메뉴 건너뛰기




Volumn 53, Issue 2, 2006, Pages 311-328

Free entry and business cycles under the influence of animal spirits

Author keywords

Animal spirits; Business cycles; Imperfect competition

Indexed keywords


EID: 33644654470     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmoneco.2004.12.003     Document Type: Article
Times cited : (19)

References (32)
  • 2
    • 0842311039 scopus 로고
    • Capacity utilization and returns to scale-Comment
    • Bernanke, S., Rotemberg, J.J. (Eds.)
    • Basu, S., 1995. Capacity utilization and returns to scale-Comment. In: Bernanke, S., Rotemberg, J.J. (Eds.), NBER Macroeconomics Annual 10, 110-118.
    • (1995) NBER Macroeconomics Annual , vol.10 , pp. 110-118
    • Basu, S.1
  • 3
    • 33644650752 scopus 로고    scopus 로고
    • Technology and business cycles: How well do standard models explain the facts?
    • Fuhrer, J., Schuh, S. (Eds.) Federal Reserve Bank of Boston
    • Basu, S., 2002. Technology and business cycles: How well do standard models explain the facts?. In: Fuhrer, J., Schuh, S. (Eds.), Beyonds shocks: What cause business cycles?. Conference Proceedings, Federal Reserve Bank of Boston.
    • (2002) Beyonds Shocks: What Cause Business Cycles?. Conference Proceedings
    • Basu, S.1
  • 4
    • 0001175591 scopus 로고
    • Are apparent productive spillovers a figment of specification error?
    • S. Basu J.G. Fernald Are apparent productive spillovers a figment of specification error? Journal of Monetary Economics 36 1995 165-188
    • (1995) Journal of Monetary Economics , vol.36 , pp. 165-188
    • Basu, S.1    Fernald, J.G.2
  • 5
    • 0030659729 scopus 로고    scopus 로고
    • Returns to scale in U.S. production: Estimates and implications
    • S. Basu J.G. Fernald Returns to scale in U.S. production: Estimates and implications Journal of Political Economy 105 1997 249-283
    • (1997) Journal of Political Economy , vol.105 , pp. 249-283
    • Basu, S.1    Fernald, J.G.2
  • 7
  • 8
    • 77956736145 scopus 로고    scopus 로고
    • Indeterminacy and sunspots in macroeconomics
    • J.B. Taylor M. Woodford North-Holland Amsterdam
    • J. Benhabib R. Farmer Indeterminacy and sunspots in macroeconomics J.B. Taylor M. Woodford Handbook of Macroeconomics vol. 1 1999 North-Holland Amsterdam 387-448
    • (1999) Handbook of Macroeconomics , vol.1 , pp. 387-448
    • Benhabib, J.1    Farmer, R.2
  • 10
    • 33644653312 scopus 로고
    • Free entry and the sustainability of natural monopoly: Bertrand revisited by Cournot
    • D.S. Evans North-Holland Amsterdam
    • W.A. Brock J.A. Scheinkman Free entry and the sustainability of natural monopoly: Bertrand revisited by Cournot D.S. Evans Essays on Industrial Organization and Regulation 1983 North-Holland Amsterdam 231-252
    • (1983) Essays on Industrial Organization and Regulation , pp. 231-252
    • Brock, W.A.1    Scheinkman, J.A.2
  • 11
    • 0002344126 scopus 로고
    • Capacity utilization and returns to scale
    • Bernanke, S., Rotemberg, J.J. (Eds.)
    • Burnside, C., Eichenbaum, M., Rebelo, S.T., 1995. Capacity utilization and returns to scale. In: Bernanke, S., Rotemberg, J.J. (Eds.), NBER Macroeconomics Annual 10, 67-110.
    • (1995) NBER Macroeconomics Annual , vol.10 , pp. 67-110
    • Burnside, C.1    Eichenbaum, M.2    Rebelo, S.T.3
  • 14
    • 0003415108 scopus 로고
    • Entry and exit, product variety and the business cycle
    • NBER Working Paper #4562
    • Chatterjee, S., Cooper, R., 1993. Entry and exit, product variety and the business cycle. NBER Working Paper #4562.
    • (1993)
    • Chatterjee, S.1    Cooper, R.2
  • 15
    • 84960595671 scopus 로고
    • Strategic complementarity in business formation: Aggregate fluctuations and sunspot equilibria
    • S. Chatterjee R. Cooper B. Ravikumar Strategic complementarity in business formation: Aggregate fluctuations and sunspot equilibria Review of Economic Studies 60 1993 795-811
    • (1993) Review of Economic Studies , vol.60 , pp. 795-811
    • Chatterjee, S.1    Cooper, R.2    Ravikumar, B.3
  • 16
    • 33644662884 scopus 로고    scopus 로고
    • Indeterminacy of free entry equilibria: General approach and macroeconomic applications
    • Manuscript, Univeristy Louis Pasteur, Strasbourg, downloadable at
    • Dos Santos Ferreira, R., Dufourt, F., 2005. Indeterminacy of free entry equilibria: General approach and macroeconomic applications. Manuscript, Univeristy Louis Pasteur, Strasbourg, downloadable at http://cournot2.u-strasbg.fr/users/dufourt/DosSantosDufourt.pdf.
    • (2005)
    • Dos Santos Ferreira, R.1    Dufourt, F.2
  • 17
    • 0002658834 scopus 로고
    • Real business cycles and the animal spirits hypothesis
    • R. Farmer J.T. Guo Real business cycles and the animal spirits hypothesis Journal of Economic Theory 63 1994 42-72
    • (1994) Journal of Economic Theory , vol.63 , pp. 42-72
    • Farmer, R.1    Guo, J.T.2
  • 18
    • 20044388717 scopus 로고
