Sections / Section 9: CES Potential and Information Friction / allocationDistortion

Allocation Distortion

defprovedMacroeconomics

Documentation

Lean 4 Proof

def allocationDistortion (T Tstar : ℝ) : ℝ := 1 - max 0 (1 - T / Tstar)

Dependency Graph

Used by

sectorAllocationDistortion allocationDistortion_monotone multisector_stagflation allocationDistortion_at_critical stagflation allocationDistortion_nonneg allocationDistortion_at_zero

Location

thesis/CESProofs/Potential/MacroApplications.lean:158

Module Section

Macroeconomic Applications of the CES Potential

In the same file

cesMultiplier cesMultiplier_pos cesMultiplier_decreasing_in_rho effectiveMultiplier effectiveMultiplier_nonneg effectiveMultiplier_decreasing_in_T effectiveMultiplier_zero_at_critical fiscal_multiplier_heterogeneity recession_depth_proportional_to_K sectoral_recession_ordering allocationDistortion_nonneg allocationDistortion_at_zero allocationDistortion_at_critical allocationDistortion_monotone stagflation recession_dual_degradation