Open AccessEconomic Crises in a Model with Capital Scarcity and Self-Reflexive Confidence
Author(s) -
Federico Morelli,
Karl Naumann-Woleske,
Michael Benzaquen,
Marco Tarzia,
JeanPhilippe Bouchaud
Publication year - 2021
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.3927107
Subject(s) - economics , scarcity , consumption (sociology) , investment (military) , unemployment , marginal propensity to consume , business cycle , consumer confidence index , monetary economics , capital (architecture) , work (physics) , macroeconomics , microeconomics , mechanical engineering , history , social science , archaeology , sociology , politics , political science , market liquidity , law , engineering
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