Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
966001 | Journal of Macroeconomics | 2009 | 15 Pages |
Abstract
In our dynamic analysis, we show that if public abatement is substantially large, dynamic indeterminacy may occur despite the absence of a positive labor externality and interestingly, this is more likely to be the case when abatement labor plays a more significant role. Besides, the transitional effects of an increase in public abatement are also investigated.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jhy-hwa Chen, Jhy-yuan Shieh, Juin-jen Chang, Ching-chong Lai,