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 839
... inflation . Indeed , the share value per dollar of pretax earnings actually fell from 10.82 in 1967 to 6.65 in 1976. ' The analysis here indicates that this inverse relation between higher inflation and lower share prices during the ...
... inflation . Indeed , the share value per dollar of pretax earnings actually fell from 10.82 in 1967 to 6.65 in 1976. ' The analysis here indicates that this inverse relation between higher inflation and lower share prices during the ...
Página 987
... inflation series which yielded the best fit . Generally the unexpected inflation series was derived from the best predictor used earlier , but the results of the tests are robust to all methods of predicting inflation previously used ...
... inflation series which yielded the best fit . Generally the unexpected inflation series was derived from the best predictor used earlier , but the results of the tests are robust to all methods of predicting inflation previously used ...
Página 1023
... inflation has produced a reduction in the efficiency of the price system in guiding economic activity and a consequent reduction in output . From these two ... inflation , VOL . 70 NO . 5 1023 LEVI AND MAKIN : INFLATION UNCERTAINTY.
... inflation has produced a reduction in the efficiency of the price system in guiding economic activity and a consequent reduction in output . From these two ... inflation , VOL . 70 NO . 5 1023 LEVI AND MAKIN : INFLATION UNCERTAINTY.
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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