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Direct perturbations of aggregate excess demand

Sofia B. S. D. Castro (), Sami Dakhlia and Peter B. Gothen ()
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Sofia B. S. D. Castro: CMUP - Universidade do Porto = University of Porto, Faculdade de Economia do Porto - Universidade do Porto = University of Porto
Peter B. Gothen: CMUP - Universidade do Porto = University of Porto, Faculdade de Ciências - Universidade do Porto = University of Porto

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Abstract: We establish that an exchange economy, i.e., preferences and endowments, that generates a giiven aggregate excess demand (AED) function is close to the economy generating the AED obtained by an arbitrary perturbation of the original one.

Keywords: transversality; exchange economy.; exchange economy; Arrow-Debreu; transversalité; économie d'échange. (search for similar items in EconPapers)
Date: 2008-07
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00306408
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Published in 2008

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Journal Article: Direct perturbations of aggregate excess demand (2010) Downloads
Working Paper: Direct perturbations of aggregate excess demand (2008) Downloads
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