Chapter 18. Endogenous Business Cycles, Cyclical Unemployment, and Endogenous Long-Run Growth

  1. Xiaokai Yang

Published Online: 14 JAN 2008

DOI: 10.1002/9780470752036.ch18

Economic Development and the Division of Labor

Economic Development and the Division of Labor

How to Cite

Yang, X. (ed) (2003) Endogenous Business Cycles, Cyclical Unemployment, and Endogenous Long-Run Growth, in Economic Development and the Division of Labor, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470752036.ch18

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2003

ISBN Information

Print ISBN: 9780631220039

Online ISBN: 9780470752036

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Keywords:

  • values;
  • occupation;
  • comparative statics;
  • transportation;
  • unemployment

Summary

This chapter contains section titled:

  • RETHINKING MACROECONOMIC PHENOMENA IN ECONOMIC DEVELOPMENT

  • LONG-RUN REGULAR EFFICIENT BUSINESS CYCLES, CYCLICAL UNEMPLOYMENT, LONG-RUN ECONOMIC GROWTH, AND DIVISION OF LABOR IN PRODUCING DURABLE GOODS

  • A SMITHIAN DYNAMIC EQUILIBRIUM MODEL OF BUSINESS CYCLES, UNEMPLOYMENT, AND ECONOMIC DEVELOPMENT

  • CYCLICAL AND NONCYCLICAL CORNER EQUILIBRIA

  • GENERAL PRICE LEVEL, BUSINESS CYCLES, AND THE UNEMPLOYMENT RATE

  • THE EMERGENCE OF FIRMS AND FIAT MONEY FROM THE DIVISION OF LABOR