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Background:: In medical curricula, considerable effort is put into scientific education and research training. The output of these efforts, however, is not known. Aim:: To assess the number of students who published at least one scientific paper during the course of their medical studies. Methods:: Names and initials of all students who received their medical degree in 2006 or 2007 in one of the six participating university medical centers in the Netherlands were searched in the Web of Science database using a well-validated algorithm. Results:: Of the 2973 students, 14.5% had published at least one scientific paper during the last three years of their medical studies. These papers were of good quality, as the average number of citations per paper is above the average for papers published in their field. Discussion:: Based on the results of our survey, we conclude that medical students in the Netherlands are productively involved in research during their studies. Due to publication delay, the true number of papers is likely to be higher than we counted, but the bibliometric index chosen gives a robust estimate of the effect on the output of the scientific climate of a medical school. Using such an index on a larger scale may stimulate medical faculties to recognize and cultivate academic talent among their students. (Eyk HJ van, Hooiveld MHW, Leeuwen TN van, Wurff BLJ van der, Craen AJM de, Dekker FW. Scientific output of Dutch medical students. Netherlands Journal of Medical Education 2011;30(3):72-79.) [ABSTRACT FROM AUTHOR]

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In the volume The Brookings Quarterly Econometric Model of the United States (Amsterdam, 1965), there are papers by C. L. Schultze and J. L. Tryon on price determination in the industrial sector, and by D. W. Jorgenson on the investment behaviour of firms in that same sector. When comparing these two contributions, one is struck by the fact that Schultze and Tryon point out that industrial firms are price makers in selling their products, whereas Jorgenson assumes that these firms are price takers. This curious fact gives rise to two questions: (1) If both price equations and investment equations occur in the same model, must then one and the same assumption with respect to producers' behaviour necessarily underlie both types of equation? (2) What is the present state of empirical research on price determination under different market forms? Ad (1): In his Economic Fluctuations in the United States, 1921–1941, L. R. Klein has proved that certain assumptions exist concerning the investment equation of either a monopolist (who is a price maker) or a price taker that are consistent with the same set of exogeneous quantities (data) for both cases. In the light of this proposition one may feel entitled to conclude that no inconsistencies exist between the assumptions made by Schultze and Tryon on the one hand and Jorgenson on the other. It should be noted that Klein proceeds on the idea that price makers are monopolists. It may, however, be better to assume that industrial firms are oligopolists. Ad (2): A good deal of research has been done with respect to production and pricing in markets that have the characteristics of homogeneous polypoly (‘pure competition’). In the field of oligopoly, however, hardly any empirical research has been done; here, theoretical constructions are practically all we have. The theory of oligopoly states that the central problem is to find out what is the best hypothesis concerning the reactions of firms on an action taken by one of them. The few investigations on price and investment decisions in oligopolistic markets that do exist (Meyer and Kuh, Meyer and Glauber, Eisner) do not allow for this circular interdependence. It may well be that the theory of oligopoly has laid too much stress on this problem. The work of J. S. Bain on the relations between market forms and market performance is qualified as an important step in the empirical research on oligopolistic price determination. [ABSTRACT FROM AUTHOR]

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Provides information on books related to economics. "A Case of Successful Adjustment: Korea's Experience During 1980-84," by B. B. Aghevli and J. Marguez-Ruarte; "Dynamics of Macrosystems," edited by J. P. Aubin, D. Saari and K. Sigmund; "Economie en Geld"; "How to Reduce Interest Rates and Poverty," by A. O. Dahlberg.

This paper presents an econometric model for the Dutch mortgage market. It comprises demand equations for housing and other mortgages, estimated over the period 1965II-1974I, a mortgage rate equation and a set of equations describing the allocation of mortgage credit over four categories of financial institutions. For the demand for mortgages on houses we found a long-term interest elasticity of -- 1.14 and for the demand for other mortgages one of -- 0.58. Mortgage rate differentials seem to influence the distribution of mortgages over the financial institutions. However, the main determinant is the share of new deposits going to commercial banks. [ABSTRACT FROM AUTHOR]

Presents several books on economics. "Macroeconomics," by F. S. Brooman; "Changes in the Cyclical Behavior of Interest Rates," by Ph. Cagan; "The Northern Myth. A Study of the Physical and Economic Limits to Agriculture and Pastoral Development in Tropical Australia," by B. R. Davidson; "Productivity Differences Within the Service Sector," by V. R. Fuchs and J. A. Wilburn.

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