Showing 1 - 10 of 629
We present a neoclassical model of capital accumulation with frictional labour markets. Under standard parameter values the equilibrium of the model is indeterminate and consequently displays expectations-driven business cycles - so-called endogenous business cycles. We study the properties of...
Persistent link: https://www.econbiz.de/10005231997
Persistent link: https://www.econbiz.de/10004990248
Persistent link: https://www.econbiz.de/10002676787
Persistent link: https://www.econbiz.de/10007440389
Persistent link: https://www.econbiz.de/10001243650
Persistent link: https://www.econbiz.de/10001249310
Persistent link: https://www.econbiz.de/10010483147
Persistent link: https://www.econbiz.de/10001525852
Persistent link: https://www.econbiz.de/10001799560
Persistent link: https://www.econbiz.de/10003812101