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 451
... measure of welfare loss is WTAC , the compensation which would keep the loser at his initial welfare level ; and the equivalent measure is WTPE , the loser's willingness to pay to avoid the quantity reduction from Q " to Q ' which , if ...
... measure of welfare loss is WTAC , the compensation which would keep the loser at his initial welfare level ; and the equivalent measure is WTPE , the loser's willingness to pay to avoid the quantity reduction from Q " to Q ' which , if ...
Página 479
... measure of income inequality . ' Paglin's contribution lies in the development of a basic revision of the Lorenz curve from which a new Gini measure of inequality is constructed . His new line of income equality ( the P curve ) excludes ...
... measure of income inequality . ' Paglin's contribution lies in the development of a basic revision of the Lorenz curve from which a new Gini measure of inequality is constructed . His new line of income equality ( the P curve ) excludes ...
Página 482
... measure is bounded above by the [ L- ] Gini rather than unity " ( p.498 ) . It is true that if a = 0 , the P - Gini ... measure which is not bounded on the 0-1 interval and which overstates the decline of income inequality . Even with ...
... measure is bounded above by the [ L- ] Gini rather than unity " ( p.498 ) . It is true that if a = 0 , the P - Gini ... measure which is not bounded on the 0-1 interval and which overstates the decline of income inequality . Even with ...
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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