Aggregate fluctuations from independent sectoral shocks: self-organized criticality in a model of production and inventory dynamics
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Publication:4306536
DOI10.1016/0035-5054(93)90023-VzbMath0808.90032WikidataQ104894275 ScholiaQ104894275MaRDI QIDQ4306536
Kan Chen, Michael Woodford, José Alexandre Scheinkman, Per Bak
Publication date: 19 September 1994
Published in: Ricerche Economiche (Search for Journal in Brave)
stable laws; self-organization; local interaction; critical state; sectoral shocks; small independent shocks
91B62: Economic growth models
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