The American Economic Review, Volume 70American Economic Association., 1980 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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... asset and the foreign currency is the risky asset for Americans , then the optimum ratio of hedged to unhedged foreign currency claims or liabilities can be derived from a capital * Investment in foreign currency assets , or the ...
... asset and the foreign currency is the risky asset for Americans , then the optimum ratio of hedged to unhedged foreign currency claims or liabilities can be derived from a capital * Investment in foreign currency assets , or the ...
Página 962
... assets , a . With real balances determined in ( 1 " ) real wealth is a function of the terms of trade and external assets . An increase in external assets a raises real wealth directly and via the induced change in real balances . There ...
... assets , a . With real balances determined in ( 1 " ) real wealth is a function of the terms of trade and external assets . An increase in external assets a raises real wealth directly and via the induced change in real balances . There ...
Página 1003
... assets to market values . Values for c are not directly observable , but since coupon rates typically equal the market rate of interest at the time an asset is first issued , the effective value of c prevailing on total household net assets ...
... assets to market values . Values for c are not directly observable , but since coupon rates typically equal the market rate of interest at the time an asset is first issued , the effective value of c prevailing on total household net assets ...
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adjustment analysis applied assets assumed assumption average basic behavior capital consider constant consumer consumption cost countries defined demand determine discussion distribution domestic earnings Econ economic effect efficient equal equation equilibrium estimated example exchange rate existing expected experience Figure firm follows foreign function given growth hold implies important income increase individual industry inflation initial interest International investment issues labor less marginal mean measure ment Michigan monetary Note obtained optimal output percent period Ph.D planning positive possible preferences present problem production profits ratio reduces regulation relative respect risk saving share Social spells supply Table theory tion trade uncertainty unemployment United University utility utility function variable wage yields zero