EXISTENCE OF EQUILIBRIUM UNDER ALTERNATIVE INCOME CONDITIONS

William Bryant

Chapter 5 in General Equilibrium:Theory and Evidence, 2009, pp 122-154 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionSome ‘policy induced’ existence resultsEndowment taxesTaxes and general consumption setsProfit share redistributionsThe Gale–Mas-Colell's theorem with an explicit income functionTax-transfers and ‘patching’ irreducibilityVoluntary transfers, altruism and the existence of Walrasian equilibriumConclusion

Keywords: General Equilibrium; Existence; Uniqueness; Stability; Optimality; Comparative Statics; Empirical Implications (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Date: 2009
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