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 298
... respect to r , using the fact that the elasticity of 0 * with respect to r is minus unity . This yields the result that ( 28 ) r dλ * X * dr depending on whether ( 29 ) 0 * m λαμ · NN + ns 1+ - [ 0 * − ( 1 − o ) ū ] rkš μ The ...
... respect to r , using the fact that the elasticity of 0 * with respect to r is minus unity . This yields the result that ( 28 ) r dλ * X * dr depending on whether ( 29 ) 0 * m λαμ · NN + ns 1+ - [ 0 * − ( 1 − o ) ū ] rkš μ The ...
Página 513
... respect to quality exceeds the elasticity with respect to housing , the optimal strategy is to invest only in one city - the city with the initially highest - quality level . If , on the other hand , the elasticity of the utility ...
... respect to quality exceeds the elasticity with respect to housing , the optimal strategy is to invest only in one city - the city with the initially highest - quality level . If , on the other hand , the elasticity of the utility ...
Página 624
... respect to P * , substituting into equation ( A4 ) and solving yields d ( W / P ) = dP * · 1 } [ P ̧X3 ( n − 1 ) ( X ; ) - × ( Cd + ( P / P ̧ ) Vg ) ] d ( W / Pc ) zo as n≥1 dP * d ( e / Pc ) = { } { [ ( Pe / W ) X * ( n − 1 ) ( C ...
... respect to P * , substituting into equation ( A4 ) and solving yields d ( W / P ) = dP * · 1 } [ P ̧X3 ( n − 1 ) ( X ; ) - × ( Cd + ( P / P ̧ ) Vg ) ] d ( W / Pc ) zo as n≥1 dP * d ( e / Pc ) = { } { [ ( Pe / W ) X * ( n − 1 ) ( C ...
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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