A. P. Barten, T. Kloek, F. B. Lempers; A Note on a Class of Utility and Production Functions Yielding Everywhere Differentiable Demand Functions, The Revie

Journal Article Optimal Savings under Uncertainty Get access Jerusalem D. Levhari, Jerusalem D. Levhari The Hebrew University Search for other works by this author on: Oxford Academic Google Scholar T. N. Srinivasan T. N. Srinivasan Indian Statistical Institute Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 36, Issue 2, April 1969, Pages 153–163, https://doi.org/10.2307/2296834 Published: 01 April 1969 Article history Received: 30 April 1968 Revision received: 26 August 1968 Published: 01 April 1969

Journal Article Optimal Intervention to Achieve Non-Economic Objectives Get access J. N. Bhagwati, J. N. Bhagwati Indian Statistical InstituteMassachusetts Institute of Technology Search for other works by this author on: Oxford Academic Google Scholar T. N. Srinivasan T. N. Srinivasan Indian Statistical Institute Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 36, Issue 1, January 1969, Pages 27–38, https://doi.org/10.2307/2296340 Published: 01 January 1969 Article history Received: 12 February 1968 Revision received: 18 September 1968 Published: 01 January 1969

The article discusses the historical perspectives of "Funds Statement." The American Institute of Certified Public Accountants completed a research study on the subject of "funds" statements in 1961 and issued an Opinion of the Accounting Principles Board in 1963. The official pronouncement was the first on "funds" statements by a major accounting body and has had the effect of increasing the use of "funds" statements in corporate annual reports. The basic theme of this article is that needless confusion in preparing and interpreting "funds" statements in corporate annual reports still exists after a century of discussion and practice. The "funds" statement is being required to report all items of financial information and perspectives not disclosed by the income statement, balance sheet and statement of retained earnings. This means that the "funds" statement must report changes in some definition of liquidity, reveal all important "inter-entity" transactions, somehow reconcile the cash and accrual bases of accounting, be flexible, report different perspectives and readily communicate with laymen.