General purchasing power adjustments, GPPA, Price-level adjusted accounting, Earnings per share

Incentives, Contracting, Specialist information, Profit sharing

Journal Article The Determinants of Teacher Supply Get access A. Zabalza A. Zabalza London School of Economics Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 1, January 1979, Pages 131–147, https://doi.org/10.2307/2297177 Published: 01 January 1979 Article history Received: 01 April 1977 Accepted: 01 February 1978 Published: 01 January 1979

Economists generally agree that a basic characteristic of a good tax is economic neutrality. That is, a tax should not influence economic behavior unless it was intentionally designed to produce a specific effect. In this context, the economic effects of the current system of capital gains taxation in the United States have been the subject of considerable concern. Most researchers have concluded that the current system of capital gains taxation has an undesirable and destabilizing effect on the securities markets because the practices of taxing capital gains only when they are realized and, correspondingly, allowing tax deductions for capital losses only upon realization, presumably cause investors to defer the realization of capital gains and to accelerate the realization of capital losses. Based upon this behavioral assumption, many economists infer an effect on the securities markets.

Journal Article On the Definition and Measurement of Instability and the Costs of Buffering Export Fluctuations Get access A. H. Gelb A. H. Gelb University of Essex and Queen's University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 1, January 1979, Pages 149–162, https://doi.org/10.2307/2297178 Published: 01 January 1979 Article history Received: 01 February 1977 Accepted: 01 February 1978 Published: 01 January 1979

Journal Article Optimal Population and Capital over Time: The Maximin Perspective Get access Guillermo A. Calvo Guillermo A. Calvo Columbia University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 1, January 1979, Pages 59–71, https://doi.org/10.2307/2297172 Published: 01 January 1979 Article history Received: 01 January 1977 Accepted: 01 May 1978 Published: 01 January 1979