Pareto’s optimum in models of general economic equilibrium with the asset market

A model of the general economic equilibrium of sequential structures includes the asset market, where assets are instruments of sequential income redistribution. The model should explain relative prices of commodities, on one hand, and establish the asset pricing as an instrument of income redistrib...

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Bibliographic Details
Main Author: Popović Zoran
Format: Article
Language:English
Published: Faculty of Economics, Belgrade 2007-01-01
Series:Ekonomski Anali
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0013-3264/2007/0013-32640773036P.pdf