The demand for leisure time in the presence of constrained work hours

This article presents a labor supply model designed to address situations of overemployment or underemployment in the labor market. Previous labor supply models have taken the possibility of work hour constraints into consideration but typically assumed that the existence of fixed work hours only influenced the decision of labor force participation. This ignores situations in which individuals choose to be employed at fixed-hour jobs even though these jobs do not offer the desired work hours.     

A financial survey of mergers during the years 1968–70

This paper is concerned with the financial objectives of mergers and acquisitions and the way in which considerations in the merger transaction, such as the price paid and the method of payment used, may affect such objectives subsequent to the merger. The analysis is based on a sample of 65 mergers during the years 1968–70 inclusive [2].     

Vector representation of migration streams among selected state economic areas during 1955 to 1960

This paper uses in-migration, out-migration, and net migration vectors to measure and portray the migration streams occurring between April 1, 1955, and April 1, 1960, for all persons five years old and over on April 1, 1960, among 38 contiguous state economic areas (SEA's) in Oklahoma, Colorado, Kansas, Missouri, Arkansas, Texas, and New Mexico. Both rectangular and polar coordinates were employed in computing three different types of vector representations. First, migration vectors for each SEA, expressed in total people-miles of in-movement, out-movement, and net movement represent the resultant direction of movement and the total people-miles of movement. Second, in- and out-migration vectors of the total people-miles of movement, with the widths of the vectors drawn proportional to the number of migrants, show the total size of each migration stream for each SEA, the resultant direction of movement, and the distance moved in total people-miles of movement. p ]Third, in- and out-migration vectors of the average distances moved to and from each SEA, with the widths of the vectors drawn proportional to the number of migrants, show the magnitude of movement, the average distance moved per migrant, and the resultant direction of movement. This study shows that migration vectors based upon polar coordinates are more accurate than the migration vectors based upon rectangular coordinates. Also, the in- and out-migration vectors are superior to net migration vectors in representing migratory streams among geographic areas.