the quantity theory of credit
Tài liệu The General Theory of Employment, Interest, and Money docx
... MARGINAL EFFICIENCY OF CAPITAL 12 THE STATE OF LONG-TERM EXPECTATION 13 THE GENERAL THEORY OF THE RATE OF INTEREST 14 THE CLASSICAL THEORY OF THE RATE OF INTEREST o APPENDIX ON THE RATE OF INTEREST IN ... the validity of one or other of them that the conclusion can be avoided The equivalence between the quantity of saving and the quantity of investment emerges from the bilateral character of the ... fall to the appropriate level, which will occupy Book IV Thus the analysis of the propensity to consume, the definition of the marginal efficiency of capital and the theory of the rate of interest...
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The general theory of employment interest and money (1936)
... fall to the appropriate level, which will occupy Book IV Thus the analysis of the Propensity to Consume, the definition of the Marginal Efficiency of Capital and the theory of the Rate of Interest ... from their point of view is their income, we will call the factor cost of A The sum of the factor cost F and the user cost U we shall call the prime cost of the output A We can then define the ... at the current wage will withdraw the offer of their labour in the event of even a small rise in the cost of living Yet this strange supposition apparently underlies Professor Pigou’s Theory of...
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Tài liệu THE MATHEMATICAL THEORY OF NON-UNIFORM GASES pptx
... many years Rather the ideas of kinetic theory found their way into other fields, such as radiative transfer, the theory of ionized gases, the theory of neutron transport and the study of quantum ... extension 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 ... kinetic theory of heat (i)—3 The three states of matter (i)—4 The theory of gases (2)—5 Statistical mechanics (3)—6 The interpretation of kinetic -theory results (6)—7 The interpretation of same...
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Tài liệu Dissecting the E ect of Credit Supply on Trade: Evidence from Matched Credit-Export Data pdf
... aspects of the firm’s usage of credit The measure of external finance dependence may indicate the sensitivity of the firm to long term credit conditions, which is potentially related to the presence of ... data on the universe of bank loans in Peru with customs data on the universe of Peruvian exports The main novelty of these data is that they allow us to estimate the elasticity of exports to credit ... (2011) The results on the credit elasticity of trade are as follows On the intensive margin, we find that a 10% reduction in the supply of credit results in a contraction of 2.3% in the volume of...
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The RNA world hypothesis: the worst theory of theearly evolution of life
... 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 hypotheses on the ... Because of the ability of these naturally occurring RNA riboswitches to bind protein enzyme cofactors, and because many of these cofactors possess non-functional fragments of RNA – one of the earliest ... 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...
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Lectures On The Algebraic Theory Of Fields ppt
... familiarity with the elementary topology of topological groups and of the real and complex number fields Most of the material of these notes is to be found in the notes of Artin and the books of Artin, ... L Then L′ /L is a galois extension 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 ... on the Algebraic Theory of Fields By K.G Ramanathan Tata Institute of Fundamental Research, Bombay 1954 Introduction There are notes of course of lectures on Field theory aimed at providing the...
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The mathematical theory of cosmic strings m anderson
... 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 ... –10−35 s after the Big Bang, when the temperature of the Universe was of the order of 1028 K The thickness of a cosmic string is typically comparable to the Compton wavelength of a particle with ... chapter I, therefore, sketch the line of theoretical development that leads from gauge field theory to the classical equations of motion of a cosmic string, starting from a gauge description of the electromagnetic...
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Đề tài " On the K-theory of local fields " ppt
... k The main result is Theorem 1.5.2 below It seems unlikely that this result is valid in the generality of the previous section Indeed, the proof of the corresponding result for K -theory uses the ... Moreover, the composite of the maps in the lower row is equal to the map of the statement, and the upper left-hand and upper righthand terms are contractible Hence the theorem is equivalent to the ... the identification of the E -term is a consequence of the celebrated theorem of Suslin, [43], that ⊗(t/2) ¯ Kt (K, Z/pv ) = µpv e For K a finite extension of Qp , the p-adic homotopy type of the...
