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The production of national defense and the macroeconomy
This study investigates the interactions between defense production and the rest of the economy. We develop a two-sector dynamic stochastic general equilibrium model with military and nonmilitary production. Inputs (capital and labor) are distributed between the two sectors. Calibration of the model...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2020
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7553276/ https://www.ncbi.nlm.nih.gov/pubmed/33048939 http://dx.doi.org/10.1371/journal.pone.0240299 |