Investment constrained endogenous business cycles in a two-dimensional OLG model

Robin G. De Vilder and Cars Hommes

CEPREMAP Working Papers (Couverture Orange) from CEPREMAP

Abstract: This paper analyses the basic features of technical and distributional changes in the US since the Civil War as the expression of the gradual emergence of a new paradigm, corresponding to a Managerial Revolution, and its replacement of the earlier organization inherited from the Industrial Revolution.

Pages: 23 pages
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:cpm:cepmap:9503

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