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The number of equilibria of smooth infinite economies with separable utilities

Covarrubias, Enrique (2008): The number of equilibria of smooth infinite economies with separable utilities.

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Abstract

We construct an index theorem for smooth infinite economies with separable utilities that shows that generically the number of equilbria is odd. As a corollary, this gives a new proof of existence and gives conditions that guarantee global uniqueness of equilibria.

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