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Marketing technology in macroeconomics
In this paper, we incorporate a marketing technology into a dynamic stochastic general equilibrium model by assuming a matching friction for consumption. An improvement in matching can be interpreted as an increase in matching technology, which we call marketing technology because of similar propert...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer International Publishing AG
2012
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3725898/ https://www.ncbi.nlm.nih.gov/pubmed/23961358 http://dx.doi.org/10.1186/2193-1801-1-28 |
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author | Tamegawa, Kenichi |
author_facet | Tamegawa, Kenichi |
author_sort | Tamegawa, Kenichi |
collection | PubMed |
description | In this paper, we incorporate a marketing technology into a dynamic stochastic general equilibrium model by assuming a matching friction for consumption. An improvement in matching can be interpreted as an increase in matching technology, which we call marketing technology because of similar properties. Using a simulation analysis, we confirm that a positive matching technology shock can increase output and consumption. |
format | Online Article Text |
id | pubmed-3725898 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2012 |
publisher | Springer International Publishing AG |
record_format | MEDLINE/PubMed |
spelling | pubmed-37258982013-07-30 Marketing technology in macroeconomics Tamegawa, Kenichi Springerplus Research In this paper, we incorporate a marketing technology into a dynamic stochastic general equilibrium model by assuming a matching friction for consumption. An improvement in matching can be interpreted as an increase in matching technology, which we call marketing technology because of similar properties. Using a simulation analysis, we confirm that a positive matching technology shock can increase output and consumption. Springer International Publishing AG 2012-10-04 /pmc/articles/PMC3725898/ /pubmed/23961358 http://dx.doi.org/10.1186/2193-1801-1-28 Text en © Tamegawa; licensee Springer. 2012 This article is published under license to BioMed Central Ltd. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. |
spellingShingle | Research Tamegawa, Kenichi Marketing technology in macroeconomics |
title | Marketing technology in macroeconomics |
title_full | Marketing technology in macroeconomics |
title_fullStr | Marketing technology in macroeconomics |
title_full_unstemmed | Marketing technology in macroeconomics |
title_short | Marketing technology in macroeconomics |
title_sort | marketing technology in macroeconomics |
topic | Research |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3725898/ https://www.ncbi.nlm.nih.gov/pubmed/23961358 http://dx.doi.org/10.1186/2193-1801-1-28 |
work_keys_str_mv | AT tamegawakenichi marketingtechnologyinmacroeconomics |