Reallocating labor to initiate changes in capital structures: Hayek revisited

Economics Letters

Volumn 89, Issue 3, 2005, Pages 275-282

  Young, Andrew T ^a  

^a UNIVERSITY OF MISSISSIPPI   (United States)

Author keywords

Job reallocation; Monetary policy

Indexed keywords

EID: 27744467042     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2005.05.033     Document Type: Article

References (18)

1. T.W. Anderson C. Hsiao Formulation and estimation of dynamic models using panel data Journal of Econometrics 18 1982 47-82
2. M. Arellano S. Bond Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations Review of Economic Studies 58 1991 277-297
3. E. von. Bohm-Bawerk Capital and Interest, 3 vols. 1959 Libertarian Press South Holland, Illinois
4. R.J. Caballero M.L. Hammour The cleansing effect of recessions American Economic Review 84 1994 1350-1368
5. J.R. Campbel J.D.M. Fisher Aggregate employment fluctuations with microeconomic asymmetries American Economic Review 90 2000 1323-1345
6. J.R. Campbel J.D.M. Fisher Idiosyncratic risk and aggregate employment dynamics Review of Economic Dynamics 7 2004 331-353
7. S.J. Davis J.C. Haltiwanger Driving forces and employment fluctuations NBER Working Paper 1996 5775
8. S.J. Davis J.C. Haltiwanger Sectoral job creation and destruction responses to oil price changes Journal of Monetary Economics 48 2001 465-512
9. S.J. Davis J.C. Haltiwanger S. Schu Job Creation and Destruction 1996 MIT Press Cambridge
10. R.W. Garrison Intertemporal coordination and the invisible hand: An Austrian perspective on the Keynesian vision History of Political Economy 17 1985 309-321
11. R.W. Garrison Time and Money: The Macroeconomics of Capital Structure 2001 Routledge London
12. F.A. Hayek Monetary Theory and the Trade Cycle 1933 Augustus M. Kelley New York
13. F.A. Hayek Prices and Production 1935 Augustus M. Kelley New York
14. F.A. Hayek Investment that raises the demand for capital Review of Economic Statistics 19 1937 174-177
15. W. Jevons The Theory of Political Economy 1965 Augustus M. Kelley New York
16. J.F. Kiviet On bias, inconsistency, and efficiency of various estimators in dynamic panel data models Journal of Econometrics 68 1995 53-78
17. R.E. Lucas Understanding business cycles Studies in Business-Cycle Theory 1981 MIT Press Cambridge
18. D.T. Mortenson C.A. Pissarides Job creation and job destruction in the theory of unemployment Review of Economic Studies 61 1994 397-415