Existence of a Short-Run Equilibrium of the Dixit-Stiglitz-Krugman Model
2018 ◽
Vol 2018
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pp. 1-8
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Keyword(s):
Each short-run equilibrium of the Dixit-Stiglitz-Krugman model is defined as a solution to the wage equation when the distributions of workers and farmers are given functions. We extend the discrete nonlinear operator contained in the wage equation as a set-valued operator. Applying the Kakutani fixed-point theorem to the set-valued operator, under the most general assumptions, we prove that the model has a short-run equilibrium.
2001 ◽
Vol 40
◽
pp. 393-407
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Keyword(s):
2002 ◽
Vol 123
(3)
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pp. 461-470
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Keyword(s):
Keyword(s):
1987 ◽
Vol 121
(1)
◽
pp. 119-122
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Keyword(s):
2012 ◽
Vol 12
(1-2)
◽
pp. 35-39
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Keyword(s):
Keyword(s):
1952 ◽
Vol 3
(1)
◽
pp. 170
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2018 ◽
Vol 15
(2)
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Keyword(s):