Publicação
Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers
| Resumo: | The purpose of the present paper is to expose a particular version of this model that enables us to study some long run issues for a closed economy: technology shocks and taste changes. It does not deal directly with current macroeconomic issues as other essays do. However it extends previous models by incorporating: i) the possibility of population change, i.e., that instantaneous birth and death rates can differ, as in BUITER (1988.a); ii) a theory of investment based upon adjustment costs that allows for an independence between saving and investment demand behaviors (vg. note of p.2) In Section 2 we set and solve the households' and firms' problems. In section 3 the dynamic behavior is analysed following productivity and taste changes. Section 4 concludes the paper. |
|---|---|
| Autores principais: | Brito, Paulo |
| Assunto: | Macroeconomy Consumer Competitiveness Equilibrium Model |
| Ano: | 1991 |
| País: | Portugal |
| Tipo de documento: | working paper |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| _version_ | 1869346703152250880 |
|---|---|
| author | Brito, Paulo |
| author_facet | Brito, Paulo |
| author_role | author |
| contributor_name_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Brito, Paulo\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| datacite.creators.creator.creatorName.fl_str_mv | Brito, Paulo |
| datacite.date.Accepted.fl_str_mv | 1991-01-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2021-11-30T09:37:28Z |
| datacite.date.embargoed.fl_str_mv | 2021-11-30T09:37:28Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Macroeconomy Consumer Competitiveness Equilibrium Model |
| datacite.titles.title.fl_str_mv | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers |
| dc.contributor.none.fl_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| dc.creator.none.fl_str_mv | Brito, Paulo |
| dc.date.Accepted.fl_str_mv | 1991-01-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2021-11-30T09:37:28Z |
| dc.date.embargoed.fl_str_mv | 2021-11-30T09:37:28Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10400.5/22593 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | ISEG - Departamento de Economia |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Macroeconomy Consumer Competitiveness Equilibrium Model |
| dc.title.fl_str_mv | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_8042 |
| description | The purpose of the present paper is to expose a particular version of this model that enables us to study some long run issues for a closed economy: technology shocks and taste changes. It does not deal directly with current macroeconomic issues as other essays do. However it extends previous models by incorporating: i) the possibility of population change, i.e., that instantaneous birth and death rates can differ, as in BUITER (1988.a); ii) a theory of investment based upon adjustment costs that allows for an independence between saving and investment demand behaviors (vg. note of p.2) In Section 2 we set and solve the households' and firms' problems. In section 3 the dynamic behavior is analysed following productivity and taste changes. Section 4 concludes the paper. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | workingPaper |
| fulltext.url.fl_str_mv | https://repositorio.ulisboa.pt/bitstreams/a0b7c330-118b-474a-9e3d-b9db50dd5ee9/download |
| id | ul_13fccafb1cfec2b8fa6568daf33e5d90 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10400.5/22593 |
| inst_facet_str | urn:organizationAcronym:ul{{{_:::_}}}Universidade de Lisboa |
| instacron_str | ul |
| institution | Universidade de Lisboa |
| instname_str | Universidade de Lisboa |
| language | eng |
| network_acronym_str | ul |
| network_name_str | Repositório da Universidade de Lisboa |
| oai_identifier_str | oai:repositorio.ulisboa.pt:10400.5/22593 |
| organization_str_mv | urn:organizationAcronym:ul |
| person_str_mv | Brito, Paulo |
| publishDate | 1991 |
| publisher.none.fl_str_mv | ISEG - Departamento de Economia |
| repo_facet_str | urn:repositoryAcronym:ul{{{_:::_}}}Repositório da Universidade de Lisboa |
| reponame_str | Repositório da Universidade de Lisboa |
| repository_id_str | urn:repositoryAcronym:ul |
| service_str_mv | urn:repositoryAcronym:ul |
| spelling | engISEG - Departamento de Economiapt_PTThe purpose of the present paper is to expose a particular version of this model that enables us to study some long run issues for a closed economy: technology shocks and taste changes. It does not deal directly with current macroeconomic issues as other essays do. However it extends previous models by incorporating: i) the possibility of population change, i.e., that instantaneous birth and death rates can differ, as in BUITER (1988.a); ii) a theory of investment based upon adjustment costs that allows for an independence between saving and investment demand behaviors (vg. note of p.2) In Section 2 we set and solve the households' and firms' problems. In section 3 the dynamic behavior is analysed following productivity and taste changes. Section 4 concludes the paper.application/pdfpt_PTTaste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumersBrito, PauloHostingInstitutionOrganizationalRepositório Científico de Acesso Aberto da ULisboae-mailmailto:repositorio@ulisboa.ptrepositorio@ulisboa.pt2021-11-30T09:37:28Z19911991-01-01T00:00:00ZHandlehttp://hdl.handle.net/10400.5/22593http://purl.org/coar/access_right/c_abf2open accessMacroeconomyConsumerCompetitivenessEquilibrium Model1147298 bytesother research producthttp://purl.org/coar/resource_type/c_8042working paperhttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorio.ulisboa.pt/bitstreams/a0b7c330-118b-474a-9e3d-b9db50dd5ee9/download |
| spellingShingle | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers Brito, Paulo Macroeconomy Consumer Competitiveness Equilibrium Model |
| status | SINGLETON |
| subject.fl_str_mv | Macroeconomy Consumer Competitiveness Equilibrium Model |
| title | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers |
| title_full | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers |
| title_fullStr | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers |
| title_full_unstemmed | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers |
| title_short | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers |
| title_sort | Taste and productivity shocks in an intertemporal model of a decentralized closed economy composed by finite-life consumers |
| topic | Macroeconomy Consumer Competitiveness Equilibrium Model |
| topic_facet | Macroeconomy Consumer Competitiveness Equilibrium Model |
| url | http://hdl.handle.net/10400.5/22593 |
| visible | 1 |