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CATASTROPHE THEORY AND THE BUSINESS CYCLE

 

作者: HAL R. VARIAN,  

 

期刊: Economic Inquiry  (WILEY Available online 1979)
卷期: Volume 17, issue 1  

页码: 14-28

 

ISSN:0095-2583

 

年代: 1979

 

DOI:10.1111/j.1465-7295.1979.tb00293.x

 

出版商: Blackwell Publishing Ltd

 

数据来源: WILEY

 

摘要:

We use the approach of R. Thom's “Catastrophe Theory” to construct a generalization of Kaldor's 1940 trade cycle. The model allows for cyclic behavior which exhibits either rapid recoveries (recessions) or slow recoveries (depressio

 

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