| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w4562 |
| 来源ID | Working Paper 4562 |
| Entry and Exit, Product Variety and the Business Cycle | |
| Satyajit Chatterjee; Russell Cooper | |
| 发表日期 | 1993-12-01 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | We study the stochastic behavior of a dynamic general equilibrium model with monopolistic competition. Each seller sells his product in the consumption goods as well as the investment goods market and has market power in both. Consumers derive utility from a CES aggregate of all the consumption goods and augment their capital stock by a CES aggregate of all the investment goods. We analyze the equilibrium of this economy allowing for an endogenous determination of the number of firms and therefore of products. The principal effect we highlight is the endogenous propagation and magnification of technology and preference disturbances through product space variations. |
| URL | https://www.nber.org/papers/w4562 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561944 |
| 推荐引用方式 GB/T 7714 | Satyajit Chatterjee,Russell Cooper. Entry and Exit, Product Variety and the Business Cycle. 1993. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w4562.pdf（437KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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