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Output and Investment for Exponential Growth in Consumption--The General Solution and Some Comments

Review of Economic Studies 1964 31(1), 77
Journal Article Output and Investment for Exponential Growth in Consumption—The General Solution and Some Comments Get access V. Mukerji V. Mukerji Poona Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 31, Issue 1, January 1964, Pages 77–82, https://doi.org/10.2307/2295939 Published: 01 January 1964

A Generalized S.M.A.C. Function with Constant Ratios of Elasticity of Substitution

Review of Economic Studies 1963 30(3), 233
Journal Article A Generalized S.M.A.C. Function with Constant Ratios of Elasticity of Substitution Get access V. Mukerji V. Mukerji Poona Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 30, Issue 3, October 1963, Pages 233–236, https://doi.org/10.2307/2296324 Published: 01 October 1963

Staged Financing: An Agency Perspective

Review of Economic Studies 1999 66(2), 255-274
This paper investigates the structure of outside investment in a profitable entrepreneurial venture. Though efficient, financing the venture up front may be infeasible because the entrepreneur cannot commit to not renegotiate down the outside investor's claim once she's sunk her investment. Staging the investment over time helps to mitigate this commitment problem. The early rounds of investment create collateral that support the later rounds. The author characterizes the optimal staged investment path and shows how it is affected by various features of the venture. The predictions of the model are consistent with observations on staged financing in venture capital.

The Economics of Rumours

Review of Economic Studies 1993 60(2), 309
This paper studies a class of information transmission processes called rumors. The distinctive features of these processes are that the information transmission takes place in such a way that the recipient does not quite know whether or not to believe the information and that the probability that someone receives the information depends on how many people already have it. Counter-intuitive comparative statics results are obtained. For example, more information and higher productivity may reduce welfare, while changing the speed with which the rumor spreads has no welfare effect.

A Model of General Economic Equilibrium

Review of Economic Studies 1945 13(1), 1
The subject of this paper is the solution of a typical economic equation system. The system has the following properties: (1) Goods are produced not only from “ natural factors of production, ” but in the first place from each other. These processes of production may be circular, i.e. good G1 is produced with the aid of good G2, and G2 with the aid of G1. (2) There may be more technically possible processes of production than goods and for this reason “ counting of equations ” is of no avail. The problem is rather to establish which processes will actually be used and which not (being “ unprofitable”).

Italian Attempts to Encourage Population Growth

Review of Economic Studies 1936 3(2), 106
Journal Article Italian Attempts to Encourage Population Growth Get access D. V. Glass D. V. Glass London Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 3, Issue 2, February 1936, Pages 106–119, https://doi.org/10.2307/2967501 Published: 01 February 1936

On Tobin's Multiperiod Portfolio Theorem

Review of Economic Studies 1972 39(4), 461-468
Journal Article On Tobin's Multiperiod Portfolio Theorem Get access Guy V. G. Stevens Guy V. G. Stevens Federal Reserve System Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 39, Issue 4, September 1972, Pages 461–468, https://doi.org/10.2307/2296514 Published: 01 September 1972

An Econometric Model of Puerto Rico

Review of Economic Studies 1969 36(3), 319-333
Journal Article An Econometric Model of Puerto Rico Get access M. Dutta, M. Dutta Rutgers University Search for other works by this author on: Oxford Academic Google Scholar V. Su V. Su Rutgers University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 36, Issue 3, July 1969, Pages 319–333, https://doi.org/10.2307/2296430 Published: 01 July 1969 Article history Received: 15 April 1968 Received: 15 January 1969 Published: 01 July 1969

Income Effects and the Theory of the Firm

Review of Economic Studies 1950 18(2), 79
Income Effects and the Theory of the Firm J. de V. Graaf J. de V. Graaf Cambridge Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 18, Issue 2, 1950, Pages 79–86, https://doi.org/10.2307/2295795 Published: 01 April 1950