The introduction of real-cash balances into the neoclassical model of the consumer wrecks havoc, in general, on the empirically observable refutable comparative statics properties of the model. We ...

The Southern Economic Journal features original, refereed scholarly articles in all areas of economics as well as contributions on the pedagogy of economics. The journal also contains occasional ...

The material below and on this web site was originally created in 2000 and published in The Journal of Economic Education Volume 32, Number 4 / Fall 2001 Pages: 397 - 397. The web site was originally ...

Citations: Swinkels, Jeroen, Hector Chade. 2020. The No-Upward-Crossing Condition, Comparative Statics, and the Moral Hazard Problem. Theoretical Economics.