𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Methodology and the equilibrium approach to business cycles

✍ Scribed by Michael R. McMahon


Book ID
112728187
Publisher
Springer US
Year
1982
Tongue
English
Weight
96 KB
Volume
10
Category
Article
ISSN
0197-4254

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Time to enter and business cycles
✍ David Cook πŸ“‚ Article πŸ“… 2001 πŸ› Elsevier Science 🌐 English βš– 204 KB

This paper examines a model in which market entry forms a business cycle propagation mechanism. During expansionary periods, new "rms enter previously monopolized markets creating e$ciency gains that amplify the e!ect of technology and "scal policy shocks on employment. Market entry is delayed creat