Unemployment and indeterminacy

DOI10.1016/J.JET.2004.08.003MaRDI QIDQ2490134zbMATH OpenOpenAlexFDO

Authors Tomoyuki Nakajima

Publication date 28 April 2006

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

Full work available at URL http://hdl.handle.net/10419/80193

zbMATH Keywords

Efficiency wageIndeterminacyInvoluntary unemploymentSunspots

Mathematics Subject Classification ID

General equilibrium theory (91B50) Economic growth models (91B62)

Recommendations

• INDETERMINACY, BIFURCATIONS, AND UNEMPLOYMENT FLUCTUATIONS
• Indeterminacy in a finance constrained unionized economy
• Indeterminacy in dynamic models: when Diamond meets Ramsey
• Indeterminacy in Discrete-Time Infinite-Horizon Models
• Indeterminacy in a small open economy with endogenous labor supply

Cites work

• Capacity utilization under increasing returns to scale
• Indeterminacy and increasing returns
• Indeterminacy and sunspots with constant returns
• Indeterminacy with non-separable utility
• On the minimum degree of returns to scale in sunspot models of the business cycle.
• Real business cycles and the animal spirits hypothesis
• Sunspots and the business cycle in a finance constrained economy

Cited in

(5)

• Skill mismatch and unemployment
• Work norms and unemployment
• Indeterminacy in a finance constrained unionized economy
• A paper on unhappiness and unemployment in Germany
• Hidden unemployment

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