Matches in SemOpenAlex for { <https://semopenalex.org/work/W3123221799> ?p ?o ?g. }
Showing items 1 to 70 of
70
with 100 items per page.
- W3123221799 abstract "We build a variation of the neoclassical growth model in which both wealth shocks (in the sense of wealth destruction) and financial shocks to households generate recessions. The model features three mild departures from the standard model: (1) adjustment costs make it difficult to expand the tradable goods sector by reallocating factors of production from nontradables to tradables; (2) there is a mild form of labor market frictions (Nash bargaining wage setting with Mortensen-Pissarides labor markets); (3) goods markets for nontradables require active search from households wherein increases in consumption expenditures increase measured productivity. These departures provide a novel quantitative theory to explain recessions like those in southern Europe without relying on technology shocks." @default.
- W3123221799 created "2021-02-01" @default.
- W3123221799 creator A5032070172 @default.
- W3123221799 creator A5072102791 @default.
- W3123221799 date "2013-09-01" @default.
- W3123221799 modified "2023-09-27" @default.
- W3123221799 title "Paradox of thrift recessions" @default.
- W3123221799 hasPublicationYear "2013" @default.
- W3123221799 type Work @default.
- W3123221799 sameAs 3123221799 @default.
- W3123221799 citedByCount "3" @default.
- W3123221799 countsByYear W31232217992013 @default.
- W3123221799 countsByYear W31232217992014 @default.
- W3123221799 countsByYear W31232217992018 @default.
- W3123221799 crossrefType "posted-content" @default.
- W3123221799 hasAuthorship W3123221799A5032070172 @default.
- W3123221799 hasAuthorship W3123221799A5072102791 @default.
- W3123221799 hasConcept C139719470 @default.
- W3123221799 hasConcept C144024400 @default.
- W3123221799 hasConcept C145236788 @default.
- W3123221799 hasConcept C162324750 @default.
- W3123221799 hasConcept C175444787 @default.
- W3123221799 hasConcept C195742910 @default.
- W3123221799 hasConcept C204983608 @default.
- W3123221799 hasConcept C2777388388 @default.
- W3123221799 hasConcept C2778348673 @default.
- W3123221799 hasConcept C30772137 @default.
- W3123221799 hasConcept C36289849 @default.
- W3123221799 hasConcept C556758197 @default.
- W3123221799 hasConcept C90376892 @default.
- W3123221799 hasConceptScore W3123221799C139719470 @default.
- W3123221799 hasConceptScore W3123221799C144024400 @default.
- W3123221799 hasConceptScore W3123221799C145236788 @default.
- W3123221799 hasConceptScore W3123221799C162324750 @default.
- W3123221799 hasConceptScore W3123221799C175444787 @default.
- W3123221799 hasConceptScore W3123221799C195742910 @default.
- W3123221799 hasConceptScore W3123221799C204983608 @default.
- W3123221799 hasConceptScore W3123221799C2777388388 @default.
- W3123221799 hasConceptScore W3123221799C2778348673 @default.
- W3123221799 hasConceptScore W3123221799C30772137 @default.
- W3123221799 hasConceptScore W3123221799C36289849 @default.
- W3123221799 hasConceptScore W3123221799C556758197 @default.
- W3123221799 hasConceptScore W3123221799C90376892 @default.
- W3123221799 hasLocation W31232217991 @default.
- W3123221799 hasOpenAccess W3123221799 @default.
- W3123221799 hasPrimaryLocation W31232217991 @default.
- W3123221799 hasRelatedWork W2137216821 @default.
- W3123221799 hasRelatedWork W2144819826 @default.
- W3123221799 hasRelatedWork W2162026459 @default.
- W3123221799 hasRelatedWork W2242344497 @default.
- W3123221799 hasRelatedWork W2298974824 @default.
- W3123221799 hasRelatedWork W2490712176 @default.
- W3123221799 hasRelatedWork W3003745543 @default.
- W3123221799 hasRelatedWork W3023275770 @default.
- W3123221799 hasRelatedWork W3121668617 @default.
- W3123221799 hasRelatedWork W3121802073 @default.
- W3123221799 hasRelatedWork W3122097347 @default.
- W3123221799 hasRelatedWork W3122171059 @default.
- W3123221799 hasRelatedWork W3123529684 @default.
- W3123221799 hasRelatedWork W3124535228 @default.
- W3123221799 hasRelatedWork W3125064648 @default.
- W3123221799 hasRelatedWork W3125782594 @default.
- W3123221799 hasRelatedWork W3125788084 @default.
- W3123221799 hasRelatedWork W3141237433 @default.
- W3123221799 hasRelatedWork W3174753223 @default.
- W3123221799 hasRelatedWork W1962518023 @default.
- W3123221799 isParatext "false" @default.
- W3123221799 isRetracted "false" @default.
- W3123221799 magId "3123221799" @default.
- W3123221799 workType "article" @default.