G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4229
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
URLhttps://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.
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