Increasing returns, capital utilization, and the effects of government spending

Article Abstract:

Devereux et al (DHL) shows that a one-sector real business cycle model with strong increasing returns, capital utilization is capable of producing qualitatively realistic business cycles driven solely by changes to government purchases. The results in DHL indicate that one sector model can produce procyclical movements in macroeconomic aggregates to a permanent or temporary government spending shock is driven by an endogenous, positive response of labor productivity.

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A dynamic model of job networking and social influences on employment

Article Abstract:

The dynamics of model that explore the personal connections facilitating the search for jobs are explored. The model provides information on the theory of networking, that a firm receives on the productivity of jobs to applicants with social ties and it also creates a non-linear relationship between groups of socially connected individuals employment rate.

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Dynamic production teams with strategic behavior

Article Abstract:

The limit to which the intergenerational teams can give the information about the productivity of the workers in a dynamic setup with adverse selection is studied. Further, it is analyzed whether intergenerational teams reveal workers' productivities.

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