I. Conditions under which taxation is income creating, 265. — Influence of expenditures, 268. — II. Under-employment equilibrium with consumption 100 per cent of income, 269. — III. Under-employment equilibrium with net investment and the average propensity to consume less than 100 per cent, 275. — IV. Full employment and a sudden closing of investment outlets, 280. — V. Application of the foregoing analysis in a practical program, 285. — Effectiveness of the income tax as an instrument of policy, 286.

Scope of the paper: effects of a non-progressive balanced increase in the budget, 78. — The mechanics, 79. — Qualifications: character of government output, 82; competition with private enterprise, 83; effect upon the propensity to consume, 83; further effects of taxation, 85. — Comparison of income-generating measures, 88

Alleged effects of the Versailles settlements, 615. — I. The export trade: totals, 616; relation to world trade, 619; comparison with prewar figures, 620; relation to home sales, 621; composition, 622; distribution, 625. — II. The import trade: totals, 627; luxuries, 629; raw materials, 631; agricultural products, 631. — III. Industry: output, 633; unemployment, 634. — IV. National income, 635. — V. Conclusions, 636.

Journal Article Hicks on Perfect Substitutes Get access Edwin B. Wilson Edwin B. Wilson Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 59, Issue 1, November 1944, Pages 134–140, https://doi.org/10.2307/1883261 Published: 01 November 1944

Introduction: scope of the paper, 92. — Number of disputes, 94. — Attitude of trade unions, 94. — Compulsory arbitration, 96. — Magnitude of disputes, 98. — Duration of disputes, 98. — Industries affected, 99. — Causes of disputes, 102. — Results of disputes, 104. — Conclusion, 106

I. Origin of the provision for changing reserve requirements of member banks, 553. — II. Nature of the provision as an instrument of credit control, 554. — III. History of its use, 556. — IV. Criticisms: ladk of precision, 558; discrimination, 560; inflexibility, 563. —- V. Relation to Federal Reserve finances, 564. — Security markets, 567. — VI. Effect upon future control of credit, 568. — VII. General conclusion, 570.

Recent Publications Get access The Quarterly Journal of Economics, Volume 58, Issue 4, August 1944, Pages 651–653, https://doi.org/10.1093/qje/58.4.651 Published: 01 August 1944

I. Summary and conclusions, 388. — Loss offset provisions, 391. — II. The rationale of investment behavior: yield and risk defined, 393; yield and risk of an asset combination, 398; investor's indifference map and investment equilibrium, 402. — III. Taxation without loss offset: effects of the tax on yield and risk, tax sensitiveness, 403; adjustment of asset combination held, 405. popular versions of the argument, 408. — IV. Taxation with full loss offset: effects on yield and risk, 409; total risk and private risk distinguished, 410; adjustment of asset combination held, 411; total risk increased as result of tax, 412. — V. The general case, taxation with variable loss offset: effects of varying tax rate and varying loss offset, 415; adjustment of asset combination to changes in tax rate, with given loss offset, 418; adjustment to changes in loss offset, with given tax rate, 419. — VI. Qualifications, 421.

I. The problem: quantitative relationship between the primary demand for particular products and total output and employment, 290. — II. Technological relations assumed, 294. — The resulting equations, 296. — Computing employment, 297. — The concept of final demand, 298. — III. Computation from American data for 1939, 299. — IV. Applicability of these results to data for 1929, 304. — Explanation of discrepancies, 308. — V. Relationship between final purchases of particular commodities and total employment, 311. — Appendix, 313.

I. Economic movements and population movements: personal capital, 572; emigration and migration, 576; non-economic factors, 577; the time factor, 578; primitive cultures and the ancient world, 579. — II. Wealth per capita and population: time and space, 582; secular increase, 583; class rates of mortality and natality, 583; social and political institutions, 583. — III. Determinants of population growth: the genesic forces, 585; the non-genesic forces, 587; residues, 592. — IV. Malthus' theories, 593. — V. Demographic trends: long-run influences, 598; the future, 600.