Bubbles, wage rigidity, and persistent slumps

DOI10.1016/J.ECONLET.2016.12.018zbMath1396.91486OpenAlexW2564536696MaRDI QIDQ1672797

Toan Phan, Andrew J. Hanson

Publication date: 11 September 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2016.12.018

zbMATH Keywords

unemploymentrational bubbleswage rigiditylong recession

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• Introduction to economic theory of bubbles
• Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach*

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