A Caricature (Model) of the World Economy
This paper provides a stylized model of the workings of a global economy where one of its key driving factors is economic agents’ continuous struggle to find assets in which to park financial resources. This struggle naturally comes with euphoria and disappointments, as many of the "parking lot...
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Formato: | Working Paper |
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Cambridge, MA: Department of Economics, Massachusetts Institute of Technology
2012
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Acesso em linha: | http://hdl.handle.net/1721.1/71549 |