期刊論文
| 學年 | 108 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2020-06-30 |
| 作品名稱 | Non-separable Utilities and Aggregate Instability |
| 作品名稱（其他語言） | |
| 著者 | Been-Lon Chen; Shun-Fa Lee; Xavier Raurich |
| 單位 | |
| 出版者 | |
| 著錄名稱、卷期、頁數 | International Journal of Economic Theory |
| 摘要 | This paper studies an infinite-horizon two-sector growth model with sector-specific externalities and preferences that are non-separable between consumption and leisure. We find two main results. First, a larger income effect on the labor supply increases the possibility of macroeconomic instability. Second, a larger elasticity of the labor supply may increase or decrease the possibility of aggregate instability, depending on the intensity of the income effect. |
| 關鍵字 | Indeterminacy;non-separable preferences;income effect;labor supply elasticity |
| 語言 | en_US |
| ISSN | |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 是 |
| 國別 | JPN |
| 公開徵稿 | |
| 出版型式 | ,電子版,紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/112847 ) |