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Boom and Bust Cycle of the Stock Market, and Economic Growth in a Vintage Capital Model

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  • Takeshi Kobayashi
  • Masaya Sakuragawa

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  • Takeshi Kobayashi & Masaya Sakuragawa, 2008. "Boom and Bust Cycle of the Stock Market, and Economic Growth in a Vintage Capital Model," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(3), pages 411-432.
  • Handle: RePEc:bla:ijethy:v:4:y:2008:i:3:p:411-432
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    7. Dufourt, Frédéric & Lloyd-Braga, Teresa & Modesto, Leonor, 2008. "Indeterminacy, Bifurcations, And Unemployment Fluctuations," Macroeconomic Dynamics, Cambridge University Press, pages 75-89.
    8. Zvi Griliches & Jacques Mairesse, 1995. "Production Functions: The Search for Identification," NBER Working Papers 5067, National Bureau of Economic Research, Inc.
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    13. Hintermaier, Thomas, 2003. "On the minimum degree of returns to scale in sunspot models of the business cycle," Journal of Economic Theory, Elsevier, pages 400-409.
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    16. Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, pages 433-444.
    17. Benhabib Jess & Farmer Roger E. A., 1994. "Indeterminacy and Increasing Returns," Journal of Economic Theory, Elsevier, pages 19-41.
    18. Grandmont, Jean-michel, 1989. "Keynesian issues and economic theory," CEPREMAP Working Papers (Couverture Orange) 8907, CEPREMAP.
    19. Nakajima, Tomoyuki, 2006. "Unemployment and indeterminacy," Journal of Economic Theory, Elsevier, pages 314-327.
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