Recent experience with interest rates hitting the effective lower bound and agents facing binding borrowing constraints has emphasised the importance of understanding the behaviour of an economy in which some variables may be restricted at times. The extended path algorithm is a commonly used...

In dem Beitrag erfolgt eine Analyse der Erreichbarkeit von Arbeitsplätzen in Schleswig-Holstein anhand verschiedener Messkonzepte. Die Untersuchung basiert auf einer Diplomarbeit, die am Institut für Regionalforschung der Christian-Albrechts-Universität zu Kiel entstanden ist. Die für die...

This note considers a linear programming formulation of the problem of the firm. A neoclassical non-increasing labour demand function is derived from the solution of the linear program. Only a set of measure zero on this function, one or two points in the examples examined, provides equilibria...