Working Paper
Dynamics of fixprice models
Abstract: An examination of the dynamics of a class of disequilibrium models developed in earlier Working Paper 8504, using both graphics and analysis to show that non-Walrasian equilibria can be steady states for disequilibrium models.
Keywords: Equilibrium (Economics); Business cycles;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1985
Number: 8505