Search Results for elasticity of substitution

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This paper discusses the influence of economic growth on the equilibrium unemployment rate...

Empirical evidence for small developed economies finds that consumption is procyclical and as...

This paper investigates the role played by total factor productivity (TFP) in the tradable and...

Most macroeconomic models assume that aggregate output is generated by a specification for the...

We develop a New-Open-Economy-Macro model in which Ricardian equivalence does not hold because of...

This paper proposes a measure of the welfare cost of volatitliy derived from an endogenous growth...