The Effects of Bank Rescue Measures in the recent Financial Crisis



Download 2.31 Mb.
Page11/22
Date20.05.2018
Size2.31 Mb.
#49736
1   ...   7   8   9   10   11   12   13   14   ...   22

(7)

to combine land and final goods for the production of new houses . Producers of new houses charge a price which is equal to marginal cost which can be represented as a CES aggregate of land and construction prices . In order to capture deviations of construction prices from the GDP deflator we assume that producers in the construction sector transform wholesale goods into residential investment using a linear technology subject to an auto-correlated technology shock. The Lagrangian of this maximisation problem is

Directory: fileadmin
fileadmin -> The Collapse of the gdr and the Reunification of Germany
fileadmin -> Filmskript zur Sendung „From Georgia to Virginia“ Sendereihe: The East Coast of the usa
fileadmin -> Comparative Politics Central Europe Mgr. Juraj Marušiak, PhD. course coordinator
fileadmin -> Annex 1 to the Interim Report
fileadmin -> Review of projects and contributions on statistical methods for spatial disaggregation and for integration of various kinds of geographical information and geo-referenced survey data
fileadmin -> An overview of land evaluation and land use planning at fao
fileadmin -> Contact information
fileadmin -> Review of the literature
fileadmin -> Sigchi extended Abstracts Sample Adapted to mamn25
fileadmin -> Communication and Information Sector Knowledge Societies Division

Download 2.31 Mb.

Share with your friends:
1   ...   7   8   9   10   11   12   13   14   ...   22




The database is protected by copyright ©ininet.org 2024
send message

    Main page