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Durable good inventories and the volatility of production : explaining the less volatile U.S. economy

Wen, Yi (contributor) - 2005

"This paper provides a simple dynamic optimization model of durable goods inventories. Closed-form solutions are derived in a general equilibrium environment with imperfect information and serially correlated shocks. The model is then applied to scrutinize some popular conjectures regarding the...

Persistent link: https://www.econbiz.de/10002956727

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 … alternative explanation for why unskilled workers are a primary source of structural unemployment"--Federal Reserve Bank of St …

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

Excessive demand and boom-bust cycles

Pintus, Patrick A. (contributor); Wen, Yi (contributor) - 2008

Persistent link: https://www.econbiz.de/10003741429

Dynamics of externalities : a second-order perspective

Wen, Yi (contributor); Wu, Huabin (contributor) - 2008

Persistent link: https://www.econbiz.de/10003783620

Inventories, liquidity, and the macroeconomy

Wen, Yi (contributor) - 2008

Persistent link: https://www.econbiz.de/10003783621

The multiplier : a general equilibrium analysis of multi-stage-fabrication economy with inventories

Wen, Yi (contributor) - 2005

Persistent link: https://www.econbiz.de/10003344532

Financial development and economic volatility : a unified explanation

Wang, Pengfei; Wen, Yi - 2009

Persistent link: https://www.econbiz.de/10003831935

Inventory accelerator in general equilibrium

Wang, Peng-Fei; Wen, Yi - 2009

Persistent link: https://www.econbiz.de/10003820336

Leveraged borrowing and boom-bust cycles

Pintus, Patrick A.; Wen, Yi - 2010

Persistent link: https://www.econbiz.de/10008668651

Credit search and credit cycles

Dong, Feng; Wang, Pengfei; Wen, Yi - 2015 - This version: August 2015

Persistent link: https://www.econbiz.de/10011392252

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