keynes j 1936 the general theory of employment interest and money

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... 1 THE GENERAL THEORY I have called this book the General Theory of Employment, Interest and Money, placing the emphasis on the prefix general. The object of such a title is to contrast the ... thrift, the traditional attitude towards the rate of interest, the classical theory of unemployment, the quantity theory of money, the unqualified advantages of laissez-faire in respect of foreign ... MONEY- WAGES o PROFESSOR PIGOU'S &apos ;THEORY OF UNEMPLOYMENT' 20. THE EMPLOYMENT FUNCTION 21. THE THEORY OF PRICES Short Notes Suggested by the General Theory 22. NOTES ON THE TRADE...

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Ngày tải lên: 13/08/2014, 16:20

... Quantum-Law of the Emission and Absorption of Light (1905). These were followed some years later by the Theory of the Specific Heat of Solid Bodies , and the fundamental idea of the General Theory ... on the basis of the theory of relativity. In the equation wt' x' = we must then express x and t in terms of x and t , making use of the first and fourth equations of ... repeated application of the measuring-rod along the embankment. 1 e.g. the middle of the first and of the hundredth carriage. L 38 XV GENERAL RESULTS OF THE THEORY T is clear...

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Ngày tải lên: 30/12/2013, 10:45

... security t t1t P CPP R +− = + R = the rate of return on the security P t+1 = price of the security at time t+1, the end of the holding period Pt = price of the security at time t, the beginning of the holding period C ... Model )k(1 P )k(1 DIV P e 1 e 1 0 + + + = P O = the current price of the stock DIV 1 = the dividend paid at the end of year 1 k e = the required return on investment in equity P 1 = the sale price of the stock at the end of the first ... 14 Implications of the Theory ã If there is a change in the way a variable moves, the way in which expectations of the variable are formed will change as well. ã The forecast errors of expectations...

Ngày tải lên: 05/01/2014, 16:56

... of the molecular hypothesis is the theory (called the kinetic theory of heat) that the molecules move more or less rapidly, the hotter or colder the body of which they form part; and that the ... gases), and on the theory of conduction and diffusion in ionized gases, in the presence of electric and magnetic fields. Although most of the book is addressed to the mathematician and theoretical ... structures of the molecules. These structures are therefore not of immediate concern in the kinetic theory of gases; they determine the exterior fields of force, which form the outworks of the molecule,...

Ngày tải lên: 13/02/2014, 23:20

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Ngày tải lên: 06/03/2014, 08:20

... is the cornerstone of the RNA World. Nevertheless, there is a lot going for the RNA World (Bernhardt summarizes much of the evidence, and I add more below) whereas the other hypothes es on the ... has the important roles in the modern ribosome of decoding the mRNA message and in the movement of the two subunits rela- tive to each other (including translocation of the mRNA message and tRNAs), ... existed already at the late stages of the hypothetical RNA World [92]. All this discussion is not pointless play with hypotheses. Realization of the unique status of the RNA World among the origin of life...

Ngày tải lên: 13/03/2014, 19:12

... fields and valuated fields. These lec- tures were preceded by an elementary course on group theory, vector spaces and ideal theory of rings—especially of Noetherian rings. A knowledge of these ... The restriction of elements of g to L ′ are automorphisms of L ′ with L as fixed field (by definition of L). By finite galois theory these are all the elements of the galois group of L ′ /L. This ... presupposed in these notes. In addition, we as- sume a familiarity with the elementary topology of topological groups and of the real and complex number fields. Most of the material of these notes...

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Ngày tải lên: 17/03/2014, 14:44

... down at points χ j on the family of ellipses 1 + K A ( j) A χ j + 1 2 (K A ( j) A K B (k)B − K A ( j) B K B (k)A )χ j χ k = 0. (1.83) The ‘radius of curvature’ of the world sheet, therefore, depends ... predicted on the basis of the Nambu equations of motion, and anti-rigid if the correction terms act to enhance the curvature of the world sheet. Numerical simulation of the collapse of a circular loop of ... 2 K AB ( j) ρ j + 3 2 ˆ K AC ( j) ˆ K B (k)C ρ j ρ k +··· ¯η Aj =  ˆω A ε j k ρ k − 2 2 ˆω B ˆ K A (m)B ρ m ε j k ρ k +··· and ¯η jk =−δ jk +  2 ˆω A ˆω A ε j m ε k n ρ m ρ n +··· (1.88) then the...

Ngày tải lên: 17/03/2014, 14:48

... part by The American Institute of Mathematics. ON THE K -THEORY OF LOCAL FIELDS 33 where M gp is the group completion (or Grothendieck group) of M and   denotes the submodule generated by the indicated ... quotient field K and residue field k. The main result is Theorem 1.5.2 below. It seems unlikely that this result is valid in the generality of the pre- vious section. Indeed, the proof of the corresponding ... K -theory uses the approximation theorem [48, Th. 1.6.7], and this fails for general Φ, topo- logical Hochschild homology included. Our proof of Theorem 1.5.2 uses the equivalence criterion of...

Ngày tải lên: 22/03/2014, 15:21

... revenue. The left hand side of eq. (12a) is the marginal cost of enforcement, including the effects on output and the odds ratio. The right hand side is the marginal benefit of the reduction ... extent of the difference between the social and private value of consumption of illegal goods, but they also depend crucially on the elasticity of demand for these goods. In particular, when demand ... (c+A)θ, the expected value of the drugs confiscated; and θF, the expected costs of punishment. An increase in punishment to drug offenders, F, raises the cost and lowers the profits of an...

Ngày tải lên: 23/03/2014, 20:20

... measure the changes in the intermediate and the demand rate and, second, to perturb the demand module and measure the changes in the intermediate and the supply rate. This is the way that the experiments ... coefficients: e v1 S and e v2 S . These e-elasticity coefficients represent the sensitivity of the rate of the supply module to changes in the concentration of its product and the sensitivity of the rate of the ... increase the flux by manipulating the activity of demand. The impossibility of increasing the flux by changing the activity of a single module is due to an abrupt decrease of the control of the modules when...

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