文章基本信息

标题：Aggregate Supply in INTERLINK
本地全文：下载
作者：John Helliwell ; Peter Sturm ; Peter Jarrett 等
期刊名称：Economics Department Working Papers / OECD
印刷版ISSN：0259-4633
出版年度：1985
卷号：1985
DOI：10.1787/080723842221
出版社：Organisation for Economic Co-operation and Development (OECD)
摘要：This paper describes modifications to, and further developments of, the supply block in the Secretariat's INTERLINK world model as of the autumn of 1985. The objective of the work was to strengthen the role of supply side elements, in particular profitability, in the model. In the process, stockbuilding was endogenised, assigning to inventories an important buffer role between sales and output in the dynamic adjustment process. Price formation has been linked more coherently to the revised supply structure via a dual cost function, and labour supply has been endogenised.