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Página 141
Since the government's size and composition are exogenously determined , I do not address the issues surrounding ... The government chooses a sequence of values of μ ,, the proportion of its members permitted to issue money , with ...
Since the government's size and composition are exogenously determined , I do not address the issues surrounding ... The government chooses a sequence of values of μ ,, the proportion of its members permitted to issue money , with ...
Página 143
MONETARY EQUILIBRIUM EXISTS economy back to barter might induce the government to issue more money . Therefore this is the only kind of deviation from the proposed Nash equilibrium ( of the subgame ) that must be considered .
MONETARY EQUILIBRIUM EXISTS economy back to barter might induce the government to issue more money . Therefore this is the only kind of deviation from the proposed Nash equilibrium ( of the subgame ) that must be considered .
Página 461
Ashenfelter commented briefly on his written report which is published elsewhere in this issue of the AER . He noted in particular the turnover of Co - Editors and the rise in the number of submissions to about 1,000 .
Ashenfelter commented briefly on his written report which is published elsewhere in this issue of the AER . He noted in particular the turnover of Co - Editors and the rise in the number of submissions to about 1,000 .
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Índice
Evidence? | 17 |
The Effect of Institutions on Economic Behavior | 409 |
Theory of Contracts | 432 |
Direitos de autor | |
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aggregate analysis assume average bank behavior benefits capital central changes choice coefficient condition consumption contract correlation cost countries decision demand depends discussion Economic effect employment equal equation equilibrium estimates evidence example expected firms function given growth higher households important income increase individual industry inflation interest International issue Journal labor less lower marginal mean measure ment monetary Notes observations output percent period player political population positive possible preferences Press probability problem question ratio reduce regression relative reported Research response Review risk rules sample schooling sector shocks significant social spending standard statistically studies suggests Table theory tion trade transfer United University utility variables wage welfare workers