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Increasing returns, home production and persistence of business cycles
Perli, Roberto - In: Journal of economic dynamics & control 22 (1998) 4, pp. 519-543
Persistent link: https://www.econbiz.de/10001236982
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RBC models and the hours-wages puzzle : puzzle solved!
Vasilev, Aleksandar - 2015
This paper shows that a modified real business cycle (RBC) model, one that includes home production and fiscal spending shocks, can solve one of the RBC puzzles and generates zero correlation between wages and hours. In addition, the micro-founded model presented here provides a sound...
Persistent link: https://www.econbiz.de/10011487475
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RBC models and the hours-wages puzzle : puzzle solved!
Vasilev, Aleksandar - 2015
This paper shows that a modified real business cycle (RBC) model, one that includes home production and fiscal spending shocks, can solve one of the RBC puzzles and generates zero correlation between wages and hours. In addition, the micro-founded model presented here provides a sound...
Persistent link: https://www.econbiz.de/10011500192
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Balanced-budget rules, elasticity of substitutional, and macroeconomic (in)stability
Xue, Jianpo; Yip, Chong Kee - In: Journal of public economic theory 17 (2015) 2, pp. 196-218
Persistent link: https://www.econbiz.de/10011349281
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The Ramsey model with monopolistic competition and general preferences
Etro, Federico - In: Economics letters 145 (2016), pp. 141-144
Persistent link: https://www.econbiz.de/10011618340
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Can RBC models explain business cycles in Korea?
Rhee, Wooheon - In: Macroeconomic dynamics 21 (2017) 3, pp. 599-623
Persistent link: https://www.econbiz.de/10011686387
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Intertemporal production and intertemporal substitution in output supply and input demand
Kim, H. Youn; Lee, Junsoo - In: Applied economics 49 (2017) 38, pp. 3797-3814
Persistent link: https://www.econbiz.de/10011819937
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The dynamics of hours worked and technology
Cantore, Cristiano; Ferroni, Filippo; León-Ledesma, … - In: Journal of economic dynamics & control 82 (2017), pp. 67-82
Persistent link: https://www.econbiz.de/10011915308
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The macroeconomics of subsistence points
Ravn, Morten O.; Schmitt-Grohé, Stephanie; Uribe, Martín - 2004
Persistent link: https://www.econbiz.de/10002524422
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On-the-job human capital investment and intertemporal substitution : new evidence on intertemporal substitution elasticity
Lee, Chul-in - In: Journal of economic dynamics & control 32 (2008) 10, pp. 3350-3375
Persistent link: https://www.econbiz.de/10003775853