Hours and employment variation in business cycle theory

DOI10.1007/BF01210574zbMath0807.90030OpenAlexW2045127993MaRDI QIDQ1338123

Finn E. Kydland, Edward C. Prescott

Publication date: 18 December 1994

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01210574

zbMATH Keywords

business cycle modelsaggregate fluctuationsSolow technology shocks

Mathematics Subject Classification ID

Related Items (22)

Introduction to the symposium: The discipline of applied general equilibrium ⋮ The business cycle with nominal contracts ⋮ Equilibrium business cycles with idle resources and variable capacity utilization ⋮ Relative effects of labor taxes on employment and working hours: role of mechanisms shaping working hours ⋮ Edward C. Prescott's contributions to economics: guest editors' introduction ⋮ Technical progress and aggregate fluctuations ⋮ Endogenous business cycle propagation and the persistence problem: the role of labor-market frictions ⋮ Modeling time-variation over the business cycle (1960--2017): an international perspective ⋮ Employment and hours over the business cycle ⋮ On dynamics with time-to-build investment technology and non-time- separable leisure ⋮ Heterogeneous agents in quantitative aggregate economic theory ⋮ Variance properties of Solow's productivity residual and their cyclical implications ⋮ Seasonality and equilibrium business cycle theories ⋮ Employment and hours over the business cycle ⋮ Classical competitive analysis of economies with islands ⋮ Capacity utilization under increasing returns to scale ⋮ 2018 KLEIN LECTURE: INDIVIDUAL AND AGGREGATE LABOR SUPPLY IN HETEROGENEOUS AGENT ECONOMIES WITH INTENSIVE AND EXTENSIVE MARGINS ⋮ Public support to innovation and imitation in a non-scale growth model ⋮ ACCOUNTING FOR THE RELATIONSHIP BETWEEN MONEY AND INTEREST RATES ⋮ The link between growth volatility and technical progress: cross-country evidence. ⋮ Real business-cycle theory. Wisdom or whimsy? ⋮ Introduction to sunspots and lotteries

Cites Work

• Unnamed Item
• The translog function and the substitution of equipment, structures, and labor in U. S. manufacturing 1929 - 68
• Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard
• Time to Build and Aggregate Fluctuations
• Employment and hours over the business cycle

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