• Title of article

    Do complementary factors lead to economic fluctuations?

  • Author/Authors

    Ralf، Kirsten نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2001
  • Pages
    -96
  • From page
    97
  • To page
    0
  • 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
  • Serial Year
    2001
  • Journal title
    Economics Letters
  • Record number

    21664