Ghiglino, Christian and Hansen, Bodil Olai and Tved, Mich (2000) TRANSFERS AND GIFTS IN OG MODELS: MONETARY STEADY STATES. [UNSPECIFIED]
Full text not available from this repository.Abstract
In the present paper the study of the welfare effects of endowment transfers is extended to the set of steady states of a general stationary overlapping generation model. A complete characterization of manipulations by coalitions and transfers which leads to welfare paradoxes is provided.
Item Type: | UNSPECIFIED |
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Uncontrolled Keywords: | D51, D91, E32, Overlapping-generations models, manipulations, transfer paradox, Leontief effect, steady states, theory of duality |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Social Sciences > Economics, Department of |
Depositing User: | Jim Jamieson |
Date Deposited: | 16 Jul 2012 18:14 |
Last Modified: | 17 Aug 2017 18:10 |
URI: | http://repository.essex.ac.uk/id/eprint/3021 |
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