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General And Partial Equilibria In A Consumption Economy

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Author Info
José Manuel Gutiérrez
Abstract

We consider a simple aggregative consumption economy, where there is a market for commodities and four financial markets: for bonds, deposits, credits and some speculative asset. There is a Wicksellian central bank. The existence of temporary equilibrium is discussed by considering partial equilibria in the different markets. Copyright © 2008 The Author; Journal compilation © 2008 Blackwell Publishing Ltd.

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Article provided by Blackwell Publishing in its journal Metroeconomica.

Volume (Year): 59 (2008)
Issue (Month): 1 (02)
Pages: 57-73
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Handle: RePEc:bla:metroe:v:59:y:2008:i:1:p:57-73

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This page was last updated on 2009-12-19.

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