Collateral constraints and the amplification-persistence trade-off

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 110
Issue: 1
Pages: 64-66

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

This note shows - in a general-equilibrium, two-agent model featuring concave utility and production functions and neo-classical input accumulation - that the amplification and persistence of the impact of temporary shocks to aggregate productivity go hand in hand.

Technical Details

RePEc Handle
repec:eee:ecolet:v:110:y:2011:i:1:p:64-66
Journal Field
General
Author Count
1
Added to Database
2026-01-29