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Can a representative-agent model represent a heterogeneous-agent economy?

An, Sungbae; Chang, Yongsung; Kim, Sun-bin - 2008

Persistent link: https://www.econbiz.de/10003837307

Can a representative-agent model represent a heterogeneous-agent economy

An, Sungbae; Chang, Yongsung; Kim, Sun-bin - In: American economic journal : a journal of the American … 1 (2009) 2, pp. 29-54

Persistent link: https://www.econbiz.de/10003873637

Price and wage dynamics

Bils, Mark (contributor) - 2010

Persistent link: https://www.econbiz.de/10008988562

Resurrecting the role of the product market wedge in recessions

Bils, Mark; Klenow, Peter J.; Malin, Benjamin A. - 2014

Persistent link: https://www.econbiz.de/10010423902

Testing for Keynesian labor demand

Bils, Mark; Klenow, Peter J.; Malin, Benjamin A. - In: NBER macroeconomics annual 27 (2012), pp. 311-373

Persistent link: https://www.econbiz.de/10010493367

Testing for Keynesian labor demand

Bils, Mark; Klenow, Peter J.; Malin, Benjamin A. - 2012

Persistent link: https://www.econbiz.de/10009560793

Resurrecting the role of the product market wedge in recessions

Bils, Mark; Klenow, Peter J.; Malin, Benjamin A. - 2015

Persistent link: https://www.econbiz.de/10011481024

Appendix: resurrecting the role of the product market wedge in recessions

Bils, Mark; Klenow, Peter J.; Malin, Benjamin A. - 2015

Persistent link: https://www.econbiz.de/10011481085

Resurrecting the Role of the Product Market Wedge in Recessions

Bils, Mark - 2014

Employment and hours appear far more cyclical than dictated by the behavior of productivity and consumption. This puzzle has been called “the labor wedge” — a cyclical intratemporal wedge between the marginal product of labor and the marginal rate of substitution of consumption for...

Persistent link: https://www.econbiz.de/10013046159

Resurrecting the role of the product market wedge in recessions

Bils, Mark; Klenow, Peter J.; Malin, Benjamin A. - In: The American economic review 108 (2018) 4/5, pp. 1118-1146

Persistent link: https://www.econbiz.de/10011853080