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https://hdl.handle.net/2142/85570
Description
Title
General Equilibrium Comparative Statics
Author(s)
Bernotas, David W.
Issue Date
2006
Doctoral Committee Chair(s)
Williams, Steven R.
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, Theory
Language
eng
Abstract
I derive testable implications of general equilibrium theory. I consider a sequence of pure exchange economies, each characterized by agents' initial endowments and market clearing prices. I find necessary and sufficient conditions on prices and endowments that ensure data are consistent with utility maximization.
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