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THE ECONOMIC THEORY OF ILLEGAL GOODS: THE CASE OF DRUGS doc
... reduces the use of drugs The magnitude of this effect on consumption depends on the elasticity of demand: the more inelastic is demand, the smaller is this effect The role of the elasticity and the ... production); (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 individual ... conviction of illegal suppliers obviously depend on the extent of the difference between the social and private value of consumption of illegal goods, but they also depend crucially on the elasticity of...
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introduction to the electron theory of metals
... become one of the most exciting and challenging topics in the field of the electron theory of metals Originally, the electron theory of metals was constructed for crystals where the existence of a periodic ... Introduction What is the electron theory of metals? Historical survey of the electron theory of metals Outline of this book Bonding styles and the free-electron model Prologue Concept of an energy band ... with the wavelength ϭ253.6 nm Insertion of ϭ253.6 nm into ⌬Eϭ hc/ exactly yields the excitation energy of 4.9 eV 1.2 Historical survey of the electron theory of metals in the construction of...
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jj-thompson elements of the mathematical theory of electricity and magnetism
... while the negative will go to the most remote part of the system consisting of the metal of the the wire and the ground, i.e the negative be on the disc, electroscope, will go to the ground and the ... to on the on the The electrification on the part of wax is of the kind opposite to that on the wax, while the electrification on the more remote stick of sealing-wax the metal nearest the GENERAL ... linear dimension of either of the bodies, the repulsion between them is proportional to the product of their charges and inversely proportional to the square of the distance between them This law...
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jj-thompson the corpuscular theory of matter
... number makes the of of however, an important bearing on our conception of the origin of the mass of the atom, as if the number of corpuscles in the atom is of the same order as the atomic weight ... Tubes The Origin of the Mass of the Corpuscle 28 III Properties of a Corpuscle IV Corpuscular Theory of Metallic Conduction 49 The Second Theory of Electrical Conduction 86 The Arbangement of ... thus the number of drops will be the volume of for ; the water deposited divided by the volume of one of the Hence, if we find the volume of one of the drops drops we can find the number the charged...
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The Einstein Theory of Relativity (THUYẾT TƯƠNG ĐỐI - EINSTEIN ) Bản Tiếng Anh
... that of light, then we can deduce the theory of Newton from the new theory, the “universal” relativity theory, as it is called by Einstein Thus all the conclusions based upon the Newtonian theory ... Statement by Prof H A Lorentz, of the University of Leyden The total eclipse of the sun of May 29, resulted in a striking confirmation of the new theory of the universal attractive power of gravitation ... with the theory of Newton, it was evident, fortunately, at the end of the experiment that the connection existed If we avail ourselves of the simplifying circumstance that the velocities of the...
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belief about the self a defense of the property theory of content jul 2008
... and the Problem of De Se Belief Cognitive Attitudes and Content The Doctrine of Propositions The Problem of De Se Belief The Property Theory of Content 11 16 Chapter In Favor of the Property Theory ... main rivals to the property theory of content and evaluate each of them with respect to the property theory The chapter is largely devoted to only two rival views, but each of them comes in several ... where their subjects not exist; the property theory has trouble accounting for the communication of our thoughts to others; and the property theory cannot account adequately for the validity of...
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clausewitzs puzzle the political theory of war may 2007
... for the case of the war in Vietnam with the unbridgeable gap between the people, the army, and the government of the USA Notwithstanding the possibility of applying these examples of use, there ... that they led to the collapse of a whole conception of the world Moscow (1812) was the turning point of the Napoleonic Wars The Battle of Waterloo (1815) was the final battle of the wars of liberation ... advance the outcome of the campaign and of the Battle of Waterloo In terms of foreign policy, the French army was confronted—as in the Battle of Leipzig—by a coalition of the leading states of Europe...
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