Simulating the U.S. Recession with and without the Obama package: the role of excess capacity
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References listed on IDEAS
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"Applied General Equilibrium Analysis of Small Open Economies with Scale Economies and Imperfect Competition,"
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- Dixon, Peter B. & Rimmer, Maureen T., 2011.
"You can't have a CGE recession without excess capacity,"
Elsevier, vol. 28(1-2), pages 602-613, January.
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More about this item
KeywordsU S recession CGE modelling excess capacity sticky rents mark-up pricing;
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2010-02-20 (All new papers)
- NEP-CMP-2010-02-20 (Computational Economics)
- NEP-MAC-2010-02-20 (Macroeconomics)
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