Examples of long run

• The long-run trend to retire early from the labour market is clearly visible in many countries.

• We have demonstrated that it can be measured using the deviations from long-run economic relationships, the notion of cointegration.

• But a third pattern might be to attempt to find somewhat more complex rules about whether altruism is in your long-run self-interest.

• Conversely, if condition (11) is not satisfied, the long-run distribution of wealth is dominated by type-1 agents.

• The comparison of the long-run performance of the rational and boundedly rational agents shows little difference in terms of the average utilities earned over time.

• It is important to note that both economies increase their long-run growth rate in response to the favorable technology shock.

• Second, it explicitly checks for dynamic stability of the long-run equilibria.

• The estimates of the probability of voting for the government will be misspecified if this long-run attachment is not taken into account.

• Targeting 'users' of the ecosystem services - tourists visiting the area on a safari - is likely a more viable long-run option for the payment scheme.

• Therefore, neither producers nor consumers can know the long-run environmental implications for any decisions they are making with respect to the use of transgenic crops.

• They both reduce market risk and volatility and increase long-run average returns to producers.

• The steady state real interest rate r is set at r = 0.01, a value that corresponds roughly to the long-run average (quarterly) return on capital.

• Section 3 solves the model graphically and analyzes the dynamics around the long-run equilibrium.

• Unlike all existing models without scale effects, in this model population size has no long-run level effect on per-capita consumption.

• Each was forced into the final outcome by the logic of long-run optimization within institutional constraints.