Description Usage Arguments Details Value Author(s) References Examples
This function computes a Leontief monetary demand coefficient matrix in a monetary economy.
1 | Leontief_mA(A.pre, p)
|
A.pre |
a numeric n-by-m matrix. |
p |
a nonnegative numeric n-vector or n-by-1 matrix. |
Some elements of A corresponding to money equal -1.
A n-by-m matrix is computed which indicates the (monetary) demand structure of agents (firms or consumers) with Leontief production functions or utility functions under the price vector p.
LI Wu <liwu@staff.shu.edu.cn>
LI Wu (2019, ISBN: 9787521804225) General Equilibrium and Structural Dynamics: Perspectives of New Structural Economics. Beijing: Economic Science Press. (In Chinese)
1 2 3 4 5 6 7 | A.pre <- matrix(c(
0.5, 1, 1,
0.1, 0, 0,
-1, -1, -1
), 3, 3, TRUE)
p <- c(1, 2, 0.1)
Leontief_mA(A.pre, p)
|
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