SEMAINE D'ÉTUDE SUR LE ROLE DE L ANALYSE ECONOMETRIQUE ETC. 02"
It may be recalled that according as A is below or above
unity, amortisation is more or less rapid than in the exponen-
tial model (1).
Value of €
SIQ.
(519-1)
From the limited expansion (314-6) we have
A -
fo> 872i -p,
[f it be assumed that
(510-2)
‘y
a condition which is met in the majority of cases, then
(510-3) ter Ze (imp <@ <r in
To see this more specifically, consider the case of the United
States for which
(510-4)
(>
336.
x1 | Allais - pag. 231