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| Author: | Mandler, M. |
| Title: | Sraffian indeterminacy in general equilibrium. |
| Journal: | Review of Economic Studies
1999 : JUL, VOL. 66:3, p. 693-711 |
| Index terms: | Equilibrium analysis Econometric models Price theory |
| Language: | eng |
| Abstract: | The indeterminacy claim for competitive price system made by Straffa (1960) is examined by placing Straffa's work in an intertemporal general equilibrium model. The author shows that indeterminacy occurs at anatural type of equilibrium. |
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