• Title of article

    Stability properties of a growth model

  • Author/Authors

    Alessandra Pelloni، نويسنده , , Robert Waldmann، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1998
  • Pages
    6
  • From page
    55
  • To page
    60
  • Abstract
    In existing one sector endogenous growth models a condition for indeterminacy is that labour demand is upward-sloping. In this paper we present conditions for indeterminacy given decreasing returns to labour.
  • Keywords
    Growth , Indeterminacy , Elasticity , Labor demand , Sunspots
  • Journal title
    Economics Letters
  • Serial Year
    1998
  • Journal title
    Economics Letters
  • Record number

    434643