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Equilibrium business cycles with idle resources and variable capacity utilization

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Publication:1897295
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DOI10.1007/BF01213940zbMath0830.90018MaRDI QIDQ1897295

Thomas F. Cooley, Edward C. Prescott, Gary D. Hansen

Publication date: 30 January 1996

Published in: Economic Theory (Search for Journal in Brave)


zbMATH Keywords

business cycle economy


Mathematics Subject Classification ID

Economic growth models (91B62)


Related Items (6)

Public versus private provision of liquidity: is there a trade-off? ⋮ Capacity utilization and market power ⋮ Self-employment and business cycle persistence: does the composition of employment matter for economic recoveries? ⋮ Sticky price models of the business cycle: can the roundabout production solve the persistence puzzle? ⋮ Dividend taxes and investment during the U.S. Great Depression ⋮ Capacity utilization under increasing returns to scale



Cites Work

  • Hours and employment variation in business cycle theory


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