A model with heterogeneous supply

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Chapter 9 in Aggregate Demand, Inequality and Instability, 2016, pp 93-102 from Edward Elgar Publishing

Abstract: This chapter discusses housing bubbles in a two-sector model that contrasts the productive sector with the housing sector. It shows how the wealth effect can impact on the overall dynamics of the system.

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