On equilibrium existence with endogenous restricted financial participation

B-Tier
Journal: Journal of Mathematical Economics
Year: 2011
Volume: 47
Issue: 1
Pages: 37-42

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:mateco:v:47:y:2011:i:1:p:37-42
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29