General purchasing power adjustments, GPPA, Price-level adjusted accounting, Earnings per share

Incentives, Contracting, Specialist information, Profit sharing

Journal Article The Determinants of Teacher Supply Get access A. Zabalza A. Zabalza London School of Economics Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 1, January 1979, Pages 131–147, https://doi.org/10.2307/2297177 Published: 01 January 1979 Article history Received: 01 April 1977 Accepted: 01 February 1978 Published: 01 January 1979

The publication of Lester G. Telser's 1964 paper [52] was the starting point for much of the recent literature on advertising and competition. The major finding of that paper was that there is little empirical support for an inverse association between advertising and competition, despite some plausible theorizing to the contrary This review does not deal with the question of whether advertising is excessive, nor with the related issues of the welfare economics of advertising or product differentiation. Rather, it focuses on those papers which examine the impact of advertising on barriers to entry and on the extent of price competition. Advertising expenditures are designed to influence consumer demand for the firm's products. They may affect both direct and cross-elasticities of demand. Those who argue that advertising may limit competition maintain that the relevant demand curves[1] are more inelastic and that cross-elasticities are lower as a result, while those who dispute this contention suggest that advertising has no such influence or even that it leads to more elastic demands and higher cross-elasticities. Much controversy has therefore turned on the direction of the effects of advertising on demand elasticities. [Авторский текст]

Journal Article Optimal Population and Capital over Time: The Maximin Perspective Get access Guillermo A. Calvo Guillermo A. Calvo Columbia University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 1, January 1979, Pages 59–71, https://doi.org/10.2307/2297172 Published: 01 January 1979 Article history Received: 01 January 1977 Accepted: 01 May 1978 Published: 01 January 1979

Journal Article On the Definition and Measurement of Instability and the Costs of Buffering Export Fluctuations Get access A. H. Gelb A. H. Gelb University of Essex and Queen's University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 1, January 1979, Pages 149–162, https://doi.org/10.2307/2297178 Published: 01 January 1979 Article history Received: 01 February 1977 Accepted: 01 February 1978 Published: 01 January 1979