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Qualitative solvability in economic models

โœ Scribed by P. Fontaine; M. Garbely; M. Gilli


Publisher
Springer US
Year
1991
Tongue
English
Weight
763 KB
Volume
4
Category
Article
ISSN
1572-9974

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In this paper we investigate the relationship between the time delay for building investment goods and cycles under the conditions of general equilibrium. We introduce a delay parameter in the spirit of Kalecki into the simplest class of models of growth theory. They encompass a wide range of models