Table of contents
LET'S RID OURSELVES OF THE REPRESENTATIVE FIRM MODEL
J. Wilson MixonThe representative firm model is used to demonstrate that competitive markets yield least‐cost production in the long run. This model is deficient in two respects: The…
STUDIES IN ECONOMIC ANALYSIS
Despite objections, “one of the more durable empirical relationships uncovered in statistical investigations of firm and industry profitability, is the tendency for profitability…
PRICE DISCRIMINATION AND MONOPOLISTIC COMPETITION
Stephen ShmanskeAn examination of imperfect price discrimination, modelled as a linear combination of perfect price discrimination and uniform pricing, is used to analyze the impact of imperfect…
AN ANALYSIS OF STABILITY IN A KEYNESIAN ECONOMY WITH RICARDIAN CONSUMERS
Benjamin RussoRicardian behavior may increase the variance of consumption: A change in national income will change future tax liabilities endogenously; if consumers are Ricardian, consumption…
THE MONETARY AGGREGATES AND THE VELOCITY OF MONEY
Colleen W. Camerson, Regina CavenyThe relationship between a new measure of money, called the Rational Transactional Aggregate (RTA), and economic activity was investigated using annual and quarterly data in…
ISSN:
1086-7376Online date, start – end:
1977Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Prof Niklas Wagner