Idiosyncratic Production Risk, Growth, and the Business Cycle
收藏NBER2003-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w9764
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资源简介:
We introduce a neoclassical growth economy with idiosyncratic production risk and incomplete markets. Each agent is an entrepreneur operating her own neoclassical technology with her own capital stock. The general equilibrium is characterized in closed form. Idiosyncratic production shocks introduce
提供机构:
美国国家经济研究局
创建时间:
2003-06-01



