The increasing importance of grapevine trunk diseases

r equals the pre-tax interest rate on risk-free assets and t is the household’s marginal tax rate, the relevant interest rate on the household’s short-term deposits will be r

In addition, we show that, whenever the constraint binds, competitive equilibria in this model are not only Pareto ine¢ cient but are also often constrained suboptimal, in the

11 With an endowment economy and separable preferences this indeterminacy has no effect on consumption but does affect utility (through real cash balances), so we classify this as

The Nash solution satis fi es all but Expansion Independence and Weak Expansion Independence, the egalitar- ian solution satis fi es all but E ffi ciency and Scale Invariance, and

Due to the negative correlation typically observed between equities and fixed income, the combined portfolio can be expected to provide less volatile returns through time than the

disorganization theory and to ascertain whether socioeconomic disadvantage, family disruption, residential instability and young population structure were predictive of