期刊名称：CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度：2001
卷号：2001
出版社：Center for Operations Research and Econometrics (UCL), Louvain
摘要：Macroeconomic theory is seen nowadays as a study in “dynamic general
equilibrium theory under uncertainty, with incomplete (and possibly im-
perfect) markets”.
1
The general equilibrium theory initiated by Walras
(1902) and often referred to as “the Arrow-Debreu (1954) model” has
acquired canonical status for microeconomics. It is a natural candidate
to set the standards of “general equilibrium” in macroeconomics as well,
with the prospect of methodological reunification of micro- and macro-
theories.
