Investment constrained endogenous business cycles in a two-dimensional OLG model
This paper analyses the basic features of technical and distributional changes in the US since the Civil War as the expression of the gradual emergence of a new paradigm, corresponding to a Managerial Revolution, and its replacement of the earlier organization inherited from the Industrial Revolution.
Year of publication: |
1995
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Authors: | Vilder, Robin G. De ; Hommes, Cars |
Institutions: | Centre pour la Recherche Économique et ses Applications (CEPREMAP) |
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