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No abstract.
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Non-periodic fluctuations of production activities are shown to exist in a dynamic von Thunen model for specific conditions of cost and demand.
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During his lifetime Hyman Minsky made a seminal contribution to the development of financial Keynesianism. In this book, leading academics celebrate his work and explore his economic legacy. Special attention is paid to his work on contemporary economic method, the Great Depression, the European...
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Our concern is with economizing behavior when preferences depend on experience. It is shown that such dependence, reflecting 'deep psychological structure', even when it is stable or habit forming in a fixed environment, can be destabilizing in a market context when prices are adjusting, even...
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Nonnormative models of aggregative agricultural production are frequently based on the correlation of output variables with prices (usually lagged) and outputs lagged over time. "Structural" models of this kind relate these correlations indirectly to the behavioral and technical structure that...
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