Consumption dynamics in general equilibrium: a characterisation when markets are incomplete
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Publication:617671
DOI10.1016/j.jet.2010.03.007zbMath1229.91207OpenAlexW2161071242MaRDI QIDQ617671
Subir Chattopadhyay, Pablo F. Beker
Publication date: 13 January 2011
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://ageconsearch.umn.edu/record/271187/files/twerp_921.pdf
survivalgeneral equilibriumconsumptionasset pricesmarket selection hypothesisdynamically incomplete markets
Related Items (11)
Incomplete financial markets and jumps in asset prices ⋮ Survival in speculative markets ⋮ Consumption dynamics in general equilibrium: a characterisation when markets are incomplete ⋮ Market selection with an endogenous state ⋮ Belief heterogeneity and survival in incomplete markets ⋮ Market selection ⋮ Are biased beliefs fit to survive? An experimental test of the market selection hypothesis ⋮ Survival with ambiguity ⋮ The market organism: Long-run survival in markets with heterogeneous traders ⋮ Long-run heterogeneity in an exchange economy with fixed-mix traders ⋮ Momentum and reversal in financial markets with persistent heterogeneity
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