Artikel
Preference shocks in an RBC model with intangible capital
In this paper, we develop and simulate an RBC model that includes intangible capital as a third factor of production. We study the effects of intra-temporal preference shocks on economic aggregates, employing the undetermined coefficient method of to solve the model. Impulse response functions to preference shocks reveal that demand-side shocks are important in explaining the variations in macroeconomic aggregates.
- Sprache
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Englisch
- Erschienen in
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Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 7 ; Year: 2019 ; Issue: 1 ; Pages: 1-14 ; Abingdon: Taylor & Francis
- Klassifikation
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Wirtschaft
Business Fluctuations; Cycles
Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications
- Thema
-
Intangible capital
real business cycle
preference/demand shocks
- Ereignis
-
Geistige Schöpfung
- (wer)
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Malik, Kashif Zaheer
Ali, Syed Zahid
Imtiaz, Ali
Aftab, Ammar
- Ereignis
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Veröffentlichung
- (wer)
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Taylor & Francis
- (wo)
-
Abingdon
- (wann)
-
2019
- DOI
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doi:10.1080/23322039.2019.1586621
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Malik, Kashif Zaheer
- Ali, Syed Zahid
- Imtiaz, Ali
- Aftab, Ammar
- Taylor & Francis
Entstanden
- 2019
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