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Increasing returns in matching and labour market dynamics: Comments on indeterminacy and search theory

Guerrazzi, Marco - Volkswirtschaftliche Fakultät, … - 2015

In this note I discuss the condition for indeterminacy in the context of search models with increasing returns in the …

Persistent link: https://www.econbiz.de/10011157018

A Tradable Permit System in an Intertemporal Economy

Akao, Ken-Ichi; Managi, Shunsuke - In: Environmental & Resource Economics 55 (2013) 3, pp. 309-336

that this approach raises the problem of indeterminacy of the equilibrium. Copyright Springer Science+Business Media …

Persistent link: https://www.econbiz.de/10010862774

General equilibrium and the new neoclassical synthesis

Herings, P. - In: Economic Theory 57 (2014) 3, pp. 437-477

the number of terminal date-events. Stickiness of prices implies that this indeterminacy is real. Copyright Springer …

Persistent link: https://www.econbiz.de/10011151148

Continua of underemployment equilibria

DREZE, Jacques H.; HERINGS, P. Jean-Jacques - Center for Operations Research and Econometrics (CORE), … - 1998

In this paper the existence of unemployment is partly explained as being the result of coordination failures. This is achieved by considering a standard general equilibrium model and splitting the set of commodities in two groups. The first group contains commodities like gold. The prices of...

Persistent link: https://www.econbiz.de/10005008548

Money and prices under uncertainty

Nakajima, Tomoyuki; Polemarchakis, Heraklis M. - In: The review of economic studies 72 (2005) 1, pp. 223-246

Persistent link: https://www.econbiz.de/10002652302

Expectations, self-fulfilling prophecies and the business cycle

Dufourt, Frédéric; Nishimura, Kazuo; Venditti, Alain - 2022 - Revised: October 2022

Persistent link: https://www.econbiz.de/10013549413

Decentralizability of efficient allocations with heterogeneous forecasts

Chatterji, Shurojit; Kajii, Atsushi - In: Journal of economic theory 207 (2023), pp. 1-29

Persistent link: https://www.econbiz.de/10013555239

Endogenous indeterminacy and volatility of asset prices under ambiguity

Mandler, Michael - In: Theoretical economics : TE ; journal of the Econometric … 8 (2013) 3, pp. 729-750

Persistent link: https://www.econbiz.de/10010207658

A tradable permit system in an intertemporal economy

Akao, Ken-Ichi; Managi, Shunsuke - In: Environmental & resource economics : the official … 55 (2013) 3, pp. 309-336

Persistent link: https://www.econbiz.de/10009753967

Indeterminacy and pollution haven hypothesis in a dynamic general equilibrium model

Yanase, Akihiko - In: Open economies review 25 (2014) 5, pp. 959-980

Persistent link: https://www.econbiz.de/10010486522