English  |  正體中文  |  简体中文  |  Items with full text/Total items : 55176/89445 (62%)
Visitors : 10658215      Online Users : 19
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/107612

    Title: Indeterminacy and the properties of the utility function
    Authors: Lee, Shun-Fa;Chen, Been-Lon;Raurich, Xavier
    Keywords: Indeterminacy;non-separable preferences;income effect;labor supply elasticity
    Date: 2016-07-27
    Issue Date: 2016-10-04 02:11:35 (UTC+8)
    Publisher: springer
    Abstract: This paper studies an infinite-horizon two-sector growth model with sector-specific externalities and preferences that are non-separable between consumption and leisure. We find that a larger income effect of the leisure demand increases the possibility of indeterminacy. We also find that a larger labor supply elasticity may increase or decrease the possibility of indeterminacy, depending on the intensity of the income effect. We show that these findings also hold in a one-sector growth model.
    Relation: 光碟
    Appears in Collections:[Graduate Institute & Department of Industrial Economics] Proceeding

    Files in This Item:

    There are no files associated with this item.

    All items in 機構典藏 are protected by copyright, with all rights reserved.

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback