Search Results - subject:"Producer entry"

The Domestic and International Effects of Interstate U.S. Banking

Cacciatore, Matteo; Ghironi, Fabio; Stebunovs, Viktors - Federal Reserve Board (Board of Governors of the … - 2014

, stochastic, general equilibrium model with endogenous producer entry. Integration of banking across localities reduces the degree … increased producer entry, real exchange rate appreciation, and a current account deficit. The foreign economy experiences a long …

Persistent link: https://www.econbiz.de/10010886231

On the Macroeconomic Implications of Firm Dynamics, Banking, and Reputation

Alexander Totzek - 2011

Since the publication of Keynes' “General Theory of Employment, Interest, and Money” in 1936 many new ideas and solution concepts for macroeconomic problems emerged, disappeared, and were combined in order to appropriately describe macroeconomic phenomena. Nowadays, New Keynesian frameworks...

Persistent link: https://www.econbiz.de/10009429001

Firms' Heterogeneity, Endogenous Entry, and Exit Decisions

Totzek, Alexander - 2010

As GDP is highly correlated with both entering and exiting firms, we develop a totally microfounded DSGE model with endogenous firms entry as well as exit decisions. We show that the simplifying assumption of a constant firms' death rate made by the recent literature on DSGE modelling can lead...

Persistent link: https://www.econbiz.de/10010270281

The Domestic and International Effects of Interstate U.S. Banking

Ghironi, Fabio; Stebunovs, Viktors - Department of Economics, Boston College - 2010

by the U.S. since the late 1970s in a dynamic, stochastic, general equilibrium model with endogenous producer entry … implements this form of deregulation experiences increased producer entry, real exchange rate appreciation, and a current account …

Persistent link: https://www.econbiz.de/10008763486