Unemployment equilibrium in an economy with linked prices

DOI10.1016/0022-0531(82)90050-3zbMath0512.90021OpenAlexW2063285950MaRDI QIDQ1050244

Mordecai Kurz

Publication date: 1982

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(82)90050-3

zbMATH Keywords

existence theoremsresource allocationexchange economyprice rigiditylinked pricesmonetary economynonmonetary economystochastic nature of equilibriumunemployment equilibrium

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (12)

Supply-constrained equilibria in economies with indexed prices ⋮ Equilibrium existence results for economies with price rigidities ⋮ A dynamic auction for differentiated items under price rigidities ⋮ On a parameterized system of nonlinear equations with economic applications ⋮ Simplicial approximation of unemployment equilibria ⋮ Equilibria with coordination failures ⋮ Unemployment equilibrium in a random economy ⋮ On the existence of a continuum of constrained equilibria ⋮ On supply-constrained equilibria ⋮ Note on the optimality of unemployment equilibria ⋮ Supply-constrained fixed price equilibria in monetary economies ⋮ Continua of underemployment equilibria reflecting coordination failures, also at Walrasian prices

Cites Work

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• On the structure of the set of fixed price equilibria
• Equilibrium under Rigid Prices with Compensation for the Consumers
• Arrow-Debreu Equilibrium of an Exchange Economy with Transaction Cost
• Existence of an Exchange Equilibrium under Price Rigidities
• On Temporary Keynesian Equilibria
• The Consistency of Nonlinear Regressions

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