Asset Returns and Business Cycles in Models with Investment Adjustment Cost

dc.contributor.author	Beaubrun-Diant, Kevin
dc.contributor.author	Tripier, Fabien
dc.date.accessioned	2009-09-22T13:24:11Z
dc.date.available	2009-09-22T13:24:11Z
dc.date.issued	2005
dc.identifier.uri	https://basepub.dauphine.fr/handle/123456789/1869
dc.language.iso	en	en
dc.subject	Asset returns	en
dc.subject	Business cycle	en
dc.subject	Adjustment costs	en
dc.subject.ddc	332	en
dc.subject.classificationjel	E22	en
dc.subject.classificationjel	E32	en
dc.subject.classificationjel	G12	en
dc.title	Asset Returns and Business Cycles in Models with Investment Adjustment Cost	en
dc.type	Article accepté pour publication ou publié
dc.contributor.editoruniversityother	Paris Ouest La Défense;France
dc.description.abstracten	We show that adjustment cost models with labor supply can explain both asset returns and business cycle facts when adjustment costs penalize the changes of investment. This conclusion stands in contrast to results obtained in the literature with adjustment costs that penalize the changes of capital.	en
dc.relation.isversionofjnlname	Economics Letters
dc.relation.isversionofjnlvol	86	en
dc.relation.isversionofjnlissue	1	en
dc.relation.isversionofjnldate	2005-01
dc.relation.isversionofjnlpages	141-146	en
dc.relation.isversionofdoi	http://dx.doi.org/10.1016/j.econlet.2004.07.007	en
dc.description.sponsorshipprivate	oui	en
dc.relation.isversionofjnlpublisher	Elsevier	en
dc.subject.ddclabel	Economie financière	en

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