Unemployment, Factor Substitution and Capital Formation

Zitieren

Dateien zu dieser Ressource

Prüfsumme: MD5:e7809fb0acab5a2d824840c910929628

KAAS, Leo, Leopold von THADDEN, 2003. Unemployment, Factor Substitution and Capital Formation. In: German Economic Review. 4(4), pp. 475-495. Available under: doi: 10.1111/j.1465-6485.2003.00090.x

@article{Kaas2003Unemp-12198, title={Unemployment, Factor Substitution and Capital Formation}, year={2003}, doi={10.1111/j.1465-6485.2003.00090.x}, number={4}, volume={4}, journal={German Economic Review}, pages={475--495}, author={Kaas, Leo and Thadden, Leopold von} }

<rdf:RDF xmlns:dcterms="http://purl.org/dc/terms/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:void="http://rdfs.org/ns/void#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/12198"> <dc:contributor>Thadden, Leopold von</dc:contributor> <dcterms:issued>2003</dcterms:issued> <dc:format>application/pdf</dc:format> <dspace:hasBitstream rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/12198/1/16.pdf"/> <dcterms:bibliographicCitation>First publ. in: German Economic Review 4 (2003), 4, pp. 475-495</dcterms:bibliographicCitation> <dcterms:abstract xml:lang="eng">We incorporate a wage-bargaining structure in a dynamic general equilibrium model and show how this feature changes short- and long-run properties of equilibria compared with a perfectly competitive setting.We discuss how employment, capital and income shares respond to wage-setting shocks and show that adjustment dynamics depend decisively on the magnitude of the elasticity of substitution between labour and capital. Values of the elasticity below unity add persistence, tend to preserve stability and lead to empirically plausible adjustment patterns. By contrast, values above unity introduce additional volatility, thereby making steady states potentially unstable.</dcterms:abstract> <dcterms:rights rdf:resource="http://nbn-resolving.org/urn:nbn:de:bsz:352-20140905103416863-3868037-7"/> <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2011-03-25T09:43:23Z</dc:date> <dc:rights>deposit-license</dc:rights> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2011-03-25T09:43:23Z</dcterms:available> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dc:language>eng</dc:language> <dc:creator>Kaas, Leo</dc:creator> <bibo:uri rdf:resource="http://kops.uni-konstanz.de/handle/123456789/12198"/> <dc:creator>Thadden, Leopold von</dc:creator> <dc:contributor>Kaas, Leo</dc:contributor> <dcterms:hasPart rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/12198/1/16.pdf"/> <dcterms:title>Unemployment, Factor Substitution and Capital Formation</dcterms:title> <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> </rdf:Description> </rdf:RDF>

Dateiabrufe seit 01.10.2014 (Informationen über die Zugriffsstatistik)

16.pdf 180

Das Dokument erscheint in:

KOPS Suche


Stöbern

Mein Benutzerkonto