The number of equilibria of smooth infinite economies with separable utilities

We construct an index theorem for smooth infinite economies with separable utilities that shows that generically the number of equilbria is odd. As a corollary, this gives a new proof of existence and gives conditions that guarantee global uniqueness of equilibria.

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Year of publication:	2008-10
Authors:	Covarrubias, Enrique

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Covarrubias, Enrique (2008): The number of equilibria of smooth infinite economies with separable utilities.
Classification:	D50 - General Equilibrium and Disequilibrium. General ; D5 - General Equilibrium and Disequilibrium ; D51 - Exchange and Production Economies
Source:	BASE

Persistent link: https://www.econbiz.de/10015262357