OXFORD 9000
📚 verb • entry_id 45163

equilibrate

/iːkwɪˈlɪbɹeɪt/
Meanings (ES + gloss)
equilibrar
To balance, or bring into equilibrium.
The perfectly competitive new classical models that we analyzed in chapters 13 and 14 are examples of DSGE models in which wages and prices are perfectly flexible and equilibrate b…
[Walras] was well aware of the indirect influences of the changes in the other prices, but he assumed that these influences were some equilibrating and some disequilibrating, so th…