SEMAINE D'ETUDE SUR LE ROLE DE L ANALYSE ECONOMETRIQUE ETC
961
Furthermore, we find that T(: - ¢) remains effectively in-
ferior to unity, a necessary condition for the validity of the
expansion as a Taylor series of d(i-p) (").
Once the values of w and # become fairly large, T(i - p) is
relatively small and the expanded series converge rapidly.
Values of ©
536. From (526-9) and
(536-1)
4
+
‘
y
-
& 5
4’
or, again
536-2) @®=
w
Whence the following table for ® can be constructed (
(') § 512, we have pu =1/T [relation (510-8)].
() The values of T are derived from (534-1) and (534-2).
{?) When = increases indefinitely, three cases are possible in line with
the preceding notes
a) o < w < Ycli—p).
In this case T tends to a limit define”
~£
‘ation
+;
and from this ana
1
de
. Allais - pag. 265