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General Equilibrium with Infinitely Many Goods: The Case of Separable Utilities

In: Equilibrium and Dynamics

Author

Listed:
  • Aloisio Araujo
  • Paulo Klinger Monteiro

Abstract

General equilibrium is nowadays, perhaps, the most well established framework in which to study several aspects of economic phenomena. Such diverse topics as growth, money, finance and international trade use the methods and the framework of general equilibria. That was not the case in the early 1950s when David Gale, together with Arrow, Debreu, McKenzie and Nikaido among others, started the systematic study that led this revolutionary change. Recently, there has been an increasing interest in the generalisation of this work to the case of infinitely many goods, needed for some applications. This study is a contribution to this literature. We start by giving a general overview of the problem of general equilibrium with infinitely many goods.

Suggested Citation

  • Aloisio Araujo & Paulo Klinger Monteiro, 1992. "General Equilibrium with Infinitely Many Goods: The Case of Separable Utilities," Palgrave Macmillan Books, in: Mukul Majumdar (ed.), Equilibrium and Dynamics, chapter 2, pages 17-28, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11696-6_2
    DOI: 10.1007/978-1-349-11696-6_2
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    Cited by:

    1. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, August.
    2. Paul Oslington, 2012. "General Equilibrium: Theory and Evidence," The Economic Record, The Economic Society of Australia, vol. 88(282), pages 446-448, September.

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