Novales Cinca, Alfonso Santiago2023-06-212023-06-2119862255-5471https://hdl.handle.net/20.500.14352/65952We study in this paper the equilibrium influence of adjustment costs of capital on interest rates determination. Considering endogenous interest rates in optimal capital accumulation models introduces nonlinearities which together with expectations of future variables make the model hard to analyze. We use here a solution method that has recently been preposed in the literature, to show that the model is able to reproduce some of the correlations among output, consumption, interest rates and capital that can be observed in actual time series data.engAtribución-NoComercial-CompartirIgual 3.0 Españahttps://creativecommons.org/licenses/by-nc-sa/3.0/es/technical reporthttp://economicasyempresariales.ucm.es/working-papers-cceehttps://economicasyempresariales.ucm.es/working-papers-cceeopen accessAjustes del capitalAcumulación de capitalSeries temporalesEconometría (Economía)5302 Econometría