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Frank Schohl

Works Published inQuarterly Journal of Austrian Economics

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A Schumpeterian Heterogeneous Agent Model of the Business Cycle

Booms and BustsBusiness Cycles

07/30/2014Quarterly Journal of Austrian Economics
The spread-model provides no point of attachment for spiral reasoning because there is no representativity assumption that forces the model agents to behave in a similar way.
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qjae2_1_1.pdf

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