Construct · 1 fields · 1 citations

reswitching of techniques: a standalone construct

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Macroeconomics

possibility that a technique profitable at a low interest rate is displaced at intermediate rates and becomes profitable again at high rates.

In macroeconomics, reswitching of techniques refers to possibility that a technique profitable at a low interest rate is displaced at intermediate rates and becomes profitable again at high rates. This meaning comes from Samuelson (1966) in The Quarterly Journal of Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

interest4 fields · 5 citationsjingle · one word, four constructs possibility3 fields · 3 citationsjingle · one word, three constructs

References

Samuelson, P. A. (1966). A Summing Up. The Quarterly Journal of Economics, 80(4), 568. https://doi.org/10.2307/1882916

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