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Does anybody know if a competitive equilibrium obtains under Stone-Geary preferences; are there multiple equilibria problems; do such preferences admit an analysis with more than one type of representative agents; any good+relevant resources on the subject?

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    $\begingroup$ When you ask if there is a competitive equilibrium, what is the specification for the firm's side? Are you asking just for papers that use Stone-Geary in a competitive model? I don't think the question as it stands is clear, and this post contains multiple questions, which we usually ask to be separated. $\endgroup$ – Kitsune Cavalry Sep 11 '17 at 16:59
  • $\begingroup$ I am not sure if this fits the bill, but just in case jstor.org/stable/pdf/… $\endgroup$ – Fato Sep 15 '17 at 13:56
  • $\begingroup$ Don't forget to assign the bounty! :) $\endgroup$ – luchonacho Sep 22 '17 at 8:52
  • $\begingroup$ next to the answer, below the tick, there should be a button in light blue. You need to press it. $\endgroup$ – luchonacho Sep 22 '17 at 10:01
  • $\begingroup$ My bad. The bounty was not created by you! Sorry. Its the user "Farewell Stack Exchange" who has to assign the bounty. $\endgroup$ – luchonacho Sep 22 '17 at 10:19
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This is a paper using a competitive monopolistic framework (in GE). It is an old paper by Stratz (1989). Recent work with Stone-Geary preferences relates to the issue of structural transformation following the work of Herrendorf, Rogerson and Valentinyi (2013), although there is considerable debate on whether these preferences appropriately capture the data. All these papers have a representative consumer, with expenditure shares changing over time due to growth.

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