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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and the General Price Level : A Suggested Interpretation By ALEX CUKIERMAN * An Application of the Girton - Roper Monetary Model By. In a thought - provoking ... Prices and the General Price Level: A Suggested Interpretation Alex Cukierman.
and the General Price Level : A Suggested Interpretation By ALEX CUKIERMAN * An Application of the Girton - Roper Monetary Model By. In a thought - provoking ... Prices and the General Price Level: A Suggested Interpretation Alex Cukierman.
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... Price Level and its Distribution The general price level Q , is defined as a fixed - weight index of the prices in individual markets , with weight u ( v ) assigned to market v . ( 6 ) Q1 = Σ u ( v ) p , ( v ) Σ u ( v ) = 1 u ( v ) > 0 ...
... Price Level and its Distribution The general price level Q , is defined as a fixed - weight index of the prices in individual markets , with weight u ( v ) assigned to market v . ( 6 ) Q1 = Σ u ( v ) p , ( v ) Σ u ( v ) = 1 u ( v ) > 0 ...
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... value of the price level , they all pool the information on their own price and on Q , in an identical manner as suggested by equation ( 18 ) . However , this results in different point esti- mates of the expected aggregate price level ...
... value of the price level , they all pool the information on their own price and on Q , in an identical manner as suggested by equation ( 18 ) . However , this results in different point esti- mates of the expected aggregate price level ...
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