The American Economic Review, Volume 97American Economic Association., 2007 |
No interior do livro
Resultados 1-3 de 69
Página 1379
... sector M1 ; the equilibrium in sector M2 will be its mirror image . Thus , to simplify notation , we drop the subscript 1 from now on , and simply refer to sector M as the " manufacturing " sector . The international market - clearing ...
... sector M1 ; the equilibrium in sector M2 will be its mirror image . Thus , to simplify notation , we drop the subscript 1 from now on , and simply refer to sector M as the " manufacturing " sector . The international market - clearing ...
Página 1392
... sector is free : that is , own- ers of capital in the N sector can freely move to the M sector if they wish . A more symmetric specification , where there is friction in capital mobility also from the N sector to the M sector , would ...
... sector is free : that is , own- ers of capital in the N sector can freely move to the M sector if they wish . A more symmetric specification , where there is friction in capital mobility also from the N sector to the M sector , would ...
Página 1397
... sector does not affect the returns to capital in the long run ( when capital is perfectly mobile ) . This is due to the fact that the returns to capital in the N sector are indepen- dent of the capital allocation . An important con ...
... sector does not affect the returns to capital in the long run ( when capital is perfectly mobile ) . This is due to the fact that the returns to capital in the N sector are indepen- dent of the capital allocation . An important con ...
Índice
EDMUND S PHELPS | 541 |
O 2 0 2007 | 713 |
ALMA COHEN AND LIRAN EINAV | 745 |
Direitos de autor | |
8 outras secções não apresentadas
Outras edições - Ver tudo
Palavras e frases frequentes
agents aggregate American Economic Review analysis assets assume assumption average behavior benchmark Beveridge curve business cycles candidates capital changes choice coefficient cointegration consumer consumption contracts correlation cost of business countercyclical deductible degree distributions distribution durables effect empirical equation equilibrium estimated exchange expected Figure firms function given growth HIP model households implies impulse responses income increase individuals inflation inventory investment investment rate Journal of Economics labor market loss aversion marginal likelihood matching Matthew Rabin ment Michael Woodford monetary policy nodes nomic observed optimal output pairs paper parameters patients percent policy shock post.com preferences procyclical production Proposition random regime relative response risk aversion sample Section sector Shapley value side payments simulations sticky prices stochastic Table theory tion tradable unemployment utility variables variance volatility vouchers wage workers Yangzi Delta