Endogenous vs Exogenously Driven Fluctuations in Vintage Capital Models
Author
Abstract
(This abstract was borrowed from another version of this item.)
Suggested Citation
Download full text from publisher
Other versions of this item:
- Boucekkine, Raouf & del Rio, Fernando & Licandro, Omar, 1999. "Endogenous vs Exogenously Driven Fluctuations in Vintage Capital Models," Journal of Economic Theory, Elsevier, vol. 88(1), pages 161-187, September.
- Boucekkine, Raouf & del Rio, Fernando & Licandro, Omar, 1999. "Endogenous vs Exogenously Driven Fluctuations in Vintage Capital Models," LIDAM Discussion Papers IRES 1999007, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Boucekkine, Raouf & Del Rio, Fernando & Licandro, Omar, 1999. "Endogenous vs exogenously driven fluctuations in vintage capital models," CEPREMAP Working Papers (Couverture Orange) 9901, CEPREMAP.
References listed on IDEAS
- Grandmont, Jean-Michel, 1985.
"On Endogenous Competitive Business Cycles,"
Econometrica, Econometric Society, vol. 53(5), pages 995-1045, September.
- Grandmont Jean-michel, 1983. "On endogenous competitive business cycles," CEPREMAP Working Papers (Couverture Orange) 8316, CEPREMAP.
- Cooley, Thomas F. & Greenwood, Jeremy & Yorukoglu, Mehmet, 1997.
"The replacement problem,"
Journal of Monetary Economics, Elsevier, vol. 40(3), pages 457-499, December.
- Thomas F. Cooley & Jeremy Greenwood & Mehmet Yorukoglu, 1994. "The replacement problem," Discussion Paper / Institute for Empirical Macroeconomics 95, Federal Reserve Bank of Minneapolis.
- Cooley, T.F. & Greenwood, J. & Yorukoglu, M., 1995. "The Replacement Problem," University of Western Ontario, Departmental Research Report Series 9508, University of Western Ontario, Department of Economics.
- Thomas F. Cooley & Jeremy Greenwood & Mehmet Yorukoglu, 1994. "The Replacement Problem," Working Papers 9408, Centro de Investigacion Economica, ITAM.
- Cooley, T.F. & Greenwood, J. & Yorukoglu, M., 1997. "The Replacement Problem," RCER Working Papers 444, University of Rochester - Center for Economic Research (RCER).
- Boucekkine, Raouf & Germain, Marc & Licandro, Omar & Magnus, Alphonse, 1998.
"Creative Destruction, Investment Volatility, and the Average Age of Capital,"
Journal of Economic Growth, Springer, vol. 3(4), pages 361-384, December.
- R. Boucekkine & M. Germain & O. Licandro & A. Magnus, "undated". "Creative destruction, investment volatility, and the average age of capital," Working Papers 97-08, FEDEA.
- BOUCEKKINE, Raouf & GERMAIN, Marc & LICANDRO, Omar & MAGNUS, Alphonse, 1998. "Creative destruction, investment volatility, and the average age of capital," LIDAM Reprints CORE 1376, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Ricardo J. Caballero & Mohamad L. Hammour, 1996.
"On the Timing and Efficiency of Creative Destruction,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(3), pages 805-852.
- Ricardo J. Caballero & Mohamad L. Hammour, 1994. "On the Timing and Efficiency of Creative Destruction," NBER Working Papers 4768, National Bureau of Economic Research, Inc.
- R. M. Solow & J. Tobin & C. C. Weizsäcker & M. Yaari, 1971.
"Neoclassical Growth with Fixed Factor Proportions,"
Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 9, pages 68-102,
Palgrave Macmillan.
- R. M. Solow & J. Tobin & C. C. von Weizsäcker & M. Yaari, 1966. "Neoclassical Growth with Fixed Factor Proportions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 33(2), pages 79-115.
- Benhabib, Jess & Rustichini, Aldo, 1991.
"Vintage capital, investment, and growth,"
Journal of Economic Theory, Elsevier, vol. 55(2), pages 323-339, December.
- Jess Benhabib & Aldo Rustichini, 1990. "Vintage Capital, Investment and Growth," Discussion Papers 886, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Benhabib, Jess & Rustichini, Aldo, 1990. "Vintage Capital, Investment And Growth," Working Papers 90-22, C.V. Starr Center for Applied Economics, New York University.
