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The Standard Case and the Simple Profile

John Hicks

in Capital and Time: A Neo-Austrian Theory

Published in print:
1987
Published Online:
November 2003
ISBN:
9780198772866
eISBN:
9780191596414
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198772866.003.0007
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines an economy which is in a steady state, and traces out the path which will be followed when the steady state is subjected to some kind of disturbance. This problem is considered ... More


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