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Comment: An Economic Model of Trade Credit

Journal of Financial and Quantitative Analysis 1977 12(3), 519
Professor Schwartz's [6] attempt to provide an economic model of trade credit is to be applauded. I am in complete accord with his statement [6, p. 656] that “the aggregate importance of trade credit and the economic effects generated by changes in trade credit flows suggest that greater attention should be given to this source of funds.” For too long, thorough qualitative and quantitative analyses applied to the phenomenon of trade credit have been somewhat neglected. In his attempt to remedy this situation, Schwartz is to be complimented.

Teaching International Finance--An Economist's Perspective

Journal of Financial and Quantitative Analysis 1977 12(4), 607
Mark R. Eaker, Teaching International Finance--An Economist's Perspective, The Journal of Financial and Quantitative Analysis, Vol. 12, No. 4, Proceedings of the 1977 Western Finance Association Meeting (Nov., 1977), pp. 607-608

Utility Analysis of Chance-Constrained Portfolio Selection: A Correction

Journal of Financial and Quantitative Analysis 1977 12(2), 321
In [1, p. 999] I wrongly stated that “the solution locus generated by the chance-constrained problem is efficient (for the class of utility function implied by the expected wealth-probability of ruin criterion) if the assets follow a multinomial distribution with means above the survival level.” In support of this statement footnote 6 of [1] attempted to establish the quasiconcavity of the expected utility functionin the (μ, σ) plane, where F is the normal distribution, z = (s-μ)/σ

A Variable-Parameter Model of Exporting Behaviour

Review of Economic Studies 1977 44(1), 43
Journal Article A Variable-Parameter Model of Exporting Behaviour Get access R. A. Batchelor R. A. Batchelor National Institute of Economic and Social Research Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 44, Issue 1, February 1977, Pages 43–57, https://doi.org/10.2307/2296972 Published: 01 February 1977 Article history Received: 01 October 1975 Accepted: 01 May 1976 Published: 01 February 1977

Equilibrium Distributions of Sales and Advertising Prices

Review of Economic Studies 1977 44(3), 465
Journal Article Equilibrium Distributions of Sales and Advertising Prices Get access Gerard R. Butters Gerard R. Butters Princeton University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 44, Issue 3, October 1977, Pages 465–491, https://doi.org/10.2307/2296902 Published: 01 October 1977 Article history Received: 01 April 1975 Accepted: 01 October 1976 Published: 01 October 1977