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Persistent link: https://www.econbiz.de/10011935205
This paper suggests that there are two longstanding views on business cycles and economic dynamics: One emphasizes endogenous stability plus exogenous disturbances, while the other focuses on endogenous instability plus institutional 'containing' or "thwarting" mechanisms. The latter tradition...
Persistent link: https://www.econbiz.de/10011935140