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Emergent inequality and business cycles in a simple behavioral macroeconomic model
Standard macroeconomic models assume that households are rational in the sense that they are perfect utility maximizers and explain economic dynamics in terms of shocks that drive the economy away from the steady state. Here we build on a standard macroeconomic model in which a single rational repre...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
National Academy of Sciences
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8271739/ https://www.ncbi.nlm.nih.gov/pubmed/34215696 http://dx.doi.org/10.1073/pnas.2025721118 |