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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betas were calculated over the formation period.18 ( The first formation period was forty - eight months in length so that the portfolio data could be generated from January 1935 , the beginning month of the Fama - MacBeth study . ) 2 ...
betas were calculated over the formation period.18 ( The first formation period was forty - eight months in length so that the portfolio data could be generated from January 1935 , the beginning month of the Fama - MacBeth study . ) 2 ...
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... period 1 and 2 entrants must face restricted alternatives ( represented by ō and V ) . However , that appearance would be misleading . It could be that community formation in period 1 is perfectly competitive , meaning that initial ...
... period 1 and 2 entrants must face restricted alternatives ( represented by ō and V ) . However , that appearance would be misleading . It could be that community formation in period 1 is perfectly competitive , meaning that initial ...
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... periods 1 and 2 effectively face perfectly competitive situations where second - period entrants can also form their own community at the same opportunity costs , period 1 and 2 entrants would never even be willing to live together ...
... periods 1 and 2 effectively face perfectly competitive situations where second - period entrants can also form their own community at the same opportunity costs , period 1 and 2 entrants would never even be willing to live together ...
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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