A model of depression

Some economists suggest that macroeconomic theory is incomplete because it has neglected to construct a model of instability. The author contends that a theory of depression must provide information on an economy's ability to resist depressions most of the time, and yet have an innate capacity...

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Bibliographic Details
Main Author: P. GRAY
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10941