Results 21 to 30 of about 20,185 (224)
Tariff: The Most Beautiful Word in the Dictionary?
Review of International Economics, EarlyView.ABSTRACT We consider the welfare impacts of US tariff policy at levels proposed by President Donald J. Trump. General‐equilibrium simulations under a widely used transparent one‐sector trade model reveal sizable US welfare losses. When we extend the model to include bilateral firm selection and high resolution input–output linkages, the US losses ...
Edward J. Balistreri +2 more
wiley +1 more source
The von Neumann Model and the Early Models of General Equilibrium [PDF]
, 2003 The paper reconstructs the von Neumann model, comments on its salient features and critically reviews some of its generalisations. The issues related to thetreatment of consumption, decomposability and uniqueness of the rate of growth and interest will ...
Zalai, Ernő
core +1 more source
Asset Pricing and Risk‐Sharing Implications of Alternative Pension Plan Systems
The Journal of Finance, Volume 81, Issue 1, Page 143-188, February 2026.ABSTRACT We show that incorporating defined benefit pension funds in an incomplete markets asset pricing model improves its ability to match the historical equity premium and riskless rate and has important risk‐sharing implications. We document the importance of the pension fund's size and asset demands, and a new risk channel arising from ...
NUNO COIMBRA +3 more
wiley +1 more source
El efecto Piccard y la construcción de la teoría Walrasiana del equilibrio
Lecturas de Economía, 2010 Durante más de diez años, León Walras luchó, en vano, por resolver el problema de cómo derivar curvas de demanda individual a partir de las curvas de utilidad de dos individuos.
Boris Salazar
doaj +1 more source
Marshall and Walras: Incompatible bedfellows? [PDF]
The European Journal of the History of Economic Thought, 2011 The standard view about the relationship between the Marshallian and the Walrasian approaches is that they are complementary to each other. My aim in this paper is to show that, on the contrary, they constitute alternative sub-research programmes within the wider neoclassical paradigm.
openaire +2 more sources
On the Provision of International Public Goods in Dynamic Open Economies
Review of International Economics, Volume 34, Issue 1, Page 198-218, February 2026.ABSTRACT This study develops a dynamic two‐country model with an international public good, the stock of which positively affects the productivity of the private‐goods sectors in each country, and the evolution of the stock is determined by each country's voluntary contribution in the form of public investment. Two scenarios are examined: A cooperative
Akihiko Yanase
wiley +1 more source
Antipode, Volume 58, Issue 1, January 2026.Abstract Green finance is widely hailed as the solution to environmental and capitalist crises, promising to address climate change and secure future returns. Yet, rather than being market‐driven, it increasingly relies on data‐intensive forecasting models and scenarios that resemble economic planning.
Giulia Dal Maso, Alessandro Maresca
wiley +1 more source
Monopoly in Bilateral Exchange: Some Historico‐Analytical Remarks
Journal of Public Economic Theory, Volume 27, Issue 6, December 2025.ABSTRACT In this paper, we characterize, under the assumption that the aggregate demand of the atomless part for the commodity held by the monopolist is invertible, the monopoly quantity setting solution proposed by Kats (1974a) as the monopolist's most preferred commodity bundle in the complement of the atomless part's offer curve which is feasible ...
Francesca Busetto +4 more
wiley +1 more source
How Should Place‐Based Policies Be Designed to Efficiently Promote Retail Agglomeration?
Journal of Regional Science, Volume 65, Issue 5, Page 1423-1448, November 2025.ABSTRACT Place‐based policies can change the spatial distribution of retail stores and consumers. We develop a general equilibrium model in which consumers make a single shopping trip and freely choose where to reside. By using this model, we evaluate the welfare impacts of place‐based policies for downtown retail agglomeration to clarify what place ...
Hiroki Aizawa, Tatsuhito Kono
wiley +1 more source
Schumpeter, Marx et Walras. Entrepreneur et devenir du capitalisme
Revue Interventions Économiques, 2012 Schumpeter invented the entrepreneur to conceptualize the innovation act that the model of pure economy of Walras was unable to explain. In doing so, he converged to Marx.
Sophie Boutillier, Dimitri Uzunidis
doaj +1 more source