Studies in Economics and Finance: Volume 8 Issue 2

ACCELERATED DEPRECIATION AND THE FIRM'S INPUT OF CAPITAL AND LABOR

MALCOLM GALATIN

Recently there has been increased interest in accelerated depreciation as a policy tool that could induce firms to invest more and so lead to faster growth rates of productivity…

OCCUPATIONAL FOLLOWING DURING THE GUILD ERA: AN ECONOMIC PERSPECTIVE

DAVID N. LABAND, BERNARD F. LENTZ, JOHN P. SOPHOCLEUS

Family traditions in business operations are common throughout recorded history. From an economic perspective, occupational following may occur voluntarily because valuable…

COMPARISON OF INCOME INEQUALITY MEASURES

KANG H. PARK

The size distribution of income, or income inequality, has long been a concern to scholars in many disciplines tor different reasons. Statisticians have approached the…

INVENTORIES AND ADJUSTMENT IN A MICROFOUNDATIONS FRAMEWORK

HEYDAR POURIAN

The level of inventories, particularly the finished‐goods inventories, is a good gauge of adjustment in inputs and outputs of the firms in a market economy and plays an important…

AUSTRIANS vs. MONETARISTS ON MONEY & CREDIT

DONALD R. WELLS, MICHAEL J. GOOTZEIT

This paper focuses on the differences between the Austrian School's (Au) and the Monetarist's (Mt) position on Monetary theory. It will be shown that Au have a complete micro…