Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965517 | Journal of Macroeconomics | 2012 | 10 Pages |
Abstract
⺠This paper examines the normalization of CES production functions. ⺠Some uses of normalization in the theoretical literature are criticized. ⺠The paper criticizes the idea that the elasticity of substitution is a deep parameter.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jonathan Temple,