The material below and on this web site was originally created in 2000 and published in The Journal of Economic Education Volume 32, Number 4 / Fall 2001 Pages: 397 - 397. The web site was originally ...

We consider infinite horizon economies populated by a continuum of agents who are subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete ...

Comparative Statics, tracking an optimal or equilibrium value as an exogenous variable changes, ceteris paribus, is the heart of economic analysis. By building models and analyzing the comparative ...

Abstract: We provide general comparative static results for large finite and infinite-dimensional aggregative games. In aggregative games, each player's payoff depends on her own actions and an ...

The introduction of real-cash balances into the neoclassical model of the consumer wrecks havoc, in general, on the empirically observable refutable comparative statics properties of the model. We ...

This is a preview. Log in through your library . Journal Information Founded in 1933 by a group of young British and American economists, The Review of Economic Studies aims to encourage research in ...

The authors, leading researchers in the fields of mathematical economics and methodology, present the first comprehensive synthesis of literature on qualitative and other nonparametric techniques, ...

which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. A small optimizing agent max imizes his utility by allocati ng his inco me ...