Results 31 to 40 of about 3,747 (220)
Global Warming Policy in a Federation
Journal of Public Economic Theory, Volume 28, Issue 2, April 2026.ABSTRACT We explore alternate allocations of responsibility for greenhouse gas emissions policies in a small open federation. Emissions result from consumption and production of a tradeable dirty good. Emissions control policies are based on social values which depend on the allocation of policy responsibility.
Robin Boadway, Katherine Cuff
wiley +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
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
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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
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Lettres de et à Léon Walras (suite)
, 1913 Walras Léon. Lettres de et à Léon Walras (suite). In: La Révolution de 1848. Bulletin de la Société d'histoire de la Révolution de 1848, Tome 10, Numéro 59, Novembre-décembre 1913. pp.
Walras, Léon
core +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
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
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A CIEN AÑOS DE LA MUERTE DE LEÓN WALRAS I: SOBRE SU OBRA ORIGINAL
Cuadernos de Economía, 2010 Este artículo es un viaje personal a través de la obra original de León Walras en el centenario de su muerte (1910). Se enfatiza en su modelo de equilibrio general bajo competencia perfecta, pero enmarcado por los criterios de elección de políticas ...
Sergio Monsalve
doaj +2 more sources
INTERTEMPORAL COURNOT AND WALRAS EQUILIBRIA: AN ILLUSTRATION* [PDF]
International Economic Review, 2002 In an intertemporal general equilibrium framework, we compare a Cournot equilibrium to the Walras equilibrium. The Cournot agents trade and invest less than the Walras agents. This generates an inefficiency that does not vanish as the number of Cournot agents tends to infinity.
Cordella, Tito, Datta, Manjira
openaire +7 more sources