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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... equal to the market determined price p , since his tax share 7 , equals his benefit share a . Individuals with less ( greater ) than median income will have tax prices , p , less ( greater ) than p since their tax share , T ,, is less ...
... equal to the market determined price p , since his tax share 7 , equals his benefit share a . Individuals with less ( greater ) than median income will have tax prices , p , less ( greater ) than p since their tax share , T ,, is less ...
Página 463
... ( equal ) income distribution . Individual 2 in this example is actually indifferent to collective allocation or ... equal to $ 1 , then each individual will have a final equilibrium of E2 where each individual will sell four units of his ...
... ( equal ) income distribution . Individual 2 in this example is actually indifferent to collective allocation or ... equal to $ 1 , then each individual will have a final equilibrium of E2 where each individual will sell four units of his ...
Página 464
... equals the market price . The restrictions of proportional income taxes and a symmetrical income distribution insure that the average tax share equals the median tax share . Equal benefit shares insure that the average benefit share will ...
... equals the market price . The restrictions of proportional income taxes and a symmetrical income distribution insure that the average tax share equals the median tax share . Equal benefit shares insure that the average benefit share will ...
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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