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Stabilizing the economy : market design and general equilibrium
Goeree, Jacob K.; Lindsay, Luke - 2012
Review, 1960). Tatonnement theory predicts that prices are globally unstable for this economy, i.e. unless prices start at … the competitive equilibrium they oscillate without converging. Anderson et al. (Journal of Economic Theory, 2004) report … convergence. We replicate their experiments and confirm that tatonnement theory predicts the direction of price changes remarkably …
Persistent link: https://www.econbiz.de/10009743925
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Substitutes and complements in trading networks
Drexl, Moritz - In: Five essays in economic theory, (pp. 49-62). 2014
Persistent link: https://www.econbiz.de/10010500933
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Market design and the stability of general equilibrium
Goeree, Jacob K.; Lindsay, Luke - In: Journal of economic theory 165 (2016), pp. 37-68
Persistent link: https://www.econbiz.de/10011649258
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Is the macroeconomy locally unstable and why should we care?
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2016
Persistent link: https://www.econbiz.de/10011502300
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Is the macroeconomy locally unstable and why should we care?
Beaudry, Paul; Galizia, Dana; Portier, Franck - 2016
Persistent link: https://www.econbiz.de/10011493971
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Can catastrophe theory become a new tool in understanding singular economies?
Accinelli, Elvio; Puchet, Martín - In: New tools of economic dynamics, (pp. 95-109). 2005
Persistent link: https://www.econbiz.de/10003028897
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Learning of steady states in nonlinear models when shocks follow a Markov chain
Honkapohja, Seppo; Mitra, Kaushik - In: Institutions, equilibria and efficiency : essays in …, (pp. 261-272). 2006
Persistent link: https://www.econbiz.de/10003371933
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Analysis, controllability and optimization of time-discrete systems and dynamical games
Krabs, Werner; Pickl, Stefan - 2003
Persistent link: https://www.econbiz.de/10001787717
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Generalized stability analysis of a non-linear dynamic model
Donaghy, Kieran P. - In: Spatial economic science : new frontiers in theory and …, (pp. 243-257). 2000
Persistent link: https://www.econbiz.de/10001509423
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Is the macroeconomy locally unstable and why should we care?
Beaudry, Paul; Galizia, Dana; Portier, Franck - In: NBER macroeconomics annual 31 (2016), pp. 479-530
Persistent link: https://www.econbiz.de/10011977078