The fundamental surplus revisited

B-Tier
Journal: Review of Economic Dynamics
Year: 2023
Volume: 51
Pages: 1-15

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

To generate large responses of unemployment to productivity changes requires a high elasticity of the fundamental surplus with respect to productivity. When all deductions that enter the fundamental surplus are acyclical, and the fundamental surplus does not involve endogenous variables, then the elasticity of the fundamental surplus coincides with the inverse of the fundamental surplus fraction. (Copyright: Elsevier)

Technical Details

RePEc Handle
repec:red:issued:20-424
Journal Field
Macro
Author Count
1
Added to Database
2026-01-29