- 1、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。。
- 2、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
查看更多
Macroeconomics Yu Huixin School of Economics Management HEBUT * 1348年欧洲发生黑死病,人口在几年内减少了三分之一。人口数量的下降对劳动、资本和地租的收入有何影响? Yersinia Pestis A ?ea Case Study: The Black Death and Factor Prices How would the Black Death affect MPL and MPK? Black Death: L falls, but K stays the same Fewer workers means that each remaining worker is more productive: MPL rises We move to the left in the two previous graphs Each machine becomes less productive: MPK falls To con?rm this intuition with math, we can use the MPL and MPK from the Cobb-Douglas production function. Foote (Ec 1010b) Classical Model January 27, 2013 36 / 67 Macroeconomics Yu Huixin School of Economics Management HEBUT * = (1 ? α)A K 1?α Case Study: The Black Death and Factor Prices Factor prices when F(K,L) = AK αL1?α As we have seen: dF MPL = dL = (1 ? α)AK αL?α K α = (1 ? α)A Lα K α L Similarly: dF MPK = dK = (α)AK α?1L1?α L1?α = (α)A L 1?α = (α)A K Foote (Ec 1010b) Classical Model January 27, 2013 37 / 67 Macroeconomics Yu Huixin School of Economics Management HEBUT * Case Study: The Black Death and Factor Prices Con?rming Our Intuition MPL = (1 ? α)A K L α MPK = (α)A L K 1?α L L As L falls and K stays constant, K/L rises and K falls. Remember that α is between 0 and 1, so both α and 1 ? α are positive. So, as K/L rises, then MPL rises, too. And, as K falls then MPK falls, too. However, the shares of output going to L and K stay ?xed at 1 ? α and α, respectively. Foote (Ec 1010b) Classical Model January 27, 2013 38 / 67 Macroeconomics Yu Huixin School of Economics Management HEBUT * Macroeconomics Yu Huixin School of Economics Management HEBUT * 实际上,黑死病后,实际工资大约翻了一番,地租减少50%以上。 Macroeconomics Yu Huixin School of Economics Management HEBUT * 第3章 国民收入(产出)的决定 第三节????? 什么因素决定产品与劳务需求 一、消费 二、投资 三、政府购买 Macroeconomics Yu Huixin School of Economics Management HEBUT * ? 在封闭经济中GDP的用
您可能关注的文档
最近下载
- 写给班主任的三十条建议.docx VIP
- 核反应堆设计软件:RELAP5二次开发_(17).RELAP5接口开发与数据交换.docx VIP
- 3.1网络改变世界 课件 2025-2026学年统编版道德与法治八年级上册.pptx VIP
- 三维超声评价子宫内膜容受性.pdf VIP
- 公基础知识(陕西省省情).pdf VIP
- (2025秋新版)二年级上册道德与法治全册教案.docx
- Viaton外研通单词机VT-D10使用指南.pdf
- 学校超市经营方案(完整).doc VIP
- 2024年秋季人教版七年级上册语文全册教学课件(考点精讲版).pptx
- 成都盒马鲜生末端物流配送管理与路径优化研究.doc VIP
文档评论(0)