IRIS PubliCatt
PubliCatt è il repository istituzionale ad accesso aperto dell'Università Cattolica del Sacro Cuore, dove gli utenti autorizzati afferenti all'Ateneo provvedono direttamente e autonomamente a depositare e a rendere visibili le proprie pubblicazioni, inserendo i dati descrittivi del documento stesso ("metadati", quali il titolo, autore, abstract, etc.) e, laddove possibile, il testo della pubblicazione stessa (full-text).
PubliCatt utilizza la piattaforma IRIS (Institutional Research Information System) sviluppata da CINECA.
EnglishIn some recent works on the dynamics of capitalistic competition Duménil and Lévy proposed two ways to overcome the problem of instability of long-run equilibrium in cross-dual models of gravitation: in the first one a different notion of rate of profit, the "realised" rate of profit is supposed to drive capitalists' investment decisions; in the second one the goal is pursued by introducing a direct adjustment of output in response to imbalances between demand and supply. In the present paper we argue that both these procedures rise a logical problem, concerning capitalists' behaviour and their information set, and we present a re-formulation of the model that avoids it.
Bellino, E., Convergence to Long-Run Equilibrium - On some Recent Variations of the Pure Cross-Dual Model, <<STRUCTURAL CHANGE AND ECONOMIC DYNAMICS>>, 1999; 10 (10): 225-237 [http://hdl.handle.net/10807/60677]
| Autori: | |
| Titolo: | Convergence to Long-Run Equilibrium - On some Recent Variations of the Pure Cross-Dual Model |
| Data di pubblicazione: | 1999 |
| Abstract: | In some recent works on the dynamics of capitalistic competition Duménil and Lévy proposed two ways to overcome the problem of instability of long-run equilibrium in cross-dual models of gravitation: in the first one a different notion of rate of profit, the "realised" rate of profit is supposed to drive capitalists' investment decisions; in the second one the goal is pursued by introducing a direct adjustment of output in response to imbalances between demand and supply. In the present paper we argue that both these procedures rise a logical problem, concerning capitalists' behaviour and their information set, and we present a re-formulation of the model that avoids it. |
| Lingua: | Inglese |
| Rivista: | |
| Citazione: | Bellino, E., Convergence to Long-Run Equilibrium - On some Recent Variations of the Pure Cross-Dual Model, <<STRUCTURAL CHANGE AND ECONOMIC DYNAMICS>>, 1999; 10 (10): 225-237 [http://hdl.handle.net/10807/60677] |
| Appare nelle tipologie: | Articolo in rivista, Nota a sentenza |
File in questo prodotto:
Copyright © 2020