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collective consumption model, while accounting for general individual preferences that can be non-convex. Our main result is the … characterization of collectively rational consumption behavior in terms of collective Afriat inequalities. Next, it implies the … observations, the nature of consumption externalities (positive or negative) in the intra-household allocation process is non …
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1. The sixth Lord Robbins memorial lecture : reform of the international monetary system / Robert A. Mundell -- 2. The state of the world economy / introduced by Paul A. Samuelson -- 3. The euro in Europe and the world / introduced by Christopher Johnson -- 4. Monetary policy and economic growth...
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The contributions to this volume offer an insight into the way that economists analyse the causes of money (mis)management in the US, Latin America, Europe and Japan, and prescribe stabilizing reforms. The mechanisms that link monetary policy - including foreign exchange regimes and the...
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