    • Monopolistic competition, business cycles, and the composition of aggregate demand
    • J. Galí Monopolistic competition, business cycles, and the composition of aggregate demand Journal of Economic Theory 63 1994 73-96
    • (1994) Journal of Economic Theory , vol.63 , pp. 73-96
    • Galí, J.1
  • 19
    • 0002434539 scopus 로고
    • Invariance properties of Solow's productivity residual
    • P. Diamond MIT Press Cambridge
    • R. Hall Invariance properties of Solow's productivity residual P. Diamond Growth, Productivity, Employment 1990 MIT Press Cambridge 71-112
    • (1990) Growth, Productivity, Employment , pp. 71-112
    • Hall, R.1
  • 20
    • 33751189676 scopus 로고
    • Indivisible labor and the business cycle
    • G. Hansen Indivisible labor and the business cycle Journal of Monetary Economics 16 1985 309-327
    • (1985) Journal of Monetary Economics , vol.16 , pp. 309-327
    • Hansen, G.1
  • 21
    • 77956739087 scopus 로고    scopus 로고
    • Resuscitating real business cycles
    • J.B. Taylor M. Woodford North-Holland Amsterdam
    • R.G. King S. Rebelo Resuscitating real business cycles J.B. Taylor M. Woodford Handbook of Macroeconomics vol. 1 1999 North-Holland Amsterdam 927-1007
    • (1999) Handbook of Macroeconomics , vol.1 , pp. 927-1007
    • King, R.G.1    Rebelo, S.2
  • 22
    • 0343043268 scopus 로고
    • The sustainability concept under alternative behavioral assumptions
    • G. Knieps I. Vogelsang The sustainability concept under alternative behavioral assumptions Bell Journal of Economics 13 1982 234-241
    • (1982) Bell Journal of Economics , vol.13 , pp. 234-241
    • Knieps, G.1    Vogelsang, I.2
  • 23
    • 0001603750 scopus 로고
    • Cournot equilibrium with free entry
    • W. Novshek Cournot equilibrium with free entry Review of Economic Studies 47 1980 473-486
    • (1980) Review of Economic Studies , vol.47 , pp. 473-486
    • Novshek, W.1
  • 24
    • 0031993515 scopus 로고    scopus 로고
    • Indeterminacy, home production and the business cycle: A calibrated analysis
    • R. Perli Indeterminacy, home production and the business cycle: A calibrated analysis Journal of Monetary Economics 41 1998 105-125
    • (1998) Journal of Monetary Economics , vol.41 , pp. 105-125
    • Perli, R.1
  • 25
    • 0000285598 scopus 로고
    • Business formation and cyclical markups in the French business cycle
    • F. Portier Business formation and cyclical markups in the French business cycle Annales d'Economie et de Statistique 37/38 1995 411-440
    • (1995) Annales D'Economie Et De Statistique , vol.37-38 , pp. 411-440
    • Portier, F.1
  • 26
    • 33644662513 scopus 로고
    • Comment
    • Blanchard, O.J., Fisher, S. (Eds.)
    • Ramey, V.A., 1991. Comment. In: Blanchard, O.J., Fisher, S. (Eds.), NBER Macroeconomics Annual 6, 141-145.
    • (1991) NBER Macroeconomics Annual , vol.6 , pp. 141-145
    • Ramey, V.A.1
  • 27
    • 0002872484 scopus 로고
    • Dynamic general equilibrium models with imperfectly competitive product markets
    • T.F. Cooley Princeton University Press Princeton
    • J.J. Rotemberg M. Woodford Dynamic general equilibrium models with imperfectly competitive product markets T.F. Cooley Frontiers of Business Cycles Research 1995 Princeton University Press Princeton 243-293
    • (1995) Frontiers of Business Cycles Research , pp. 243-293
    • Rotemberg, J.J.1    Woodford, M.2
  • 28
    • 0030639692 scopus 로고    scopus 로고
    • Comparing four models of aggregate fluctuations due to self-fulfilling expectations
    • S. Schmitt-Grohé Comparing four models of aggregate fluctuations due to self-fulfilling expectations Journal of Economic Theory 72 1997 96-147
    • (1997) Journal of Economic Theory , vol.72 , pp. 96-147
    • Schmitt-Grohé, S.1
  • 29
    • 0038369414 scopus 로고    scopus 로고
    • Endogenous business cycles and the dynamics of output, hours and consumption
    • S. Schmitt-Grohé Endogenous business cycles and the dynamics of output, hours and consumption American Economic Review 90 2000 1136-1159
    • (2000) American Economic Review , vol.90 , pp. 1136-1159
    • Schmitt-Grohé, S.1
  • 30
    • 0004191402 scopus 로고
    • Principles of Random Walk
    • Berlin: Springer
    • F. Spitzer Principles of Random Walk 1976 Springer Berlin
    • (1976)
    • Spitzer, F.1
  • 31
    • 0001219386 scopus 로고    scopus 로고
    • Animal spirits, technology shocks and the business cycle
    • M. Weder Animal spirits, technology shocks and the business cycle Journal of Economic Dynamics and Control 24 2000 273-295
    • (2000) Journal of Economic Dynamics and Control , vol.24 , pp. 273-295
    • Weder, M.1
  • 32
    • 0002643507 scopus 로고    scopus 로고
    • Capacity utilization under increasing returns to scale
    • Y. Wen Capacity utilization under increasing returns to scale Journal of Economic Theory 81 1998 7-36
    • (1998) Journal of Economic Theory , vol.81 , pp. 7-36
    • Wen, Y.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.