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March 1972 - Volume 40 Issue 2


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Front Matter

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[Photograph]: Gerard Debreu, President of the Econometric Society, 1971; First Vice-President of the Econometric Society, 1970; Second Vice-President of the Econometric Society, 1969

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p.221


Lags in Economic Behavior
Marc Nerlove

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p.253


Finite State Space and Expected Utility Maximization
Bernt P. Stigum

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p.261


The Exact Finite Sample Properties of the Estimators of Coefficients in the Error Components Regression Models
P. A. V. B. Swamy
S. S. Arora

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p.277


Estimation of Term Premiums from Average Yield Differentials in the Term Structure of Interest Rates
Charles R. Nelson

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p.289


Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets
Roy Radner

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p.305


Asymptotic Covariance Matrix of Procedures for Linear Regression in the Presence of First-Order Autoregressive Disturbances
J. Phillip Cooper

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p.311


Sectoral Elasticities of Substitution Between Capital and Labor in a Developing Economy: Times Series Analysis in the Case of Postwar Chile
Jere R. Behrman

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p.327


Limiting Functional Forms for Market Demand Curves
James B. Ramsey

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p.343


An Investigation of the Consequences of Partial Aggregation of Micro-Economic Data
Edgar L. Feige
Harold W. Watts

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p.361


Demand and Supply Functions for Money in the United States: Theory and Measurement
William E. Gibson

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p.371


Assets, Contingent Commodities, and the Slutsky Equations
Stanley Fischer

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p.387


Notes and Comments: A Note on the Nonexistence of Optimal Price Vectors in the General Balanced-Growth Model of Gale
J. Hulsmann
V. Steinmetz

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p.391


Notes and Comments: A Note on the Nonexistence of Optimal Price Vectors in the General Balanced-Growth Model of Gale: Comment
David Gale

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p.393


Notes and Comments: A Comment on the Consistency of Estimating the Inventory Impact of Defense Orders
Edward M. Gramlich
Harvey Galper

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p.397


Notes and Comments: A Reply to "A Comment on the Consistency of Estimating the Inventory Impact of Defense Orders"
Maw Lin Lee

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p.401


Notes and Comments: The Effect of the Timing of Consumption Decisions and the Resolution of Lotteries on the Choice of Lotteries
Michael Spence
Richard Zeckhauser

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p.424


Accepted Manuscripts

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p.425


News Notes

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p.427


Unpublished Research Memoranda

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Back Matter

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