000098107 001 __ 98107
000098107 005 __20141007063538.0
000098107 024 8_ $9 primocentral $9 driver $a oai:ddd.uab.cat:98107
000098107 035 __ $a oai:www.recercat.cat:2072/179091
000098107 041 __ $a eng
000098107 080 __ $a 33
000098107 080 __ $a 338
000098107 100 1_ $a Arespa, Marta
000098107 245 10 $a Macroeconomics of extensive margins : $b a simple model
000098107 260 __ $b Xarxa de Referència en Economia Aplicada (XREAP) $c 2011
000098107 300 __ $a 38 p.
000098107 520 __ $a How do monopolistically competitive industries react to shocks in the context of a New Keynesian macro model? I bridge macroeconomics and trade theory by considering market dynamics. I use an analytically tractable closed-economy model with endogenous entry of firms and show the implications of markets structure for the transmission of real shocks on aggregate variables and welfare. Shock sources become crucial for the results: traditional productivity shocks cause an extensive effect on production; shocks on innovation cause an intensive impact. More patient populations bring the economy to a richer market, although it cushions the extensive effect after an innovation shock.
000098107 540 __ $9 info:eu-repo/semantics/openAccess $a L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: $u http://creativecommons.org/licenses/by/3.0/es/
000098107 546 __ $a Anglès.
000098107 650 _4 $a Macroeconomics
000098107 653 __ $a Macroeconomia
000098107 655 _4 $a info:eu-repo/semantics/workingPaper
000098107 710 1_ $a Xarxa de Referència en Economia Aplicada (XREAP)
000098107 762 18 $w hdl_2072_13171
000098107 830 __ $a XREAP ; $v 2011-19
000098107 856 40 $p 38 $s 267275 $u http://ddd.uab.cat/pub/estudis/2011/hdl_2072_179091/XREAP2011-19.pdf
000098107 856 42 $3 Adreça alternativa $u http://hdl.handle.net/2072/179091
000098107 980 __ $a ESTUDIS $b UAB