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The Evolution of Endogenous Business Cycles

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NBER2012-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18284
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This paper distinguishes two kinds of Endogenous Business Cycle models; EBC1 models, which display dynamic indeterminacy, and EBC2 models, which display steady-state indeterminacy. Both strands of the literature have their origins in the sunspot literature that developed at the University of
创建时间:
2012-08-01
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