Testable restrictions of general equilibrium in production economies

Andrés Carvajal

No 05/01, Royal Holloway, University of London: Discussion Papers in Economics from Department of Economics, Royal Holloway University of London

Abstract: This note shows that the testability result obtained by Brown and Matzkin (1996) for an exchange economy survives the introduction of standard, aggregate production, even without the observation of production levels.

Pages: 15 pages
Date: 2005-01, Revised 2005-01
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