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 839
... share prices to rise during a decade of substantial inflation . Indeed , the share value per dollar of pretax earnings actually fell from 10.82 in 1967 to 6.65 in 1976. ' The analysis here indicates that this inverse relation between ...
... share prices to rise during a decade of substantial inflation . Indeed , the share value per dollar of pretax earnings actually fell from 10.82 in 1967 to 6.65 in 1976. ' The analysis here indicates that this inverse relation between ...
Página 841
... share do not grow over time and there is no change in the value per share . The individual pays personal tax at rate on the earnings that he receives . The individual's net earnings per share are thus ( 1-0 ) ( 1 − T ) p . A simple ...
... share do not grow over time and there is no change in the value per share . The individual pays personal tax at rate on the earnings that he receives . The individual's net earnings per share are thus ( 1-0 ) ( 1 − T ) p . A simple ...
Página 846
... shares is reduced by the inflation from $ 700 billion to $ 568 billion even though they hold an increased number of shares . E A lower initial value per share does not change the conclusion that the share price falls but does reduce the ...
... shares is reduced by the inflation from $ 700 billion to $ 568 billion even though they hold an increased number of shares . E A lower initial value per share does not change the conclusion that the share price falls but does reduce the ...
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Palavras e frases frequentes
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