Showing 1 - 10 of 12,035
This paper provides an incomplete markets model with oligopolistic competition among an endogenous number of producers. The model matches the empirical distribution of income and wealth in the United States. The interaction between oligopolistic competition and incomplete markets reconciles the...
Persistent link: https://www.econbiz.de/10012895301
Persistent link: https://www.econbiz.de/10010205797
Persistent link: https://www.econbiz.de/10010376455
Persistent link: https://www.econbiz.de/10003373169
Persistent link: https://www.econbiz.de/10012034245
Persistent link: https://www.econbiz.de/10014574966
The paper analyses the effects of income concentration on the behaviour of a duopoly with vertical product …
Persistent link: https://www.econbiz.de/10014055812
The weak empirical evidence linking diversification and international equity flows calls into question the … diversification paradigm at the international level and the analytical framework it implies. Using a novel measure of diversification … the role that diversification opportunities play in the determination of international equity flows. Using the concept of …
Persistent link: https://www.econbiz.de/10013145123
The aim of this paper is to shed new light on the concept of diversification showing that it is not necessarily related … to the reduction of the volatility of a portfolio, as it is commonly perceived. We introduce a diversification index that … exploits the decomposition of portfolio volatility into undiversified volatility and a diversification component. The …
Persistent link: https://www.econbiz.de/10012831045
measurement of inequality, concentration, and diversification into one system, where diversification is measured as the inverse of …. The Tideman-Hall concentration index also provides indexes of concentration, diversification and inequality as functions …
Persistent link: https://www.econbiz.de/10012766555