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 435
... monetary independence implies that the monetary authority is able to force the movement of the small country's price level and interest rates to diverge from those of the large country , G - R exclude the differen- tials of prices and ...
... monetary independence implies that the monetary authority is able to force the movement of the small country's price level and interest rates to diverge from those of the large country , G - R exclude the differen- tials of prices and ...
Página 499
... monetary or labor market rules in formulating inflationary expectations are re- placed by the single premise that ... monetary balance equation in the neo- Keynesian structure ( my expression ( 5 ) ) and the monetary model of ...
... monetary or labor market rules in formulating inflationary expectations are re- placed by the single premise that ... monetary balance equation in the neo- Keynesian structure ( my expression ( 5 ) ) and the monetary model of ...
Página 976
... monetary growth and the inflation prediction approaches may be thought of as alternative hypotheses regarding the formu- lation of monetary growth policy and its optimal prediction . " Equations ( 3 ) and ( 5 ) , when using past monetary ...
... monetary growth and the inflation prediction approaches may be thought of as alternative hypotheses regarding the formu- lation of monetary growth policy and its optimal prediction . " Equations ( 3 ) and ( 5 ) , when using past monetary ...
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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 function 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 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