[PDF] Top 20 Directory UMM :Data Elmu:jurnal:E:Economics Letters:Vol67.Issue1.Apr2000:

... If the risk of foreclosure is comparatively low toward the top right of Table 1, then the option to defer investment has zero value and the firm is willing to pay price R /r510 for the a[r] ... Lihat dokumen lengkap

... US consumption data appears to illustrate a ‘sensitivity puzzle.’ Predictable changes in income affect consumption (DC /DY ± 0) violating neoclassical consumption theory. However, positive changes in income have a ... Lihat dokumen lengkap

... The data for this study were obtained from parallel surveys, conducted in 1990, of households that participated in food stamp cashout demonstrations in Alabama and San Diego, ... Lihat dokumen lengkap

... The study of myopic dynamics also allows to obtain a condition of uniqueness of the steady state that bears only on the second order derivatives of the utility and production functions..[r] ... Lihat dokumen lengkap

... The main difference of both theories to expected utility is the existence of a probability weighting function which transforms single probabilities prospect theory or cumulative probabil[r] ... Lihat dokumen lengkap

... quarterly data and p 52 for annual ...annual data, and this loss is much greater the smaller the sample size and the greater the degree of stationarity in the first ... Lihat dokumen lengkap

... where a i are constants that vary across teams, the b ’s are parameters constant across teams, and e is a stochastic term that varies over teams and time. The dependent variable is the winning percentage of team i ... Lihat dokumen lengkap

... Proof. It is easy to check that the uniform rule is a subsolution of the convex no-envy and Pareto solution. Now we show that it is the only subsolution. Let w # CP and e 5 (R, V ) [ % . If V 5 o N p(R ), then i w ... Lihat dokumen lengkap

... where Eq. (13) is the arbitrage equation based on the assumption that the exchange rate is the rational expectation forecast of the future fundamentals and Eq. (14) defines the evolution of the fundamental itself. Eq. ... Lihat dokumen lengkap

... Hence, an outstanding question concerns whether tighter price cap regulation necessarily increases consumer welfare under fixed weights with interdependent demands.. In this paper, we in[r] ... Lihat dokumen lengkap

... We suppose that individual preferences are such that the labour supply function can be expressed as: hi5m1avi1byi1gzi1´i 1 where h represents the actual yearly working hours;i vi512t9W[r] ... Lihat dokumen lengkap

... The decision maker is also aware of the fact that when he reaches an intersection, he will not be able to tell whether it is the first or the second, and moreover, he will not remember t[r] ... Lihat dokumen lengkap

... The distinction between durable and non-durable consumers’ expenditure is highlighted via examination of their co-movement with income. Using UK data over the period 1955 to 1996, co-movement over the short run is ... Lihat dokumen lengkap

... What could not be addressed by the data available to the OCR was how legacies performed once admitted to these institutions. This study examines the academic performance of legacies relative to the nonlegacy ... Lihat dokumen lengkap

... variance equation and again find a positive relationship between the level of inflation and inflation variability. Debelle and Lamont (1997) show a positive correlation between inflation and relative price variability ... Lihat dokumen lengkap

... the first term on the right-hand side (RHS) stands for the net contribution that supervisors make to directly increasing output. Where S is the productivity of supervisors, M is the difficult of monitoring, g ( s ) is ... Lihat dokumen lengkap

... Our data is from the British Household Panel Study and covers the years ...the data over the 5 years for which forecast and realisation are available yields Tables 1 and ... Lihat dokumen lengkap

... Considering the existence of these two groups of agents, we can rewrite the exchange rate equation 1 as EC,tds t ENC,tds t F ]]] ]]]G st5ft1a wt dt 112w t dt , 0#wt#1, 3 where EC,tds[r] ... Lihat dokumen lengkap

... 68; ‘to say that we should not do valuation of ecosystems is to deny the reality that we already do, always have and cannot avoid doing so in the future’. Failure to quantify ecosystem values in commensurate terms with ... Lihat dokumen lengkap

... Discussion of the Lotka principles as alleged laws of evolution has spilled over into ecological economics. O’Connor (1991) discusses the first principle: the law of increasing energy flow. Ac- cording to him, it ... Lihat dokumen lengkap