Now showing items 1-10 of 36
The Badly Behaved Production Function: Comment
In their recent article Joan Robinson and K. A. Naqvi provide an example which they think ". . . conclusively disproves the notion that the number of switches cannot be more than the number of capital goods in the system." ...
An Optimal Unemployment Rate: Comment
Dobell and Ho have recently presented in this Journal 1 an aggregate model of the economy in which unemployment may be optimal with respect to a maximum consumption-over-time criterion. They carefully abstract from Phillips ...
The Short-Run Stability of the Foreign Exchange Market
(Review of Economics and Statistics, 1967-05)
"Demand Patterns, Demographic Change, and Economic Growth"
(Quarterly Journal of Economics, 1969-02)
Spectral Analysis of Data Generated by Simulation Experiments with Econometric Models
This paper is concerned with the use of spectral analysis to analyze data generated by computer simulation experiments with models of economic systems. An example model serves to illustrate two different applications of ...
"Household Savings Behavior in the Developing Economies: The Indonesian Case"
(Economic Development and Cultural Change, 1968-04)
The Economic Impact - Industrial and Regional - of an Arms Cut
(Review of Economics and Statistics, 1965-08)
An Econometric Model of the Textile Industry in the United States
The model presented in this paper is a system of recursive linear regression equations, the parameters of which are estimated from monthly series of data covering the period, January, 1951, through December, 1962.
Implicit Tax Rate Reductions with Growth, Progressive Taxes, Constant Progressivity, and a Fixed Public Share
It is the purpose of this paper to state with rigor and precision the pattern of tax rate reductions which will meet these requirements. The question is approached in Part I by means of a theoretical model with highly restrictive ...
The Existence of Golden Ages and Stability in the Two-Sector Model
There are several related questions which can be asked in the context of the neoclassical two-sector growth model...