Borghans, Lex (contributor); Weel, Bas ter (contributor) - 2008
foundation for the CES production function that allows for changes in the underlying structure. We adapt the macro model by … studies that are based on CES production functions. We propose a
micro foundation for the CES production function that allows … aggregate effects might resemble the patterns
predicted by a CES production function, but the long-run consequences will be very …