Table of contents
TESTS OF CARTTER'S WAGE‐PREFERENCE PATH
William K. BellingerOver the past decade, Allan Cartter's model of the utility maximizing union and the institutional principles upon which it is based have provided the basis for much of the…
ANTICIPATED AND UNANTICIPATED INCOME WITHIN THE CONSUMPTION FUNCTION: A RATIONAL EXPECTATIONS APPROACH
James E. PayneThe rational expectations‐permanent income hypothesis (REPIH) is nothing new. The initial REPIH of Hall (1978) suggested that no other variable observed in earlier periods, given…
OCCUPATIONAL MOBILITY IN A DYNAMIC ECONOMY: A NOTE
PAUL W. GRIMESThe process of occupational upgrading has received a significant amount of attention from labor economists in recent years. This is not surprising given that approximately ten…
UNCOVERED INTEREST ARBITRAGE, PURCHASING POWER PARITY AND RISK PREMIUMS ON FOREIGN EXCHANGE
Charlie G. TurnerThe research for this paper focuses on the implied expected exchange rates between the U.S. dollar and the Deutsche Mark. We use one year debt yield and one year inflation…
“HAS THE DARBY‐FELDSTEIN EFFECT BEEN CONFIRMED?:” A COMMENT
William GissyIn an earlier paper published in this journal, Michael Bond and Gerald Smolen (1986) set out to test for the presence of the Darby‐Feldstein effect. They regressed the nominal…
HAS THE DARBY‐FELDSTEIN EFFECT BEEN CONFIRMED?: REPLY
Michael T. Bond, Gerald E. SmolenWilliam Gissy (1987) is absolutely correct when he asserts that the existence of a complete inverted Fisher Effect renders our test for the Darby Effect a simple measure of tax…
ISSN:
1086-7376Online date, start – end:
1977Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Prof Niklas Wagner