This paper illustrates the propagation at the macro level of various types of shocks in a multifirm model representing a miniature economy which consists of firms of 4 different sizes. Our modelling exercise focuses on the interaction between internal and external labour flows. These flows are...

A quarterly econometric model for U S agriculture is used to illustrate shortrun and longrun adjustments m major livestock subsectors resulting from changes m feed gram prices Adjustments in the different livestock subsectors differ sharply m both speed and magnitude because of underlying...