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 423
... preferences . In this simple case it is feasible to provide a taxonomy of results . In more general cases we provide formulas which are applicable for any number of commodities and nonhomothetic consumer preferences . For these cases we ...
... preferences . In this simple case it is feasible to provide a taxonomy of results . In more general cases we provide formulas which are applicable for any number of commodities and nonhomothetic consumer preferences . For these cases we ...
Página 431
... preferences at any specified values for prices and income . However , given the parameters ( either theoretically or by statistical estimation ) , consumer preferences are established not only for the base point but also for all ...
... preferences at any specified values for prices and income . However , given the parameters ( either theoretically or by statistical estimation ) , consumer preferences are established not only for the base point but also for all ...
Página 938
... Preferences We take up first the case in which income remains unchanged.10 We show that for the generalized compensating variation to be an acceptable measure of welfare change in this case , it is necessary and sufficient that preferences ...
... Preferences We take up first the case in which income remains unchanged.10 We show that for the generalized compensating variation to be an acceptable measure of welfare change in this case , it is necessary and sufficient that preferences ...
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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