Journal Article Wage Structure and Structural Unemployment Get access M. W. Reder M. W. Reder Stanford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 31, Issue 4, October 1964, Pages 309–322, https://doi.org/10.2307/2295901 Published: 01 October 1964

George H. Sorter, Selwyn W. Becker, T. R. Archibald, W. Beaver, Corporate Personality As Reflected in Accounting Decisions: Some Preliminary Findings, Journal of Accounting Research, Vol. 2, No. 2 (Autumn, 1964), pp. 183-196

HE quantity of money in economic modT els traditionally has been assumed (by Keynes, as well as others) to be an exogenously determined variable controlled uniquely by the monetary authorities. Traditional theory argues that, in a fractional reserve system, money supply is a constant multiple of the reserve bank's monetary liabilities which are controlled via the conventional instruments open market operations, changes in the required reserves ratio, and variations in the discount rate.' A current survey of monetary theory and policy states that the theory of money supply is virtually an unexplored area of monetary research.2 The contemporary theoretical and empirical controversies arising around the role of financial intermediaries reflect an awakening interest in money; and several recently completed studies of the money supply in developed economies provide further proof of this new interest.3 This study is intended to further knowledge of the process by which the supply of money is determined, but unlike previous studies it concerns money in a developing economy.

Introduction, 511. — Income growth and distribution, 513. — The incidence of poverty and its changes, 514. — Measuring the poverty curve, 515. — Subgroup poverty curves, 517. — Poverty status of population subgroups, 1959, 519. — The elasticity of subgroup incomes with respect to economic growth, 521. — Conclusions, 523.

Journal Article More Scope for Qualitative Economics Get access W. M. Gorman W. M. Gorman Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 31, Issue 1, January 1964, Pages 65–68, https://doi.org/10.2307/2295936 Published: 01 January 1964

Abstract The article presents a simple procedure for teaching accounting adjustments. The use of this procedure will result in better student comprehension of adjustments and provide him with a device for consistently doing adjustments correctly. The article informs that present methods of teaching adjustments account by account, one adjustment at a time, is poor utilization of time and abilities. The procedure to be presented, when initiated on the accounting level detailed below, requires a minimum of memorization and class time. The student's accounting knowledge should have progressed through a simple accounting cycle of recording, posting, closing, and statement preparation. This presumes an elementary knowledge of the various accounts: statement classification, normal balance debit or credit, an account description of what it represents, the basic business transactions that increase or decrease the account balance, and the closing entry if applicable. In addition to the accounting cycle and account characteristics above, knowledge of the procedure to balance a ledger account is needed to present programmed adjustments.

Abstract The most recent statement of basic postulates of accounting is contained in Accounting Research Study #1, prepared under the auspices of the American Institute of Certified Public Accountants. The 14 postulates presented therein have been grouped under three headings namely environment, field of accounting and imperatives. The attempt to present succinct descriptions of the basic postulates for accounting is meritorious. The philosophy underlying such a project would appear to be directed toward the establishment of a sound foundation for the advancement of accounting theory. However, continued analysis of these and alternative postulates must be undertaken to avoid the creation of a mausoleum from which there could be no escape. A chart has been developed which attempts to depict the interrelationship that appears to exist between these postulates. The heavy reliance upon the deductive process evidenced by this study suggests that a comparable exercise utilizing inductive reasoning should be undertaken for a verification or repudiation of these postulates.