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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... endogenous policy variable , but stability is related to the sign of the equilibrium multi- plier aP / OH when either g or B is made endogenous . In particular , when g is endoge- nous a positive sign for aP / H is necessary and ...
... endogenous policy variable , but stability is related to the sign of the equilibrium multi- plier aP / OH when either g or B is made endogenous . In particular , when g is endoge- nous a positive sign for aP / H is necessary and ...
Página 535
... ENDOGENOUS POLICY VARIABLE g or g ' or g " Stable iff JP / ǝH > 0 iff JP / JH > 0 Stable iff JP / JH > 0 Notes : See Table 1. The stability conditions above are obtained under the assumption that the equilibrium price level is positive ...
... ENDOGENOUS POLICY VARIABLE g or g ' or g " Stable iff JP / ǝH > 0 iff JP / JH > 0 Stable iff JP / JH > 0 Notes : See Table 1. The stability conditions above are obtained under the assumption that the equilibrium price level is positive ...
Página 536
endogenous , though it does not definitely establish stability except in the first Blinder- Solow model . Thus the above mentioned monetarist policy of fixing a moderate constant growth rate of the money stock with bonds as the endogenous ...
endogenous , though it does not definitely establish stability except in the first Blinder- Solow model . Thus the above mentioned monetarist policy of fixing a moderate constant growth rate of the money stock with bonds as the endogenous ...
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