; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Determinacy of Equilibria in Dynamic Models with Finitely Many Consumers"; ; "batchuser@example.com"; "Kehoe, Timothy Jerome, 1953-", "Levine, David K.", "Romer, Paul Michael, 1955-"; "Federal Reserve Bank of Minneapolis"; "Equilibrium", "Consumer", "Dynamic model"; "C62 - Existence and Stability Conditions of Equilibrium"; "We consider a production economy with a finite number of heterogeneous, infinitely lived consumers. We show that, if the economy is smooth enough, equilibria are locally unique for almost all endowments. We do so by converting the infinite dimensional fixed point problem stated in terms of prices and commodities into a finite dimensional Negishi problem involving individual weights in a social value function. By adding a set of artificial fixed factors to utility and production functions, we can write the equilibrium conditions equating spending and income for each consumer entirely in terms of time zero factor endowments and derivatives of the social value function."^^; "1988-10"; "2018-03-13T20:09:43.473181917+00:00"^^; "https://doi.org/10.21034/wp.400"; ; "19890300fedmsr118"; "https://creativecommons.org/licenses/by-nc/4.0/"; "2020-04-17T15:19:05.999332678+00:00"^^; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "449", "666", "394"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "400"; "Consumer", "Dynamic model", "Equilibrium"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; """Published in: _Journal of Economic Theory_ (Vol. 50, Iss. 1, February 1990, pp. 1-21), https://doi.org/10.1016/0022-0531(90)90082-U. An updated version was published as: [Staff Report 118](https://doi.org/10.21034/sr.118)"""^^; ; "Publication" . ; .