Equilibrium business cycles with idle resources and variable capacity utilization

DOI10.1007/BF01213940MaRDI QIDQ1897295zbMATH OpenFDO

Authors Thomas F. Cooley, Gary D. Hansen, Edward C. Prescott

Publication date 30 January 1996

Published in Economic Theory (Search for Journal in Brave)

zbMATH Keywords

business cycle economy

Mathematics Subject Classification ID

Economic growth models (91B62)

Recommendations

• Variable capital utilization and investment shocks
• Capacity utilization under increasing returns to scale
• Hours and employment variation in business cycle theory
• Seasonality and equilibrium business cycle theories
• Labor and investment frictions in a real business cycle model

Cites work

• Hours and employment variation in business cycle theory

Cited in

(9)

• Capacity utilization and market power
• Self-employment and business cycle persistence: does the composition of employment matter for economic recoveries?
• Business cycle fluctuations in Mirrlees economies: the case of i.i.d. shocks
• Capacity utilization under increasing returns to scale
• Variable capital utilization and investment shocks
• Public versus private provision of liquidity: is there a trade-off?
• Sticky price models of the business cycle: can the roundabout production solve the persistence puzzle?
• Dividend taxes and investment during the U.S. Great Depression
• Household debt and the effects of fiscal policy

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