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 464
... income transfers not maximized . Public provision in excess of twelve units results in a net social and individual welfare loss as previously demonstrated . III . Other Utility Functions A. Symmetrical Income Distribution If we now ...
... income transfers not maximized . Public provision in excess of twelve units results in a net social and individual welfare loss as previously demonstrated . III . Other Utility Functions A. Symmetrical Income Distribution If we now ...
Página 479
... income equality ( the P curve ) excludes interage inequality . Paglin intended the P curve to reflect equal lifetime incomes adjusted for the life cycle effects inherent in the age - income profile ( 1975 , pp . 599-601 ) . Paglin uses ...
... income equality ( the P curve ) excludes interage inequality . Paglin intended the P curve to reflect equal lifetime incomes adjusted for the life cycle effects inherent in the age - income profile ( 1975 , pp . 599-601 ) . Paglin uses ...
Página 480
... income profile and presumably has only mathematical significance and is thus not relevant in measuring income inequality . Paglin demonstrates this . Indeed , it is a primal point of his paper and the reason he discards a in the ...
... income profile and presumably has only mathematical significance and is thus not relevant in measuring income inequality . Paglin demonstrates this . Indeed , it is a primal point of his paper and the reason he discards a in the ...
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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 functions 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 preferences 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