A Disequilibrium-Equilibrium Model with Money and Bonds

Inhalt

I. Introduction.- II. Households and Firms.- 1. The Household.- 1.1 Notation.- 1.2 The Labourer's Maximization Behaviour.- 1.3 The Rentier's Maximization Behaviour.- 2. The Firm.- 2.1 Notation.- 2.2 The Firm's Maximization Behaviour.- III. The General Equilibrium System Under The "Dual-Decision Hypothesis" "Disequilibrium-Equilibrium Model".- 1. The Standard General Market Equilibrium and the General Market Equilibrium under the "Dual-Decision Hypothesis".- 1.1 Notation.- 1.2 The Standard General Market Equilibrium Condition.- 1.3 The General Market Equilibrium Condition under the "Dual-Decision Hypothesis".- 2. Assumptions of the Model.- IV. The Existence Proof.- 1. The Household's and Firm's Budget Constraints and Money Constraints Rewritten for Convenience.- 1.1 The Household's Budget Constraints and Money Constraints ..- 1.2 The Firm's Budget Constraints and Money Constraints.- 2. Construction of Individual Demand or Supply Functions.- 2.1 Modified Individual ex ante Demand or Supply Functions.- 2.1.1 Modified ex ante Demand or Supply Functions of Individual Firms.- 2.1.2 Modified ex ante Demand or Supply Functions of Individual Households.- 2.1.2. a. Demand or Supply Functions of Individual Labourers.- 2.1.2. b. Demand or Supply Functions of Individual Rentiers.- 2.2 Modified Individual Demand or Supply Functions based on the Dual-Decision Hypothesis.- 2.2.1 Modified Demand or Supply Functions of Individual Labourers based on the Dual-Decision Hypothesis.- 3. The Existence Proof (1) -The Model with Modified Functions based on the Dual-Decision Hypothesis -.- 3.1 Notation.- 3.2 The Existence Proof (1).- 4. The Existence Proof (2) -The Original Model (Non-Modified Functions) based on the Dual-Decision Hypothesis -.- V. Conclusions.- Appendix I.- Appendix II..- Appendix III.- Appendix IV.- References.