Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10005826755
Persistent link: https://www.econbiz.de/10005826877
We show that indeterminacy can easily arise in multi-sector models that have constant variable returns to scale and very small market imperfections. This is in sharp contrast to models that require increasing returns to generate indeterminacy, and which have been criticized on the basis of...
Persistent link: https://www.econbiz.de/10005826880
Persistent link: https://www.econbiz.de/10005826906
Persistent link: https://www.econbiz.de/10005350965
Persistent link: https://www.econbiz.de/10005350990
Persistent link: https://www.econbiz.de/10005605699
Persistent link: https://www.econbiz.de/10005264459
Persistent link: https://www.econbiz.de/10005264494