Capacity utilization under increasing returns to scale
From MaRDI portal
Publication:1268583
DOI10.1006/jeth.1998.2412zbMath0910.90055OpenAlexW2024392375MaRDI QIDQ1268583
Publication date: 19 April 1999
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1006/jeth.1998.2412
Related Items (53)
Progressive taxation and macroeconomic stability in two-sector models with social constant returns ⋮ Skills, sunspots and cycles ⋮ The environmental Kuznets curve and equilibrium indeterminacy ⋮ Alternative government financing and aggregate fluctuations driven by self-fulfilling expectations ⋮ LOCAL INDETERMINACY IN CONTINUOUS-TIME MODELS: THE ROLE OF RETURNS TO SCALE ⋮ Herding through booms and busts ⋮ Believe it or not: experimental evidence on sunspot equilibria with social networks ⋮ Macroeconomic (in)stability and endogenous market structure with productive government expenditure ⋮ Variety matters ⋮ Volatility, growth, and welfare ⋮ Increasing returns and unsynchronized wage adjustment in sunspot models of the business cycle ⋮ Optimal intervention policies for a small monetary economy ⋮ Firm dynamics and markup variations: Implications for sunspot equilibria and endogenous economic fluctuations ⋮ Increasing returns, capital utilization, and the effects of government spending ⋮ On sunspot fluctuations in variable capacity utilization models ⋮ Can indeterminacy resolve the cross-country correlation puzzle? ⋮ Indeterminacy, sunspots, and development traps ⋮ The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures ⋮ Expectational stability of sunspot equilibria in non-convex economies ⋮ Endogenous money or sticky prices? Comment on monetary non-neutrality and inflation dynamics ⋮ Capital utilization, economic growth and convergence ⋮ What inventories tell us about aggregate fluctuations -- a tractable approach to \((S,s)\) policies ⋮ SUNSPOTS AND CREDIT FRICTIONS ⋮ Another look at sticky prices and output persistence ⋮ Impatience and equilibrium indeterminacy ⋮ By force of demand: Explaining international comovements ⋮ Local determinacy with non-separable utility ⋮ Imperfect competition and indeterminacy of aggregate output ⋮ Income effects and indeterminacy in a calibrated one-sector growth model ⋮ Sunspots and the business cycle in a finance constrained economy ⋮ Indeterminacy and endogenous growth with social constant returns ⋮ Unemployment and indeterminacy ⋮ Understanding self-fulfilling rational expectations equilibria in real business cycle models ⋮ Indeterminacy with capital utilization and sector-specific externalities ⋮ (In)determinacy, increasing returns, and the optimality of the Friedman rule in an endogenously growing open economy ⋮ On the indeterminacy of equilibrium in an endogenous growth model with non-separable preferences ⋮ A NOTE ON OIL DEPENDENCE AND ECONOMIC INSTABILITY ⋮ ASSET PRICING IN DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODELS WITH INDETERMINACY ⋮ Measuring the capacity utilization of the 48 largest iron and steel enterprises in China ⋮ Externalities and nonlinear discounting: Indeterminacy ⋮ When can changes in expectations cause business cycle fluctuations in neo-classical settings? ⋮ Macroeconomic (in)stability under real interest rate targeting ⋮ Money growth targeting and indeterminacy in small open economies ⋮ Fiscal policy and indeterminacy in models of endogenous growth. ⋮ Multi-product firms and increasing marginal costs ⋮ Introduction to sunspots in macroeconomics ⋮ Capacity utilization under increasing returns to scale ⋮ Real business cycles, animal spirits, and stock market valuation ⋮ A NOTE ON TARIFF POLICY, INCREASING RETURNS, AND ENDOGENOUS FLUCTUATIONS ⋮ Capital-labor substitution and equilibrium indeterminacy ⋮ LIQUIDITY CONSTRAINTS, HETEROGENEOUS HOUSEHOLDS AND SUNSPOT FLUCTUATIONS ⋮ Introduction to the symposium on bubbles, multiple equilibria, and economic activities ⋮ Credit search and credit cycles
Cites Work
- Self-fulfilling prophecies
- Stationary sunspot equilibria in a finance constrained economy
- Increasing returns, home production and persistence of business cycles
- Capacity utilization under increasing returns to scale
- Indeterminacy and sunspots with constant returns
- Introduction to the symposium on growth, fluctuations, and sunspots: Confronting the data
- Indeterminacy and increasing returns
- Real business cycles and the animal spirits hypothesis
- Monopolistic competition, business cycles, and the composition of aggregate demand
- Hours and employment variation in business cycle theory
- Comparing four models of aggregate fluctuations due to self-fulfilling expectations
- Equilibrium business cycles with idle resources and variable capacity utilization
- Growth and Indeterminancy in Dynamic Models with Externalities
This page was built for publication: Capacity utilization under increasing returns to scale