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Página 182
tion between the relative price and relative outputs of nontraded and traded goods . Clearly , no small change in the structure of the model can change this counterfactual feature as long as the model is driven by technology shocks ...
tion between the relative price and relative outputs of nontraded and traded goods . Clearly , no small change in the structure of the model can change this counterfactual feature as long as the model is driven by technology shocks ...
Página 103
( 1986 ) in specifying variables relative to the incumbent ( Tagamet ) . In particular , using a log - log framework , we specify that in month t , demand quantities of product j relative to the incumbent [ In ( Q / Q1 ) = LNQJ1 ...
( 1986 ) in specifying variables relative to the incumbent ( Tagamet ) . In particular , using a log - log framework , we specify that in month t , demand quantities of product j relative to the incumbent [ In ( Q / Q1 ) = LNQJ1 ...
Página 144
Suppose further that f ( W ) denotes the probability density function of black female relative wages in the economy , with a central tendency measured by its median Wm . Then a sufficient increase in the relative supply of black women ...
Suppose further that f ( W ) denotes the probability density function of black female relative wages in the economy , with a central tendency measured by its median Wm . Then a sufficient increase in the relative supply of black women ...
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Evidence? | 17 |
The Effect of Institutions on Economic Behavior | 409 |
Theory of Contracts | 432 |
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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