Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 孟庆来教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1016/j.econlet.2003.12.025 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/7WOS source URL
其它资讯
摘要This paper characterizes indeterminacy conditions for a small open economy business cycle model. The preferences are the utility function commonly used in closed-economy models in the literature, coupled with an endogenously determined discount rate. It shows that indeterminacy can occur under arbitrarily small external effects, independently of the intertemporal elasticities in consumption and labor supply. (C) 2004 Elsevier B.V. All rights reserved.
着者Bian Y, Meng QL
期刊名称Economics Letters
出版年份2004
月份9
日期1
卷号84
期次3
出版社ELSEVIER SCIENCE SA
页次315 - 322
国际标準期刊号0165-1http://aims.cuhk.edu.hk/converis/portal/Publication/765
电子国际标準期刊号18http://aims.cuhk.edu.hk/converis/portal/Publication/73-http://aims.cuhk.edu.hk/converis/portal/Publication/73http://aims.cuhk.edu.hk/converis/portal/Publication/74
语言英式英语
关键词endogenous discount rate; indeterminacy; small open economy; utility function
Web of Science 学科类别Business & Economics; Economics; ECONOMICS
