Elastic capital supply and the effects of fiscal policy

Economic Inquiry

Volumn 36, Issue 4, 1998, Pages 553-574

  Dolmas, Jim ^a   Wynne, Mark A ^b  

^a SOUTHERN METHODIST UNIVERSITY   (United States)

^b NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0032252270     PISSN: 00952583     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1465-7295.1998.tb01736.x     Document Type: Article

References (29)

1. Aiyagari, S. Rao, Lawrence J. Christiano and M. Eichenbaum. "The Output, Employment and Interest Rate Effects of Government Consumption," Journal of Monetary Economics, October 1992, 73-86.
2. Baxter, Marianne and Robert G. King. "Fiscal Policy in General Equilibrium," American Economic Review, June 1993, 315-334.
3. Becker, Gary S. and Casey B. Mulligan. "The Endogenous Determination of Time Preference," Quarterly Journal of Economics, August 1997, 729-758.
4. Becker, Robert. "On the Long-Run Steady State in a Simple Dynamic Model of Equilibrium with Heterogeneous Households," Quarterly Journal of Economics. September 1980, 375-382.
5. Burnside, Craig, Martin Eichenbaum and Sergio T. Rebelo. "Labor Hoarding and the Business Cycle," Journal of Political Economy, April 1993, 245-273.
6. Dolmas, Jim. "Balanced-Growth-Consistent Recursive Utility." Journal of Economic Dynamics and Control, 20, 1996, 657-680.
7. Duffie, Darrell and Larry G. Epstein. "Stochastic Differential Utility," Econometrica, March 1992, 353-394.
8. Epstein, Larry G. and J. Allan Hynes. "The Rate of Time Preference and Dynamic Economic Analysis," Journal of Political Economy, August 1983, 611-635.
9. Epstein, Larry G. and Stanley Zin. "Substitution, Risk Aversion and the Temporal Behavior of Consumption and Asset Returns," Journal of Political Economy, April 1991, 263-286.
10. Epstein, Larry G. "Stationary Cardinal Utility and Optimal Growth under Uncertainty," Journal of Economic Theory, October 1983, 133-152.
11. Farmer, Roger E. A. "RINCE Preferences," Quarterly Journal of Economics, February 1990, 43-60.
12. Gomme, Paul and Jeremy Greenwood. "On the Cyclical Allocation of Risk," Federal Reserve Bank of Minneapolis Institute for Empirical Macroeconomics Discussion Paper 71, 1992.
13. Fisher, Irving. The Theory of Interest, New York: Mac-Millan, 1930.
14. Hayek, Friedrich A. The Pure Theory of Capital. Chicago: University of Chicago Press, 1941.
15. Hercowitz, Zvi. "The Real Interest Rate and Aggregate Supply," Journal of Monetary Economics, September 1986, 121-146.
16. Hong, W. "Time Preference in Dynamic Trade Models: An Empirical Critique," Economic Development and Cultural Change, 36, 1988, 741-751.
17. King, Robert G. "'Value and Capital' in the Real Business Cycle Programme," in Value and Capital: Fifty Years Later, Proceedings of a Conference Held by the International Economic Association at Bologna, Italy, edited by L. W. McKenzie and S. Zamagni, New York: New York University Press, 1989.
18. King, Robert G., Charles I. Plosser and Sergio T. Rebelo. "Production, Growth and Business Cycles, I: The Basic Neoclassical Model," Journal of Monetary Economics, March-May 1988, 195-232.
19. _. "Production, Growth and Business Cycles: Technical Appendix," Mimeo, University of Rochester, 1988.
20. Lawrance, Emily C. "Poverty and the Rate of Time Preference: Evidence from Panel Data," Journal of Political Economy, February 1991, 54-77.
21. Lucas, Robert E., Jr. and Nancy L. Stokey. "Optimal Growth with Many Consumers," Journal of Economic Theory, February 1984, 139-171.
22. Mendoza, Enrique. "Real Business Cycles in a Small Open Economy," American Economic Review, September 1991, 797-818.
23. Obstfeld, Maurice. "Intertemporal Dependence, Impatience and Dynamics," Journal of Monetary Economics, August 1990, 45-76.
24. Ogaki, Masao and Andrew Atkeson. "Rate of Time Preference, Intertemporal Elasticity of Substitution and Level of Wealth," Review of Economics and Statistics, November 1997, 564-572.
25. Ogawa, Kazuo. "Economic Development and the Time Preference Schedule: The Case of Japan and East Asian NICs," Journal of Development Economics, 42, 1993, 175-195.
26. Pencavel, J. "Labor Supply of Men: A Survey," in Handbook of Labor Economics, edited by O. Ashenfelter and R. Layard. Amsterdam: North-Holland, 1986.
27. Rogers, A. "Evolution of Time Preference by Natural Selection," American Economic Review, June 1994, 460-481.
28. Uzawa, Hirofumi. "Time Preference, the Consumption Function, and Optimum Asset Holdings," in Value, Capital and Growth: Papers in Honour of Sir John Hicks, edited by J. N. Wolfe, Chicago: Aldine, 1968.
29. Weil, Philippe. "Nonexpected Utility in Macroeconomics," Quarterly Journal of Economics, February 1990, 29-42.