کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7358984 1478728 2018 33 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Equilibrium and matching under price controls
ترجمه فارسی عنوان
تعادل و تطبیق تحت کنترل قیمت
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
The paper considers a matching with contracts model in the presence of price controls. The model contains two important streams in the matching literature, those with and those without monetary transfers, as special cases. An adjustment process that ends with a stable outcome is presented. The paper presents a notion of competitive equilibrium, called Drèze equilibrium, and shows Drèze equilibrium allocations to be equivalent to allocations induced by stable outcomes. We therefore have an equivalence that is valid with and without monetary transfers as well as when monetary transfers are limited.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 177, September 2018, Pages 222-244
نویسندگان
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