The American Economic Review, Volume 85,Edições 1-3American Economic Association, 1995 |
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Página 123
... Sector Wage F eM ep Effort Devoted to Market Work Effort Devoted to Primitive - Sector Work returns to labor . Differentiating ( 12 ) shows this curve to be concave to the horizontal axis . Moreover , as population ( N ) grows , this ...
... Sector Wage F eM ep Effort Devoted to Market Work Effort Devoted to Primitive - Sector Work returns to labor . Differentiating ( 12 ) shows this curve to be concave to the horizontal axis . Moreover , as population ( N ) grows , this ...
Página 129
... sector . Although per capita product in the market sector rises with population , N , the increase is slight if 1 - a is near zero . Effort shifts to the mar- ket sector in response to the higher popula- tion , but the returns to eм ...
... sector . Although per capita product in the market sector rises with population , N , the increase is slight if 1 - a is near zero . Effort shifts to the mar- ket sector in response to the higher popula- tion , but the returns to eм ...
Página 270
... sector's concern for employment is a " welfarist " one : the public sector seeks to maximize social welfare . With widespread prevalence of unemployment in Bangladesh , the shadow price of labor is less than the wage rate , so that a ...
... sector's concern for employment is a " welfarist " one : the public sector seeks to maximize social welfare . With widespread prevalence of unemployment in Bangladesh , the shadow price of labor is less than the wage rate , so that a ...
Índice
Evidence? | 17 |
Dan Kovenock and Gordon Phillips | 403 |
The Effect of Institutions on Economic Behavior | 409 |
Direitos de autor | |
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aggregate analysis assume average behavior benefits bill rate Bretton Woods Cambridge cartels central bank cheap talk choice coefficient consumption contract correlation cost countries deutsche mark drug effect employment equation estimates evidence expected fiat money firms forecast genotype growth households human capital hypothesis implies incentive income increase individual industry inflation investment Journal of Economic labor market lagged liquidity constraints marginal Medicaid ment minimum wage monetary policy monomorphic Nash equilibrium National nomic nontraded null hypothesis optimal output paper payoff function percent player political population preferences problem quota ratio reduce regression relative Research response revenue risk Robert sample sector shocks significant social Solow residuals spending statistically strategy studies supply shocks symmetric Nash Table tax rates theory tion tive trade University utility variables voters welfare workers y₁ zero