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Equilibrium in Marine Mutual I...
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41
Real and Monetary Approach to the Handcraft Economy
Tricou, Fabrice
- In:
Lecturas de Economía
(
2008
)
68
,
pp. 175-193
equilibrium
prices, whereas in the second one, the monetary model, a .particular market economy. arises, which is linked to …
Persistent link: https://www.econbiz.de/10005606916
Saved in:
42
Monetary Equilibria over an Infinite Horizon.
Bloise, Gaetano
;
Dreze, J. H.
;
Polemarchakis, H. M.
-
Økonomisk Institut, Københavns Universitet
-
2003
of rates of interest, there is a nontrivial multiplicity of
equilibrium
paths of prices of commodities. Determinacy …
Persistent link: https://www.econbiz.de/10005749674
Saved in:
43
Reintroducing Intergenerational
Equilibrium
: Key Concepts behind the New Polish Pension System
Góra, Marek
-
William Davidson Institute, University of Michigan
-
2003
conceptual background of the new system design. The new system’s long-term objective is to ensure intergenerational
equilibrium
…
Persistent link: https://www.econbiz.de/10005784775
Saved in:
44
Equilibrium
Prices in the Presence of Delegated Portfolio Management
Cuoco, Domenico
;
Kaniel, Ron
-
C.E.P.R. Discussion Papers
-
2009
, the extent of delegation and
equilibrium
prices are all determined endogenously within the model we consider. Symmetric … performance fees have more complex effects on
equilibrium
prices and Sharpe ratios, with the signs of these effects fluctuating …
Persistent link: https://www.econbiz.de/10008528548
Saved in:
45
A Class of Models satisfying a Dynamical Version of the CAPM.
Napp, Clotilde
;
Jouini, Elyès
-
Université Paris-Dauphine
-
2003
Under a comonotonicity assumption between aggregate dividends and the market portfolio, the CCAPM formula becomes more tractable and more easily testable. In this paper, we provide theoretical justifications for such an assumption.
Persistent link: https://www.econbiz.de/10008532425
Saved in:
46
Existence of
equilibrium
in OLG economies with increasing returns.
Bonnisseau, Jean-Marc
;
Rakotonindrainy, Lalaina
-
Centre d'Économie de la Sorbonne, Université Paris 1 …
-
2011
existence of an
equilibrium
under assumptions, which are at the same level of generality than the ones for the existence in an …
Persistent link: https://www.econbiz.de/10009645283
Saved in:
47
A fresh look on economic evolution from kinetic viewpoint
Lehmann-Waffenschmidt, Marco
-
Fakultät Wirtschaftswissenschaften, Technische …
-
2003
trade-off. Basing on a general
equilibrium
model by T. Kehoe including production and taxes we provide a formal model of an … evolution
equilibrium
. It is based on arguments from the gradual vs. bang-bang tax reform controversy and from the debate on … optimal macroeconomic policy design. Existence of
equilibrium
is established extending an analytical result which in a …
Persistent link: https://www.econbiz.de/10009226168
Saved in:
48
Frictionless economy and its implementation in real world
Yang, Yu
-
Volkswirtschaftliche Fakultät, …
-
2011
Frictionless economy is the new concept emerged from late 90s1. Its core idea is to remove the time both suppliers and customers spend on the trial and error on the price. So the markets always perform on the equilibriums. So markets can work in the perfect efficiency. But due to the various...
Persistent link: https://www.econbiz.de/10009353526
Saved in:
49
The nature of
equilibrium
in macroeconomics: A critique of
equilibrium
search theory
Aoki, Masanao
;
Yoshikawa, Hiroshi
- In:
Economics - The Open-Access, Open-Assessment E-Journal
3
(
2009
),
pp. 1-9
The standard Walrasian
equilibrium
theory requires that the marginal value product of production factor such as labor … theory allegedly fills this gap by encompassing apparent disequilibrium phenomena in the neoclassical
equilibrium
framework … behavior of economic agents. We must seek a new concept of
equilibrium
different from the standard Walrasian
equilibrium
in …
Persistent link: https://www.econbiz.de/10008561108
Saved in:
50
Markets and contracts
Bisin, Alberto
;
Geanakoplos, John
;
Gottardi, Piero
; …
-
Department of Economics, European University Institute
-
2010
Economies with asymmetric information are encompassed by an extension of the model of general competitive
equilibrium
…
Persistent link: https://www.econbiz.de/10008568535
Saved in:
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