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Continua of underemployment equilibria reflecting coordination failures, also at Walrasian prices

Citanna, Alessandro; Crès, Hervé; Drèze, Jacques H.; … - 2001

Persistent link: https://www.econbiz.de/10001615338

Special issue on the Athens-Minnesota Conferences : [in 2002, the CEME-NBER Conference was held at the University of Minnesota from May 10 to May 12 ...; the European Workshop in G...

Citanna, Alessandro (contributor); Crès, Hervé (contributor) - 2003

Persistent link: https://www.econbiz.de/10001765590

Underemployment of resources and self-confirming beliefs

Citanna, Alessandro; Crès, Hervé; Villanacci, Antonio - 1995

Persistent link: https://www.econbiz.de/10000930611

Continua of underemploment equilibria reflecting coordination failures, also at Walrasian prices

Citanna, Alessandro; Crès, Hervé; Drèze, Jacques H.; … - In: Journal of mathematical economics 36 (2001) 3, pp. 169-200

Persistent link: https://www.econbiz.de/10001655372

Underemployment of Resources and Self-Fulfilling Beliefs: Nonwalrasian Allocations at Walrasian Prices

Citanna, Alessandro; Crès, Hervé; Drèze, Jacques H; … - Sciences économiques, Sciences Po - 2001

In this paper the existence of unemployment is partly explained as being the result of coordination failures. It is shown that as a result of self-fulfilling pessimistic expectations, even at Walrasian prices, a continuum of equilibria results, among which an equilibrium with approximately no...

Persistent link: https://www.econbiz.de/10011003340

Underemployment of Resources and Self-Fulfilling Beliefs: Nonwalrasian Allocations at Walrasian Prices

Villanacci, Antonio; Citanna, Alessandro; Herings, P. … - Department of Economics, Sciences économiques - 2001

This item has no abstract

Persistent link: https://www.econbiz.de/10010756471

Continua of underemployment equilibria reflecting coordination failures, also at Walrasian prices

Citanna, Alessandro; Crès, Hervé; Drèze, Jacques; … - In: Journal of mathematical economics 36 (2001) 3, pp. 169-200

Persistent link: https://www.econbiz.de/10006037630