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Search: subject:"Cycles of period two"
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Cycles of period two
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Determinacy
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Overlapping generations
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Transaction costs
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Ismael, Mohanad
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Centre d'Études des Politiques Économiques (EPEE), Université d'Évry Val d'Essonne
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Transaction costs in an overlapping generations model
Ismael, Mohanad
-
Centre d'Études des Politiques Économiques (EPEE), …
-
2010
. Further, transaction costs promote the emergence of
cycles
of
period
two
and therefore acts as a destabiliz- ing factor. These …
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