Example.MWG.Exercise.15.B.9 {CGE}

Exercise 15.B.9 in MWG (1995)

Description

This is Exercise 15.B.9 in MWG (1995, P541), which is a pure exchange 2-by-2 economy.

Usage

Example.MWG.Exercise.15.B.9(
  S0Exg = matrix(c(
    30, 0,
    0, 20
  ), 2, 2, TRUE)
)

Arguments

S0Exg

an exogenous supply matrix, which will be passed to the function sdm.

Author(s)

LI Wu <[e-mail]>

References

LI Wu (2019, ISBN: 9787521804225) General Equilibrium and Structural Dynamics: Perspectives of New Structural Economics. Beijing: Economic Science Press. (In Chinese)

Mas-Colell, Andreu and Whinston, Michael Dennis and Green, Jerry R. (1995, ISBN: 0195073401) Microeconomic Theory. Oxford University Press (New York).

Examples

Example.MWG.Exercise.15.B.9()

#####
S <- matrix(c(
  5, 0,
  0, 20
), 2, 2, TRUE)
Example.MWG.Exercise.15.B.9(S0Exg = S)