The Number of Equilibria of Smooth Infinite Economies

Enrique Covarrubias

No 2011-02, Working Papers from Banco de México

Abstract: We construct an index theorem for smooth infinite economies that shows that generically the number of equilibria is odd. As a corollary, this gives a new proof of existence and gives conditions that guarantee global uniqueness of equilibria.

JEL-codes: D50 D51 D80 D90 (search for similar items in EconPapers)
Date: 2011-05
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Citations: View citations in EconPapers (1)

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Journal Article: The number of equilibria of smooth infinite economies (2013)
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