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 297
it lowers its relative per capita income . The favorable effect on relative total income of the South of the improvement in relative employment is not sufficient to offset the decline in relative per capita incomes . N Technological ...
it lowers its relative per capita income . The favorable effect on relative total income of the South of the improvement in relative employment is not sufficient to offset the decline in relative per capita incomes . N Technological ...
Página 410
... relative demand shift for their good or service , as opposed to a change in the general price level . In short , the greater ( smaller ) the variance o2 of the general price level relative to the variance +2 of the market - specific ...
... relative demand shift for their good or service , as opposed to a change in the general price level . In short , the greater ( smaller ) the variance o2 of the general price level relative to the variance +2 of the market - specific ...
Página 718
... relative price of commodity 2 , p ( a ) , depends only on the state a . Domestic relative commodity prices p ( a ) , a = 1,2 , ... , S , depend on domestic policies like tariffs or quotas . The above formulation is general enough to ...
... relative price of commodity 2 , p ( a ) , depends only on the state a . Domestic relative commodity prices p ( a ) , a = 1,2 , ... , S , depend on domestic policies like tariffs or quotas . The above formulation is general enough to ...
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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