Title of article :
Do complementary factors lead to economic fluctuations?
Author/Authors :
Ralf، Kirsten نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2001
Abstract :
In a two-sector overlapping generations model with fixed coefficients the steady state may be indeterminate, if production in the consumption goods sector is more capital intensive than in the investment goods sector. Fluctuations are the consequence of capital-labour substitutions between the two sectors caused by changes in relative input prices.
Keywords :
Strategic market game , Buy and sell , Buy or Sell
Journal title :
Economics Letters
Journal title :
Economics Letters