Business cycle models with indeterminacy /
Three original models which explain business cycles as a result of self-fulfilling expectations are presented. The models are founded on the structue of dynamic general equilibrium theory. Market power and increasing returns to scale are introduced which allow indeterminancy of the Rational Expectat...
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| Format: | eBook |
| Language: | English |
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Heidelberg ; New York :
Physica-Verlag,
[1998]
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| Series: | Contributions to economics.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
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