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Tatonnement and Price Setting in General Equilibrium / Iván Werning ⡠Guido Lorenzoni.
- Format:
- Book
- Author/Creator:
- Werning, Iván.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w35205.
- NBER working paper series no. w35205
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2026.
- Summary:
- A foundational question in General Equilibrium theory--when is an equilibrium stable?--has remained largely unresolved for over 150 years despite important contributions. This paper proposes a resolution.
- Notes:
- May 2026.
- Print version record
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