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HYSTERESIS OF LONG-RUN EQUILIBRIUM FROM REALISTIC ADJUSTMENT COSTS · Study

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ChapterHYSTERESIS OF LONG-RUN EQUILIBRIUM FROM REALISTIC ADJUSTMENT COSTS

Murray C. Kemp1974

Chapter1974

HYSTERESIS OF LONG-RUN EQUILIBRIUM FROM REALISTIC ADJUSTMENT COSTS

Murray C. Kemp · Henry Y Wan

41 citations·0/0 files stored·Elsevier eBooks

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Economic Theory and Policy Monetary Policy and Economic Impact Labor market dynamics and wage inequality

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References

1968Adjustment Costs in the Theory of Investment of the Firm 1962Planning Production, Inventories, and Work Force 1967Optimal Investment Policy and the Flexible Accelerator 1969On Rational Entrepreneurial Behaviour and the Demand for Investment 1970Adjustment costs and variable inputs in the theory of the competitive firm 1971On the Cost of Adjustment 1963Impacts of monetary policy

Cited by

1992A Simple Model of Sectoral Adjustment 1989Intersectoral capital reallocation under price uncertainty 1991Income effects of adjustment to a terms of trade disturbance and the demand for adjustment finance 1998On the Dynamics of Trade Reform 1981Issues in controllability and the theory of economic policy 1991Tariffs and the current account 2015Hysteresis Effects in Economics – Different Methods for Describing Economic Path-Dependence

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1986Chapter 9 Dynamic models of labour demandchapter · 5 shared references 1980Dynamic factor demand schedules for labor and capital under rational expectationsarticle · 5 shared references 1976Production and investment under costs of adjustment a surveyarticle · 5 shared references 1996THE INTERTEMPORAL DIMENSION OF NEOCLASSICAL PRODUCTION THEORYarticle · 5 shared references 1982Dynamic effects of permanent and temporary tax policies in a q model of investmentarticle · 4 shared references 1970Adjustment costs and variable inputs in the theory of the competitive firmarticle · 4 shared references

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Year1974

Typechapter

Published1974-01-01

VenueElsevier eBooks

Languageen

Citations41

Files0 public / 0

ShelfEconomic Theory and Policy

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doi10.1016/b978-0-12-356750-5.50014-1

openalex_workW101044546

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2015

Exchange Rate Volatility and other Determinants of Hysteresis in Exports - Empirical Evidence for the Euro Area