The asset market is incomplete. Fix-price equilibria exist. Price regulation Pareto improves on a competitive allocation
When the asset market is incomplete, there typically exist taxes on trades in assets and a redistrib...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
In this paper we develop a differential technique for investigating the welfare effects of financial...
Discussion paper - CORE, Université Catholique de Louvain, n° 9841The asset market is incomplete. Fi...
When the asset market is incomplete, competitive equilibria are constrained suboptimal, which provid...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
Summary. Incomplete asset markets cause competitive equilibria to be con-strained suboptimal and pro...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
Pareto-improving price regulation when the asset market is incomplete: An example P. J. J. Herings ∗...
Summary. Incomplete asset markets cause competitive equilibria to be con-strained suboptimal and pro...
Incomplete asset markets cause competitive equilibria to be constrained suboptimal and provides scop...
Incomplete asset markets cause competitive equilibria to be constrained suboptimal and provides scop...
When the asset market is incomplete, there typically exist taxes on trades in assets that are Pareto...
When asset markets are incomplete there are almost always many Pareto improving policy interven-tion...
Let assets be denominated in an a priori specified numeraire. Whether or not the asset is complete, a...
When the asset market is incomplete, there typically exist taxes on trades in assets and a redistrib...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
In this paper we develop a differential technique for investigating the welfare effects of financial...
Discussion paper - CORE, Université Catholique de Louvain, n° 9841The asset market is incomplete. Fi...
When the asset market is incomplete, competitive equilibria are constrained suboptimal, which provid...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
Summary. Incomplete asset markets cause competitive equilibria to be con-strained suboptimal and pro...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
Pareto-improving price regulation when the asset market is incomplete: An example P. J. J. Herings ∗...
Summary. Incomplete asset markets cause competitive equilibria to be con-strained suboptimal and pro...
Incomplete asset markets cause competitive equilibria to be constrained suboptimal and provides scop...
Incomplete asset markets cause competitive equilibria to be constrained suboptimal and provides scop...
When the asset market is incomplete, there typically exist taxes on trades in assets that are Pareto...
When asset markets are incomplete there are almost always many Pareto improving policy interven-tion...
Let assets be denominated in an a priori specified numeraire. Whether or not the asset is complete, a...
When the asset market is incomplete, there typically exist taxes on trades in assets and a redistrib...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
In this paper we develop a differential technique for investigating the welfare effects of financial...