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Download fileRelative growth rates of all 30 simulated model economy under both PE scenarios.
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posted on 2022-01-26, 18:25 authored by Shubo (Gabriel) Xu, Charles S. PeskinRelative growth rates of all 30 simulated model economy under both PE scenarios.
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xlink "> basedpositive excess demandsenforced market clearingexcess supply cannotsecond scenario representsgreater economic diversityhigher growth ratetime dynamical modelmodel economy experiencesexcess supplyeconomic diversitybalanced growthmodel economymodel economiesenforced recyclingtwo scenariosthereby constructrespective evolutionsrepeated trialsrate requiresqualitative resultsprices allowedmatched pairseconomy characterizedcapital equipment