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 512
... investment should take place in city i . The condition P > 0 implies y ; = 0 ; i.e. , if it is profitable to undertake public investment in city i , it should be carried out to the point where marginal social benefits equal marginal ...
... investment should take place in city i . The condition P > 0 implies y ; = 0 ; i.e. , if it is profitable to undertake public investment in city i , it should be carried out to the point where marginal social benefits equal marginal ...
Página 740
... investment theory on the following grounds . In Jorgenson's theory , " desired " capital stock is first determined and then investment is derived as a process induced by the discrepancy between the desired capital stock and current ...
... investment theory on the following grounds . In Jorgenson's theory , " desired " capital stock is first determined and then investment is derived as a process induced by the discrepancy between the desired capital stock and current ...
Página 803
... investment . Ceteris paribus , it is this limitation on investment choice that diminishes the general willingness of individuals to save in a labor - managed economy . From the standpoint of any decision maker , legal investment ...
... investment . Ceteris paribus , it is this limitation on investment choice that diminishes the general willingness of individuals to save in a labor - managed economy . From the standpoint of any decision maker , legal investment ...
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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