Aggregate fluctuations with increasing returns to specialization and scale

DOI10.1016/0165-1889(95)00868-3zbMath0875.90118MaRDI QIDQ1351334

Beverly J. Lapham, Michael B. Devereux, Allen C. Head

Publication date: 27 February 1997

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(95)00868-3

zbMATH Keywords

Monopolistic competition; Aggregate fluctuations; Increasing returns

Mathematics Subject Classification ID

91B62: Economic growth models

Related Items

Time to enter and business cycles, Oligopolistic competition and optimal monetary policy, Variety matters, Firm entry, credit availability and monetary policy, What determines aggregate returns to scale?, Fiscal policy, monopolistic competition, and finite lives, Export promotion, learning by doing, and growth, Existence and uniqueness of equilibrium in distorted dynamic economies with capital and labor, Animal spirits, technology shocks and the business cycle, A model of entry, exit, and plant-level dynamics over the business cycle, Returns to specialization, competition, population, and growth, Firm dynamics and markup variations: Implications for sunspot equilibria and endogenous economic fluctuations, MACROECONOMIC VOLATILITY AND INTERNATIONAL INTEGRATION, BUSINESS CYCLE EVIDENCE ON FIRM ENTRY

Cites Work

• Coordinating Coordination Failures in Keynesian Models
• Time to Build and Aggregate Fluctuations
• Strategic Complementarity in Business Formation: Aggregate Fluctuations and Sunspot Equilibria