The American Economic Review, Volume 69,Edições 1-2American 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 68
... equilibrium . Similar notions of equilibrium have been articulated in different situations by Roy Radner and by Leonid Hurwicz , Radner , and Stanley Reiter ; its emergence in the present context further demonstrates that it is a ...
... equilibrium . Similar notions of equilibrium have been articulated in different situations by Roy Radner and by Leonid Hurwicz , Radner , and Stanley Reiter ; its emergence in the present context further demonstrates that it is a ...
Página 124
... equilibrium may entail zero involuntary unemployment . ( For example , S ( w ) could measure the total ap- plicants per firm . ) However , equilibrium does imply that only the minimum wage firm may have a binding queue . In equilib ...
... equilibrium may entail zero involuntary unemployment . ( For example , S ( w ) could measure the total ap- plicants per firm . ) However , equilibrium does imply that only the minimum wage firm may have a binding queue . In equilib ...
Página 105
... equilibrium v denoted z . Once again , equilibrium requires ( 16 ) π = 0 ( zero profit condition ) = Thus , adopting the same normalizations as in the previous model and defining v L'v ' , where L ' and v are the equilibrium values ...
... equilibrium v denoted z . Once again , equilibrium requires ( 16 ) π = 0 ( zero profit condition ) = Thus , adopting the same normalizations as in the previous model and defining v L'v ' , where L ' and v are the equilibrium values ...
Índice
VOLUME 69 NUMBER | 9 |
Appropriative Water Rights and the Efficient | 25 |
LAURITS R CHRISTENSEN | 50 |
Direitos de autor | |
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aggregate aggregate demand Amer AMERICAN ECONOMIC American Economic Association analysis Association assumed assumption average behavior benefits capital cartel coefficient commodity competitive constraint consumer consumption dealer demand depends distribution earnings Econ econometric economists Edmund Phelps effect efficiency elasticity employment energy equal equation equilibrium estimates ex ante expected expected utility expenditure export factor Federal firms function growth household implies important income increase indifference curve individual industry inflation investment labor force labor market labor supply Macroeconomic marginal cost maximize measure ment monetary monetary policy NAIRU National nomic optimal output paper Pareto optimal percent period problem production profits ratio Rational Expectations relative require risk averse sample sector Social Security Statistics structure subsidy Table theory tion tive trade unemployment Univ University utility variables wage rate women workers zero