Business cycles with free entry ruled by animal spirits

DOI10.1016/J.JEDC.2007.06.018MaRDI QIDQ2654412zbMATH OpenOpenAlexWikidataFDO

Authors Rodolphe Dos Santos Ferreira, Teresa Lloyd-Braga

Publication date 19 January 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.153.4649

zbMATH Keywords

business cyclesfree entry equilibriumindeterminacysunspots

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Economic dynamics (91B55) Multisectoral models in economics (91B66)

Recommendations

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• Heterogeneous producers facing common shocks: an overlapping-generations example
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• scientific article; zbMATH DE number 3974681
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Cites work

• Animal spirits, technology shocks and the business cycle
• Cournot Equilibrium with Free Entry
• Firm dynamics and markup variations: Implications for sunspot equilibria and endogenous economic fluctuations
• Indeterminacy and endogenous fluctuations with arbitrarily small externalities
• Introduction to the symposium on growth, fluctuations, and sunspots: Confronting the data
• Non-linear endogenous fluctuations with free entry and variable markups
• Real business cycles and the animal spirits hypothesis
• Self-fulfilling prophecies
• Strategic Complementarity in Business Formation: Aggregate Fluctuations and Sunspot Equilibria
• Sunspots and the business cycle in a finance constrained economy
• The General Theory of Employment, Interest, and Money

Cited in

(8)

• Real business cycles and the animal spirits hypothesis
• Animal spirits as an engine of boom-busts and throttle of productivity growth
• Heterogeneous producers facing common shocks: an overlapping-generations example
• Macroeconomic (in)stability and endogenous market structure with productive government expenditure
• Variety matters
• Time to enter and business cycles
• Time‐varying consumption tax, productive government spending, and aggregate instability
• Optimal long-run monetary policy in a monopolistic competition model with industry clusters

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