Journal Article Some Monetary Aspects of Multiplier Theory and Fiscal Policy Get access Lawrence S. Ritter Lawrence S. Ritter Michigan Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 23, Issue 2, 1955, Pages 126–131, https://doi.org/10.2307/2296295 Published: 01 January 1955
Journal Article The Pareto Distribution and the Cobb-Douglas Production Function in Activity Analysis Get access H. S. Houthakker H. S. Houthakker Stanford, California Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 23, Issue 1, 1955, Pages 27–31, https://doi.org/10.2307/2296148 Published: 01 April 1955
Journal Article Mr. Pearce's General Equilibrium Model Get access S. A. Ozga S. A. Ozga London Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 23, Issue 2, 1955, Pages 145–152, https://doi.org/10.2307/2296298 Published: 01 January 1955
This paper endeavours to present a simple model to explain the frequency distribution of income by adding birth and death considerations to the more usual random shock system type of model. The form of this model turns out to be a Gram-Charlier distribution subject to a linear logarithmic transformation, the parameters of which are meaningful and significant. A tentative method of fitting such curves is suggested and the values of the parameters discussed.
Abstract In the article, the author shares his views on price level adjustments. The problems with pricing, and financial statements is discussed. According to the author, the application of price indices is limited by two conditions, the speed of inflation or deflation, and the differentiation between a general price index and individual commodity price indices. In China, a series of changes of currencies, Fapi, Golden Yuan Notes, Taiwan Dollars, etc. create much problem. By statutes, not only the assets and liabilities, but the capital is also required to be revalued. Chinese communists had applied rice prices to the revaluation of assets and liabilities before they occupied mainland China. Afterwards the price index was compiled and applied. The Government moved from the mainland to this island in 1949, and a currency reform was effected in June for the purpose of strengthening national powers. By statute, current assets and liabilities were converted into the new currency on a fixed rate, and fixed assets and capital revalued at the end of that year.