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:
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Knowledge
Web of Science
Web of Science - Social Sciences Citation Index - 2001
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