The American Economic Review, Volume 69,Edições 3-5American Economic Association., 1979 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 611
... differential minus the expected inflation differential . If the nominal interest differen- tial is high because money is tight , then the exchange rate lies below its equilibrium value . But if the nominal interest differential is high ...
... differential minus the expected inflation differential . If the nominal interest differen- tial is high because money is tight , then the exchange rate lies below its equilibrium value . But if the nominal interest differential is high ...
Página 614
... differential is the same as that given in the derivation of equation ( 7 ) , and indeed equa- tion ( 11 ) is ... differential theory where the adjustment to equilibrium is assumed instan- taneous ; that is , 0 is infinite , which of ...
... differential is the same as that given in the derivation of equation ( 7 ) , and indeed equa- tion ( 11 ) is ... differential theory where the adjustment to equilibrium is assumed instan- taneous ; that is , 0 is infinite , which of ...
Página 615
... differential are Consumer Price Index ( CPI ) inflation differential ( average for past year ) , industrial Wholesale Price Index ( WPI ) inflation differential ( average for past year ) , and long - term commercial bond rate differential ...
... differential are Consumer Price Index ( CPI ) inflation differential ( average for past year ) , industrial Wholesale Price Index ( WPI ) inflation differential ( average for past year ) , and long - term commercial bond rate differential ...
Índice
S S BHALLA Measurement Errors and the Permanent Income Hypothesis | 306 |
W P BUTZ AND M P WARD | 318 |
E N WOLFF The Rate of Surplus Value the Organic Composition | 329 |
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adjustment aggregate Amer analysis assumed assumption average behavior bounded rationality capital coefficient commodity constant consumer consumer's surplus consumption cost curve decision decision theory demand derived differential distribution Econ effect elasticity empirical employment endogenous equal equation error estimated example exchange rate exogenous expected utility expected value factor firm growth income income effect increase indifference curves individual industry inflation input investment labor layoff marginal Marshallian surplus maximize measure ment migration monetarist monetary money supply negative optimal output paper percent period policy variable positive predicted price change price level problem production progressive taxes purchasing power parity rational expectations regression relative price retirement REVIEW When Writing risk Section shadow prices Social Security solution supply Table theoretical theory tion trade transfers University utility function variance vector wage rate wealth welfare zero