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 646
... Consider the case of inelastic money demand . The safety trap implies that the demand for bonds increases in proportion to the capital stock : db = Bdk . With inelastic money demand , the money supply also increases with the capital ...
... Consider the case of inelastic money demand . The safety trap implies that the demand for bonds increases in proportion to the capital stock : db = Bdk . With inelastic money demand , the money supply also increases with the capital ...
Página 780
... consider the full stock / flow equilibrium conditions holding at t = - 1. For simplicity , and without loss of generality , log K from equation ( 4 ) and b ' from equation ( 8 ) are set equal to zero . At t = 1 , the definition of ...
... consider the full stock / flow equilibrium conditions holding at t = - 1. For simplicity , and without loss of generality , log K from equation ( 4 ) and b ' from equation ( 8 ) are set equal to zero . At t = 1 , the definition of ...
Página 782
... consider equation ( 19 ) . Setting Ae , to zero , and solving for p , yields ( 21 ) e1 = Pt This 45 ° line through the origin may be called the exchange equilibrium line , and it coincides with the trade balance equilibrium or ...
... consider equation ( 19 ) . Setting Ae , to zero , and solving for p , yields ( 21 ) e1 = Pt This 45 ° line through the origin may be called the exchange equilibrium line , and it coincides with the trade balance equilibrium or ...
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Palavras e frases frequentes
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
Informação bibliográfica
| Título | The American Economic Review, Volume 70 The American Economic Review, American Economic Association |
| Colaborador | American Economic Association |
| Editora | American Economic Association., 1980 |
| Original de | Universidade da Califórnia |
| Digitalizado | 9 Jul 2008 |
| Exportar citação | BiBTeX EndNote RefMan |