How to build an economy free of recession and stagnation: results from a multi-commodity macro model
Aggregate macro models used in existing studies have insufficient details to shed any light on the market saturation phenomenon and thus have failed to uncover the fundamental cause of economic recessions. A multi-commodity macroeconomic model is constructed reflecting three simple but revolutionary...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2018-06-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1331.pdf
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