Showing 1 - 10 of 228
Persistent link: https://www.econbiz.de/10001136013
Persistent link: https://www.econbiz.de/10003766381
Persistent link: https://www.econbiz.de/10003227158
Persistent link: https://www.econbiz.de/10003274760
We study general equilibrium with nonconvexities. In these economies there exist sunspot equilibria without the usual assumptions needed in convex economies, and they have good welfare properties. Moreover, in these equilibria, agents act as if they have quasi-linear utility. Hence wealth...
Persistent link: https://www.econbiz.de/10012728758
Persistent link: https://www.econbiz.de/10003946949
Persistent link: https://www.econbiz.de/10003946979
Persistent link: https://www.econbiz.de/10001433036
Persistent link: https://www.econbiz.de/10001265337
Persistent link: https://www.econbiz.de/10001335746