Book contents
- Frontmatter
- Contents
- Preface
- Acknowledgements
- I OVERVIEW
- II EQUILIBRIA WITH PRICE RIGIDITIES
- III EFFICIENCY OF CONSTRAINED EQUILIBRIA
- 5 Optimality Properties of Rationing Schemes
- 6 Values of Markets with Satiation or Fixed Prices
- IV PUBLIC GOODS AND THE PUBLIC SECTOR
- V PRICE ADJUSTMENTS
- VI WAGE POLICIES
- VII ECONOMETRICS
- VIII POLICY
- References
- Index
6 - Values of Markets with Satiation or Fixed Prices
Published online by Cambridge University Press: 01 June 2011
- Frontmatter
- Contents
- Preface
- Acknowledgements
- I OVERVIEW
- II EQUILIBRIA WITH PRICE RIGIDITIES
- III EFFICIENCY OF CONSTRAINED EQUILIBRIA
- 5 Optimality Properties of Rationing Schemes
- 6 Values of Markets with Satiation or Fixed Prices
- IV PUBLIC GOODS AND THE PUBLIC SECTOR
- V PRICE ADJUSTMENTS
- VI WAGE POLICIES
- VII ECONOMETRICS
- VIII POLICY
- References
- Index
Summary
- Type
- Chapter
- Information
- Underemployment EquilibriaEssays in Theory, Econometrics and Policy, pp. 111 - 132Publisher: Cambridge University PressPrint publication year: 1991