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Liquidity Constraints in Production Based Asset Pricing Models

William A. Brock and Blake LeBaron

Chapter 6 in Growth Theory, Nonlinear Dynamics and Economic Modelling, 2001, pp 141-165 from Edward Elgar Publishing

Abstract: This outstanding collection of William Brock’s essays illustrates the power of dynamic modelling to shed light on the forces for stability and instability in economic systems. The articles selected reflect his best work and are indicative both of the type of policy problem that he finds challenging and the complex methodology that he uses to solve them. Also included is an introduction by Brock to his own work, which helps tie together the main aspects of his research to date.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2001
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