Blar i Arbeidsnotater / Working Papers på emneord "rental market"
Viser treff 1-1 av 1
-
New Perspectives on Capital and Sticky Prices
(Working Papers;3/2004, Working paper, 2004)We model capital accumulation in a dynamic New-Keynesian model with staggered price setting à la Calvo. It is assumed that firms do not have access to a rental market for capital. We compare our model with an alternative ...