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 976
... monetary growth and the inflation prediction approaches may be thought of as alternative hypotheses regarding the formulation of monetary growth policy and its optimal prediction . " Equations ( 3 ) and ( 5 ) , when using past monetary ...
... monetary growth and the inflation prediction approaches may be thought of as alternative hypotheses regarding the formulation of monetary growth policy and its optimal prediction . " Equations ( 3 ) and ( 5 ) , when using past monetary ...
Página 982
cannot be rejected.17 For Colombia , Mexico , and Peru , monetary growth is predicted slightly better by lagged monetary growth than by past inflation , but neither regression is really significant . ( The corresponding ratio of SEES is ...
cannot be rejected.17 For Colombia , Mexico , and Peru , monetary growth is predicted slightly better by lagged monetary growth than by past inflation , but neither regression is really significant . ( The corresponding ratio of SEES is ...
Página 984
... monetary growth less lagged inflation ( December to December ) provides a more significant explanation of deviations from trend growth than any of the other more complicated forms . The previous autocorrelation in the residuals is now ...
... monetary growth less lagged inflation ( December to December ) provides a more significant explanation of deviations from trend growth than any of the other more complicated forms . The previous autocorrelation in the residuals is now ...
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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