The theory of stationary job search predicts that, controlling for other factors that affect the probability of leaving unemployment, duration and reservation wages are likely to be positively associated. The paper tests this prediction for British cross-sectional data from 1982 using an estimating equation implied by search theory. Simultaneity is crucial in the evaluation of this prediction, with single-equation and instrumental-variable estimates differing markedly. Perhaps surprisingly, given the extreme paucity of both job interviews and offers in the sample, the main finding is that reservation wages play a significant role in the determination of duration.

Three classes of machinery in England for dealing with industrial disputes: trade boards, 194; Whitley Councils, 194; Appeal Tribunals, 195. — Results achieved by these, 195. — Gaps recently revealed, 197. — Differences in extent to which the desired machinery has been established, 197. — First steps in legalizing wage rates, 198. — Road Haulage wages, 201. — The Act of 1938, 203. — Further proposals now pending, 206. — Comparisons with developments in the United States, 208. — Conclusion, 212.

Journal Article Discontinuous Demand Curves and Monopolistic Competition: A Special Case Get access Henry Smith Henry Smith Trinity College, Cambridge, England Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 49, Issue 3, May 1935, Pages 542–550, https://doi.org/10.2307/1883870 Published: 01 May 1935

Public interest in the Bank, 713. — Reasons for its establishment, 714. — Gradual development of the idea, 715. — Need of international financial cooperation, 716. — Structure of the Bank, 717. — Powers of the Bank, 721. — Size of the Bank, 721. — Conclusions: The Bank has two functions, primary and auxiliary, 723. — Impossibility of predicting what may be expected from the latter, 724.

Journal Article A Century of Patent Law Get access Chauncey Smith Chauncey Smith Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 5, Issue 1, October 1890, Pages 44–69, https://doi.org/10.2307/1880832 Published: 01 October 1890

I. The problem of housing supply analysis, 389.—II. Controlling for quality in a location-constrained model, 391.—III. Empirical work, 400.—IV. Summary and implications of empirical results and methodology, 402.

I. Financial intermediary investment behavior, 494. — II. Long-run trends and structural shifts in the postwar mortgage market, 500. — III. Financial intermediary mortgage investment behavior, 503. — IV. Conclusions, 513.

Introduction: experimental determination of a theoretical production function, 543. — Imperfect markets and disequilibrium situations, 546. — Delayed adjustments, 548. — Other reasons why actual observations will not show adjustments envisaged by static equilibrium theory, 548. — Functions based upon short-run adjustments, 549. — Transitions, 550. — Time-series and cross-section studies, 551. — Homogeneity, 552. — The data as measurements: industries vs. firms, 553; factors of production, 553; capital, 554; depreciation, 556; sampling, 560. — Conclusion, 562.

Origins of the program, 297.— Pitfalls of the policy, 299.— State Department's attempts to avoid them, 300.—Difficulty in application of most-favored-nation principle, 301.—Attempts to meet this, 302.— "Safeguards" 303.— Quotas and exchange control, 304.—Prohibitions on sanitary grounds, 305.— Monopolistic practices, 305.— Domestic planning measures, 305.— The problem of monetary instability, 307. — Conflict with bilateral exchange pacts, 309.—Conclusions: no safeguards developed against managed currency and economic planning pitfalls, 311.—Leadership incumbent upon creditor nations, 312.

Mr. Mallock's estimates, 216. — Average number of incomes per unit of the range of incomes in each group used as a measure of density, 218. — Density coefficients, 220. — Three strata of income receivers, 221. — Density coefficients vary with the reciprocals of the cubes of the corresponding incomes, 222. — Corrected average incomes for groups, 224. — Rectified tables of income distribution, 226. — Advantage in taxing all incomes above £100, 227. — Formula for graduation of the tax rate, 228. — Tax yield controlled by varying the ultimate rate, 229. — Its incidence controlled by varying the size of income to which half the ultimate rate applies, 232. — Modifications to fit the use of step rates and of abatements, 236.