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 sched- ule , and k indicates the median value . “ When the tax system imposes an excess burden , the social cost of the public good exceeds the resource cost so ...
... efficient quantity , t * is the tax price calculated from the efficient sched- ule , and k indicates the median value . “ When the tax system imposes an excess burden , the social cost of the public good exceeds the resource cost so ...
Página 565
... efficient " market is one in which the current price fully reflects all relevant available informa- tion concerning the evolution of the system from the conditions prevailing at time t to those that will occur at t + 1 . The research ...
... efficient " market is one in which the current price fully reflects all relevant available informa- tion concerning the evolution of the system from the conditions prevailing at time t to those that will occur at t + 1 . The research ...
Página 1031
... efficient allocations . Points in the shaded area are preferred by both people to the allocation in the absence of ... efficient allocation of resources . Since the conflict curve DG intersects the recipient's initial indifference curve ...
... efficient allocations . Points in the shaded area are preferred by both people to the allocation in the absence of ... efficient allocation of resources . Since the conflict curve DG intersects the recipient's initial indifference curve ...
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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