On the Inventory Cycle and the Instability of the Competitive Mechanism

DOI10.2307/1913777zbMath0672.90024OpenAlexW2066453738MaRDI QIDQ3826316

Guy Laroque

Publication date: 1989

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1913777

zbMATH Keywords

business cyclecompetitive equilibriuminventoriesperfect foresighttâtonnement dynamicsWicksellian cumulative process

Mathematics Subject Classification ID

Economic growth models (91B62)

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Disequilibrium dynamics with naive agents in the overlapping generations model with money

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