The Long-run Behaviour of the Patinkin Model.

In this paper I present conditions under which the long run stock equilibrium in Patinkin's general equilibrium model exists, is unique and is globally stable. These conditions are basically that all goods are weak gross substitutes and noninferior The model is developed in Patinkin (1965); Archibal...

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Publicado en:	Economica Vol. 42; no. 167; pp. 292 - 298
Autor principal:	Kuska, Edward A.
Formato:	Artículo
Publicado:	Wiley-Blackwell Aug75
Materias:	Economic equilibrium Economics Economic models Economic policy Economic demand Demand function Neoclassical school of economics Patinkin, D.
Acceso en línea:	Ver este registro en EBSCOhost