Results 81 to 90 of about 20,185 (224)
Unemployment: Walras’s voluntary and Keynes’s involuntary [PDF]
This paper shows that Keynes’s involuntary unemployment derives from Walras’s voluntary unemployment by means of changing the characteristic of the aggregate supply curve (function) of labour. On the one hand, when the original aggregate supply function is a strong-ly increasing function, as in Walras’s approach, there might only be voluntary ...
openaire +3 more sources
Noncooperative Oligopoly in Markets with a Continuum of Traders [PDF]
In this paper, we study three prototypical models of noncooperative oligopoly in markets with a continuum of traders : the model of Cournot-Walras equilibrium of Codognato and Gabszewicz (1991), the model of Cournot-Nash equilibrium of Lloyd S.
Busetto, Francesca +2 more
core
Fundamentos do modelo macroeconômico neoclásico Pré-Keynesiano
This article means to bring out the basic ideas and foundaments of one of the major schools of macroeconomic thought: the pre-keynesian neoclassical model.
Ulisses Ruiz de Gamboa
doaj
Existence of General Competitive Equilibria: A Variational Approach
We study the existence of general competitive equilibria in economies with agents and goods in a finite number. We show that there exists a Walras competitive equilibrium in all ownership private economies such that, for all consumers, initial endowments
G. Anello, F. Rania
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Impact of the VAT reduction policy on local fiscal pressure in China in light of the COVID-19 pandemic: A measurement based on a computable general equilibrium model. [PDF]
Guo YM, Shi YR.
europepmc +1 more source
From Nash to Walras via Shapley-Shubik [PDF]
We derive the existence of a Walras equilibrium directly from Nash's theorem on noncooperative games. No price player is involved, nor are generalized games.
John Geanakoplos, Pradeep Dubey
core
On the Right Side for the Wrong Reason : Friedman on the Marshall-Walras divide [PDF]
The aim of this article is to assess Friedman’s claim, put forward in his 1949 article on the Marshallian demand curve, that there is a methodological divide between the Marshallian and Walrasian approaches.
Michel, DE VROEY
core
Indivisible Goods and Fiat Money [PDF]
In spite of fiat money is useless in a standard Arrow-Debreu model, in this paper we will show that this does not hold true anymore when goods are indivisible.
Jorge Rivera, Michael Florig
core
Value and prices in Russian economic thought (1890-1920)
François Allisson
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