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 333
... equation can be controlling simultaneously for the influence of other variables in other equations . For this reason , even though the model's equations are overidentified according to counts of variables , the equations may not be ...
... equation can be controlling simultaneously for the influence of other variables in other equations . For this reason , even though the model's equations are overidentified according to counts of variables , the equations may not be ...
Página 335
... equation restricted by excluding a subset of the predetermined variables . The denominator is the sum of squared residuals with all of the predetermined variables entered in the equation . Hence , a large value of A indicates that the ...
... equation restricted by excluding a subset of the predetermined variables . The denominator is the sum of squared residuals with all of the predetermined variables entered in the equation . Hence , a large value of A indicates that the ...
Página 578
the forward rate x2 ( t ) . The former is described by equation ( 6 ) and the latter is described by equation ( 23 ) . In both equations the anticipated price Ep * ( t + 1 ; t ) is a parameter . ( 23 ) x2 ( t ) = 91 + 1 ( t ) −p ( t ) ...
the forward rate x2 ( t ) . The former is described by equation ( 6 ) and the latter is described by equation ( 23 ) . In both equations the anticipated price Ep * ( t + 1 ; t ) is a parameter . ( 23 ) x2 ( t ) = 91 + 1 ( t ) −p ( t ) ...
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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