Abstract
From propositions 1–3 we know that under A1–A3 an economy ɛ(w―) has many equilibria. In addition \(\underline {\rm{w}} \in {\rm{R}}_ + ^{{\ell _1}}\) can be varied.
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© 1983 Springer-Verlag Berlin Heidelberg
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Müller, H.H. (1983). The Set of Equilibria and Relative Pareto Optima. In: Fiscal Policies in a General Equilibrium Model with Persistent Unemployment. Lecture Notes in Economics and Mathematical Systems, vol 216. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48332-5_5
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DOI: https://doi.org/10.1007/978-3-642-48332-5_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-12316-3
Online ISBN: 978-3-642-48332-5
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