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This paper analyzes, within its feasible parameter space, the dynamics of the Uzawa-Lucas endogenous growth model. The … bifurcation is confirmed as well. We find evidence that the model could produce chaotic dynamics, but our analysis cannot confirm … solution domains. Bifurcation boundaries can separate one kind of unstable dynamics domain from another kind of unstable …
Persistent link: https://www.econbiz.de/10011260401
Cambridge University Press journal, Macroeconomic Dynamics. I have decided to focus the essay on my experiences in starting up …
Persistent link: https://www.econbiz.de/10005014952
considered to be the “shifting the rules of competition”, and “Simultaneous and sequential strategic thrusts” – i.e. factors …
Persistent link: https://www.econbiz.de/10009323490
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10009422026
expectation, the effect of stock market policies, such as financing interest rate, financing ratio, on dynamics of commodity and …
Persistent link: https://www.econbiz.de/10009644154
agents in both fields of innovative activity and is endogenously defined from the dynamics of the model. …
Persistent link: https://www.econbiz.de/10009644925
the theoretical literature on innovations in two ways. First, it permits for the simultaneous dynamics of both types of … the dynamics of product innovations in turn. …
Persistent link: https://www.econbiz.de/10009369184
Previous studies on the measurement of learning-by-doing emphasize the importance of accounting for multi-vintage effects having an impact on firms’ production costs through economies of scope. This study shows that accounting for cannibalization effects on the demand side is equally important...
Persistent link: https://www.econbiz.de/10008599124
the distinctive advantages of allowing both dynamics and saturation but without the need for expensive genuine panel data …
Persistent link: https://www.econbiz.de/10005790060
We examine the spatio-temporal dynamics of self-employment in India using geoadditive models and pseudo panel …
Persistent link: https://www.econbiz.de/10008543481