Indivisible labor implies chaos
We study a simple infinite horizon model with indivisible labor. We characterize the optimal plans under the assumptions that $\beta R = 1$ and that $1/2 \leq \beta
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Volume (Year): 15 (2000)
Issue (Month): 3 ()
|Note:||Received: May 25, 1999; revised version: June 24, 1999|
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