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文章基本信息

  • 标题:Recycling and Endogenous Cycles
  • 本地全文:下载
  • 作者:Mouez Fodha ; Francesco Magris
  • 期刊名称:Economic Research Guardian
  • 印刷版ISSN:2247-8531
  • 出版年度:2012
  • 卷号:2
  • 期号:2
  • 页码:241-250
  • 出版社:Weissberg Publishing
  • 摘要:This article investigates the conditions under which deterministic cycles can emerge in a discrete-time model with infinitely lived agents and when the economy is characterized by two sectors producing two perfectly substitutable goods: a virgin good and a recycled one. The occurrence of deterministic fluctuations rests upon the countercyclical behavior of the recycling industry: an increase in present consumption implies a lower future waste activity together with a lower agents' total income, yielding a decline in next period consumption.
  • 关键词:Endogenous fluctuations; Recycling activity
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