Excess Demand, Unemployment, Vacancies, and WagesHansen,, Bent
doi: 10.2307/1879397pmid: N/A
Abstract I. A neoclassical macro theory for money wage changes, 2. — II. Neoclassical wage theory with spontaneous wage change and additional wage determinants, 3 — III. Vacancies and unemployment and excess demand, 5. — IV. The derivation of the Phillips relation, 8. — V. The form of the Phillips relation, 11. — VI. The cyclical characteristics of unemployment and vacancies, 17. — VII. Vacancies, unemployment, and equilibrium, 21. * This paper is based on some lecture notes which I wrote for my course in advanced macroeconomics at the University of California at Berkeley, Fall Quarter, 1967. In its present form it owes much to critical remarks and positive suggestions by Sara Behman and Robert Aaron Gordon. All responsibility remains, of course, with me. This content is only available as a PDF.
Growth Strategies in Semi-Industrial CountriesBalassa,, Bela
doi: 10.2307/1879398pmid: N/A
Abstract I. Inward- and outward-looking strategies of industrial development, 24. — II. Effects on the allocation of resources, 28. — III. Large-scale economies and technological change, 32. — IV. Effects on foreign trade, 38. — V. Effects on economic growth, 43. — VI. Conclusion, 44. * Research on this paper was carried out as part of a consultant arrangement with the World Bank; it should not, however, be taken to represent the Bank's views. The author is indebted to Helen Hughes, Donald Keesing, Boris Pesek, Daniel Schydlowsky, and Paul Streeten for helpful suggestions on an earlier draft of the paper. Comments received on the occasion of lectures on the topic at the Karl Marx University of Economic Science in Budapest, and at Columbia and Stanford Universities are also gratefully acknowledged. This content is only available as a PDF.
The Role of Demand and Investment in Long-Term GrowthCornwall,, John
doi: 10.2307/1879399pmid: N/A
Abstract I. Introduction, 48. — II. Two alternative interpretations of the stylized facts, 49. — III. The influence of supply on demand, 53. — IV. The influence of demand on supply, 56. — V. Growth and transformation, 60. —VI. Say's law in reverse, 65. — VII. Summary, 68. * I wish to thank Professors Robert C. Anderson, Ronald Britto, James Duesenberry, Robert Hartman, Daniel Ounjian, and Eric Toder for helpful suggestions. This content is only available as a PDF.
Poverty, Education, and Unbalanced Economic GrowthAlbin, Peter, S.
doi: 10.2307/1879400pmid: N/A
Abstract The economic setting, 71. — The human capital model, 73. — Factors inhibiting human capital development, 79. — Secular trends in the parameters, 80. — Conclusions, 83. * The author is indebted to William Baumol, A. B. Atkinson, the editor, and a referee for helpful comments. Many kindnesses were extended by the University of Cambridge in the course of this research, which was also supported by grants from Resources for the Future Incorporated and the Public Assistance Project of the Institute of Labor Relations at New York University. This content is only available as a PDF.
A Note on Marshallian Process Under Increasing ReturnsAoki,, Masahiko
doi: 10.2307/1879402pmid: N/A
Abstract I. Introduction, 100. — II. External economies of scale, 102. — III. Proofs of the theorems, 108. — IV. Social planning, 110. * The research was partly supported by the NSF grant GS-1440 to the Institute for Mathematical Studies in the Social Sciences at Stanford University and by the Harvard Economic Research Project. This research was first inspired by J. S. Chipman, to whom I am very grateful. I owe a great debt to K. J. Arrow, K. Inada, and J. Kornai for valuable comments and suggestions. This content is only available as a PDF.
Economics of Information and Job SearchMcCall, J., J.
doi: 10.2307/1879403pmid: N/A
Abstract I. Introduction, 113. — II. A simple model of job search, 115. — III. A more general model of job search, 123. — IV. An adaptive search model, 125. * The research reported here was performed under contract with the Office of Economic Opportunity, Executive Office of the President, Washington, D. C, 20506. The opinions expressed here are those of the author and should not be construed as representing the opinions or policy of any agency of the United States government. The author is indebted to Bennett Fox, Marvin Kosters, and Anthony Pascal for their valuable suggestions and advice. This content is only available as a PDF.
On Embodiment and SavingsAtkinson, A., B.
doi: 10.2307/1879404pmid: N/A
Abstract I. Introduction, 127. — II. The “clay-clay” model, 128. — III. The “putty-putty” model, 129. — IV. Conclusions, 132. * I am grateful to Professors F. H. Hahn, J. A. Mirrlees, and J. E. Stiglitz for their comments on an earlier draft. Since this note was submitted for publication, a further note by F. M. Fisher, D. Levhari. and E. Sheshinski has appeared (this Journal, LXXXIII, May 1969, 347–48), making some of the points contained here. I have, however, left the note in its original form. This content is only available as a PDF.