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 754
... consumption with respect to capital , which is accordingly zero at the Golden Rule point of r = n . In the Davis model , the interest rate again describes the marginal product of capital , but the derivative of per capita net investment ...
... consumption with respect to capital , which is accordingly zero at the Golden Rule point of r = n . In the Davis model , the interest rate again describes the marginal product of capital , but the derivative of per capita net investment ...
Página 757
... consumption of the good minus the net outputs of the good by all firms . A program P for the economy consists of a vector of final consumption , a vector of net outputs for all goods for all firms , and a vector of net demands for all ...
... consumption of the good minus the net outputs of the good by all firms . A program P for the economy consists of a vector of final consumption , a vector of net outputs for all goods for all firms , and a vector of net demands for all ...
Página 793
... consumption bundle it generates , may be said to be preferred to another , and the expected consumption bundle it generates , if and only if ( a ) the two expected consumption bundles are different and ( b ) the same consumption bundle ...
... consumption bundle it generates , may be said to be preferred to another , and the expected consumption bundle it generates , if and only if ( a ) the two expected consumption bundles are different and ( b ) the same consumption bundle ...
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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