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. |
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Página 420
... assumptions , that nominal income is demand determined , takes explicit form in his assumption that the aggregate demand curve is unit elastic . If aggregate demand is not unit elastic , shifts in the supply schedule will cause changes ...
... assumptions , that nominal income is demand determined , takes explicit form in his assumption that the aggregate demand curve is unit elastic . If aggregate demand is not unit elastic , shifts in the supply schedule will cause changes ...
Página 511
transportation functions in the relevant range . = ASSUMPTION 1 : RAR ^ for all iЄM , and t ( x ) = f ( x ) for all x E [ 0 , max Slie M. ¡ EM This assumption enables us to derive the following proposition : PROPOSITION 2 : Under Assumption ...
transportation functions in the relevant range . = ASSUMPTION 1 : RAR ^ for all iЄM , and t ( x ) = f ( x ) for all x E [ 0 , max Slie M. ¡ EM This assumption enables us to derive the following proposition : PROPOSITION 2 : Under Assumption ...
Página 662
... assumption of stationary return distributions does not imply stationary B. Since r ,,, being endogenous , is a function of the investors ' initial wealth , their risk aversion , the size of the market , and the lending - borrowing ...
... assumption of stationary return distributions does not imply stationary B. Since r ,,, being endogenous , is a function of the investors ' initial wealth , their risk aversion , the size of the market , and the lending - borrowing ...
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adjustment Amer analysis assets assumed assumption average behavior budget capital coefficient constant constraint consumer consumer's surplus consumption cost countries curve demand functions 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 preferences 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