Indeterminacy in a small open economy with endogenous labor supply

被引：21

作者：

Meng, QL ^{[1
]}

Velasco, A

机构：

[1] Chinese Univ Hong Kong, Dept Econ, Shatin, Hong Kong, Peoples R China

[2] Harvard Univ, John F Kennedy Sch Govt, Cambridge, MA 02138 USA

来源：

ECONOMIC THEORY | 2003年 / 22卷 / 03期

关键词：

indeterminacy; small open economy; business cycles;

D O I：

10.1007/s00199-002-0308-5

中图分类号：

F [经济];

学科分类号：

02 ;

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.

引用

页码：661 / 669

页数：9

共 50 条

[1] Indeterminacy in a small open economy with endogenous labor supply
Qinglai Meng
Andrés Velasco
[J]. Economic Theory, 2003, 22 : 661 - 669
[2] Preferences, endogenous discount rate, and indeterminacy in a small open economy model
Bian, Y
Meng, QL
[J]. ECONOMICS LETTERS, 2004, 84 (03) : 315 - 322
[3] Indeterminacy in a dynamic small open economy
Nishimura, K
Shimomura, K
[J]. JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 2002, 27 (02): : 271 - 281
[4] Stabilization policy and indeterminacy in a small open economy
Zhang, Yan
[J]. ECONOMIC MODELLING, 2020, 90 : 159 - 167
[5] TAX POLICY AND ENDOGENOUS FACTOR SUPPLY IN A SMALL OPEN-ECONOMY
WASCHIK, RG
[J]. SOUTHERN ECONOMIC JOURNAL, 1995, 61 (03) : 755 - 766
[6] A note on indeterminacy in overlapping generations economies with environment and endogenous labor supply
Seegmuller, Thomas
Verchere, Alban
[J]. MACROECONOMIC DYNAMICS, 2007, 11 (03) : 423 - 429
[7] Indeterminacy in a small open economy Ramsey growth model
Weder, M
[J]. JOURNAL OF ECONOMIC THEORY, 2001, 98 (02) : 339 - 356
[8] Endogenous labor market institutions in an open economy
Felbermayr, Gabriel J.
Larch, Mario
Lechthaler, Wolfgang
[J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2012, 23 : 30 - 45
[9] Government policies and graft in an economy with endogenous labor supply
Mukherji, N
[J]. JOURNAL OF DEVELOPMENT ECONOMICS, 2004, 73 (01) : 423 - 434
[10] Consumption taxation, social status and indeterminacy in models of endogenous growth with elastic labor supply
Itaya, Jun-ichi
Kanamori, Naoshige
[J]. JOURNAL OF ECONOMICS, 2010, 100 (02) : 141 - 163

← 1 2 3 4 5 →