Showing 1 - 10 of 27
Persistent link: https://www.econbiz.de/10012126880
This paper examines the role of uncertainty shocks in a one-sector, representative-agent dynamic stochastic general equilibrium model. When prices are flexible, uncertainty shocks are not capable of producing business cycle comovements among key macro variables. With countercyclical markups...
Persistent link: https://www.econbiz.de/10010343352
Persistent link: https://www.econbiz.de/10003755026
Persistent link: https://www.econbiz.de/10003490345
This paper examines the role of uncertainty shocks in a one-sector, representative-agent dynamic stochastic general-equilibrium model. When prices are flexible, uncertainty shocks are not capable of producing business-cycle comovements among key macro variables. With countercyclical markups...
Persistent link: https://www.econbiz.de/10009312762
Persistent link: https://www.econbiz.de/10011430681
Persistent link: https://www.econbiz.de/10011327211
Persistent link: https://www.econbiz.de/10010477715
This paper examines the role of uncertainty shocks in a one-sector, representative-agent dynamic stochastic general equilibrium model. When prices are flexible, uncertainty shocks are not capable of producing business cycle comovements among key macro variables. With countercyclical markups...
Persistent link: https://www.econbiz.de/10009681238
Persistent link: https://www.econbiz.de/10011389025