The non-stationary Arrow-Hurwich market

Authors

  • Emil Panek

DOI:

https://doi.org/10.18559/ebr.2003.1.492

Keywords:

Arrow-Hurwicz model, Financial equilibrium, Prices, Model Arrowa-Hurwicza, Równowaga finansowa, Ceny

Abstract

In the paper, basing on the Arrow-Hurwich market, an attempt is made to prove that non-stationary economic system is not a real obstacle in investigating of its stability. It is shown that the classical equilibrium is not condition sine qua non for stability of the market. (original abstract)

Downloads

Download data is not yet available.

Downloads

Published

2003-06-30

How to Cite

Panek, E. (2003). The non-stationary Arrow-Hurwich market. Economics and Business Review, 3(1), 22–35. https://doi.org/10.18559/ebr.2003.1.492

Issue

Section

Research article- regular issue