Esta online agora o meu novo artigo sobre o ciclo de negócios e crescimento econômico
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2394835
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2394835
Bridging the Gap between the Short and the Long Run in Macroeconomics. Outline of the Gsms-Ss...
papers.ssrn.com
The GSMS-SS model is a synthesis between the Solow-Swan (SS) growth model and the goods side/money side (GSMS) model.
The
GSMS-SS model shows why credit-driven economic expansions are unsustainable and
how such booms revert into busts.
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