Static Models of the Edgeworth Cycle
Nicolas De Roos
University of Sydney
June 14, 2012
We provide a reduced form model that encompasses a range of static explanations for the Edgeworth cycle. The model distills two common features that lie behind a range of intuitive explanations for Edgeworth cycles: discontinuity in demand and a positive residual demand.
Number of Pages in PDF File: 3
Keywords: Edgeworth cycles
JEL Classification: L13working papers series
Date posted: June 15, 2012
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