Capital-Labor Substitution, Equilibrium Indeterminacy, and the Cyclical Behavior of Labor Income
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- Jang-Ting Guo & Kevin J. Lansing, 2008. "Capital-labor substitution, equilibrium indeterminacy, and the cyclical behavior of labor income," Working Paper Series 2008-06, Federal Reserve Bank of San Francisco, revised 2008.
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CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Fabien Tripier, 2009. "Elasticity of factor substitution and the rise in labor's share of income during the Great Depression," Working Papers hal-00419343, HAL.
More about this item
KeywordsCapital-Labor Substitution; Equilibrium Indeterminacy; Capital Utilization; Real Business Cycles; Labor Income;
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-BEC-2009-06-03 (Business Economics)
- NEP-DGE-2009-06-03 (Dynamic General Equilibrium)
- NEP-MAC-2009-06-03 (Macroeconomics)
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