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 915
... equal to one if race black , zero otherwise . The ratio of potential Social Security benefits to the hourly wage rate ( see the Appendix ) . The ratio of local welfare to the hourly wage rate ( see the Appendix ) . Fraction of year ...
... equal to one if race black , zero otherwise . The ratio of potential Social Security benefits to the hourly wage rate ( see the Appendix ) . The ratio of local welfare to the hourly wage rate ( see the Appendix ) . Fraction of year ...
Página 956
... equal the income of the appropriate group in the population : ( 19 ) nрx = wL ; ñpx = ŵĹ But wages of the two groups must be equal , as must the prices and outputs of any products of either industry . So this reduces to the result n / ñ ...
... equal the income of the appropriate group in the population : ( 19 ) nрx = wL ; ñpx = ŵĹ But wages of the two groups must be equal , as must the prices and outputs of any products of either industry . So this reduces to the result n / ñ ...
Página 1102
... equal marginal cost in the f = 0 limit . How- ever , I have demonstrated elsewhere ( 1979b ) that price should not equal site - specific marginal production costs as long as t > 0 . Price should exceed plant marginal costs in order to ...
... equal marginal cost in the f = 0 limit . How- ever , I have demonstrated elsewhere ( 1979b ) that price should not equal site - specific marginal production costs as long as t > 0 . Price should exceed plant marginal costs in order to ...
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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