Growth and Fluctuations in Demand-Constrained Economies: A Medium-Run Macrodynamic Analysis

Hideyuki Adachi and Tamotsu Nakamura

Chapter 1 in Studies in Medium-Run Macroeconomics:Growth, Fluctuations, Unemployment, Inequality and Policies, 2015, pp 3-35 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionProduction Function with Capacity Utilization FunctionBehavior of FirmsGoods MarketLabor MarketMedium-Run DynamicsEndogenous Expectations and Long-Run EquilibriumConclusionAppendicesReferences

Keywords: Medium-Run; Growth; Unemployment; Inequality (search for similar items in EconPapers)
Date: 2015
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