Journal Article The Theory of Consumer Monopsony Get access Sidney Weintraub Sidney Weintraub Brooklyn, New York Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 17, Issue 3, 1949, Pages 168–178, https://doi.org/10.2307/2296276 Published: 01 January 1949

Journal Article Some International Aspects of British Cyclical Fluctuations, 1870–1913 Get access J. S. Pesmazoglu J. S. Pesmazoglu Cambridge Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 16, Issue 3, 1949, Pages 117–143, https://doi.org/10.2307/2295915 Published: 01 January 1949

Journal Article Inflation, Deflation and Employment in Italy Get access E. S. Simpson E. S. Simpson Basle Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 17, Issue 3, 1949, Pages 203–225, https://doi.org/10.2307/2296280 Published: 01 January 1949

Journal Article A Non-Additive Measure of Uncertainty Get access G. L. S. Shackle G. L. S. Shackle Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 17, Issue 1, 1949, Pages 70–74, https://doi.org/10.2307/2295790 Published: 01 April 1949

I. Introduction, 198. — II. Central bank control during the inter-war period, 198 — III. More recent problems: control of long-term interest rates in Britain and the United States, 201. — IV. Selective credit policy as a supplement to low and stable interest rates, 206. — V. This policy not a complete break with the past, 209. — VI.

Introduction: The theory of the accelerator to date, 174. — How steady growth is generated, 176. — Influence of the investment period, 180. — Influence of the income period, 181. — A more general case, 182. — Qualifications, 186. — Price as a stabilizer, 188. — Appendix, 193.

STUDIES based principally on aggregations of income tax returns or SEC registration statements have established the pattern of variation of the average rate of corporate profit according to size of corporation.' It is proposed in this paper to review and interpret the evidence of these aggregations and to explore the additional information that may be obtained from study of the entire distribution of the rates of return, rather than of averages alone. The effect of a tendency of profitable corporations to conceal profits by paying large salaries to management will also be investigated. From this investigation we may conclude that small corporations have greater variability of profits than do large, in two different senses. For any given year the dispersion of profit rate is much greater among small corporations than among large. From bad times to good the profit rates of small and medium sized corporations fluctuate more than do those of large ones. Finally, the small corporations probably misclassify a greater part of their profits as salaries of management, than do large corporations. As a consequence the generalization that might have been inferred from the experience of the thirties, that small corporations earn lower rates of return than do large corporations, is not very reliable, even for the year I937. VARIATION OF AVERAGE RATE OF RETURN WITH SIZE

Abstract Reviews the book "Accountants Reports," 4th ed., by William H. Bell.