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Productivity dispersion: facts, theory, and implications

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  • Hideaki Aoyama

    ()

  • Hiroshi Yoshikawa
  • Hiroshi Iyetomi
  • Yoshi Fujiwara
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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s11403-010-0063-9
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Economic Interaction and Coordination.

    Volume (Year): 5 (2010)
    Issue (Month): 1 (June)
    Pages: 27-54

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    Handle: RePEc:spr:jeicoo:v:5:y:2010:i:1:p:27-54

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    Web page: http://www.springer.com/economics/economic+theory/journal/11403

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    Related research

    Keywords: Labor productivity; Superstatistics; Aggregate demand;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Tobin, James, 1972. "Inflation and Unemployment," American Economic Review, American Economic Association, American Economic Association, vol. 62(1), pages 1-18, March.
    2. Hiroshi Yoshikawa, 2003. "The Role of Demand in Macroeconomics," The Japanese Economic Review, Japanese Economic Association, Japanese Economic Association, vol. 54(1), pages 1-27.
    3. Aoki,Masanao & Yoshikawa,Hiroshi, 2007. "Reconstructing Macroeconomics," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521831062.
    4. Xavier Gabaix, 2011. "The Granular Origins of Aggregate Fluctuations," Econometrica, Econometric Society, Econometric Society, vol. 79(3), pages 733-772, 05.
    5. Canning, D. & Amaral, L. A. N. & Lee, Y. & Meyer, M. & Stanley, H. E., 1998. "Scaling the volatility of GDP growth rates," Economics Letters, Elsevier, Elsevier, vol. 60(3), pages 335-341, September.
    6. Kydland, Finn E & Prescott, Edward C, 1982. "Time to Build and Aggregate Fluctuations," Econometrica, Econometric Society, Econometric Society, vol. 50(6), pages 1345-70, November.
    7. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, Elsevier, vol. 4(2), pages 103-124, April.
    8. Fay, Jon A & Medoff, James L, 1985. "Labor and Output over the Business Cycle: Some Direct Evidence," American Economic Review, American Economic Association, American Economic Association, vol. 75(4), pages 638-55, September.
    9. Aoyama,Hideaki & Fujiwara,Yoshi & Ikeda,Yuichi & Iyetomi,Hiroshi & Souma,Wataru Preface by-Name:Yoshikawa,Hiroshi, 2010. "Econophysics and Companies," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521191494.
    10. Arthur M. Okun, 1973. "Upward Mobility in a High-Pressure Economy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(1), pages 207-262.
    11. Steven J. Davis & John C. Haltiwanger & Scott Schuh, 1998. "Job Creation and Destruction," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262540932, December.
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    Cited by:
    1. YOSHIKAWA Hiroshi, 2013. "Stochastic Macro-equilibrium and Microfoundations for Keynesian Economics," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) 13039, Research Institute of Economy, Trade and Industry (RIETI).
    2. AOYAMA Hideaki & IYETOMI Hiroshi & YOSHIKAWA Hiroshi, 2012. "Equilibrium Distribution of Labor Productivity," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) 12041, Research Institute of Economy, Trade and Industry (RIETI).
    3. Hideaki Aoyama & Hiroshi Iyetomi & Hiroshi Yoshikawa, 2012. "Equilibrium Distribution of Labor Productivity: A Theoretical Model," Papers 1205.2470, arXiv.org.
    4. Hiroshi Yoshikawa, 2011. "Stochastic Macro-equilibrium and A Microfoundation for the Keynesian Economics," CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo CIRJE-F-827, CIRJE, Faculty of Economics, University of Tokyo.

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