On equilibrium existence with endogenous restricted financial participation

Abdelkrim Seghir and Juan Pablo Torres-Martinez

Journal of Mathematical Economics, 2011, vol. 47, issue 1, 37-42

Abstract: Abstract Without requiring either financial survival assumptions or linear spanning conditions over financial spaces, we prove equilibrium existence in an abstract incomplete market economy with endogenous restricted financial participation. We apply our results to general financial structures including nominal, real and collateralized asset markets.

Keywords: Equilibrium; Incomplete; markets; Endogenous; restricted; financial; participation (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (22)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0304-4068(10)00137-0
Full text for ScienceDirect subscribers only

Related works:
Working Paper: On equilibrium existence with endogenous restricted financial participation (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:47:y:2011:i:1:p:37-42

Access Statistics for this article

Journal of Mathematical Economics is currently edited by Atsushi (A.) Kajii

More articles in Journal of Mathematical Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().