Page512
480
INDEX
P
Parallel economy.
See
underground economy
Pareto efficiency, 286
Passive crawling peg, exchange rate parity in, 150
Pass through effects, 138
Pecking order, in corporate finance, 101
Per capita income, defined, 4
Perfect capital mobility, 308
Permanent income, 67–71
Permanent income, 70
Perpetuities, 161
price of, 162
Personal disposable income, 59
Phillips Curve, 419
dynamic version, 221–227
long-run and short-run, 223–225
static version, 219–221
Physical capital, 91
Post-reform intercept dummy, 115
Potential or full employment output, 216
Poverty traps, 455
PRD.
See
Post-reform intercept dummy
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