Global Identification from the equilibrium Manifold under Incomplete markets

We show that even under incomplete markets, the equilibrium manifold identifies individual demands everywhere in their domains. For this, we assume conditions of smoothness, interiority and regularity, but avoid implausible observational requirements. It is crucial that there be date-zero consumption. As a by-product, we develop some duality theory under incomplete markets

MoreLess

Year of publication:	2004-08-11
Authors:	Carvajal, Andres ; Riascos, Alvaro
Institutions:	Econometric Society
Subject:	Identification \| Incomplete Markets

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Econometric Society 2004 Latin American Meetings.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series Econometric Society Latin American Meetings 2004 Number 225
Classification:	D52 - Incomplete Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005129781