Arbeitspapier
An extension of the sard-smale theorem to domains with an empty interior
A stumbling block in the modelling of competitive markets with commodity and price spaces of infinite dimensions, arises from having positive cones with an empty interior. This issue precludes the use of tools of differential analysis, ranging from the definition of a derivative, to the use of more sophisticated results needed to understand determinacy of equilibria and, more generally, the structure of the equilibrium set. To overcome these issues, this paper extends the Preimage Theorem and the Sard-Smale Theorem to maps between spaces that may have an empty interior.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Papers ; No. 2013-23
- Classification
-
Wirtschaft
General Equilibrium and Disequilibrium: General
Exchange and Production Economies
- Subject
-
determinacy
equilibrium manifold
positive cone
- Event
-
Geistige Schöpfung
- (who)
-
Accinelli, Elvio
Covarrubias, Enrique
- Event
-
Veröffentlichung
- (who)
-
Banco de México
- (where)
-
Ciudad de México
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Accinelli, Elvio
- Covarrubias, Enrique
- Banco de México
Time of origin
- 2013
Other Objects (12)
Labor heterogeneity and the pattern of trade
Decisiones financieras, competencia en el mercado y desempeño de las empresas: Evidencia emprica para Iberoamerica
Price-setting in Mexico and the real effects of monetary shocks
The role of credit on the evolution of wealth inequality in the USA
Forecasting short-run inflation volatility using futures prices: An empirical analysis from a value at risk perspective
Measuring the cost of U.S. housing policy
Around-the-clock USD/MXN volatility: Macroeconomic announcement spillovers and FX market intervention mechanisms
Consumption of durable goods under ambiguity
Should monetary policy lean against the wind in a small-open economy? Revisiting the Tinbergen rule
Macroeconomic news, announcements, and stock market jump intensity dynamics
Hechos estilizados del ciclo económico en México
Estimating capital flows to emerging market economies with heterogeneous panels
Labor heterogeneity and the pattern of trade
Decisiones financieras, competencia en el mercado y desempeño de las empresas: Evidencia emprica para Iberoamerica
Price-setting in Mexico and the real effects of monetary shocks
The role of credit on the evolution of wealth inequality in the USA
Forecasting short-run inflation volatility using futures prices: An empirical analysis from a value at risk perspective
Measuring the cost of U.S. housing policy
Around-the-clock USD/MXN volatility: Macroeconomic announcement spillovers and FX market intervention mechanisms
Consumption of durable goods under ambiguity
Should monetary policy lean against the wind in a small-open economy? Revisiting the Tinbergen rule
Macroeconomic news, announcements, and stock market jump intensity dynamics
Hechos estilizados del ciclo económico en México
Estimating capital flows to emerging market economies with heterogeneous panels
Labor heterogeneity and the pattern of trade
Decisiones financieras, competencia en el mercado y desempeño de las empresas: Evidencia emprica para Iberoamerica
Price-setting in Mexico and the real effects of monetary shocks
The role of credit on the evolution of wealth inequality in the USA
Forecasting short-run inflation volatility using futures prices: An empirical analysis from a value at risk perspective
Measuring the cost of U.S. housing policy
Around-the-clock USD/MXN volatility: Macroeconomic announcement spillovers and FX market intervention mechanisms
Consumption of durable goods under ambiguity
Should monetary policy lean against the wind in a small-open economy? Revisiting the Tinbergen rule
Macroeconomic news, announcements, and stock market jump intensity dynamics
Hechos estilizados del ciclo económico en México