全球智库信息集成服务系统(G2TT): Dynamic Complementarities: A Quantitative Analysis

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w5691
来源ID	Working Paper 5691
	Dynamic Complementarities: A Quantitative Analysis
	Russell Cooper; Alok Johri
发表日期	1996-07-01
出版年	1996
语种	英语
摘要	This paper considers the importance of dynamic complementarities as an endogenous source of propagation in a dynamic stochastic economy. Dynamic complementarities link the stocks of human and organizational capital, which are influenced by past levels of economic activity, to current levels of productivity. We supplement an otherwise standard dynamic business cycle model with both contemporaneous and dynamic complementarities. The model is calibrated using estimates of these effects. Our quantitative analysis identifies empirically relevant dynamic complementarities as a source of propagation for both technology and taste shocks.
主题	Macroeconomics ; Business Cycles ; Consumption and Investment
URL	https://www.nber.org/papers/w5691
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/563171
推荐引用方式 GB/T 7714	Russell Cooper,Alok Johri. Dynamic Complementarities: A Quantitative Analysis. 1996.