JER, 第 2-3 卷Hanyang Economic Research Institute in collaboration with Hanyang University College of Business and Economics, 1997 |
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第 286 頁
... average annual rate of 16 percent over the next five years . Inflation dropped almost to zero in 1975 and registered annual rates of 7.9 and 5.5 percent in 1976 and 1977 respectively . The trade - weighted exchange rate index ...
... average annual rate of 16 percent over the next five years . Inflation dropped almost to zero in 1975 and registered annual rates of 7.9 and 5.5 percent in 1976 and 1977 respectively . The trade - weighted exchange rate index ...
第 52 頁
... average lifetime of agents , the less the amount of pension becomes , or the more the amount of tax to finance pension payment becomes . Therefore , the average longevity tends to be longer than the optimal level . We prove that the average ...
... average lifetime of agents , the less the amount of pension becomes , or the more the amount of tax to finance pension payment becomes . Therefore , the average longevity tends to be longer than the optimal level . We prove that the average ...
第 102 頁
... average , cost the employer too much . It seems that it is not usually a good idea to make a contract as powerful as possible . A really powerful contract is one that pays the worker all of the extra output the worker produces . It is ...
... average , cost the employer too much . It seems that it is not usually a good idea to make a contract as powerful as possible . A really powerful contract is one that pays the worker all of the extra output the worker produces . It is ...
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adjustment costs aggregate Asian assumed b₁ banks blue crab budget constraint capital coefficient cointegration consumption convex crisis customer market denotes dynamic elasticity equation estimated exchange rate exogenous expenditure tax F-Statistics factor price Figure foreign exchange market growth Hanyang University health-related investment HKAB Hong Kong Hong Kong dollar implies incentives increase individual Industrial Policy Industry Promotion Law inflation interest rate intrinsic bubbles IPI transition Journal of Economic labor marginal cost maximize mentor mentor/protege relationship menu cost migration mold industry monetary base money demand money supply natural production function optimal tax outliers output paper Pareto-improving transition partners period price adjustment price level production function proteges quadratic quit threat regression response returns to scale sector shocks significant SME policy SN(t Statistics Table tax rates tax steady tax system theorem tion utility function variable velocity welfare y₁ YDEV zero