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Values Do Follow a Simple Rule!
Titel:
Values Do Follow a Simple Rule!
Auteur:
Steedman, Ian
Verschenen in:
Economic systems research
Paginering:
Jaargang 11 (1999) nr. 1 pagina's 5-14
Jaar:
1999-03
Inhoud:
Contrary to what is often suggested, values do follow a very simple rule as the rate of profit r varies, provided only that the system is square. None of single production, semi-positive vertically integrated input coefficients, or regularity a la Schefold needs to be assumed. Furthermore, that very simple rule is followed for all finite values of r and can be expressed solely in terms of the powers of r. Moreover, when the requisite numeraire is employed, the wage profit frontier takes a simple form; conversely, when the frontier takes that form, one knows that the requisite numeraire is being used, even without knowing what it is.
Uitgever:
Routledge
Bronbestand:
Elektronische Wetenschappelijke Tijdschriften
Details van artikel 150 van 152 gevonden artikelen
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