Continua of underemployment equilibria reflecting coordination failures, also at Walrasian prices

Author:

Citanna Alessandro,Crès Hervé,Drèze Jacques,Herings P.Jean-Jacques,Villanacci Antonio

Publisher

Elsevier BV

Subject

Applied Mathematics,Economics and Econometrics

Reference30 articles.

1. Bellman, R.E., 1970. Introduction to Matrix Analysis. McGraw-Hill, New York.

2. A simple rational expectations Keynes-type model;Bryant;Quarterly Journal of Economics,1983

3. Citanna, A., Crès, H., Villanacci, A., 1995. Underemployment of resources and self-confirming beliefs. CARESS Working Paper #95-20. University of Pennsylvania. Revised version GSIA Working Paper #1997-E11, May 1997, Carnegie Mellon University, Pittsburgh, PA.

4. Cooper, R.W., 1999. Coordination Games: Complementarities and Macroeconomics. Cambridge University Press, Cambridge.

5. Coordinating coordination failures in Keynesian models;Cooper;Quarterly Journal of Economics,1988

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