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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4229 |
DP4229 Implementing Optimal Policy Through Inflation-Forecast Targeting | |
Lars E.O. Svensson; Michael Woodford | |
发表日期 | 2004-02-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | This Paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm?s boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of scale and scope. We examine the trade-off between the gains from these complementarities and transactions costs. In so doing, we must abandon the standard dichotomy between the determinants of plant size and firm size. The influence of factor complementarities on firm size is examined in partial and general equilibrium frameworks. |
主题 | Labour Economics |
关键词 | Economies of scale and scope Firm Transaction costs Factor complementarities |
URL | https://cepr.org/publications/dp4229 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533196 |
推荐引用方式 GB/T 7714 | Lars E.O. Svensson,Michael Woodford. DP4229 Implementing Optimal Policy Through Inflation-Forecast Targeting. 2004. |
条目包含的文件 | 条目无相关文件。 |
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