How Do Strategic Complementarity and Substitutability Shape Equilibrium Dynamics?
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Macroeconomic dynamics are shaped by how individual incentives to spend and accumulate interact with the decisions of others. The goal of this paper is to identifywithin a simple large-game-theoretic structurewhich types of agent interactions favor which types of dynamic equilibrium outcomes. In
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美国国家经济研究局创建时间：
2024-07-01
