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Indeterminacy in a small open economy with endogenous labor supply (2003)_香港中文大学

香港中文大学 辅仁网/2017-07-06

Indeterminacy in a small open economy with endogenous labor supply
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)


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引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/11WOS source URL

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摘要We establish conditions under which indeterminacy can occur in a small open economy business cycle model with endogenous labor supply. Indeterminacy requires small externalities in technologies with social constant returns to scale, independently of the intertemporal elasticities in both consumption and labor.

着者Meng QL, Velasco A
期刊名称ECONOMIC THEORY
出版年份2003
月份10
日期1
卷号22
期次3
出版社SPRINGER-VERLAG
页次661 - 669
国际标準期刊号0938-2259
语言英式英语

关键词business cycles; indeterminacy; small open economy
Web of Science 学科类别Business & Economics; Economics; ECONOMICS

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