Non-linear endogenous fluctuations with free entry and variable markups

DOI10.1016/J.JEDC.2004.04.003zbMATH Open1202.91185OpenAlexW2067840568WikidataQ60720809 ScholiaQ60720809MaRDI QIDQ953777FDOQ953777

Authors Rodolphe Dos Santos Ferreira, Teresa Lloyd-Braga 

Publication date 6 November 2008

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

Full work available at URL https://doi.org/10.1016/j.jedc.2004.04.003

zbMATH Keywords

Hopf bifurcationsmultiple equilibriaindeterminacymarkup variability

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Economic dynamics (91B55)

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Cites Work

• scientific article; zbMATH DE number 47028 (Why is no real title available?)
• scientific article; zbMATH DE number 1154011 (Why is no real title available?)
• Animal spirits, technology shocks and the business cycle
• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Endogeneous fluctuations in an open economy with increasing returns to scale
• Endogenous fluctuations in unionized economies with productive externalities
• Equilibrium cycles in an overlapping generations economy with production
• Indeterminacy and endogenous fluctuations with arbitrarily small externalities
• Monopolistic competition, business cycles, and the composition of aggregate demand
• Multiple steady states and endogenous fluctuations with increasing returns to scale in production

Cited In (7)

• Imperfect competition in the banking sector and economic instability
• Endogenous markup, per capita income and population size in the gravity equation
• Market distortions and local indeterminacy: a general approach
• Non-smooth dynamics and multiple equilibria in a Cournot-Ramsey model with endogenous markups
• TASTE FOR VARIETY AND ENDOGENOUS FLUCTUATIONS IN A MONOPOLISTIC COMPETITION MODEL
• Firm dynamics and markup variations: Implications for sunspot equilibria and endogenous economic fluctuations
• Business cycles with free entry ruled by animal spirits

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