Expectations and adjustment dynamics in the specific-factors model: Correction and extension

This paper corrects the analysis, presented in Albert and Meckl (1991), of adjustment in a dynamic specific-factors model with endogenous capital stocks, and extends it to a multi-sector setup.

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Year of publication:	1995
Authors:	Albert, Max
Institutions:	Fachbereich Wirtschaftswissenschaften, Universität Konstanz

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Extent:	application/pdf
Series:	Discussion Papers, Series II.
Type of publication:	Book / Working Paper
Notes:	Number 246
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010958446