Given the values of [x.sup.Q] and X, the equilibrium ratio
of the price of natural gas to the price of crude oil is 1 to 9.4 (= [e.sup.xQ] = e (2359)-.
Thus, the following equation with the overall mass transfer coefficient [K.sub.1]a and the vapor-liquid equilibrium ratio
[k .sub.i]can be written as Eq.
Following Marcus (1983), we relate a banking organization's (j) target equilibrium ratio
of capital to total assets however measured ([KRATIO.sup.*]) to a set of exogenous variables, X:
The equilibrium ratio
, [K.sup.ht.sub.i] hl, for any given component is given by:
Mr Nickell said the equilibrium ratio
of house prices to earnings could now be higher than the average ratio since 1982, while it was very uncertain how long it would take for house prices to return to their equilibrium level.
The changes in Lerner ratios are computed by subtracting the premerger Nash equilibrium ratio
from the postmerger Nash equilibrium ratio
One thousand simulations ([bar][lambda] = 1.21) incorporating random combinations of each input variable resulted in a mean equilibrium ratio
of 92 deer per wolf (CV = 15.6%), with 95% of the predicted values occurring between 70 and 130 deer per wolf (Table 4).
If the ratio of the informed wealth to the less informed wealth exceeds the equilibrium ratio
, the differences in their total rates of return will be below 0.
Specifically, rewriting Equation (5) we can see that the unemployment rate increases monotonically in the equilibrium ratio
[Mathematical Expression Omitted] and is zero at [Mathematical Expression Omitted].
Under the assumption of worldwide balanced growth in the long run, the equilibrium ratio
of real nonfuel merchandise imports to real domestic spending is set by the ratio of the import price deflator for nonfuel goods to the price deflator for nonfuel domestic output.
However, the over-expansion of 1992 disrupted the equilibrium ratio
If the equilibrium ratio
for the stock of overseas assets fails from A to (A-S) and if the rate of growth of nominal income is x per cent then the equilibrium current account surplus falls from (x/l00)*A to (x/100)*(A-S).