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A note on NNS models: introducing physical capital; avoiding rationing.

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Publication:1852956
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DOI10.1016/S0165-1765(02)00160-XzbMath1158.91374OpenAlexW3124850898MaRDI QIDQ1852956

John B. Donaldson, Jean-Pierre Danthine

Publication date: 21 January 2003

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(02)00160-x


zbMATH Keywords

Sticky pricesRationingCost-of-adjusting capitalNew neo-classical synthesis


Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Macroeconomic theory (monetary models, models of taxation) (91B64)


Related Items (1)

Price-setting behaviour, competition, and markup shocks in the New Keynesian model




Cites Work

  • State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output




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