Increasing returns and unsynchronized wage adjustment in sunspot models of the business cycle
Year of publication: |
2012
|
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Authors: | Huang, Kevin X. D. ; Meng, Qinglai |
Published in: |
Journal of economic theory. - Amsterdam : Elsevier, ISSN 0022-0531, ZDB-ID 410539-4. - Vol. 147.2012, 1, p. 284-309
|
Subject: | Lohnbildung | Wage setting | Sunspots | Konjunkturtheorie | Business cycle theory | Skalenertrag | Returns to scale | Risikoaversion | Risk aversion | Arbeitsmarkt | Labour market | Unvollkommener Markt | Incomplete market | Theorie | Theory |
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