A note on Equilibrium with Capital Goods, Storage and Production

Impicciatore, Galeazzo and Panaccione, Luca (2007) A note on Equilibrium with Capital Goods, Storage and Production. Working Paper. Dipartimento di Economia Pubblica, Università di Roma La Sapienza, Roma, Italia.


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In this paper, we study a two-period economy with production, capital goods and storage. For this economy, we propose a suitable equilibrium concept, and we prove existence of equilibrium. We also show that equality of rates of return for stored capital goods endogenously emerges as a consequence of consumers’ optimizing behavior.

Item Type: Monograph (Working Paper)
Additional Information: JEL Classification: C62, D24.
Uncontrolled Keywords: Capital goods, storage, existence, equality of rates of return.
Subjects: 300 Scienze sociali > 330 Economia
Depositing User: Dipartimento economia e diritto
Date Deposited: 06 Mar 2009
Last Modified: 20 May 2010 12:01
URI: http://eprints.bice.rm.cnr.it/id/eprint/790

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