- Becker, Robert & Boldrin, Michele & Jones, Ronald (ed.), 1993. "General Equilibrium, Growth, and Trade II," Elsevier Monographs, Elsevier, edition 1, number 9780120846559.
- Steven J. Davis & John Haltiwanger, 1992.
"Gross Job Creation, Gross Job Destruction, and Employment Reallocation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(3), pages 819-863.
- Steve J. Davis & John Haltiwanger, 1990. "Gross Job Creation, Gross Job Destruction and Employment Reallocation," Working Papers 90-4, Center for Economic Studies, U.S. Census Bureau.
- Steve J. Davis & John Haltiwanger, 1991. "Gross Job Creation, Gross Job Destruction and Employment Reallocation," NBER Working Papers 3728, National Bureau of Economic Research, Inc.
- Steven J. Davis & John Haltiwanger, 1991. "Gross job creation, gross job destruction and employment reallocation," Working Paper Series, Macroeconomic Issues 91-5, Federal Reserve Bank of Chicago.
- Boucekkine, Raouf & Germain, Marc & Licandro, Omar, 1997.
"Replacement Echoes in the Vintage Capital Growth Model,"
Journal of Economic Theory, Elsevier, vol. 74(2), pages 333-348, June.
- Raouf Boucekkine & Marc Germain & Omar Licandro, "undated". "Replacement echoes in the vintage capital growth model," Working Papers 96-16, FEDEA.
- Boucekkine, R. & Germain, M. & Licandro, O., 1997. "Replacement echoes in the vintage capital growth model," LIDAM Reprints CORE 1275, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Boucekkine, Raouf & Germain, Marc & Licandro, Omar, 1996. "Replacement echoes in the vintage capital growth model," UC3M Working papers. Economics 4096, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Wen, Yi, 1998. "Investment cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 22(7), pages 1139-1165, May.
- Boucekkine, Raouf & Licandro, Omar & Paul, Christopher, 1997.
"Differential-difference equations in economics: On the numerical solution of vintage capital growth models,"
Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 347-362.
- Raouf Boucekkine & Omar Licandro & Christopher Paul, "undated". "Differential-Difference Equations in Economics: On the Numerical Solution of Vintage Capital Growth Models," Computing in Economics and Finance 1996 _036, Society for Computational Economics.
- Boucekkine, Raouf & Licandro, Omar & Paul, Christopher, 1995. "Differential-difference equations in economics: on the numerical solution of vintage capital growth models," UC3M Working papers. Economics 3951, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Cogley, Timothy & Nason, James M, 1995.
"Output Dynamics in Real-Business-Cycle Models,"
American Economic Review, American Economic Association, vol. 85(3), pages 492-511, June.
- Timothy Cogley & James M. Nason, 1993. "Output dynamics in real business cycle models," Working Papers in Applied Economic Theory 93-10, Federal Reserve Bank of San Francisco.
- van Hilten, Onno, 1991. "The optimal lifetime of capital equipment," Journal of Economic Theory, Elsevier, vol. 55(2), pages 449-454, December.
- Steven J. Davis & John C. Haltiwanger & Scott Schuh, 1998. "Job Creation and Destruction," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262540932, April.
- Kydland, Finn E & Prescott, Edward C, 1982.
"Time to Build and Aggregate Fluctuations,"
Econometrica, Econometric Society, vol. 50(6), pages 1345-1370, November.
- Finn E. Kydland & Edward C. Prescott, 1982. "Executable program for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4, Quantitative Macroeconomics & Real Business Cycles.
- Finn E. Kydland & Edward C. Prescott, 1982. "Web interface for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4a, Quantitative Macroeconomics & Real Business Cycles.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Simon Gilchrist & John C. Williams, 2000.
"Putty-Clay and Investment: A Business Cycle Analysis,"
Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 928-960, October.
- Simon Gilchrist & John C. Williams, 1998. "Putty-clay and investment: a business cycle analysis," Finance and Economics Discussion Series 1998-30, Board of Governors of the Federal Reserve System (U.S.).
- Simon Gilchrist & John C. Williams, 1998. "Putty-Clay and Investment: A Business Cycle Analysis," NBER Working Papers 6812, National Bureau of Economic Research, Inc.
- Boucekkine, Raouf & Martinez, Blanca, 2003.
