Kinky Perceived Demand Curves and Keynes-Negishi Equilibria
نویسندگان
چکیده
منابع مشابه
Kinky Perceived Demand Curves and Keynes-Negishi Equilibria∗
The label “Keynes-Negishi equilibria” is attached here to equilibria in a monetary economy with imperfectly competitive product and labor markets where business firms and labor unions hold demand perceptions with kinks as posited in Negishi’s 1979 book Microeconomic Foundations of Keynesian Macroeconomics. Such equilibria are defined in a general equilibrium model, and shown to exist. Methodolo...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2007
ISSN: 1556-5068
DOI: 10.2139/ssrn.1027921