Instability in a regime-switching model

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Chapter 12 in Aggregate Demand, Inequality and Instability, 2016, pp 129-136 from Edward Elgar Publishing

Abstract: This chapter applies a regime-switching device in order to study the impact of inequality on instability. It reinforces the results obtained in the previous chapter and it can mimic important stylized facts.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2016
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