Please use this identifier to cite or link to this item: http://hdl.handle.net/2381/37756
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dc.contributor.authorVarvarigos, Dimitrios-
dc.contributor.authorGil-Molto, Maria José-
dc.date.accessioned2016-06-14T14:04:50Z-
dc.date.available2016-06-14T14:04:50Z-
dc.date.issued2016-01-01-
dc.identifier.citationMacroeconomic Dynamics, 2016, 20 (1), pp. 70-94en
dc.identifier.issn1365-1005-
dc.identifier.urihttp://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=10090698&fileId=S1365100514000157en
dc.identifier.urihttp://hdl.handle.net/2381/37756-
dc.description.abstractWe model an industry that supplies intermediate goods in a growing economy. Agents can choose whether to provide labor or to become firm owners and compete in the industry. The idea that entry is determined through occupational choice has major implications for the economy's dynamics. Particularly, the results show that economic dynamics are governed by endogenous volatility in the determination of both the number of industry entrants and in the growth rate of output. Consequently, we argue that occupational choice and the structural characteristics of the endogenous market structure can act as both the impulse source and the propagation mechanism of economic fluctuations.en
dc.language.isoenen
dc.publisherCambridge University Press (CUP)en
dc.rightsCopyright © Cambridge University Press 2014 . Deposited with reference to the publisher’s archiving policy available on the SHERPA/RoMEO website.en
dc.subjectSocial Sciencesen
dc.subjectEconomicsen
dc.subjectBusiness & Economicsen
dc.subjectOverlapping Generationsen
dc.subjectEndogenous Cyclesen
dc.subjectMarket Entryen
dc.subjectIndustry Dynamicsen
dc.subjectBUSINESS CYCLESen
dc.subjectEQUILIBRIUM CYCLESen
dc.subjectENTRYen
dc.subjectFLUCTUATIONSen
dc.subjectCOMPETITIONen
dc.titleEndogenous Market Structure, Occupational Choice, and Growth Cyclesen
dc.typeJournal Articleen
dc.identifier.doi10.1017/S1365100514000157-
dc.identifier.eissn1469-8056-
dc.description.statusPeer-revieweden
dc.description.versionPost-printen
dc.type.subtypeArticle;Journal-
pubs.organisational-group/Organisationen
pubs.organisational-group/Organisation/COLLEGE OF SOCIAL SCIENCES, ARTS AND HUMANITIESen
pubs.organisational-group/Organisation/COLLEGE OF SOCIAL SCIENCES, ARTS AND HUMANITIES/Department of Economicsen
Appears in Collections:Published Articles, Dept. of Economics

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