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 418
... consider possible modifications of these assumptions which might make the model more consistent with the data . Three basic assumptions of the Lucas model are that : A. " cyclical movements result mainly from demand shifts " ( Lucas ...
... consider possible modifications of these assumptions which might make the model more consistent with the data . Three basic assumptions of the Lucas model are that : A. " cyclical movements result mainly from demand shifts " ( Lucas ...
Página 463
... Consider an extreme example of a proposal for a total public supply of twenty - four units , or eight units each . This supply would exhaust indi- vidual and total community income . If we assume an open economy extending beyond this ...
... Consider an extreme example of a proposal for a total public supply of twenty - four units , or eight units each . This supply would exhaust indi- vidual and total community income . If we assume an open economy extending beyond this ...
Página 782
... consider equation ( 19 ) . Setting Ae , to zero , and solving for p1 yields ( 21 ) e1 = Pt This 45 ° line through the origin may be called the exchange equilibrium line , and it coincides with the trade balance equilibrium or purchasing ...
... consider equation ( 19 ) . Setting Ae , to zero , and solving for p1 yields ( 21 ) e1 = Pt This 45 ° line through the origin may be called the exchange equilibrium line , and it coincides with the trade balance equilibrium or purchasing ...
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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 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