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 840
... interest that can be earned by investing in bonds . It is clear that this argument should be rejected since the higher nominal rate of interest generally corresponds to an unchanged real rate of interest . Indeed , since the entire ...
... interest that can be earned by investing in bonds . It is clear that this argument should be rejected since the higher nominal rate of interest generally corresponds to an unchanged real rate of interest . Indeed , since the entire ...
Página 995
... interest income with Hicks income derived from interestbearing net assets . The spurious element appearing in the conventional measure is the difference between net interest receipts and Hicks income . Let us extend these ideas to a ...
... interest income with Hicks income derived from interestbearing net assets . The spurious element appearing in the conventional measure is the difference between net interest receipts and Hicks income . Let us extend these ideas to a ...
Página 1004
... Interest Rates , and the Yield Curve , ” J. Money , Credit , Banking , Aug. 1972 , 4 , 582-94 . .9 J. E. Pesando , and L. B. Smith , " Tax Effects , Price Expectations and the Nominal Rate of Interest , " Econ . Inquiry , June 1976 , 14 ...
... Interest Rates , and the Yield Curve , ” J. Money , Credit , Banking , Aug. 1972 , 4 , 582-94 . .9 J. E. Pesando , and L. B. Smith , " Tax Effects , Price Expectations and the Nominal Rate of Interest , " Econ . Inquiry , June 1976 , 14 ...
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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