Truman F. Bewley, 1941-

Major Works of Truman F. Bewley

• "A Theorem on the Existence of Competitive Equilibria in a Market with a Finite Number of Agents and Whose Commodity Space is L_inf", 1969, in M.A. Khan and N.C.Yannelis, editors, 1991, Equilibrium Theory in Infinite Dimensional Space.
• "Existence of Equilibria in Economies with Infinitely Many Commodities", 1972, JET.
• "Edgeworth's Conjecture", 1973, Econometrica.
• "Equality of the Core and Set of Equilibria in Economies with Infinitely Many Commodities and a Continuum of Agents", 1973, IER.
• "The Asymptotic Theory of Stochastic Games", with E. Kohlberg, 1976, Mathem of Operations Research
• "The Asymptotic Solution of a Recursion Equation Occurring in Stochastic Games", with E. Kohlberg, 1976, Mathem of Operations Research
• "On Stochastic Games with Stationary Optimal Strategies", with E. Kohlberg, 1978, Mathem of Operations Research
• "The Permanent Income Hypothesis: A theoretical formulation", 1977, JET
• "The Optimum Quantity of Money", 1980, in Kareken and Wallace, editors, Models of Monetary Economies
• "Stationary Equilibrium", 1981, JET
• "A Critique of Tiebout's Theory of Local Public Expenditures", 1981, Econometrica
• "An Integration of Equilibrium Theory and Turnpike Theory", 1982, JMathE
• "A Difficulty with the Optimum Quantity of Money", 1983, Econometrica
• "Fiscal and Monetary Policy in a General Equilibrium Model", 1984.
• "Dynamic Implications of the Form of the Budget Constraint", 1986, in Sonnenschein, editor, Models of Economic Dynamics.
• "A Very Weak Theorem on the Existence of Equilibria in Atomless Economies with Infinitely Many Commodities", 1991, in in M.A. Khan and N.C.Yannelis, editors, Equilibrium Theory in Infinite Dimensional Space.
• A Depressed Labor Market as Explained by Participants", 1995, AER
• "Why Not Cut Pay?" 1998, European ER.
• Why Wages Don't Fall in a Recession, 1999 
• "Work Motivation"

Resources on T.F. Bewley

• HET Pages: Equilibrium with Infinite Commodities, Core Convergence, 
• Truman Bewley's Homepage at Yale Univ. 
• Truman Bewley's Homepage at Cowles Foundation
• "Why Wages do Not Fall in Recessions," The Economist, February 26, 2000.
• "The Human Variables: Review of Bewley" by Cass Sunstein, 2000, New Republic
• Why Wages Don't Fall Homepage at Harvard University Press
• Bewley page at Northwestern