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Local externalities, convex adjustment costs and sunspot equilibria

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  • Jordi Galí, 1993. "Local externalities, convex adjustment costs and sunspot equilibria," Economics Working Papers 43, Department of Economics and Business, Universitat Pompeu Fabra.
    • Handle: RePEc:upf:upfgen:43
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    References listed on IDEAS

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    1. Benhabib Jess & Farmer Roger E. A., 1994. "Indeterminacy and Increasing Returns," Journal of Economic Theory, Elsevier, vol. 63(1), pages 19-41, June.
    2. Kiminori Matsuyama, 1991. "Increasing Returns, Industrialization, and Indeterminacy of Equilibrium," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 617-650.
    3. Costas Azariadis & Roger Guesnerie, 1986. "Sunspots and Cycles," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(5), pages 725-737.
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    Cited by:

    1. Martinho, Vítor João Pereira Domingues, 2011. "A model based on the Rybczynski equation for Portugal. Another way," MPRA Paper 33735, University Library of Munich, Germany.
    2. Berthold Herrendorf & Akos Valentinyi, 2000. "Determinacy with Capital Adjustment - Costs and Sector-Specific Externalities," CERS-IE WORKING PAPERS 0008, Institute of Economics, Centre for Economic and Regional Studies.
    3. Peter R. Mueser & David Mandy & Eric Parsons, 2011. "Population Movements in the Presence of Agglomeration and Congestion Effects: Local Policy and the Social Optimum," Working Papers 1123, Department of Economics, University of Missouri.
    4. Martinho, Vítor João Pereira Domingues, 2011. "A model based on the Rybczynski equation for Portugal," MPRA Paper 33734, University Library of Munich, Germany.
    5. Rohit Rahi, 1996. "Adverse Selection and Security Design," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 63(2), pages 287-300.
    6. Vitor Joao Pereira Domingues Martinho, 2011. "Geographic Concentration in Portugal and Regional Specific Factors," Papers 1110.5558, arXiv.org.
    7. Gali, Jordi, 1995. "Expectations-driven spatial fluctuations," Regional Science and Urban Economics, Elsevier, vol. 25(1), pages 1-19, February.

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