Yoshida,M.: Public Investment Criterion in an
Overlapping Generations Economy, Economica, 53,
pp.247-263, 1986.
Yakita,A.:
Public Investment Criterion with
Distorted Capital Markets in an Overlapping
Generations Economy, Journal of Macroeconomics,
16, pp.715-728, 1994
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Koichi Futagami and Makoto Okamura
"Strategic Investment : The Labor-Managed firm and the Profit-Maximizing firm"
Journal of International and Comparative Economics1997
[2] Blanchard, O., and Kahn, C. M., 1980, ”The solution of linear difference models under
rational expectations,” Econometrica, Vol. 48, pp. 1305-1311.
Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy
Lawrence J. Christiano, Martin Eichenbaum, Charles Evans http://www.nber.org/papers/8403
NBER Working Paper No. 8403
Issued in July 2001
---- Abstract -----
We present a model embodying moderate amounts of nominal rigidities which accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these features, the most important are staggered wage contracts of average duration three quarters, and variable capital utilization.
innovate→create
show→indicate / demonstrate 2箇所/ illustrate ２箇所/ be shown → be probvided
have→obtain ４箇所
is made into → is produced as/ is made as → is derived as
make → yield/ make 〜 more rapid → accelerate 〜 / make 〜 higher→increase 〜 / is made as 〜 → is determined to be
is given as → are derived as
〜 has proportional relation to → is proportionally related to
can be said to do → can be regarded as doing/ is said to be → is considered as
below → following
grow 〜 growth → achieve 〜
lakc → be not met
check → verify
give → produce / yield
drawn → represented
〜; therefore, 〜
〜, in which 〜 → 〜, wherein 〜
