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Capital-Labor Substitution, Equilibrium Indeterminacy, and the Cyclical Behavior of Labor Income

Guo, Jang-Ting; Lansing, Kevin J. - Department of Economics, University of California-Riverside - 2008

This paper examines the quantitative relationship between the elasticity of capital-labor substitution and the conditions needed for equilibrium indeterminacy (and belief-driven áuctuations) in a one-sector growth model. Our analysis employs a ínormalizedîversion of the CES production...

Persistent link: https://www.econbiz.de/10005006784

Maintenance expenditures and indeterminacy under increasing returns to scale

Guo, Jang-ting (contributor); Lansing, Kevin J. (contributor) - 2005

Persistent link: https://www.econbiz.de/10003159046

Capital-labor substitution and equilibrium indeterminacy

Guo, Jang-ting; Lansing, Kevin J. - In: Journal of economic dynamics & control 33 (2009) 12, pp. 1991-2000

Persistent link: https://www.econbiz.de/10003908263

Maintenance expenditures and indeterminacy under increasing returns to scale

Guo, Jang-ting; Lansing, Kevin J. - In: International journal of economic theory 3 (2007) 2, pp. 147-158

Persistent link: https://www.econbiz.de/10003572237

Capital-labor substitution, equilibrium indeterminacy, and the cyclical behavior of labor income

Guo, Jang-ting (contributor); Lansing, Kevin J. (contributor) - 2008

Persistent link: https://www.econbiz.de/10003722401

Fiscal policy, increasing returns, and endogenous fluctuations

Guo, Jang-ting; Lansing, Kevin J. - In: Macroeconomic dynamics 6 (2002) 5, pp. 633-664

Persistent link: https://www.econbiz.de/10001742188

Globally-stabilizing fiscal policy rules

Guo, Jang-ting (contributor); Lansing, Kevin J. (contributor) - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 7 (2003) 2

Persistent link: https://www.econbiz.de/10002004110

Tax structure and welfare in a model of optimal fiscal policy

Guo, Jang-ting - In: Economic review 33 (1997) 1, pp. 11-23

Persistent link: https://www.econbiz.de/10001223402

Tax structure, optimal fiscal policy, and the business cycle

Guo, Jang-ting - In: Economic review 30 (1994) 4, pp. 2-14

Persistent link: https://www.econbiz.de/10001192571

Indeterminacy and stabilization policy

Guo, Jang-ting - In: Journal of economic theory 82 (1998) 2, pp. 481-490

Persistent link: https://www.econbiz.de/10001251523

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