Grossman-Helpman's Singular Indifference Curve

This paper proves that the model by Grossman and Helpman (1994) produces another singular indifference curve, which can never have any tangency with a standard budget line. Such indifference curve means that the person extremely loves money, and his utility function can be reduced to one consisting of only one variable

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Year of publication:	2017
Authors:	Choi, Hak
Publisher:	[2017]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (8 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 23, 2016 erstellt
Other identifiers:	10.2139/ssrn.2783248 [DOI]
Classification:	D11 - Consumer Economics: Theory ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012969224