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Cleavage in Dutch society : changing patterns of social and economic discrimination

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Author Info
Bax, E.H. (Groningen University)
Abstract

The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross substitution theorem. The paper shows the relationship of the two conditions to the weak dominant diagonal property of the matrix of interest rate elasticities. This enables to investigate the impact of simultaneous changes in interest rates on the asset demands.

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File URL: http://irs.ub.rug.nl/ppn/159689864
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Publisher Info
Paper provided by University of Groningen, Research Institute SOM (Systems, Organisations and Management) in its series Research Report with number 95B31.

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Date of creation: 1995
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Handle: RePEc:dgr:rugsom:95b31

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