Article ID Journal Published Year Pages File Type
965603 Journal of Macroeconomics 2006 16 Pages PDF
Abstract
A non-linear disequilibrium macrodynamic model of fluctuations in the labour and product markets, mediated by variations in factor shares, is developed and the existence of a periodic orbit is proved using the Hopf bifurcation theorem.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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