Comparative Statics, tracking an optimal or equilibrium value as an exogenous variable changes, ceteris paribus, is the heart of economic analysis. By building models and analyzing the comparative ...
The introduction of real-cash balances into the neoclassical model of the consumer wrecks havoc, in general, on the empirically observable refutable comparative statics properties of the model. We ...
Citations: Swinkels, Jeroen, Hector Chade. 2020. The No-Upward-Crossing Condition, Comparative Statics, and the Moral Hazard Problem. Theoretical Economics.
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