Aggregate Implication of Complementarities: Machine Replacement, Income Distribution, and Fluctuations

互补性的总体影响：机器替代、收入分配和波动

• 批准号: 9224648
• 负责人: Russell Cooper
• 金额: $ 18.36万
• 依托单位: National Bureau of Economic Research Inc
• 依托单位国家: 美国
• 项目类别: Continuing Grant
• 财政年份: 1993
• 资助国家: 美国
• 起止时间: 1993-07-01 至 1996-12-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9224648&HistoricalAwards=false
• 关键词: Aggregate; Implication; Complementarities; Machine; Replacement

The purpose of this project is to analyze three broad issues: machine replacement and aggregate business fluctuations, team dynamics, and business cycle behavior. The first topic involves the aggregate implication of machine replacement which entails the replacement of old machines with new, more productive ones. Previous work has focused on seasonal fluctuations induced by retooling in the automobile industry during the both interwar and post WW II periods. The extensions will involve looking more broadly over other industries to focus on the connection between machine replacement and the business cycle and to evaluate competing theoretical models of seasonal productivity fluctuations. The second topic concerns the relationship between complementarities in the production process and the distribution of income. Here the assignment of individuals to teams (e.g. firms) is analyzed focusing on the induced dynamics of the income distribution, paying particular attention to persistent income inequality. The third topic continues previous work on net business formation, bank runs, and the importance of technological non-convexities for aggregate fluctuations. This research is important because it will provide a better understanding of factors influencing economic fluctuations and the distribution of income.

该项目的目的是分析三个广泛的问题：机器更换和总体业务波动、团队动态和业务周期行为。 第一个主题涉及机器更换的总体影响，即用新的、生产率更高的机器更换旧机器。 之前的工作主要集中在两次世界大战期间和二战后时期汽车工业重组引起的季节性波动。 这些扩展将涉及更广泛地审视其他行业，重点关注机器更换与商业周期之间的联系，并评估季节性生产率波动的竞争理论模型。 第二个话题涉及生产过程的互补性与收入分配的关系。 这里分析个人对团队（例如公司）的分配，重点关注收入分配的诱发动态，特别关注持续的收入不平等。 第三个主题继续之前关于净业务形成、银行挤兑以及技术非凸性对总体波动的重要性的研究。 这项研究很重要，因为它将让我们更好地了解影响经济波动和收入分配的因素。