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Stochastic capital depreciation and the comovement of hours and productivity

Dueker, Michael (contributor); … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001971164

Labor Hoarding and inventories

Wen, Yi (contributor) - 2005 - rev.

Persistent link: https://www.econbiz.de/10003342433

Uniform working hours and structural unemployment

Liu, Haoming (contributor); Wen, Yi (contributor); … - 2005

working schedules. This simple model can generate unemployment, even if wages adjust instantaneously, firms are perfectly … working for the same hours as high-skilled workers at competitive wages based on productivity. Thus our model offers an …

Persistent link: https://www.econbiz.de/10002956728

The use of long-run restrictions for the identification of technology shocks

Francis, Neville (contributor); … - 2003 - [Elektronische Ressource], rev

Persistent link: https://www.econbiz.de/10001979869

Cities, skills, and inequality

Wheeler, Christopher H. (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002496999

What happens when the technology growth trend changes? : Transition dynamics, capital growth and the new economy

Pakko, Michael Robert (contributor) - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001965032

Inflation persistence and flexible prices

Dittmar, Robert F. (contributor); … - 2003 - [Elektronische Ressource], rev

Persistent link: https://www.econbiz.de/10001941480

Whereś the beef? : the trivial dynamics of real business cycle models

Wen, Yi (contributor) - 2005

Persistent link: https://www.econbiz.de/10003342431

Another look at sticky prices and output persistence

Wang, Peng-fei (contributor); Wen, Yi (contributor) - 2005

"Price rigidity is the key mechanism for propagating business cycles in traditional Keynesian theory. Yet the New Keynesian literature has failed to show that sticky prices by themselves can effectively propagate business cycles in general equilibrium. We show that price rigidity in fact can (by...

Persistent link: https://www.econbiz.de/10002956723

Optimal monetary policy, endogenous sticky prices, and multiplicity of equilibria

Barseghyan, Levon (contributor); … - 2005 - rev.

"We analyze optimal monetary policy in an endogenous sticky price model. Similar models with exogenous sticky prices can deliver multiplicity of equilibria. Multiplicity of equilibria is a necessary condition for expectation traps to explain the variation across time and countries of inflation...

Persistent link: https://www.econbiz.de/10002934314