## 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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**countries**are given in Table 5 . As was noted in the discussion of Table 1 , the positive relationship between the esti- mates of of and 2 , which is predicted by the Lucas model , is not always apparent in the behavior of our estimates ...Página 417

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**countries**with the greatest increase in inflation vari- ance . In the other three**countries**experi- encing substantial increases in inflation variance however , the Chow statistic is in- significant . Furthermore , the coefficient on ...Página 958

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**countries**export what they have home markets for . The results were arrived at , however , only for a special case designed to make matters as simple as possible . Our next question must be the extent to which these results generalize ...### 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