Indeterminacy in a small open economy with endogenous labor supply

被引：0
|
作者：
Qinglai Meng
Andrés Velasco
机构：
[1] Department of Economics,
[2] Chinese University of Hong Kong,undefined
[3] Shatin,undefined
[4] HONG KONG (e-mail: meng2000@cuhk.edu.hk) ,undefined
[5] Kennedy School of Government,undefined
[6] Harvard University,undefined
[7] Cambridge,undefined
[8] MA 02138,undefined
[9] USA,undefined
[10] and NBER,undefined
[11] USA (e-mail: andres_velasco@harvard.edu) ,undefined
来源：
Economic Theory | 2003年 / 22卷
关键词：
Keywords and Phrases: Indeterminacy, Small open economy, Business cycles.; JEL Classification Numbers: E32, F12, F4.;
D O I：
暂无
中图分类号：
学科分类号：
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
收藏
页码：661 / 669
页数：8
相关论文
共 50 条
12345