Unemployment and indeterminacy

DOI10.1016/J.JET.2004.08.003zbMath1108.91057OpenAlexW3121142563MaRDI QIDQ2490134

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

IndeterminacySunspotsEfficiency wageInvoluntary unemployment

Mathematics Subject Classification ID

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

Cites Work

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

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