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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Official URL: http://dep.eco.uniroma1.it/docs/working_papers/Wp9...
Abstract
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) |
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| 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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