## The American Economic Review, Volume 96American Economic Association., 2006 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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**efficiency**relative to maximum potential output ( Proposition 2 ) . An equalization of the wealth distribution has more complex effects . The effects of such equalization jointly depend on existing wealth inequality , the distribution ...Página 274

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**efficiency**must strictly increase . This assures us that ( under certain condi- tions ) the gain in allocative**efficiency**recorded in Proposition 2 is not eaten away by possibly increased costs of lobbying . The connections between ...Página 192

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**efficiency**unit of abstract skill , which she supplies inelastically to abstract tasks . Each high school worker , i , is endowed with one**efficiency**unit of manual skill and**efficiency**units of routine skill , where n is distributed ...### Outras edições - Ver tudo

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advertising agents aggregate allocation Angrist assume assumption average search success B-type bank behavior birth cohort cartel cash choice coefficients column condition consumer consumer surplus coordination deposits distribution of managerial effects efficiency equation equilibrium estimates evaluate expected firm fraction growth hiring Hispanic implies increase industry inequality inflation instrumental variables interest rate investments Journal of Economic labor late projects loan sanctions lobby lung cancer managerial expertise managers marginal ment monetary policy mortality rate motorists newspaper circulation nomic nominal nominal deposits nominal interest rate odious debt optimal outcomes output p-values paper Pareto improving percent period population race race-r racial prejudice regime regression risk sample school-leaving age search cost search success rates skill social statistical sumer surplus Table technology shock tion trade troopers utility variables wage wealth workers zero