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Table 1

Referensi

Dokumen terkait

This paper addresses the modelling of uncertainty in an integrated geographic information system GIS , specifically focused on the fusion of activities between GIS and remote

The main results obtained are: sector-specific migration of labor may raise domestic welfare, while with capital accumulation such migration necessarily raises the relative price of

The policy parameters, the annual money growth rate (or the inflation tax rate) p˙ ( 5 ( z 2 1)/5), and capital gains tax rate t , are calibrated so that the model can predict how

Accord- ingly, in this plausible case, where the expected return on high-risk loans declines more rapidly with aggregate loan volume than does the equilibrium return on low- risk

We show that (1) joint ownership can be superior to the other ownership structures by overcoming vertical externality of double marginalization; (2) collusive outcomes, however,

The focus of this paper however is to examine the structure of the relationship in the short term interest rates, in a fixed exchange rate regime and as in the current case where

Taking the loan market setting with asymmetric information as a micro-foundation for investment, this paper further develops a macro model of a small open economy under the regime

More specifically, it will be shown that under a utilitar- ian regime natural capital will steadily increase over time if it is small initially; furthermore, if initial natural