Sunspots and the Business Cycle in a Finance Constrained Economy

This paper examines the cyclical properties of a finance constrained economy populated by two classes of households with heterogeneous preferences and featuring social increasing returns-to-scale. The model exhibits indeterminacy for externalities mild enough so that the labor demand curve is downwa...

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Bibliographic details
Volume:	97
Main Author:	Barinci, Jean-Paul Chéron, Arnaud
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	SAN DIEGO Elsevier Inc 01.03.2001 ACADEMIC PRESS INC Elsevier Elsevier B.V
published in:	Journal of economic theory Vol. 97; no. 1; pp. 30 - 49
Data of publication:	March 2001
ISSN:	0022-0531 1095-7235
EISSN:	1095-7235
Discipline:	Economics
Series:	Journal of Economic Theory
Subjects:	indeterminacy sunspots business cycles Economics Business & Economics Social Sciences Business cycles Labor market Economic aspects Economic research Consumption (Economics) Research indeterminacy sunspots business cycles ANIMAL SPIRITS ECONOMETRICS EXTERNALITIES STATES INCREASING RETURNS INDIVISIBLE LABOR SCALE
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Knowledge Web of Science Web of Science - Social Sciences Citation Index - 2001 RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Database information Databases - DBIS