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Adjustment Cost on Investment and Under-Utilization of Maximum Installed Capacity in South Korean Business Cycle - A Bayesian New Keynensian Model Cover

Adjustment Cost on Investment and Under-Utilization of Maximum Installed Capacity in South Korean Business Cycle - A Bayesian New Keynensian Model

ECONOMICS
Volume 13 (2025): Issue 1 (March 2025)
By: Tuhin G M Al Mamun and  Ehsanullah  
Open Access
|Feb 2025

Authors

Tuhin G M Al Mamun

20224130@gm.hannam.ac.kr

Hannam University, Department of Economics, South Korea

Ehsanullah

Hannam University, Department of Economics, South Korea
DOI: https://doi.org/10.2478/eoik-2025-0026 | Journal eISSN: 2303-5013 | Journal ISSN: 2303-5005
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Language: English
Page range: 1 - 24
Submitted on: Sep 12, 2024
|
Accepted on: Jan 27, 2025
|
Published on: Feb 2, 2025
Published by: Oikos Institut d.o.o.
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year
Keywords:
Bayesian Estimation,
Korean Business Cycles,
Adjustment Costs,
Underutilization of Capital,
New Keynesian Economics,
Ricardian Estimation,
Non-Ricardian Estimation,
Maximum Installed Capacity,
Metropolis-Hastings Algorithm
Related subjects:
Business and economics,
Political economics,
Economic theory, systems and structures,
Microeconomics,
Macroeconomics,
Public finance and fiscal theory

© 2025 Tuhin G M Al Mamun, Ehsanullah, published by Oikos Institut d.o.o.
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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