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Showing results 1 to 10 of approximately 108.
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Journal Article
Algebraic production functions and their uses before Cobb-Douglas
Humphrey, Thomas M.
(1997-01)
Economic Quarterly
, Issue Win
, Pages 51-83
Journal Article
U.S. production abroad
Pollard, Patricia S.
(2004-06)
National Economic Trends
, Issue Jun
Working Paper
Using noisy indicators to measure potential output
Kuttner, Kenneth N.
(1991)
Working Paper Series, Macroeconomic Issues
, Paper 91-14
Journal Article
Production, prices, and money in four industrial countries
anonymous
(1972-09)
Review
, Volume 54
, Issue Sep
, Pages 11-15
Working Paper
Expected stock returns and volatility in a production economy: a theory and some evidence
Smith, Stephen D.; Singal, Padamja
(1999)
The sign of the relationship between expected stock market returns and volatility appears to vary over time, a result that seems at odds with basic notions of risk and return. In this paper we construct an economy where production involves the use of both labor and capital as inputs. We show that when capital investment is "sticky," the sign of the relation between stock market risk and return varies in accordance with the supply of labor but requires no time variation in preferences. In particular, we show that for asset market equilibria where firms face an elastic supply of labor, the ...
FRB Atlanta Working Paper
, Paper 99-8
Report
Elasticities of substitution in real business cycle models with home production
Ludvigson, Sydney; Campbell, John Y.
(1997)
Recently, there has been considerable interest in modifying the standard real business cycle model to include home production. In this paper, we construct a simple model of home production that demonstrates the connection between the intertemporal elasticity of substitution (IES), and the elasticity of substitution between home and market consumption. Understanding this connection is important because there is much larger body of empirical evidence on the size of the IES than there is on the size of the static home-market substitution elasticity. We use this framework to shed light on the ...
Research Paper
, Paper 9733
Working Paper
Concentration, prices and output in the automobile industry
Voith, Richard; Linneman, Peter
(1988)
Working Papers
, Paper 88-6
Working Paper
North-South business cycles
Kouparitsas, Michael A.
(1996)
This paper shows that the economic activity of the industrial North and developing South move together - when the North is above its trend, the South tends to be above its trend. We refer to this phenomenon as the "North-South business cycle." The paper develops a quantitative general equilibrium model of North-South trade that captures many cyclical features of North-South trade and production data. In particular, the high volatility of North-South terms of trade, and strong comovement of Northern and Southern activity. On the basis of this model we argue that North-South business cycles ...
Working Paper Series, Macroeconomic Issues
, Paper WP-96-9
Working Paper
Decentralized production and public liquidity with private information
Nachman, David C.; Smith, Stephen D.
(2000)
Firms with private information about the outcomes of production under uncertainty may face capital (liquidity) constraints that prevent them from attaining efficient levels of investment in a world with costly and/or imperfect monitoring. As an alternative, we examine the efficiency of a simple pooling scheme designed to provide a public (cooperative) supply of liquidity that results in the first best outcome for economic growth. We show that if, absent aggregate uncertainty, the elasticity of scale of the production technology is sufficiently small, then efficient levels of investment and ...
FRB Atlanta Working Paper
, Paper 2000-2
Journal Article
Financial firm's production and supply-side monetary aggregation under dynamic uncertainty
Barnett, William A.; Zhou, Ge
(1994-03)
Review
, Issue Mar
, Pages 133-165
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Production (Economic theory) 108 items
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