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May 1987 - Volume 55 Issue 3


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Front Matter

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[Photograph]: Michael Bruno, President of the Econometric Society, 1986; First Vice-President of the Econometric Society, 1985; Second Vice-President of the Econometric Society, 1984

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p.491


Money and Interest in a Cash-in-Advance Economy
Robert E. Lucas, Jr.
Nancy L. Stokey

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p.515


Engel Curves Leading to the Weak Axiom in the Aggregate
Xavier Freixas
Andreu Mas-Colell

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p.533


A Life-Cycle Consumption Model with Liquidity Constraints: Theory and Empirical Results
Randall P. Mariger

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p.559


Efficiency Bounds for Distribution-Free Estimators of the Binary Choice and the Censored Regression Models
Stephen R. Cosslett

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p.587


The Role of Conditioning Information in Deducing Testable Restrictions Implied by Dynamic Asset Pricing Models
Lars Peter Hansen
Scott F. Richard

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p.615


Dissolving a Partnership Efficiently
Peter Cramton
Robert Gibbons
Paul Klemperer

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p.633


Comparing Auctions for Risk Averse Buyers: A Buyer's Point of View
Steven Matthews

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p.647


Equilibrium Selection in Signaling Games
Jeffrey S. Banks
Joel Sobel

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p.663


Signalling with Many Signals
Maxim Engers

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p.675


"Preference Reversal" and the Observability of Preferences by Experimental Methods
Edi Karni
Zvi Safra

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p.687


Notes and Comments: Revealed Preferences and Differentiable Demand
Pierre-Andre Chiappori
Jean-Charles Rochet

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p.693


Notes and Comments: The Power of Nonparametric Tests of Preference Maximization
Stephen G. Bronars

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p.699


Notes and Comments: A Comparison of Two Consistent Estimators in the Choice-Based Sampling Qualitative Response Model
Takeshi Amemiya
Quang H. Vuong

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p.703


Notes and Comments: A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
Whitney K. Newey
Kenneth D. West

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p.709


1988 Australasian Meetings of the Econometric Society: Announcement and Call for Papers

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p.709


Accepted Manuscripts

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p.711


News Notes

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p.712


Report of the President on Regional Activities of the Society
Michael Bruno

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p.713


1986 Election of Fellows to the Econometric Society

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p.719


Fellows of the Econometric Society as of January 1987

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p.733


Program of the 1986 North American Winter Meetings of the Econometric Society

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Submission of Manuscripts to Econometrica

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Back Matter

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