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Nobelity and novelty : Finn Kydland and Edward Prescott’s contributions viewed from Vienna

Subrick, J. Robert; Young, Andrew T. - In: The review of Austrian economics 23 (2010) 1, pp. 35-53

Persistent link: https://www.econbiz.de/10003969565

Theory ahead of business cycle measurement

Prescott, Edward C. - 1986

Persistent link: https://www.econbiz.de/10000710874

Nonconvexities in quantitive general equilibrium studies of business cycles

Prescott, Edward C. - In: Frontiers in applied general equilibrium modeling : in …, (pp. 95-118). 2005

Persistent link: https://www.econbiz.de/10002860242

Non-convexities in quantitative general equilibrium studies of business cycles

Prescott, Edward C. - 2003 - Rev

"This paper reviews the role of micro non-convexities in the study of business cycles. One important non-convexity arises because an individual can work only one workweek length in a given week. The implication of this non-convexity is that the aggregate intertemporal elasticity of labor supply...