Journal Article The Class of Homothetic Isoquant Production Functions: Programming Revisited Get access Berkeley S. Clemhout Berkeley S. Clemhout University of California, Berkeley Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 37, Issue 2, April 1970, Pages 302–303, https://doi.org/10.2307/2296424 Published: 01 April 1970

Journal Article On Rational Entrepreneurial Behaviour and the Demand for Investment Get access A. B. Treadway A. B. Treadway Northwestern University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 36, Issue 2, April 1969, Pages 227–239, https://doi.org/10.2307/2296839 Published: 01 April 1969 Article history Received: 19 February 1968 Revision received: 05 August 1968 Published: 01 April 1969

Journal Article On a Property of Concave Functions Get access B. P. Stigum B. P. Stigum Northwestern University, Evanston, Illinois Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 35, Issue 4, October 1968, Pages 413–416, https://doi.org/10.2307/2296768 Published: 01 October 1968

Family Endowment Reconsidered Get access W. B. Reddaway W. B. Reddaway Cambridge Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 5, Issue 2, February 1938, Pages 123–131, https://doi.org/10.2307/2967526 Published: 01 February 1938

Journal Article A Note on Banking Policy and the Exchanges Get access R. B. Bryce R. B. Bryce Cambridge, Mass Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 4, Issue 3, June 1937, Pages 240–243, https://doi.org/10.2307/2967460 Published: 01 June 1937

This article reports on household survey measurements of the “offshorability” of jobs, defined as the ability to perform the work from abroad. We develop multiple measures of offshorability, using both self-reporting and professional coders. All measures find that roughly 25% of US jobs are offshorable. Our three preferred measures agree between 70% and 80% of the time. Professional coders appear to provide the most accurate assessments. Empirically, more educated workers appear to hold somewhat more offshorable jobs, and offshorability does not have systematic effects on either wages or the probability of layoff.

This paper uses industry price-cost margin data to estimate the extent to which unions reduce profits. Estimates allowing for the endogeneity of union status are contrasted with estimates that assume union status is exogenous and not determined in part by either profitability or industry structure. Endogeneity is found to be an important consideration in estimating the union impact on profits: two-stage estimates are considerably larger than OLS estimates. The final section explores the total estimated redistribution from capital to labor in the manufacturing sector. An important conclusion is that unions raise prices less than was previously believed.

We wish to acknowledge the help of three referees and of John Pencavel on several earlier drafts, as well as the assistance of the modelers, whose work is referred to in the paper. They corrected our lack of understanding of their work and provided many other helpful comments. Excellent research and bibliographical assistance have been provided by Debbie Fretz, Radwan Shaban, and Janet Stotsky. Helpful comments have been made by Charles Ballard, Michael Boskin, Lans Bovenberg, Sylvester Damus, Harvey Galper, Glenn Harrison, Gordon Lenjosek, Jack Mutti, Serena Ng, T. N. Srinivasan, Charles Stuart, and Eric Toder. The authors also acknowledgefinancial support from the National Bureau of Economic Research, the National Science Foundation, International Business Machines, and the Social Sciences and Humanities Research Council: Ottawa, Canada.