Micro adjustment toward long-term equilibrium

DOI10.1016/0022-0531(91)90161-VzbMath0717.90011MaRDI QIDQ2638906

Gérard Duménil, Dominique Levy

Publication date: 1991

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

zbMATH Keywords

disequilibriumlocal stability of long-term equilibriumstability in dimensionstability in proportions

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (1)

Profit rates equalization and balanced growth in a multi-sector model of classical competition

Cites Work

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• Competitive Price Adjustment without Market Clearing
• On the Stability of Edgeworth's Barter Process
• A Theorem on Non-Tatonnement Stability
• Autonomous Control of the Economic System

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