Journal articles
Recycling and endogenous cycles
Abstract : 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.
Keywords :
Endogenous fluctuations
Recycling activity
Cited literature [13 references]
https://hal-insu.archives-ouvertes.fr/insu-00925701
Contributor : Nathalie Pothier <>
Submitted on : Wednesday, January 8, 2014 - 2:30:55 PM
Last modification on : Thursday, July 1, 2021 - 5:32:49 PM
Long-term archiving on: : Tuesday, April 8, 2014 - 11:10:28 PM
Contributor : Nathalie Pothier <>
Submitted on : Wednesday, January 8, 2014 - 2:30:55 PM
Last modification on : Thursday, July 1, 2021 - 5:32:49 PM
Long-term archiving on: : Tuesday, April 8, 2014 - 11:10:28 PM
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p2012.2_2_12y6.pdf
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