Title of article
Endogenous competitive business cycles with positive outside money and positive interest elasticity of savings
Author/Authors
Dazhan، نويسنده , , Huang; Madden، نويسنده , , Paul ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1996
Pages
9
From page
309
To page
317
Abstract
An overlapping generations model is studied where young agents supply labour and old agents supply entrepreneurial ability. Endogenous competitive cycles emerge if labour demand is appropriately inelastic, with positive outside money and positive interest elasticity of savings.
Keywords
Endogenous competitive business cycles
Journal title
Economics Letters
Serial Year
1996
Journal title
Economics Letters
Record number
434182
Link To Document