Competitive equilibrium with incomplete financial markets
From MaRDI portal
Publication:854956
DOI10.1016/j.jmateco.2006.04.008zbMath1141.91425OpenAlexW3124304139MaRDI QIDQ854956
Publication date: 7 December 2006
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
Full work available at URL: https://economics.sas.upenn.edu/sites/default/files/filevault/working-papers/06-010.pdf
Lua error in Module:PublicationMSCList at line 37: attempt to index local 'msc_result' (a nil value).
Related Items (35)
Credit market segmentation, essentiality of commodities, and supermodularity ⋮ \(T\)-period economies with incomplete markets ⋮ Competitive equilibrium of incomplete markets for securities with smooth payoffs ⋮ A simple method for computing equilibria when asset markets are incomplete ⋮ Variational formulation of a general equilibrium model with incomplete financial markets and numeraire assets: existence ⋮ Equilibrium in incomplete markets. II: Generic existence in stochastic economies ⋮ Partially revealing rational expectations equilibria with nominal assets ⋮ Submodular financial markets with frictions ⋮ Existence of competitive equilibrium with incomplete markets ⋮ Musings on the Cass trick ⋮ Generic existence of competitive equilibria when the asset market is incomplete: A symmetric argument ⋮ Financial innovation, precautionary saving and the risk-free rate ⋮ Incomplete financial markets with real assets and wealth-dependent credit limits ⋮ Restricted participation on financial markets: a general equilibrium approach using variational inequality methods ⋮ Incomplete financial markets model with nominal assets: variational approach ⋮ Introduction to general equilibrium ⋮ Price impact under heterogeneous beliefs and restricted participation ⋮ Credit segmentation in general equilibrium ⋮ Reduced equivalent form of a financial structure ⋮ An introduction to general equilibrium with incomplete asset markets ⋮ Structure of financial markets and real indeterminacy of equilibria ⋮ The structure of financial equilibrium with exogenous yields. The case of restricted participation ⋮ Slack in incomplete markets with nominal assets: A symmetric proof ⋮ A smooth homotopy method for incomplete markets ⋮ Endogenous differential information ⋮ Eliminating useless portfolios in constrained financial economies ⋮ General economic equilibrium with financial markets and retainability ⋮ Determination of general equilibrium with incomplete markets and default penalties ⋮ Arbitrage and equilibrium with portfolio constraints ⋮ General equilibrium with endogenously incomplete financial markets ⋮ Rational expectations equilibria in sequence economies with symmetric information: The two-period case ⋮ The existence of security market equilibrium with a non-atomic state space ⋮ Equilibrium with incomplete markets without ordered preferences ⋮ Existence of financial equilibria with restricted participation ⋮ Characterizing useless-free financial structures
Cites Work
- Unnamed Item
- Equilibrium in a discrete exchange economy with money
- On the optimality of equilibrium when the market structure is incomplete
- A characterization of the optimality of equilibrium in incomplete markets
- On the Existence of General Equilibrium for a Competitive Market
- Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets
This page was built for publication: Competitive equilibrium with incomplete financial markets