INDETERMINACY, BIFURCATIONS, AND UNEMPLOYMENT FLUCTUATIONS

DOI10.1017/S1365100508070211zbMath1175.91092MaRDI QIDQ3638937

Frédéric Dufourt, Leonor Modesto, Teresa Lloyd-Braga

Publication date: 28 October 2009

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

zbMATH Keywords

business cyclesbifurcationsindeterminacyunemployment

Mathematics Subject Classification ID

Economic growth models (91B62) Dynamical systems in optimization and economics (37N40)

Related Items (4)

Market distortions and local indeterminacy: a general approach ⋮ Factor substitution and taxation in a finance constrained economy ⋮ Indeterminacy in a finance constrained unionized economy ⋮ The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures

Cites Work

• Stationary sunspot equilibria in a finance constrained economy
• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Multiple steady states and endogenous fluctuations with increasing returns to scale in production
• Indeterminacy and increasing returns
• A cross-country empirical investigation of the aggregate production function specification
• Indeterminacy in a finance constrained unionized economy
• Sunspots and the business cycle in a finance constrained economy

This page was built for publication: INDETERMINACY, BIFURCATIONS, AND UNEMPLOYMENT FLUCTUATIONS