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Lost in Translation: Unified Consumption Theory, Dynamic AS-AD, and Business Cycles
Gillman, Max - 2013
derivation builds a permanent income type consumption demand that corresponds to a consumption theory that depends on current …
Persistent link: https://www.econbiz.de/10010494535
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AS-AD in the Standard Dynamic Neoclassical Model: Business Cycles and Growth Trends
Gillman, Max - 2012
path equilibrium. The derivation first builds consumption demand, aggregate demand, and then aggregate supply through the … consumer's time endowment, this captures a change in the "external margin" of labor supply. These comparative statics enable …
Persistent link: https://www.econbiz.de/10010494523
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AS-AD in the standard dynamic neoclassical model: Business cycles and growth trends
Gillman, Max - 2012
path equilibrium. The derivation first builds consumption demand, aggregate demand, and then aggregate supply through the … consumer's time endowment, this captures a change in the external margin of labor supply. These comparative statics enable …
Persistent link: https://www.econbiz.de/10010288790
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AS-AD in the Standard Dynamic Neoclassical Model: Business Cycles and Growth Trends
Gillman, Max - Economics Section, Cardiff Business School - 2012
path equilibrium. The derivation first builds consumption demand, aggregate demand, and then aggregate supply through the … consumer's time endowment, this captures a change in the "external margin" of labor supply. These comparative statics enable …
Persistent link: https://www.econbiz.de/10010729310
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AS-AD in the Standard Dynamic Neoclassical Model: Business Cycles and Growth Trends
Gillman, Max - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2012
path equilibrium. The derivation first builds consumption demand, aggregate demand, and then aggregate supply through the … consumer's time endowment, this captures a change in the "external margin" of labor supply. These comparative statics enable …
Persistent link: https://www.econbiz.de/10010693814
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AS-AD in the standard dynamic neoclassical model : business cycles and growth trends
Gillman, Max - 2012
path equilibrium. The derivation first builds consumption demand, aggregate demand, and then aggregate supply through the … consumer's time endowment, this captures a change in the "external margin" of labor supply. These comparative statics enable …
Persistent link: https://www.econbiz.de/10009535561
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Lost in translation : unified consumption theory, dynamic AS-AD, and business cycles
Gillman, Max - 2013
. -- Ramsey-Cass-Koopmans ; supply ; demand ; state variable ; external labor margin … derivation builds a permanent income type consumption demand that corresponds to a consumption theory that depends on current …
Persistent link: https://www.econbiz.de/10009707672
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A Classroom Entry and Exit Game of Supply with Price-Taking Firms
Cheung, Stephen L. - In: Journal of Economic Education 36 (2005) 4, pp. 358-368
multiple units for sale, they face a nontrivial supply decision. This is nested in an entry and exit game with price adjustment …
Persistent link: https://www.econbiz.de/10005464557
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Phillips Curve for Advanced Economies on Period 1996-2007 - United States and Euro Area Case
Manuel, Eduardo - 2006
This paper explains and shows us the Phillips Curve for advanced economies on period 1996-2007 for specially for the United States and Euro area case. The informations for 2006 and 2007 was considered being in attention the forecasting of International Monetary Fund (IMF) for these years. We...
Persistent link: https://www.econbiz.de/10015221587
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Introducing Dynamic Analysis Using Malthus’s Principle of Population
Pingle, Mark - In: Journal of Economic Education 34 (2003) 1, pp. 3-20
Dynamic models are increasingly used in economics, especially in macroeconomics. However, the skills required for constructing and analyzing dynamic models are advanced relative to those required for static models. Consequently, dynamic models are difficult to introduce into courses where the...
Persistent link: https://www.econbiz.de/10005464537