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Intermittent demand patterns are characterised by infrequent demand arrivals coupled with variable demand sizes. Such patterns prevail in many industrial applications, including IT, automotive, ...
Two issues that have become increasingly important while estimating the parameters of aggregate demand functions to study firm behavior are the endogeneity of marketing activities (typically, price) ...
Sovereign debt crises coincide with deep recessions. I propose a model of sovereign debt that rationalizes large contractions in economic activity via an aggregate-demand amplification mechanism. The ...