Akerlof and Shiller invoke "fairness" and "money illusion" to explain the puzzling behavior of employment and wages in a depression.
阿克洛夫和希勒借用了“公平”和“货币幻觉”,来解释萧条中的令人困惑的就业行为和工资行为。
To illustrate this, look at a variation of the "Market for Lemons" identified by George Akerlof, a Nobel-prize-winning economist, in 1970.
为了更好的说明这一点,就看看被在1970年获得诺贝尔经济学奖的George Akerlof(人名)定义为“柠檬市场”的变种。
The clothes belonged to his friend and colleague Joseph Stiglitz, who had left them behind when visiting, so Akerlof was eager to send the box off.
这些衣服是他的好友兼同事约瑟夫·施蒂格利茨的,他在来访时留在这儿了,所以阿科洛夫急着给邮走。
Akerlof and Shiller believe that the key to understanding depressions lies in motives or behaviors that they regard as non-rational or irrational.
阿克洛夫和希勒相信,理解萧条的关键,在于他们所说的“非理性”或“无理性”的动机或行为。
Nobel laureate George Akerlof (1940 -) examined the market for used cars and considered a situation where the sellers are better informed than the buyers.
诺贝尔奖获得者:乔治·阿克尔洛夫(1940-)考察了二手车市场。他假设在该市场中销售者具有比消费者更多的信息。
Akerlof showed that this differential information may cause the used car market to collapse; that is, the information possessed by sellers of used cars destroys the market.
阿克尔·洛夫证明了这个信息差异可能导致二手车市场崩溃:即二手车销售者拥有的信息破坏了整个市场。
And the economist 8 George Akerlof once found himself faced with a simple task: mailing a box of clothes from India, where he was living, to the United States for his friend.
经济学家乔治·阿克尔洛夫某次发现自己面对一个简单的任务:将一箱衣服从印度(当时他所居住的地方)寄给他在美国的朋友。
And the economist 8 George Akerlof once found himself faced with a simple task: mailing a box of clothes from India, where he was living, to the United States for his friend.
经济学家乔治·阿克尔洛夫某次发现自己面对一个简单的任务:将一箱衣服从印度(当时他所居住的地方)寄给他在美国的朋友。
应用推荐