Aggregate Implications of Microeconomic Non-Convexites, Financial Imperfections and Complementarities

微观经济非凸性、金融不完善性和互补性的总体影响

• 批准号: 9515043
• 负责人: Russell Cooper
• 金额: $ 27.27万
• 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: 1996
• 资助国家: 美国
• 起止时间: 1996-04-15 至 1999-09-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9515043&HistoricalAwards=false
• 关键词: Aggregate; Implications; Microeconomic; Non; Convexites

This research consists of two related projects. The first is a theoretical and empirical investigation of the connection between investment flow, employment growth, and productivity growth at the plant level, as well as the consequent aggregate implications. This research will include the development of theoretical models and an empirical evaluation of the resulting propositions using the Longitudinal Research Database (LRD). Important issues to be investigated include: the relevance of non-convexities in the capital and labor adjustment process, the connection between these factor flows and productivity growth and associated aggregate i implications. The second topic analyzes financial markets and the flow of inputs across plant sits. The theme here is that the financial markets facilitate the flow of capital across production units due to differences in productivity at the various sites. Theoretical models stressing the implications of plant and sector specific shocks will be analyzed under alternative assumptions about the structure of factor and financial markets. The LRD will then be used to evaluate implications of the models developed under these alternative hypotheses.

本研究包括两个相关的项目。 第一个是对工厂层面的投资流动、就业增长和生产率增长之间的联系以及由此产生的总体影响进行理论和实证调查。 本研究将包括理论模型的发展和使用纵向研究数据库（LRD）的实证评估所产生的命题。 需要研究的重要问题包括：资本和劳动力调整过程中非凸性的相关性，这些要素流动与生产率增长之间的联系以及相关的总量影响。 第二个主题分析了金融市场和工厂之间的投入流动。 这里的主题是，由于不同地点的生产率差异，金融市场促进了资本在生产单位之间的流动。强调工厂和部门的具体冲击的影响的理论模型，将分析在替代假设的要素和金融市场的结构。 然后，LRD将被用来评估这些替代假设下开发的模型的影响。