On equilibrium existence with endogenous restricted financial participation

Abdelkrim Seghir and Juan Pablo Torres-Martinez

Working Papers from University of Chile, Department of Economics

Abstract: Allowing for durable commodities, we prove equilibrium existence in an abstract incomplete market economy with endogenous restricted financial participation without requiring financial survival assumptions. We apply our results to general financial structures including nominal, real and collateralized asset markets.

Keywords: Equilibrium; Incomplete markets; Endogenous restricted nancial participation (search for similar items in EconPapers)
JEL-codes: D52 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2010-07
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.econ.uchile.cl/uploads/publicacion/fb37 ... 539ef594602e406c.pdf (application/pdf)

Related works:
Journal Article: On equilibrium existence with endogenous restricted financial participation (2011)
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:udc:wpaper:wp316

Access Statistics for this paper

More papers in Working Papers from University of Chile, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Mohit Karnani ().