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Sinn, Hans-Werner; Kemp, Murray C. - National Bureau of Economic Research (NBER) - 1990

The paper presents a general equilibrium model of a pure exchange economy with stochastic endowment in which speculation is profitable and stabilizes prices, but is useless from a welfare point of view. Reconciling the Siegel paradox with the theory of incomplete markets we show that banning...

Persistent link: https://www.econbiz.de/10005830290

A Simple Model of Privately Profitable But Socially Useless Speculation

Kemp, Murray C.; Sinn, Hans-Werner - In: The Japanese Economic Review 51 (2000) 1, pp. 84-94

Persistent link: https://www.econbiz.de/10010712807

International trade theory : a critical review

Kemp, Murray C. - 2008

Persistent link: https://www.econbiz.de/10014499524

P- and PN-matrices, Minkowski- and Metzler- matrices, and generalizations of the Stolper- Samuelson and Samuelson-Rybczynski theorems

Uekawa, Yasuo; Kemp, Murray C.; Wegge, Leon L. - In: Journal of International Economics 3 (1973) 1, pp. 53-76

Persistent link: https://www.econbiz.de/10005527201

On the flatness of the transformation surface

Kemp, Murray C.; Khang, Chulsoon; Uekawa, Yasuo - In: Journal of International Economics 8 (1978) 4, pp. 537-542

Persistent link: https://www.econbiz.de/10005527255

Studies in international economics. Monash conference papers : I.A. McDougall and R.H. Snape, eds., (Amsterdam, North-Holland Publishing Company, 1970, 270 pp.)

Kemp, Murray C. - In: Journal of International Economics 1 (1971) 4, pp. 470-471

Persistent link: https://www.econbiz.de/10005527297

On the sharing of trade gains by resource-poor and resource-rich countries

Kemp, Murray C.; Ohyama, Michihiro - In: Journal of International Economics 8 (1978) 1, pp. 93-115

Persistent link: https://www.econbiz.de/10005527395

The gain from free trade under conditions of uncertainty

Kemp, Murray C.; Ohyama, Michihiro - In: Journal of International Economics 8 (1978) 1, pp. 139-141

Persistent link: https://www.econbiz.de/10005527434

The theorems of international trade with joint production

Chang, Winston W.; Ethier, Wilfred J.; Kemp, Murray C. - In: Journal of International Economics 10 (1980) 3, pp. 377-394

Persistent link: https://www.econbiz.de/10005527442

The world production frontier under variable returns to scale

Kemp, Murray C.; Tawada, Makoto - In: Journal of International Economics 21 (1986) 3-4, pp. 251-268

Persistent link: https://www.econbiz.de/10005531283