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 504
... efficient quantity , t * is the tax price calculated from the efficient schedule , and k indicates the median value . * z * − z = n2 , ( t * - - Z tk When the tax system imposes an excess burden , the social cost of the public good ...
... efficient quantity , t * is the tax price calculated from the efficient schedule , and k indicates the median value . * z * − z = n2 , ( t * - - Z tk When the tax system imposes an excess burden , the social cost of the public good ...
Página 565
... efficiency " of the foreign exchange markets during the current float and during the previous adjustable peg period . ' An " efficient " market is one in which the current price fully reflects all relevant available information ...
... efficiency " of the foreign exchange markets during the current float and during the previous adjustable peg period . ' An " efficient " market is one in which the current price fully reflects all relevant available information ...
Página 1031
... efficient allocation of resources . Since the conflict curve DG intersects the recipient's initial indifference curve U ,, it is possible to attain an efficient allocation without making the recipient better off . Since it intersects ...
... efficient allocation of resources . Since the conflict curve DG intersects the recipient's initial indifference curve U ,, it is possible to attain an efficient allocation without making the recipient better off . Since it intersects ...
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adjustment analysis assets assumed assumption average behavior capital coefficient consider constant consumer consumption cost countries curve defined demand depends derived determined developed discussion distribution earnings Econ Economic effect efficient equal equation equilibrium estimates example exchange exist expected Figure firm follows foreign function given growth hold implies important income increase individual industry inflation initial interest International investment labor less marginal maximize mean measure ment monetary Note observed obtained optimal output percent period positive possible preferences present problem production profits quantity ratio reduced regulation relative respect risk saving share social substitution supply Table Theory tion trade unemployment United University utility utility function variables wage welfare workers yields zero