The Micro Effects of Inflation on Corporate Taxation and Profitability: Some Empirical Evidence for Seventeen Industry Groups*

This study provides some estimates for the following micro effects of inflation: the depreciation effect; the inventory effect; and the net monetary effect. The results indicate that these distributive effects of inflation lead to non-trivial reallocations of wealth between the different sectors of the economy. Furthermore, the study identifies those industry groups which have benefited from these effects and those industry groups which have ‘lost out’ due to these effects.     

Project selection in a small university R&D laboratory

Abstract: The case study presented in this paper deals with the problem of selecting interrelated R & D projects in a small university R & D laboratory under constrained resources. A constrained optimization model was used, applying a multiattribute utility approach.     

Weighting income ranks and levels: A Multiple-Parameter Generalization For Absolute and Relative Inequality Indices

This paper gives a general expression for a multiple parameter index of absolute or relative inequality and indicates that the indices suggested by Atkinson, Kolm and Gini are particular cases of the proposed generalized index.     

Estimation of farmers' risk attitude: an econometric approach

An econometric procedure for estimating Arrow-Pratt coefficients of risk aversion is derived. The model of farmers allocating land among different crops, and time between leisure and labor, allows for testing Arrow's hypotheses of decreasing absolute risk aversion and increasing relative risk aversion. The empirical results support these hypotheses.