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, and where industry structure (number of varieties and allocation of capital stock across industries) is fixed. We … Industrie in der EU übertrug sich auf die damit verbundenen Branchen in Österreich. Die österreichische Wirtschaft konnte eine … Industrie einen weniger negativen Einfluss auf die österreichische Wirtschaft ausgeübt zu haben. …
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This article examines, in the light of recent events, the origins of the difficulties that current macroeconomic models have in encompassing the sort of sudden crisis which we are currently observing. The reasons for this are partly due to fundamental problems with the underlying General...
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