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Costly Financial Intermediation in Neoclassical Growth Theory
Mehra, Rajnish; Prescott, Edward C.; Piguillem, Facundo - National Bureau of Economic Research (NBER) - 2008
The neoclassical growth model is extended to include costly intermediated borrowing and lending between households. This is an important extension as substantial resources are used in intermediating the large amount of borrowing and lending between households. In 2007, in the United States, the...
Persistent link: https://www.econbiz.de/10005778238
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Northern America's production of technology capital is transforming the world economy
Prescott, Edward C. - In: Business economics : the journal of the National … 51 (2016) 3, pp. 127-132
Persistent link: https://www.econbiz.de/10011724550
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US hours at work
Cociuba, Simona E.; Prescott, Edward C.; Ueberfeldt, … - In: Economics letters 169 (2018), pp. 87-90
Persistent link: https://www.econbiz.de/10012019556
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Tarnishing the golden and empire states : land-use restrictions and the U.S. economic slowdown
Herkenhoff, Kyle; Ohanian, Lee E.; Prescott, Edward C. - In: Journal of monetary economics 93 (2018), pp. 89-109
Persistent link: https://www.econbiz.de/10012102966
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Comment on "Tarnishing the golden and empire states: land-use regulations and the U.S. economic slowdown," by Herkenhoff, Ohanian, and Prescott
Tonetti, Christopher - In: Journal of monetary economics 93 (2018), pp. 110-113
Persistent link: https://www.econbiz.de/10012102970
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Fiat value in the theory of value
Prescott, Edward C.; Wessel, Ryan - 2017 - Revised June 2017
Persistent link: https://www.econbiz.de/10011565595
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Equilibrium with mutual organizations in adverse selection economies
Blandin, Adam; Boyd, John H.; Prescott, Edward C. - In: Economic theory : official journal of the Society for … 62 (2016) 1/2, pp. 3-13
Persistent link: https://www.econbiz.de/10011554094
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Editorial to the special issue in honor of Bernard Cornet
Araújo, Aloisio Pessoa de; Bonnisseau, Jean-Marc; … - In: Economic theory : official journal of the Society for … 62 (2016) 1/2, pp. 1-2
Persistent link: https://www.econbiz.de/10011554095
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James Tobin, Franco Modigliani, Finn E. Kydland and Edward C. Prescott
Mulhearn, Chris (contributor); Vane, Howard R. (contributor) - 2010
Finn E. Kydland and Edward C. Prescott (1991), 'Hours and Employment Variation in Business Cycle Theory', Economic Theory, 1 (1), January, 63-81 -- David K. Backus, Patrick J. Kehoe and Finn E. Kydland (1992), 'International Real Business Cycles', Journal of Political Economy, 100 (4), August,...
Persistent link: https://www.econbiz.de/10011852293
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On financing retirement with an aging population
McGrattan, Ellen R.; Prescott, Edward C. - In: Quantitative economics : QE ; journal of the … 8 (2017) 1, pp. 75-115
Persistent link: https://www.econbiz.de/10011804828