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 743
tion means that the effective cost of adding one additional unit of capital is simply the market price of capital goods . If there exists some fixed cost associated with any investment , then we would have ' ( 0 ) > 1 instead of ' ( 0 ) ...
tion means that the effective cost of adding one additional unit of capital is simply the market price of capital goods . If there exists some fixed cost associated with any investment , then we would have ' ( 0 ) > 1 instead of ' ( 0 ) ...
Página 751
tion of equity and efficiency considerations may be justified . ( For a further development of this argument , see Appendix 9A of my book . ) Moreover , even if the separation of equity and efficiency considerations is not accepted ...
tion of equity and efficiency considerations may be justified . ( For a further development of this argument , see Appendix 9A of my book . ) Moreover , even if the separation of equity and efficiency considerations is not accepted ...
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tion - related spurious element in measured personal saving . In a different context , Feldstein and Summers ( 1977 ) observed that the rate of profit , when measured as the ratio of profits - before - interest payments to capital stock ...
tion - related spurious element in measured personal saving . In a different context , Feldstein and Summers ( 1977 ) observed that the rate of profit , when measured as the ratio of profits - before - interest payments to capital stock ...
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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 |