we develop a mainstream reformulation of the original Walras' model of capital accumulation.First,we prove the existence of intertemporal competitive equilibria combining a theorem due to Yannelis and Prabhokar with a lemma due to Geanakoplos.Secondly,we remedy the indeterminacy of savings allocatione of the walrasian model by introducing a storage technology.Finally we show that,for stored capital goods,the equality of rate of return emerges endogenously in equilibrium
With the shift from traditional analyses where capital is a single value factor of variable ‘form’ t...
The equivalence between optimal growth solutions and solutions of decentralized models of intertempo...
This paper extends the standard Diamond’s two-period OLG model of capital accumulation by introduci...
In this paper we propose a mainstream reformulation of the original Walras’ model of capital accumul...
In this paper we analyze the intertemporal competitive equilibrium of a walrasian model of capital a...
Leon Walras's General Economic Equilibrium Models of Capital Formation. Existence of a Solution The...
In an intertemporal general equilibrium framework, we compare a Cournot equilibrium to the Walras eq...
In a simple dynamic general equilibrium model, we introduce the concept of an intertemporal Cournot ...
In this paper, we study a two-period economy with production, capital goods and storage. For this ec...
Equilibrium and tâtonnement in Walras' Eléments Franco Donzelli Abstract Two alternative interpretat...
International audienceA basic discrete-time heterogeneous capital goods competitive environment is c...
This paper investigates the limit properties of a sequence of competitive outcomes existing for econ...
The aim of this paper is to ponder upon Marshall's conception of equilibrium and to confront it with...
International audienceWe build an infinite-horizon dynamic deterministic general equilibrium model w...
With the shift from traditional analyses where capital is a single value factor of variable ‘form’ t...
The equivalence between optimal growth solutions and solutions of decentralized models of intertempo...
This paper extends the standard Diamond’s two-period OLG model of capital accumulation by introduci...
In this paper we propose a mainstream reformulation of the original Walras’ model of capital accumul...
In this paper we analyze the intertemporal competitive equilibrium of a walrasian model of capital a...
Leon Walras's General Economic Equilibrium Models of Capital Formation. Existence of a Solution The...
In an intertemporal general equilibrium framework, we compare a Cournot equilibrium to the Walras eq...
In a simple dynamic general equilibrium model, we introduce the concept of an intertemporal Cournot ...
In this paper, we study a two-period economy with production, capital goods and storage. For this ec...
Equilibrium and tâtonnement in Walras' Eléments Franco Donzelli Abstract Two alternative interpretat...
International audienceA basic discrete-time heterogeneous capital goods competitive environment is c...
This paper investigates the limit properties of a sequence of competitive outcomes existing for econ...
The aim of this paper is to ponder upon Marshall's conception of equilibrium and to confront it with...
International audienceWe build an infinite-horizon dynamic deterministic general equilibrium model w...
With the shift from traditional analyses where capital is a single value factor of variable ‘form’ t...
The equivalence between optimal growth solutions and solutions of decentralized models of intertempo...
This paper extends the standard Diamond’s two-period OLG model of capital accumulation by introduci...