Back to search

Kinked Adjustment Costs and Aggregate Dynamics

Data up to Jan 2025

Published1990
Citations229
References52

Total Citations Per Year

Abstract

References (52)

Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence

1978 • 3,343 citations

Entry and Exit Decisions under Uncertainty

1989 • 2,383 citations

Monopolistic Competition and the Effects of Aggregate Demand

1987 • 1,550 citations

The Interest-Elasticity of Transactions Demand For Cash

1956 • 1,502 citations

Irreversible Investment, Capacity Choice, and the Value of the Firm

1988 • 1,381 citations

A Model of the Demand for Money by Firms

1966 • 1,349 citations

Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly

1985 • 1,233 citations

Capital Market Equilibrium with Transaction Costs

1986 • 1,172 citations

Are Economic Time Series Asymmetric over the Business Cycle?

1984 • 960 citations

Persistent Trade Effects of Large Exchange Rate Shocks

1989 • 940 citations

Planning Production, Inventories, and Work Force.

1962 • 930 citations

Hysteresis, Import Penetration, and Exchange Rate Pass-Through

1989 • 871 citations

Inflation and Costs of Price Adjustment

1977 • 785 citations

The Optimality of (S,s) Policies in the Dynamic Inventory Problem

2005 • 731 citations

Probability and Measure.

1987 • 642 citations

Menu Costs and the Neutrality of Money

1987 • 634 citations

Why is Consumption So Smooth?

1989 • 592 citations

A Theory of Monopolistic Price Adjustment

1972 • 519 citations

Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods

1990 • 505 citations

Can Small Deviations from Rationality Make Significant Differences to Economic Equilibria

2016 • 459 citations

Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence

1979 • 455 citations

The Present Value of Profits and Cyclical Movements in Investment

1986 • 405 citations

State-Dependent Pricing and the Dynamics of Money and Output

1991 • 323 citations

Labor Demand and the Structure of Adjustment Costs

2017 • 323 citations

Hall's consumption hypothesis and durable goods

1982 • 316 citations

Instantaneous Control of Brownian Motion

1983 • 301 citations

OPTIMAL CAPITAL POLICY WITH IRREVERSIBLE INVESTMENT

1966 • 288 citations

The Variability of Aggregate Demand with (S, s) Inventory Policies

1985 • 232 citations

Retail Inventory Behavior and Business Fluctuations

1981 • 230 citations

Optimum Pricing Policy under Stochastic Inflation

1983 • 227 citations

Existence of Optimal Simple Policies for Discounted-Cost Inventory and Cash Management in Continuous Time

1978 • 198 citations

Adjustment costs, durables, and aggregate consumption

1985 • 195 citations

Analytical Approximations in Models of Hysteresis

1991 • 184 citations

Fixed Costs, Employment and Labour Demand over the Cycle

1978 • 147 citations

Labor Turnover Costs and Average Labor Demand

1992 • 141 citations

A continuous time inventory model

1966 • 113 citations

Completeness, Distribution Restrictions, and the Form of Aggregate Functions

1984 • 109 citations

Search, Sticky Prices, and Inflation

1993 • 106 citations

Irreversible investment

1998 • 99 citations

Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy

1993 • 99 citations

A continuous time inventory model

1966 • 97 citations

Expenditure on Durable Goods: A Case for Slow Adjustment

1990 • 79 citations

On the Role of Expectations in the Pure Theory of Investment

1974 • 69 citations

Intersectoral capital reallocation under price uncertainty

1989 • 65 citations

HYSTERESIS OF LONG-RUN EQUILIBRIUM FROM REALISTIC ADJUSTMENT COSTS

1974 • 44 citations

Labor Market Rigidities and Unemployment: The Case of Severance Costs

1986 • 20 citations

Irreversibility and consumer durables expenditures

1989 • 18 citations

Transactions Demand for Money with a Stochastic, Time-Varying Interest Rate

1989 • 17 citations

Perishable Investment and Hysteresis in Capital Formation

1989 • 14 citations

The Life-Cycle Permanent-Income Model and Consumer Durables

1987 • 3 citations

Some welfare effects of inflation

1989 • 2 citations

Search, Sticky Prices, and Inflation

1988 • 1 citations

Cited By (0)

Loading...