"Replacement, adoption and economic dynamics: lessons from a canonical creative destruction model,"
Structural Change and Economic Dynamics, Elsevier, vol. 14(3), pages 339-359, September.
- BOUCEKKINE, Raouf & MARTINEZ, Blanca, 2003. "Replacement, adoption and economic dynamics: lessons from a canonical creative destruction model," LIDAM Reprints CORE 1657, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Raouf Boucekkine & David De la Croix & Omar Licandro, 2011.
"Vintage Capital Growth Theory: Three Breakthroughs,"
Working Papers
565, Barcelona School of Economics.
- Raouf Boucekkine & David de la Croix & Omar Licandro, 2011. "Vintage capital growth theory: Three breakthroughs," UFAE and IAE Working Papers 875.11, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Raouf Boucekkine & David de La Croix & Omar Licandro, 2011. "Vintage capital theory: Three breakthroughs," Working Papers halshs-00599074, HAL.
- Raouf Boucekkine & David Croix & Omar Licandro, 2004.
"MODELLING VINTAGE STRUCTURES WITH DDEs: PRINCIPLES AND APPLICATIONS,"
Mathematical Population Studies, Taylor & Francis Journals, vol. 11(3-4), pages 151-179.
- Raouf Boucekkine & David de la Croix & Omar Licandro, "undated". "Modelling vintage structures with DDEs: Principles and applications," Working Papers 2004-07, FEDEA.
- Raouf BOUCEKKINE & David DE LA CROIX & Omar LICANDRO, 2004. "Modelling vintage structures with DDEs: principles and applications," Economics Working Papers ECO2004/06, European University Institute.
- BOUCEKKINE, Raouf & DE LA CROIX, David & LICANDRO, Omar, 2004. "Modelling vintage structures with DDEs: principles and applications," LIDAM Reprints CORE 1758, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- BOUCEKKINE, RAOUF & de la CROIX, David & LICANDRO, Omar, 2004. "Modelling vintage structures with DDEs : principles and applications," LIDAM Discussion Papers CORE 2004047, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Raouf, BOUCEKKINE & David de la Croix & Omar Lidandro, 2004. "Modelling vintage structures with DDEs : principles and applications," LIDAM Discussion Papers IRES 2004004, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Gamboa, Franklin & Maldonado, Wilfredo Leiva, 2014.
"Feasibility and optimality of the initial capital stock in the Ramsey vintage capital model,"
Journal of Mathematical Economics, Elsevier, vol. 52(C), pages 40-45.
- Franklin Gamboa & Wilfredo L. Maldonado, 2013. "Feasibility and Optimality of the Initial Capital Stock in the Ramsey Vintage Capital Model," CAMA Working Papers 2013-38, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- George Bitros, 2010. "The theorem of proportionality in contemporary capital theory: An assessment of its conceptual foundations," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(4), pages 367-401, December.
- Bitros, George C., 2009. "The Theorem of Proportionality in Mainstream Capital Theory: An Assessment of its Conceptual Foundations," MPRA Paper 17436, University Library of Munich, Germany.
- Ulrich Brandt-Pollmann & Ralph Winkler & Sebastian Sager & Ulf Moslener & Johannes Schlöder, 2008.
"Numerical Solution of Optimal Control Problems with Constant Control Delays,"
Computational Economics, Springer;Society for Computational Economics, vol. 31(2), pages 181-206, March.
- Ulrich Brandt-Pollmann & Ralph Winkler & Sebastian Sager & Ulf Moslener & Johannes P. Schlöder, 2006. "Numerical solution of optimal control problems with constant control delays," CER-ETH Economics working paper series 06/59, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Boucekkine, Raouf & Licandro, Omar & Paul, Christopher, 1997.
"Differential-difference equations in economics: On the numerical solution of vintage capital growth models,"
Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 347-362.
- Raouf Boucekkine & Omar Licandro & Christopher Paul, "undated". "Differential-Difference Equations in Economics: On the Numerical Solution of Vintage Capital Growth Models," Computing in Economics and Finance 1996 _036, Society for Computational Economics.
- Boucekkine, Raouf & Licandro, Omar & Paul, Christopher, 1995. "Differential-difference equations in economics: on the numerical solution of vintage capital growth models," UC3M Working papers. Economics 3951, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Kredler, Matthias, 2014. "Vintage human capital and learning curves," Journal of Economic Dynamics and Control, Elsevier, vol. 40(C), pages 154-178.
