Discussion paper - CORE, Université Catholique de Louvain, n° 9841The asset market is incomplete. Fix-price equilibria exist. Price regulation Pareto improves on a competitive allocation
Competitive equilibrium allocations are indeterminate when the net trades in commodities are constra...
Cahier de Recherche du Groupe HEC Paris, n° 696At arbitrary prices of commodities and assets, fix-pr...
In this paper we develop a differential technique for investigating the welfare effects of financial...
The asset market is incomplete. Fix-price equilibria exist. Price regulation Pareto improves on a co...
Cahier de Recherche du Groupe HEC Paris, n° 694When the asset market is incomplete, competitive equi...
When the asset market is incomplete, competitive equilibria are constrained suboptimal, which provid...
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...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
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...
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...
Let assets be denominated in an a priori specified numeraire. Whether or not the asset is complete, a...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
Competitive equilibrium allocations are indeterminate when the net trades in commodities are constra...
Cahier de Recherche du Groupe HEC Paris, n° 696At arbitrary prices of commodities and assets, fix-pr...
In this paper we develop a differential technique for investigating the welfare effects of financial...
The asset market is incomplete. Fix-price equilibria exist. Price regulation Pareto improves on a co...
Cahier de Recherche du Groupe HEC Paris, n° 694When the asset market is incomplete, competitive equi...
When the asset market is incomplete, competitive equilibria are constrained suboptimal, which provid...
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...
In a robust example of an economy with an incomplete asset market, price regulation, that operates a...
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...
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...
Let assets be denominated in an a priori specified numeraire. Whether or not the asset is complete, a...
At arbitrary prices of commodities and assets, fix-price equilibria exist under weak assumptions: en...
Competitive equilibrium allocations are indeterminate when the net trades in commodities are constra...
Cahier de Recherche du Groupe HEC Paris, n° 696At arbitrary prices of commodities and assets, fix-pr...
In this paper we develop a differential technique for investigating the welfare effects of financial...