Mobility Constraints, Productivity Trends, and Extended Crises

Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald, Alberto Russo, Joseph E. Stiglitz

Research output: Contribution to journalArticlepeer-review

34 Citations (Scopus)

Abstract

In this paper we study the generation of "long slumps" due to structual adjustments among industries with different speeds of technical progress.
Original languageEnglish
Pages (from-to)375-393
Number of pages19
JournalJOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
Volume2012
Publication statusPublished - 2012

Keywords

  • Mobility Constraints
  • long slumps

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