Essays in Dynamic General Equilibrium Theory

Name: Essays in Dynamic General Equilibrium Theory
Author: Alessandro Citanna

Festschrift for David Cass

Specificaties

Gebonden, 273 blz. | Engels

Springer Berlin Heidelberg | 2005e druk, 2005

ISBN13: 9783540222675

Rubricering

Springer Berlin Heidelberg 2005e druk, 2005 9783540222675

Onderdeel van serie Studies in Economic Theory

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Samenvatting

In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.

Specificaties

ISBN13:9783540222675

Taal:Engels

Bindwijze:gebonden

Aantal pagina's:273

Uitgever:Springer Berlin Heidelberg

Druk:2005

Hoofdrubriek:Economie

Serie:Studies in Economic Theory

Inhoudsopgave

Monopoly Power and the Firm’s Valuation: A Dynamic Analysis of Short versus Long-Term Policies.- Revealed Intertemporal Ineffciency.- Volatility and Job Creation in the Knowledge Economy.- Existence of Sunspot Equilibria and Uniqueness of Spot Market Equilibria: The Case of Intrinsically Complete Markets.- Survival, Uncertainty, and Equilibrium Theory: An Exposition.- On Price-Taking Behavior in Asymmetric Information Economies.- Ambiguity aversion and the absence of indexed debt.- Sunspots, Indeterminacy and Pareto Inefficiency in Economies With Incomplete Markets.- Growth in Economies With Non Convexities: Sunspots and Lottery Equilibria, Theory and Examples.- Shaking the Tree: An Agency-Theoretic Model of Asset Pricing.- Central-Bank Interest-Rate Control in a Cashless, Arrow-Debreu Economy.