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 375
Next Period Consumption B Со Current Consumption FIGURE 2 2 interest at which the household can either borrow or lend from the current period until the next . Treating consumption after period 1 as given and fixed with a present utility ...
Next Period Consumption B Со Current Consumption FIGURE 2 2 interest at which the household can either borrow or lend from the current period until the next . Treating consumption after period 1 as given and fixed with a present utility ...
Página 377
... consumption . Whether survival is at issue or not , house- holds may prefer relatively even levels of consumption ; the memory of a period of lavish consumption might make periods of low consumption intolerable , or the pros- pect of ...
... consumption . Whether survival is at issue or not , house- holds may prefer relatively even levels of consumption ; the memory of a period of lavish consumption might make periods of low consumption intolerable , or the pros- pect of ...
Página 757
... consumption , a vector of net outputs for all goods for all firms , and a vector of net demands for all goods . The program P chosen by the planning bureau must be feasible from the consumers ' point of view . Let us assume that the ...
... consumption , a vector of net outputs for all goods for all firms , and a vector of net demands for all goods . The program P chosen by the planning bureau must be feasible from the consumers ' point of view . Let us assume that the ...
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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