T-PERIOD ECONOMIES WITH INCOMPLETE MARKETS

Authors
FLORENZANO M GOURDEL P
Citation
M. Florenzano et P. Gourdel, T-PERIOD ECONOMIES WITH INCOMPLETE MARKETS, Economics letters, 44(1-2), 1994, pp. 91-97
Citations number
10
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
44
Issue
1-2
Year of publication
1994
Pages
91 - 97
Database
ISI
SICI code
0165-1765(1994)44:1-2<91:TEWIM>2.0.ZU;2-I
Abstract
A very simple proof is given for the existence of stochastic equilibri a in a T-period economy with an incomplete financial structure.