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The Journalof A journal of the American Economic Association Spring 1995 A journal of the American Economic Association Editor Carl Shapiro, University of California at Berkeley Co-editor Alan J. Auerbach, University of California at Berkeley Associate Editors Henry J. Aaron, The Brookings Institution Francine D. Blau, University of Illinois Anne C. Case, Princeton University Robert Gibbons, Cornell University Gene M. Grossman, Princeton University James J. Heckman, University of Chicago N. Gregory Mankiw, Harvard University Frederic S. Mishkin, Columbia University Peter Murrell, University of Maryland at College Park Barry Nalebuff, Yale University Joseph Newhouse, Harvard University John E. Roemer, University of California at Davis Bernard Saffran, Swarthmore College Richard L. Schmalensee, Massachusetts Institute of Technology Suzanne A. Scotchmer, University of California at Berkeley Hal R. Varian, University of Michigan Gavin Wright, Stanford University Managing editor Timothy Taylor Editorial associate Carmen Largaespada Editorial offices: Hubert H. Humphrey Institute of Public Affairs, University of Minnesota, 301 19th Avenue South Minneapolis, Minnesota 55455 e-mail: jep@hhh.umn.edu gratefully acknowledges the support of the Hubert H. Humphrey Institute of Public Affairs at the University of Minnesota. Copyright © 1995 by the American Economic Association; All Rights Reserved. Composed by Science Typographers, Inc., Medford, New York
Journal of Economic Perspectives – American Economic Association
Published: May 1, 1995
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