JER, 第 6 卷Hanyang Economic Research Institute in collaboration with Hanyang University College of Business and Economics, 1999 |
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第 1 到 3 筆結果,共 17 筆
第 149 頁
... constraint given in ( 14 ) . λT + = λT_ ( 15 ) To derive the path satisfying the first order conditions , we first make a conjecture that the cash - in - advance constraint is always binding throughout the optimal path and then show ...
... constraint given in ( 14 ) . λT + = λT_ ( 15 ) To derive the path satisfying the first order conditions , we first make a conjecture that the cash - in - advance constraint is always binding throughout the optimal path and then show ...
第 154 頁
... constraint 12. It requires that the family increase its money holdings . in advance in order to consume more . In ... constraint actually serves as a liquidity constraint on consumption when combined with the strict type of capital ...
... constraint 12. It requires that the family increase its money holdings . in advance in order to consume more . In ... constraint actually serves as a liquidity constraint on consumption when combined with the strict type of capital ...
第 156 頁
... constraint and the strict type of capital controls assumed in the paper . When they are combined together , these two restrictions are working as a strict liquidity constraint . They strictly limit the intertem- poral consumption ...
... constraint and the strict type of capital controls assumed in the paper . When they are combined together , these two restrictions are working as a strict liquidity constraint . They strictly limit the intertem- poral consumption ...
內容
Shahidur Rahman Sandly Sian Li Ngiang Serina | 29 |
A Difficult Tradeoff | 45 |
Manwoo Lee and Sangwhan Lho Optimal Linear Income | 59 |
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abnormal returns absolute risk aversion agents assets assume assurance problem bias-correction bootstrap bt+1 bt+2 CALIFORN capital controls changes companies competition consumers consumption decrease denoted devaluation domestic Doosan dynamic eco-friendly product eco-label Economic Research effect efficiency wage employees environmental accidents Equation estimated expected inflation financial performance firms forward rate process framework Hanyang University increase indirect forecasting indirect method individual inflation rate International Korea Korea University labor participation rate land price legislated minimum wage LG Chemical martingale process measure modified golden rule Network nexus of contracts nominal interest rate number of paddocks optimal tax optimal tax rate p-value paper PEMP percent period prediction intervals PROA PROA and PROE Pt+1 rangeland real exchange rate relationship retrenchment risk aversion SAN DIEGO short duration grazing solution speculative bubble spot rate St+1 steady structure of interest term structure test statistic unemployment rate UNIVER unskilled workers