IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

History Dependence in the Economy. A review of the Literature

Listed author(s):
  • Alejandro Gaviria

    ()

This paper presents a review on the concept of history dependence and time irreversibility in the economic literature. It presents an inventory of artificial examples where random events affect final outcomes and history cannot be reduced to the deliverer of the inevitable. It focuses mainly on recent examples and applications that, although not necessarily better than their predecessors, allow a better understanding of the mechanisms whereby history leaves its imprint. The paper reviews deterministic and stochastic models, presents some empirical illustrations and draws a few general conclusions.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://revistas.urosario.edu.co/index.php/economia/article/view/998/897
Download Restriction: no

Article provided by UNIVERSIDAD DEL ROSARIO in its journal REVISTA DE ECONOMÍA DEL ROSARIO.

Volume (Year): (2001)
Issue (Month): (June)
Pages:

as
in new window

Handle: RePEc:col:000151:004250
Contact details of provider:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:col:000151:004250. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Facultad de Economía)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.