Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10008771313
Persistent link: https://www.econbiz.de/10001489463
Persistent link: https://www.econbiz.de/10001961374
Persistent link: https://www.econbiz.de/10001461267
Persistent link: https://www.econbiz.de/10001661286
Persistent link: https://www.econbiz.de/10003881964
Persistent link: https://www.econbiz.de/10010359143
Persistent link: https://www.econbiz.de/10014312553
We note some problems in Alesina and Angeletos (2005) and suggest a way to maintain the key insight of that paper, which is that a demand for fairness could lead to different economic systems such as those observed in France versus the US (multiple equilibria)
Persistent link: https://www.econbiz.de/10013135172
This paper formalizes the relation between comparative statics and the out-of-equilibrium explanation for how a system evolves after a change in parameters. The paper has two main results. First, an increase in an exogenous parameter sets off learning dynamics that involve larger values of the...
Persistent link: https://www.econbiz.de/10014116315