- Boucekkine, Raouf & Germain, Marc & Licandro, Omar, 1997.
"Replacement Echoes in the Vintage Capital Growth Model,"
Journal of Economic Theory, Elsevier, vol. 74(2), pages 333-348, June.
- Raouf Boucekkine & Marc Germain & Omar Licandro, "undated". "Replacement echoes in the vintage capital growth model," Working Papers 96-16, FEDEA.
- Boucekkine, Raouf & Germain, Marc & Licandro, Omar, 1996. "Replacement echoes in the vintage capital growth model," UC3M Working papers. Economics 4096, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Boucekkine, R. & Germain, M. & Licandro, O., 1997. "Replacement echoes in the vintage capital growth model," LIDAM Reprints CORE 1275, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Boucekkine, Raouf & Pommeret, Aude, 2004.
"Energy saving technical progress and optimal capital stock: the role of embodiment,"
Economic Modelling, Elsevier, vol. 21(3), pages 429-444, May.
- BOUCEKKINE, Raouf & POMMERET, Aude, 2004. "Energy saving technical progress and optimal capital stock: the role of embodiment," LIDAM Reprints CORE 1703, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Raouf BOUCEKKINE & Aude POMMERET, 2000. "Optimal Capital Accumulation, Energy Cost and the Nature of Technological Progress," LIDAM Discussion Papers IRES 2001023, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Natali Hritonenko & Yuri Yatsenko, 2008.
"From Linear to Nonlinear Utility in Vintage Capital Models,"
Mathematical Population Studies, Taylor & Francis Journals, vol. 15(4), pages 230-248.
- HRITONENKO, Natali & YATSENKO, Yuri, 2009. "From linear to nonlinear utility in vintage capital models," LIDAM Reprints CORE 2148, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Feichtinger, Gustav & Hartl, Richard F. & Kort, Peter M. & Veliov, Vladimir M., 2006.
"Anticipation effects of technological progress on capital accumulation: a vintage capital approach,"
Journal of Economic Theory, Elsevier, vol. 126(1), pages 143-164, January.
- Feichtinger, G. & Hartl, R.F. & Kort, P.M. & Veliov, V.M., 2006. "Anticipation effects of technological progress on capital accumulation : A vintage capital approach," Other publications TiSEM 9a8debb0-5030-46fa-b89e-b, Tilburg University, School of Economics and Management.
- Peter Funk, 2005. "Competition and Growth in a Vintage Knowledge Model," Working Paper Series in Economics 15, University of Cologne, Department of Economics.
- BOUCEKKINE, Raouf & DE LA CROIX, David & LICANDRO, Omar, 2006.
"Vintage capital,"
LIDAM Discussion Papers CORE
2006024, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Raouf Boucekkine & David de la Croix & Omar Licandro, 2006. "Vintage Capital," Economics Working Papers ECO2006/8, European University Institute.
- Raouf, BOUCEKKINE & David, DE LA CROIX & Omar, LICANDRO, 2006. "Vintage Capital," Discussion Papers (ECON - Département des Sciences Economiques) 2006014, Université catholique de Louvain, Département des Sciences Economiques.
- Raouf Boucekkine & Omar Licandro & Luis A. Puch, 2006. "Crecimiento económico y generaciones de capital," Working Papers 2006-28, FEDEA.
- Takeshi Kobayashi & Masaya Sakuragawa, 2008. "Boom and Bust Cycle of the Stock Market, and Economic Growth in a Vintage Capital Model," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(3), pages 411-432, September.
- Faggian, Silvia & Gozzi, Fausto & Kort, Peter M., 2021.
"Optimal investment with vintage capital: Equilibrium distributions,"
Journal of Mathematical Economics, Elsevier, vol. 96(C).
- Silvia Faggian & Fausto Gozzo & Peter M. Kort, 2019. "Optimal investment with vintage capital: equilibrium distributions," Working Papers 2019: 12, Department of Economics, University of Venice "Ca' Foscari".
More about this item
JEL classification:
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2004-07-18 (Dynamic General Equilibrium)
- NEP-TID-1999-12-14 (Technology and Industrial Dynamics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fda:fdaddt:9819. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carmen Arias (email available below). General contact details of provider: https://www.fedea.net .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.