Multiple steady states, indeterminacy, and cycles in a basic model of endogenous growth
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Publication:1923976
DOI10.1007/BF01237247zbMath0855.90019OpenAlexW2075010718MaRDI QIDQ1923976
Publication date: 13 October 1996
Published in: Journal of Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/bf01237247
endogenous growthindeterminacy of equilibrialearning by doingmultiple steady statespersistent cycles
Related Items (8)
Learning by doing, endogenous discounting and economic development ⋮ Transition dynamics in an \(AK\) growth model under wage rigidity ⋮ Patent protection, capital accumulation, and economic growth ⋮ Endogenous growth and wave-like business fluctuations ⋮ Indeterminacy, sunspots, and development traps ⋮ Stability and limit cycles in competitive equilibria subject to adjustment costs and dynamic spillovers. ⋮ Global indeterminacy in an endogeneous-growth model with public capital ⋮ Addictive behavior and endogenous growth
Uses Software
Cites Work
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