Jocelyn J Drinkwater

• Consumption Functions with Shifting Parameters Due to Socio-Economic Factors

  Ruchika Agarwala, J Drinkwater et al.•ARTICLE•The Review of Economics and…•1972

  Incluir item

  CONSUMERS' expenditure forms a major component of the Gross National Expenditure and the parameters of this function play a crucial role in the mechanism of income generation in a macro-model. Because of their importance, a considerable amount of care and attention should be devoted to the estimation of these parameters and their probable movement. This consideration becomes especially important in mediumand long-range forecasting because over a …

• A Neo-Classical Approach to the Determination of Prices and Wages

  Ruchika Agarwala, J Drinkwater et al.•ARTICLE•Economica•1972•Citada por: 1

  Incluir item

  In most macro-economic models of Canada, the United Kingdom and the United States, prices and wages are determined in a Phillips-curve framework. In the original formulation the rate of change of wages is dependent on the rate of unemployment only. In subsequent formulations effects of rate of change of consumer prices and of productivity have been brought in to explain the rate of change of wages. However, the main emphasis is still on the trade…

• A Neo-Classical Approach to the Determination of Prices and Wages

  Ruchika Agarwala, J Drinkwater et al.•ARTICLE•Economica•1972•Citada por: 1

  Incluir item

  In most macro-economic models of Canada, the United Kingdom and the United States, prices and wages are determined in a Phillips-curve framework. In the original formulation the rate of change of wages is dependent on the rate of unemployment only. In subsequent formulations effects of rate of change of consumer prices and of productivity have been brought in to explain the rate of change of wages. However, the main emphasis is still on the trade…

• Consumption Functions with Shifting Parameters Due to Socio-Economic Factors

  Ruchika Agarwala, J Drinkwater et al.•ARTICLE•The Review of Economics and…•1972

  Incluir item

  CONSUMERS' expenditure forms a major component of the Gross National Expenditure and the parameters of this function play a crucial role in the mechanism of income generation in a macro-model. Because of their importance, a considerable amount of care and attention should be devoted to the estimation of these parameters and their probable movement. This consideration becomes especially important in mediumand long-range forecasting because over a …

• A Neo-Classical Approach to the Determination of Prices and Wages

  Ruchika Agarwala, J Drinkwater et al.•ARTICLE•Economica•1972•Citada por: 1

  Incluir item

  In most macro-economic models of Canada, the United Kingdom and the United States, prices and wages are determined in a Phillips-curve framework. In the original formulation the rate of change of wages is dependent on the rate of unemployment only. In subsequent formulations effects of rate of change of consumer prices and of productivity have been brought in to explain the rate of change of wages. However, the main emphasis is still on the trade…

Economic theories and models (2 obras) · Economics (2 obras) · Consumption (sociology) (1 obra) · Econometrics (1 obra) · Economic Growth and Productivity (1 obra) · Economic Theory and Policy (1 obra) · Economics of Agriculture and Food Markets (1 obra) · Efficiency wage (1 obra) · Full employment (1 obra) · Inflation (cosmology) (1 obra)