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Business Cycles and Unemployment with Growth Through Creative Destruction
https://doi.org/10.24564/0002010985
https://doi.org/10.24564/00020109851d893699-c81b-4b4f-a624-72f08154f653
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
No101p33.pdf
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| Item type | デフォルトアイテムタイプ（フル）(1) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 公開日 | 2021-10-07 | |||||||||
| タイトル | ||||||||||
| タイトル | Business Cycles and Unemployment with Growth Through Creative Destruction | |||||||||
| 言語 | en | |||||||||
| 作成者 |
Hori, Katsuhiko
× Hori, Katsuhiko
× 堀, 勝彦
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| アクセス権 | ||||||||||
| アクセス権 | open access | |||||||||
| アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||||
| 内容記述 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | This paper examines relationships among economic growth, business cycles, and unemployment in a general-equilibrium model. The model views creative destruction as a major source of business cycles, as well as of long-term growth. I show that the expected growth rate negatively relates to the amplitude of business cycles, but positively relates to the expected unemployment rate. I also present an alternative view to competitive-equilibrium business cycle models on the relationship between employment and productivity. Contrary to competitive-equilibrium business cycle models, this model shows that positive permanent shocks cause unemployment, but positive transitory shocks lead to full employment. These theoretical results are consistent with empirical evidence. Finally, I show that an increase in the expected growth rate has a negative connection with the frequency of recessions. | |||||||||
| 内容記述 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | 紀要論文 | |||||||||
| 出版者 | ||||||||||
| 出版者 | 琉球大学国際地域創造学部 | |||||||||
| 言語 | ja | |||||||||
| 言語 | ||||||||||
| 言語 | eng | |||||||||
| 資源タイプ | ||||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||||||
| 資源タイプ | departmental bulletin paper | |||||||||
| 出版タイプ | ||||||||||
| 出版タイプ | VoR | |||||||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||||
| 識別子 | ||||||||||
| 識別子 | http://hdl.handle.net/20.500.12000/49847 | |||||||||
| 識別子タイプ | HDL | |||||||||
| ID登録 | ||||||||||
| ID登録 | 10.24564/0002010985 | |||||||||
| ID登録タイプ | JaLC | |||||||||
| 収録物識別子 | ||||||||||
| 収録物識別子タイプ | ISSN | |||||||||
| 収録物識別子 | 0557-580X | |||||||||
| 収録物識別子 | ||||||||||
| 収録物識別子タイプ | NCID | |||||||||
| 収録物識別子 | AN00250468 | |||||||||
| 収録物名 | ||||||||||
| 収録物名 | 琉球大学経済研究＝Ryukyu University Economic Review | |||||||||
| 言語 | ja | |||||||||
| 書誌情報 |
号 101, p. 33-53, 発行日 2021-09-30 |
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