An evolutionary model is presented for a multi–sector, multi–instrument financial equilibrium problem, with general utility function and including policy interventionsin the form of taxes and price controls. We give the evolutionary financial equilibrium condition, prove an equivalent variational inequality formulation, fromwhich an existence result follows.

Competitive Financial Equilibrium Problems with Policy Interventions

GIUFFRE', Sofia;
2005

Abstract

An evolutionary model is presented for a multi–sector, multi–instrument financial equilibrium problem, with general utility function and including policy interventionsin the form of taxes and price controls. We give the evolutionary financial equilibrium condition, prove an equivalent variational inequality formulation, fromwhich an existence result follows.
financial problem; equilibrium condition; variational inequality formulation; time–dependent requirements.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12318/4203
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