Hemlstädter, Ernst - In: Journal of Economics and Statistics (Jahrbuecher fuer … 232 (2012) 2, pp. 177-193
Based on the original version of Stuuetzel’s habilitation thesis, a so far neglected issue of circular flow equilibrium is considered: the microeconomic transactions during the production period of the neoclassical model of general equilibrium. The specific equilibrium conditions for the...