This second volume of economic theory is divided into sections on general equilibrium and on the microfoundations of macroeconomics.This analysis can be taken as an extension of our earlier work (Balasko and Shell 1981). In Section 4, we use the ... The first example establishes that asymptotically balanced tax-transfer policies are not necessarily bonafide. The secondanbsp;...
|Title||:||Essays in Honor of Kenneth J. Arrow: Volume 2, Equilibrium Analysis|
|Author||:||Walter P. Heller, Ross M. Starr, David A. Starrett, Kenneth Joseph Arrow|
|Publisher||:||Cambridge University Press - 1986-07-25|