Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

Vol. 11, No. 1, Winter 1997

Find articles in this issue

Title

Abstract

Author

Front Matter

(pp. 1–2)

Symposium: The Natural Rate of Unemployment

Reflections on the Natural Rate Hypothesis

by Joseph Stiglitz

(pp. 3–10)

The Time-Varying NAIRU and Its Implications for Economic Policy

by Robert J. Gordon

(pp. 11–32)

The NAIRU, Unemployment and Monetary Policy

by Douglas Staiger, James H. Stock, and Mark W. Watson

(pp. 33–49)

What We Know and Do Not Know about the Natural Rate of Unemployment

by Olivier Blanchard and Lawrence F. Katz

(pp. 51–72)

Theory Ahead of Language in the Economics of Unemployment

by Richard Rogerson

(pp. 73–92)

Time to Ditch the NAIRU

by James K. Galbraith

(pp. 93–108)

Articles

Explaining Bargaining Impasse: The Role of Self-Serving Biases

by Linda Babcock and George Loewenstein

(pp. 109–126)

An Introduction to Applicable Game Theory

by Robert Gibbons

(pp. 127–149)

Capacity Utilization

by Carol Corrado and Joe Mattey

(pp. 151–167)

Features

Policy Watch: The 1996 Welfare Reform

by Rebecca M. Blank

(pp. 169–177)

Retrospectives: Classical Family Values: Ending the Poor Laws as They Knew Them

by Joseph Persky

(pp. 179–189)

Anomalies: The Equity Premium Puzzle

by Jeremy J. Siegel and Richard H. Thaler

(pp. 191–200)

Recommendations for Further Reading

(pp. 201–208)

Correspondence

(pp. 209–212)

Notes

(pp. 213–218)