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- W47255364 abstract "According to the traditional view of the business cycle, large fluctuations are due to some impulses propagated throughout the entire economy (the so-called impulse-propagation approach). One of the puzzles it has to face is why large fluctuations arise without large shocks, since empirical evidence shows that there is not such a causal connection (Balke and Fomby 1994)." @default.
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- W47255364 date "2003-01-01" @default.
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- W47255364 title "Financial Fragility, Heterogeneous Agents’ Interaction, and Aggregate Dynamics" @default.
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- W47255364 doi "https://doi.org/10.1007/978-3-642-55651-7_7" @default.
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