Zobrazeno 1 - 10
of 133
pro vyhledávání: '"Juin-jen Chang"'
Publikováno v:
Macroeconomic Dynamics. :1-35
We endogenize the R&D financial structure and investigate the effects of tax policy (dividend, corporate, and bond income taxes). Agency costs exist between the supply of and demand for funding, which enable the financial market to reshuffle loanable
Publikováno v:
Advances in Pacific Basin Business, Economics and Finance ISBN: 9781803824024
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5cc248e62c0025157a20bdd293beeab7
https://doi.org/10.1108/s2514-465020230000011002
https://doi.org/10.1108/s2514-465020230000011002
Autor:
Juin-Jen Chang, Chun-Hung Kuo
Publikováno v:
The B.E. Journal of Macroeconomics. 23:27-55
This paper investigates the mechanism behind the cyclical movements in the labor income share. We build a dynamic stochastic general equilibrium model with search and matching frictions to examine the counter-cyclicality and overshooting of the labor
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Journal of Economic Dynamics and Control. 151:104622
Publikováno v:
Review of International Economics. 30:57-82
This paper provides the implications of firm heterogeneity for the global environment and trade liberalization in a trade model with endogenous markups and regulatory non-compliance. We show that firms with heterogeneous productivities respond differ
Publikováno v:
Journal of Money, Credit and Banking. 53:503-533
A New Keynesian model with government production, public compensation, and unemployment is fit to U.S. data to study the macroeconomic and fiscal effects of public wage reductions. We find that accounting for the type of government spending is crucia
Publikováno v:
Southern Economic Journal. 87:979-1009
Publikováno v:
Macroeconomic Dynamics. 26:579-612
We develop a dynamic general equilibrium growth model, where households purchase final goods on cash or credit and have different capital and money endowments, to investigate whether inflation affects trends in income and consumption inequality. We s