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Underemployment and capital irreversivility in a unionized overlaping generations economy. (1993). Licandro, Omar ; de la Croix, David ; Delacroix, David .
In: UC3M Working papers. Economics.
RePEc:cte:werepe:2903.

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  10. [1l] Lambert J.-P. (1988), Disequilibrium Macroeconomic Models, Cambridge University Press.
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  12. [21] \Veddepohl C. and M. Yildrim (1993), Fixed Price Equilibria in an Overlapping Generations Model with Investment, Journal of Economics, 57, 37- 68. -17Appendix The steady state is given by: z = (1 +n~l- u) ((1;:~dX1-0 _ X) (1) P Z =(1 - ,B)x1- 0(1 _ u)l+P [(1 - ,B)dl+ x-o _ 1]-1 (11) l+n Let us first consider the function z(x) given by (1). This function has two roots, one at point E of
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  13. [4] Blanchard O. and S. Fisher (1989), Lectures on Macroeconomics, MIT Press.

  14. [5] Cahuc P. (1991), The Dynamic Inefficiency of Corporatism, Working paper 91.57, University of Paris 1.
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  15. [6] Diamond P. (1965), National Debt in a Neo-classical Growth Model, American Economic Review, 55, 1126-1150.
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  16. [7] de la Croix D. (1992), Union-firm Bargaining, Investment and Equilibrium Unemployment , Research Memorandum, University of Limburg (Maastricht).

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  58. Underemployment and capital irreversivility in a unionized overlaping generations economy. (1993). Licandro, Omar ; de la Croix, David ; Delacroix, David .
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    Full description at Econpapers || Download paper

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