Nonconvex factor adjustments in equilibrium business cycle models: Do nonlinearities matter?

Journal of Monetary Economics

Volumn 50, Issue 2, 2003, Pages 331-360

  Khan, Aubhik ^a,b   Thomas, Julia K ^b,c  

^a FEDERAL RESERVE BANK OF PHILADELPHIA   (United States)

^b UNIVERSITY OF MINNESOTA   (United States)

^c FEDERAL RESERVE BANK OF MINNEAPOLIS   (United States)

Author keywords

Adjustment costs; Business cycles; Lumpy investment; Nonlinearities

Indexed keywords

EID: 0037347145     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(03)00003-5     Document Type: Article

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