Skills, sunspots and cycles

DOI10.1007/S00712-009-0067-XMaRDI QIDQ839665zbMATH OpenOpenAlexWikidataFDO

Authors Francesco Busato, Enrico Marchetti

Publication date 2 September 2009

Published in Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00712-009-0067-x

zbMATH Keywords

indeterminacy and sunspotsskills

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Special types of economic markets (including Cournot, Bertrand) (91B54)

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Cites work

• Capacity utilization under increasing returns to scale
• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Indeterminacy and increasing returns
• Indeterminacy in discrete-time infinite-horizon models with non-linear utility and endogenous labor
• Indeterminacy with almost constant returns to scale: capital-labor substitution matters
• Indeterminacy with non-separable utility
• Local determinacy with non-separable utility
• Minimum Wages and Employment
• On the minimum degree of returns to scale in sunspot models of the business cycle.
• Real business cycles and the animal spirits hypothesis

Cited in

(3)

• Sunspot cycles
• Implicit contracts and the cyclicality of the skill-premium
• Animal spirits and the composition of innovation in a lab-equipment R\&D model with transition

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