Indeterminacy in a small open economy with endogenous labor supply

B-Tier
Journal: Economic Theory
Year: 2003
Volume: 22
Issue: 3
Pages: 661-669

Authors (2)

Qinglai Meng Andrés Velasco (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We establish conditions under which indeterminacy can occur in a small open economy business cycle model with endogenous labor supply. Indeterminacy requires small externalities in technologies with social constant returns to scale, independently of the intertemporal elasticities in both consumption and labor. Copyright Springer-Verlag Berlin Heidelberg 2003

Technical Details

RePEc Handle
repec:spr:joecth:v:22:y:2003:i:3:p:661-669
Journal Field
Theory
Author Count
2
Added to Database
2026-01-26