Analyze the equilibrium of the economy in section 211, Econometrics

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Analyze the equilibrium of the economy in section 211

Analyze the equilibrium of the economy in Section 21.1, relaxing the assumption that each individual has to invest either all or none of his wealth in the risky saving technology. Does this generalization affect the qualitative results derived in the text?

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Econometrics: Analyze the equilibrium of the economy in section 211

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Econometrics: Analyze the equilibrium of the economy in section 211

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