RESWITCHING AS A CAUSE OF INSTABILITY OF INTERTEMPORAL EQUILIBRIUM
It is generally recognized that the paradoxes of capital, of which reswitching is the most striking example, are a reason to question the existence of aggregate production functions. It is here shown that they affect intertemporal general equilibrium as well as causes of instabilities. Copyright Blackwell Publishing Ltd 2005.
Year of publication: |
2005
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Authors: | Schefold, Bertram |
Published in: |
Metroeconomica. - Wiley Blackwell, ISSN 0026-1386. - Vol. 56.2005, 4, p. 438-476
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Publisher: |
Wiley Blackwell |
Saved in:
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