Partial equilibrium of consumers in an aggregative model.

We consider an aggregative consumption economy, where there are a market for commodities and four financial markets : for bonds, deposits, credits and a speculative asset. The decision analytic ideas of decentralization and price aggregation are applied to discuss the existence of equilibrium.

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Year of publication:	2004-07
Authors:	Guttiérrez, José Manuel
Institutions:	Maison des Sciences Économiques, Université Paris 1 (Panthéon-Sorbonne)
Subject:	Partial equilibrium \| decentralization \| price aggregation \| consumption economy \| aggregative models

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Extent:	application/pdf
Series:	Cahiers de la Maison des Sciences Economiques. - ISSN 1624-0340.
Type of publication:	Book / Working Paper
Language:	English
Notes:	11 pages
Classification:	C60 - Mathematical Methods and Programming. General ; E10 - General Aggregative Models. General ; E21 - Consumption; Saving
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005797793