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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Página 734
... Consider the situation where an increase in government purchases ( of goods ) to a maintained higher level is financed by bond sales . The long - run effect of this in Stein's model will be to increase the rate of ( price ) inflation if ...
... Consider the situation where an increase in government purchases ( of goods ) to a maintained higher level is financed by bond sales . The long - run effect of this in Stein's model will be to increase the rate of ( price ) inflation if ...
Página 782
... consider equation ( 19 ) . Setting Ae , to zero , and solving for p , yields ( 21 ) et Pt This 45 ° line through the origin may be called the exchange equilibrium line , and it coincides with the trade balance equilibrium or purchasing ...
... consider equation ( 19 ) . Setting Ae , to zero , and solving for p , yields ( 21 ) et Pt This 45 ° line through the origin may be called the exchange equilibrium line , and it coincides with the trade balance equilibrium or purchasing ...
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... considers the role of expectations in macroeconomic adjustment , integrating the rational expec- tations hypothesis ... consider the implications of their findings both for national governments and for the international trading system ...
... considers the role of expectations in macroeconomic adjustment , integrating the rational expec- tations hypothesis ... consider the implications of their findings both for national governments and for the international trading system ...
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adjustment Amer AMERICAN ECONOMIC REVIEW analysis assets assumed assumption average behavior coefficient compensating variation consumer consumer's surplus consumption cost curve demand function downside risk Econ effect efficient elasticity equal equation equilibrium equity estimated exchange rate expected farms Figure firm foreign exchange foreign exchange market human capital implies income increase indifference curves industry inflation interest rate investment investors labor force LDCs marginal maximize measure ment mention THE AMERICAN monetary money illusion Nash equilibrium nomic optimal output P₁ paper Pareto optimal percent period Ph.D Phillips curve portfolio problem production profits rate of inflation ratio rational expectations regression regulation relative REVIEW When Writing risk aversion sector spells spot price subsidy Table tariff theory tion tive trade uncertainty unem unemployment University utility function variable wage Writing to Advertisers yields zero