation of risk assets and the selection of risky investments in stock portfolios and capital budgets [статья]
Опубликовано на портале: 31-03-2003John Lintner Review of Economics and Statistics. 1965. Vol. 47. No. 1. P. 13-37.
Доступен в JStore.
Опубликовано на портале: 31-08-2003Laurits R. Christensen, Dale W Jorgenson, Lawrence J. Lau Review of Economics and Statistics. 1973. Vol. 55. No. 1. P. 28-45.
Focuses on additive and homogeneous production possibility frontiers that have played an important role in formulating statistical tests of the theory of production. Characterization of the class of production possibility frontiers that are homogenous and additive; Representation of the production possibility frontier; Statistical tests of the theory of production. (Из Ebsco)
Опубликовано на портале: 08-12-2003David A. Kodde Review of Economics and Statistics. 1986. Vol. 68. No. 3. P. 460-467.
The impact of uncertainty in future income on the demand for education from both theoretical and empirical points of view is analyzed. Theoretical results deviate substantially from their counterparts in models of human capital formation with certain future income. The theory is tested with a sample of high school graduates that contains data on subjective expectations. Empirical evidence from binomial logit analysis does not entirely support the behavioral implications of the theoretical model.