Guo, Jang-Ting; Sirbu, Anca-Ioana; Suen, Richard M. H. - Volkswirtschaftliche Fakultät, … - 2010
Eusepi (2009, International Journal of Economic Theory 5, pp. 9-23) analytically finds that a one-sector real business cycle model may exhibit positive co-movement between consumption and investment when the equilibrium wage-hours locus is positively-sloped and steeper than the household's labor...