Business cycle asymmentries: An investment cost approach

In this paper, investment cost asymmetry is introduced in order to test wheter this kind of asymmetry can account for asymmetries in business cycles. By using a smooth transition function, asymmetric investment cost is modeled and introduced in a canonical RBC model. Simulations of the model with Pe...

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Autores:

Tipo de recurso:

Fecha de publicación:

2014

Institución:

Universidad del Rosario

Repositorio:

Repositorio EdocUR - U. Rosario

Idioma:

eng

OAI Identifier:

oai:repository.urosario.edu.co:10336/10969

Acceso en línea:

https://doi.org/10.48713/10336_10969
http://repository.urosario.edu.co/handle/10336/10969

Palabra clave:

Producción
Economía
Inversiones
Ciclos económicos

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http://purl.org/coar/access_right/c_abf2