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Comparison of the abilities of historical and current cost information to predict funds flows
This study compared current operating income (COI), current operating income plus realizable holding gains measured in constant dollars and purchasing power gain (i.e., current real income (CRI)), and historical cost income ...
Overview of the neoclassical production function and the market structure: An application to the Mexican cement industry from 1963 to 1983
This study provides an overview of the Neoclassical theory of production as well as topics on market structure. It analyzes transportation costs, pricing, and economies of scale that determine production concentration and ...
Recurrent financial crisis in LDCs
When estimating probabilities of repayment problems in Less Developed Countries (LDCs), the standard approach has been the application of logit models. Since there are few cases of LDCs, panel data has been used to increase ...
The regressive era: Progressive Era tax reform and the National Tax Association--roots of the modern American tax structure. (Volumes I and II)
The National Tax Association (1907) successfully led more well-known Progressive Era reform groups (National Municipal League, Civic Federation, Bar and Economics Associations and others) in advocating twenty-eight ...
Equilibrium, efficient-markets, and liquidity in the cash-in-advance model
The existence of equilibrium is a test of the internal consistency of an economic model. In any model with domestic moneys and dividend-yielding assets, the first question is: will money be dominated by assets in equilibrium? ...