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Translations for „equilibrium path“ in the English » German Dictionary (Go to German » English)

equilibrium path N CTRL

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
In this sense, it may be interpreted as a deformation mechanism alternative to a trivial one and therefore a bifurcation or loss of uniqueness of a perfect equilibrium path.
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The neoclassical model of growth suggests that this would only serve to raise the return to capital (and investment), accelerating the movement to the original equilibrium path.
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In a capitalist economy entrepreneurs do not wait until the economy has reached a new equilibrium path but the introduction of new production techniques is an ongoing process.
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Once the leader has chosen, the follower is better off by playing on the equilibrium path.
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