Long-run effective demand and residential investment: a Sraffian ...

The agglomeration equilibrium yields a larger consumer surplus in the short-run, but may yield a smaller consumer surplus in the long-run ...







The risky steady state and the interest rate lower bound
An open market operation causes the home currency to appreciate immediately to its new long-run equilibrium value and has no effect on the trade surplus of the ...
The Mundell-Fleming Model - A Quarter Century Later - IMF eLibrary
More specifically, it attempts to answer the following questions: (1) is there is a long-run equilibrium relation between TD and economic growth in Aruba?; and ...
TD Economics - TD Bank
factors that determine the long-run ?equilibrium? value of the currency, and the associated short-run movements away from that equilibrium value. The five ...
Multiple Long-Run Equilibria in a Spatial Cournot Model and ...
More specifically, it attempts to answer the following questions: (1) is there is a long-run equilibrium relation between TD and economic growth in Aruba?; and ...
THE SPECIFICATION ARD INFLUENCE
'This equilibrium is not Pareto optimal, but it is the outcome of a well-behaved positive model and is capable of explaining historical growth ...
Modelling Tourism Development and Long-run Economic Growth in ...
By varying the capital endowment we change the transformation curve, thus getting a different long-run equilibrium. Our task is to find all these points and ...
Increasing Returns and Long-Run Growth Paul M. Romer The ...
long-run equilibrium position from A to C. At the new long-run equilibrium the capital stock and traded sector employment will be lower to make the non ...
Necessity of Rational Asset Price Bubbles in Two-Sector Growth ...
All points on it which lie inside the locus imply growth, that is, investment exceeding the steady-state requirement, while all points lying outside it imply.
Contractionary effects of stabilization and long run growth
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