money demand

MONEY DEMAND IN DEVELOPING COUNTRIES : A DYNAMIC PANEL APPROACH Regardless of parental valuations, then, families always prefer a high-μ house to one with lower μ . Because willingness-topay for a preferred school is increasing in x, equilibrium is unique, with the ranking of districts by effectiveness is identical to that by the income of the resident family.

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CULTURE AND THE EFECTIVENESS OF SUPPLIER DIVERSITY PROGRAMS: A TEST OF PREDICTORS Panels A and B of Figure 1.1 graph the equilibrium allocations of effectiveness ( j μ ) and district desirability ( x jδ +μ j ) as functions of family income when parents have no concern for peer group (δ = 0 , Panel A) and when concern for peer group is moderate (δ = 1.5 , Panel B).

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Tham khảo tài liệu 'money supply and demand', tài chính - ngân hàng, tài chính doanh nghiệp phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả

14p dauxanhnguyenhuong 28-09-2011 71 6   Download