The American Economic Review, Volume 96American Economic Association., 2006 |
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Página 524
... endogenous productivity , countercyclical markups , and variable factor utilization . We incorporate endogenous pro- 2 While similar in spirit , our definition differs from Blan- chard's ( 1997 ) , Ricardo J. Caballero and Mohamad L ...
... endogenous productivity , countercyclical markups , and variable factor utilization . We incorporate endogenous pro- 2 While similar in spirit , our definition differs from Blan- chard's ( 1997 ) , Ricardo J. Caballero and Mohamad L ...
Página 532
... endogenous rate of adop- tion of new technologies , along with endogenous R & D . By doing so , we are able to allow for empirically reasonable diffusion lags but still generate endogenous medium - term swings in productivity . Roughly ...
... endogenous rate of adop- tion of new technologies , along with endogenous R & D . By doing so , we are able to allow for empirically reasonable diffusion lags but still generate endogenous medium - term swings in productivity . Roughly ...
Página 542
... endogenous component to this variable . 23 Rather than attempt to match imprecisely estimated conditional moments , we follow the lead of the traditional real business cycle lit- erature by exploring how well a single shock , presumed ...
... endogenous component to this variable . 23 Rather than attempt to match imprecisely estimated conditional moments , we follow the lead of the traditional real business cycle lit- erature by exploring how well a single shock , presumed ...
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agent analysis assumption auction average behavior bidder bonus rate buyer certifier choice choose coefficient column concave condition consumers consumption correlation cost cotinine countries demand denote distribution earnings effect efficient effort levels endogenous enrollment equation equilibrium estimates exchange rate expected Figure firm gamble GATT growth higher human capital impact implies incarceration income increase incumbent individual investment Jobs Journal of Economics Lemma March CPS marginal marginal cost match May/ORG measure ment mixed strategy monthly contract Nash equilibrium nomic observed optimal order flow outcomes p-value paper parameter payoff percent period players predictions preferences price vector profits Proposition quantiles regression relative supply residual residual variance risk aversion rounds sample Section skills smoking standard strategy subsidy Table tariff Theorem tion topcode users utility functions variables variance wage inequality Walrasian equilibrium welfare workers zero