Asset price volatility in a nonconvex general equilibrium model

DOI10.1007/s001990050239zbMath0909.90056OpenAlexW2086007998MaRDI QIDQ1269791

Costas Azariadis, Shankha Chakraborty

Publication date: 1 November 1998

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s001990050239

zbMATH Keywords

cyclesprivate informationasset price volatilitycostly state verificationexcess price volatilitylifecycle economyset valued equilibrium

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50)

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