Persistent disequilibrium dynamics and economic policy

DOI10.1007/978-3-642-04023-8_13zbMATH Open1189.37109OpenAlexW1533562765MaRDI QIDQ3569484FDOQ3569484

Luca Colombo, Gerd Weinrich

Publication date: 21 June 2010

Published in: Nonlinear Dynamics in Economics, Finance and Social Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/978-3-642-04023-8_13

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Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Microeconomic theory (price theory and economic markets) (91B24)

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• AS-AD disequilibrium dynamics and economic growth
• Taking Marshallian long-period equilibrium seriously
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• Reallocation shocks, persistence and nominal rigidities

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