Disequilibrium growth theory

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Disequilibrium growth theory with insider–outsider effects

Ito has applied the non-Walrasian regime switching methodology to the Solovian neoclassical growth model and discussed the occurrence of regimes of full employment, overemployment and underemployment and the different dynamical systems (to be patched up) these regimes give rise to. We shall show in this paper that nothing of this sort really characterizes Solovian growth with non market-clearin...

متن کامل

Applying Disequilibrium Growth Theory: Debt E ects and Debt De ation

In this paper we consider two polar dynamical models in which rms use debt (loans) to nance their investment expenditure, a three-dimensional supply driven one and a sophisticated 20D Keynesian growth model. In the rst type of model debt accumulation of rms interacts with income distribution and resulting capital stock and employment growth patterns. In the second high dimensional model we have...

متن کامل

How population growth affects linkage disequilibrium.

The "LD curve" relates the linkage disequilibrium (LD) between pairs of nucleotide sites to the distance that separates them along the chromosome. The shape of this curve reflects natural selection, admixture between populations, and the history of population size. This article derives new results about the last of these effects. When a population expands in size, the LD curve grows steeper, an...

متن کامل

Information Theory, Predictability and Disequilibrium. Lecture 11: An information theoretic approach to statistical disequilibrium 1 Introduction

In the last two lectures we have seen that the relative entropy between a prediction density and an equilibrium density is a natural measure of the predictability of a statistical system. Furthermore in Lecture 5 we have seen that in a continuous Markov random process governed by the Fokker Planck equation (FPE), the relative entropy between an arbitrary density and the equilibrium density decl...

متن کامل

AgAinst MonetAry DisequilibriuM theory AnD FrActionAl reserve Free bAnking

The theory of monetary disequilibrium, as espoused by Selgin (1988), White (1989), Horwitz (2000), and others, has been used to justify the issuance of fiduciary media under a system of fractional reserve “free” banking. The present paper examines this monetary disequilibrium theory and concludes that it contains numerous errors and logical fallacies. The foundational economic argument in favor...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Journal of Economic Theory

سال: 1980

ISSN: 0022-0531

DOI: 10.1016/0022-0531(80)90019-8