Market distortions and local indeterminacy: a general approach

DOI10.1016/J.JET.2013.12.004zbMath1296.91202OpenAlexW3123325519MaRDI QIDQ402077

Thomas Seegmuller, Leonor Modesto, Teresa Lloyd-Braga

Publication date: 27 August 2014

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2013.12.004

zbMATH Keywords

indeterminacyimperfect competitionendogenous fluctuationstaxationexternalitiesmarket distortions

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (3)

Fiscal policy, debt constraint and expectations-driven volatility ⋮ The destabilizing effects of the \textit{social norm to work} under a social security system ⋮ Comparing recursive equilibrium in economies with dynamic complementarities and indeterminacy

Cites Work

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• TASTE FOR VARIETY AND ENDOGENOUS FLUCTUATIONS IN A MONOPOLISTIC COMPETITION MODEL
• INDETERMINACY, BIFURCATIONS, AND UNEMPLOYMENT FLUCTUATIONS
• Business Cycle Accounting
• Sunspots and the business cycle in a finance constrained economy

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