Épargne de précaution et chômage: une évaluation quantitativede l'auto-assurance

Endogenous cycles cannot emerge in one-sector monetary overlapping generations models when there is intertemporal substitutability, even if returns to scale are increasing. In this article, we show that the conclusions are different when there are two sectors. Considering a two-sector monetary overl...

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Bibliographic details
Main Author: Algan, Yann
Langot, Francois
Cheron, Arnaud
Hairault, Jean-Olivier
Format: Journal Article
Language: English
Place of publication: ENSAE 2004
published in: Annales d'Economie et de Statistique no. 74; pp. 105 - 130
Data of publication: 2004
Series: Annales d'Economie et de Statistique
Online Access: available in Bonn?
Database: RePEc
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