The paper examins how a macro model, where there is an endogenous technical progress and strong interdependence between real monetary aspects in both the labor and capital markets, can generate endogenous business cycles.
The Labor Market and Technical Change in Endogenous Cycles
FERRI, Pietro Enrico
2007-01-01
Abstract
The paper examins how a macro model, where there is an endogenous technical progress and strong interdependence between real monetary aspects in both the labor and capital markets, can generate endogenous business cycles.File allegato/i alla scheda:
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