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Persistent link: https://www.econbiz.de/10005597821
derivatives), we show that in order to get endowment generic existence of an equilibrium it is not needed to alter settlement … commodity forward contracts lead to endowment generic existence of an equilibrium in a multiperiod set-up. …
Persistent link: https://www.econbiz.de/10005597864
Persistent link: https://www.econbiz.de/10005753400
This paper presents sufficient conditions for the existence of a unique and globally stable steady state equilibrium …
Persistent link: https://www.econbiz.de/10005753417
This paper shows the robust non-existence of competitive equilibria even in a simple three period representative agent …
Persistent link: https://www.econbiz.de/10010634232