Knowledge that Transforms

The Official and Unofficial Markets for Sterling Get access S. E. Harris S. E. Harris Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 54, Issue 4_Part_1, August 1940, Pages 655–664, https://doi.org/10.1093/qje/54.4_Part_1.655 Published: 01 August 1940

Two major objectives of British policy which can and should be implemented by the same regulatory technique, 171.— I. The non-quantitative approach: burdens likely to be heavy, 172; and require maximizing of resources 173.— The Economist's educational campaign, 174.— Hansen's view, 176.— The best sterling exchange rate for the duration of the war would be nearer $5.00 than $4.00.— Theoretical justification of this position, 177.— II. The statistical approach: points to be established, 182.— Volume of British exports likely to fall, 183.— Britain's foreign markets will not be reduced by war, and may be increased, 185.— What depreciation is costing Britain, 186.— Behavior of British prices, 190.— III. Summary of Britain's wartime economic problems, 196.

The Incidence of Sales Taxes: Ad Valorem and Specific Taxes Get access John F. Due John F. Due The University of Utah Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 54, Issue 4_Part_1, August 1940, Pages 679–685, https://doi.org/10.1093/qje/54.4_Part_1.679 Published: 01 August 1940

Purpose of the study, 599.— I. Similarity between Phillips' analysis and one version of the multiplier, 600.— The Keynesian analysis, 600.— Integration of Phillips' analysis with the analysis of income circulation implied in the concept of the multiplier: five sequences, 601.— The identity of savings and investment and the concept of the instantaneous multiplier, 609.— Varying the assumptions, 610.— One bank, 612.— Constant addition to bank reserves, 612.— Lundberg's model sequences, 614.— II. Suggestions for systematizing banking theory: definitions, axioms and syllogisms to be kept in mind, 615; secular increases of voluntary deposit holdings and the volume of banks' loans and investments, 620; commercial banks and the marginal propensity to spend, 622; liquidity and shiftability of bank assets, 622.

I. The State-Federal conflict for possession of sources of revenue, 566.— II. Background of the controversy over the estate tax, 567.— III. Revisions of the Federal levy, 1924–1935, 569.— IV. Effects of these upon State and Federal revenues, 573.— Effects upon the form of State taxes, 575.— Effects upon the rates applied under State laws, 577.— V. Effects of the Act of 1926 upon death duties in Pennsylvania, 581.— VI. Effects upon death duties in Massachusetts, 586.— VII. Effects upon the New York system, 590.— VIII. Conclusions, 596.

Journal Article Oligopoly and the Short-Run Demand for Labor Get access Raymond F. Mikesell Raymond F. Mikesell The University of Washington Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 55, Issue 1, November 1940, Pages 161–166, https://doi.org/10.2307/1881672 Published: 01 November 1940

The meaning of an imperfect market, 95. — Assumptions underlying the present analysis, 96. — I. The demand functions, 96. — II. Competitor's expectation of his rivais' behavior, 98. — His estimated demand function, 100. — III. Diagrammatic demonstration of attainment of equilibrium, 100. — IV. Equilibrium conditions for the general case, 103. — Conditions affecting the relative magnitudes of p1 and p2 in equilibrium: (1) differences in demand functions, 105; different methods of estimation, 106; (3) cost differences, 106. — V. Conditions under which equilibrium is stable and economically possible, 107. — Cases where the stability conditions are not fulfilled or where equilibrium is economically impossible, 114.

Journal Article A Note on the History of Business Corporations in Pennsylvania, 1800–1860 Get access William Miller William Miller New York University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 55, Issue 1, November 1940, Pages 150–160, https://doi.org/10.2307/1881671 Published: 01 November 1940

Classification of factors determining price rigidities, 474. — Characteristics of the product, 476. — Law or administrative decree, 481. — Concentration of control, 482. — Marketing techniques, 484. — Habits and customs, 486. — Contractual arrangements, 486. — Structure of the market, 487. — Conclusions, 488.