Search Results - subject:"Time‐to‐build"

Optimal policy and consumption smoothing effects in the time-to-build AK model

Bambi, M.; Fabbri, G.; Gozzi, F. - In: Economic Theory 50 (2012) 3, pp. 635-669

the consumption smoothing mechanism in an endogenous growth model with time to build, linear technology and … irreversibility constraint in investment. Moreover, the link among the time to build parameter, the real interest rate, and the … by the same technology and utility function. Finally, we have analyzed the effect of time to build on the speed of …

Persistent link: https://www.econbiz.de/10010593358

Time-to-build, obsolescence and the technological paradox

Patriarca, Fabrizio - In: Structural Change and Economic Dynamics 23 (2012) 1, pp. 1-10

The paper focusses on the technological paradox. To analyze the possible temporary negative effect of an innovation we make use of a flow representation of production. Our aim is to show that such phenomenon can be justified by a simple property of the production process: in real time costs...

Persistent link: https://www.econbiz.de/10010573251

Decision-making in sequential projects : expected time-to-build and probability of failure

Mölls, Sascha H.; Schild, Karl-Heinz - In: Review of quantitative finance and accounting 39 (2012) 1, pp. 1-25

Persistent link: https://www.econbiz.de/10009629133

Time-lagged accumulation of stock pollutants

Winkler, Ralph - 2004

generalizes the existing time-to-build literature, where time lagged capital accumulation is supposed to be sufficient for …

Persistent link: https://www.econbiz.de/10011422117

Real Exchange Rate and Consumption Fluctuations following Trade Liberalization

Jönsson, Kristian - Economics Institute for Research (SIR), … - 2004

sector along the lines of Balassa-Samuelson, of time-to-build, and of habit formation in preferences. In contrast to previous … time-to-build, and of habit formation in preferences. In contrast to previous studies, we �nd that habit formation on its …. Therefore, time-to-build has the potential of making the real exchange rate gradually increase after trade liberalization …

Persistent link: https://www.econbiz.de/10005649267

The short-run dynamics of optimal growth models with delays

Puch, Luis A.; Collard, Fabrice; Licandro, Omar - Society for Computational Economics - SCE - 2004

models with delays. Models with investment gestation lags (time-to-build), consumption gestation lags (habit formation) or … we propose to solve for the short run dynamics of a neoclassical growth model with a simple time--to--build lag. …

Persistent link: https://www.econbiz.de/10005345313

Time-lagged accumulation of stock pollutants

Winkler, Ralph - 2004

generalizes the existing time-to-build literature, where time lagged capital accumulation is supposed to be sufficient for …

Persistent link: https://www.econbiz.de/10002189291

Public investment, time to build, and the zero lower bound

Bouakez, Hafedh; Guillard, Michel; Roulleau-Pasdeloup, … - In: Review of economic dynamics 23 (2017), pp. 60-79

Persistent link: https://www.econbiz.de/10011745642

Interest rates and investment coordination failures

Hendrickson, Joshua R. - In: The review of Austrian economics 30 (2017) 4, pp. 493-515

Persistent link: https://www.econbiz.de/10011803544

Adjustment Is Much Slower Than You Think

Caballero, Ricardo J.; Engel, Eduardo M.R.A. - 2003

In most instances, the dynamic response of monetary and other policies to shocks is infrequent and lumpy. The same holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and prices. We show that the standard practice of estimating...

Persistent link: https://www.econbiz.de/10010369179