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Existence of a Temporary Equilibrium in a Three-Commodity Model

G. Tillmann

University of Bonn

Review of Economic Studies 1983

We show existence of a Temporary Equilibrium in a three commodity model (consumption good, labour and money) if consumers have static expectations in the sense of Patinkin.

DOI
10.2307/2297682
Volume
50 (3)
Pages
573
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