The American Economic Review, Volume 70,Edições 3-5American 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. |
No interior do livro
Resultados 1-3 de 73
Página 818
... adjustment assumptions than those implicit in equation ( 14 ) of my paper . ' Indeed , I have been able to find only one class of adjustment mechanisms under which the fixed - prices model with proportional in- tersectoral factor ...
... adjustment assumptions than those implicit in equation ( 14 ) of my paper . ' Indeed , I have been able to find only one class of adjustment mechanisms under which the fixed - prices model with proportional in- tersectoral factor ...
Página 831
... adjustment equation is separable from the rest and implies that output always adjusts to the equilibrium level , regardless of the magnitude of the other variables of the model . In particular output is independent of price and expected ...
... adjustment equation is separable from the rest and implies that output always adjusts to the equilibrium level , regardless of the magnitude of the other variables of the model . In particular output is independent of price and expected ...
Página 832
... adjustment mechanism of the economy may be too weak to eliminate persistent unemployment " ( pp . 201-02 ) , is strengthened since it follows not only if entrepreneurs follow the Walrasian adjustment process , but also if they follow ...
... adjustment mechanism of the economy may be too weak to eliminate persistent unemployment " ( pp . 201-02 ) , is strengthened since it follows not only if entrepreneurs follow the Walrasian adjustment process , but also if they follow ...
Outras edições - Ver tudo
Palavras e frases frequentes
adjustment Amer analysis assets assumed assumption average behavior budget capital coefficient constant constraint consumer consumer's surplus consumption cost countries curve demand function differential distribution earnings Econ Economic effect efficient elasticity equal equation equilibrium estimates exchange rate expected utility Figure firm foreign exchange market given hypothesis implies income increase indifference curve indirect utility function individual industry inflation interest rate investment investor labor force lagged LDCs marginal marginal utility maximize measure ment monetary money illusion money supply Nash equilibrium nomic optimal output P₁ paper parameters percent period positive price level problem production profits quantity ratio rational expectations regression regulation relative risk aversion Section sector share spot price statistically substitution supply Table tariff Theory tion tive unemployment United University utility function variables wage welfare workers yields zero