Narrow search
Showing 1 - 10 of 4,920
Cover Image
Expectational stability of sunspot equilibria in non-convex economies
McGough, Bruce; Meng, Qinglai; Xue, Jianpo - In: Journal of economic dynamics & control 37 (2013) 6, pp. 1126-1141
Persistent link: https://www.econbiz.de/10009740450
Cover Image
Instability of sunspot equilibria in real business cycle models under infinite horizon learning
Ji, Yangyang; Xiao, Wei - In: Macroeconomic dynamics 22 (2018) 8, pp. 1978-2006
Persistent link: https://www.econbiz.de/10012127566
Cover Image
Trend inflation, sticky prices, and expectational stability
Kurozumi, Takushi - In: Journal of economic dynamics & control 42 (2014), pp. 175-187
Persistent link: https://www.econbiz.de/10010429910
Cover Image
A generalized approach to indeterminacy in linear rational expectations models
Bianchi, Francesco; Nicolò, Giovanni - In: Quantitative economics : QE ; journal of the … 12 (2021) 3, pp. 843-868
We propose a novel approach to deal with the problem of indeterminacy in linear rational expectations models. The … number of explosive roots in presence of indeterminacy. The solution in this expanded state space, if it exists, is always … and any degree of indeterminacy, and it can be implemented even when the boundaries of the determinacy region are unknown …
Persistent link: https://www.econbiz.de/10012598516
Cover Image
Modeling labor supply through duality and the Slutsky equation
Ivanov, Ivan; Dobreva, Julia - In: International journal of economic sciences and applied … 3 (2010) 2, pp. 111-122
In the present paper an analysis of the neo-classical optimization model with linear constraints is proposed. By introducing the dual problem it is shown that the solution to the maximization problem is also a solution to the minimization problem. The purely theoretical model proposes a...
Persistent link: https://www.econbiz.de/10009010926
Cover Image
There are no desires in economics
Holler, Manfred J. - In: Homo oeconomicus 31 (2014) 4, pp. 597-616
Persistent link: https://www.econbiz.de/10011415217
Cover Image
Welfare implications and equilibrium indeterminacy in a two-sector growth model with consumption externalities
Chen, Been-lon; Hsu, Yu-Shan; Mino, Kazuo - In: Macroeconomic dynamics 19 (2015) 3, pp. 535-577
Persistent link: https://www.econbiz.de/10011308631
Cover Image
Sunspot fluctuations in two-sector models : new results with additively separable preferences
Dufourt, Frédéric; Nishimura, Kazuo; Venditti, Alain - In: International journal of economic theory 12 (2016) 1, pp. 67-83
Persistent link: https://www.econbiz.de/10011441025
Cover Image
Indeterminacy and sunspots in two-sector RBC models with generalized no-income-effect preferences
Dufourt, Frédéric; Nishimura, Kazuo; Venditti, Alain - In: Journal of economic theory 157 (2015), pp. 1056-1080
Persistent link: https://www.econbiz.de/10011525435
Cover Image
Dynamic two-country Heckscher-Ohlin model with externality
Iwasa, Kazumichi; Nishimura, Kazuo - In: International journal of economic theory 10 (2014) 1, pp. 53-74
Persistent link: https://www.econbiz.de/10010403091