在连续时间内具有不确定寿命的内源性循环

IF 1.8 4区 经济学 Q2 ECONOMICS Economics Letters Pub Date : 1986-01-01 Epub Date: 2002-04-01 DOI:10.1016/0165-1765(86)90223-5
William Whitesell
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引用次数: 0

摘要

Blanchard(1985)修正了内生劳动力供给模型,发现了内生均衡经济周期。由于生产和消费的替代弹性较低,周期围绕实际利率为正的稳定状态出现。
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Endogenous cycles with uncertain lifespans in continuous time
Endogenous equilibrium business cycles are found in a Blanchard (1985) model modified to include endogenous labor supply. With low elasticities of substitution in production and consumption, cycles arise around stationary states with positive real interest rates.
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来源期刊
Economics Letters
Economics Letters ECONOMICS-
CiteScore
3.20
自引率
5.00%
发文量
348
审稿时长
30 days
期刊介绍: Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.
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