Browsing FGV EPGE - Seminários de Pesquisa Econômica by Title "Endogenous cycles in a Stiglitz-Weiss economy"

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    • Endogenous cycles in a Stiglitz-Weiss economy 

      Sussman, Oren
      1996-10-02
      The literature on financiaI imperfections and business cycles has focused on propagation mechanisms. In this pape r we model apure reversion mechanism, such that the economy may converge to a two period equilibrium cycle. ...