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Competitive equilibrium with asymmetric information : an existence theorem for numeraire assets
Boisdeffre, Lionel De
-
HAL
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2005
In a general equilibrium model of incomplete markets with nominal assets and adverse selection, Cornet-De Boisdeffre (3) introduced refined concepts of "no-arbitrage" prices and equilibria, which extended to the asymmetric information. We now present the model with numeraire assets and study its...
Persistent link: https://www.econbiz.de/10010750811
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2
Competitive equilibrium with asymmetric information : the arbitrage characterization
Boisdeffre, Lionel De
-
HAL
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2005
In a general equilibrium model of incomplete nominal-asset markets and adverse selection, Cornet-De Boisdeffre [3] introduced refined concepts of "no-arbitrage" prices and equilibria, which extended to the asymmetric information setting the classical concepts of symmetric information. In...
Persistent link: https://www.econbiz.de/10010750867
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Measuring Mobility
Cowell, Frank A.
;
Flachaire, Emmanuel
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HAL
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2011
measures over the different status concepts consistent with the same underlying data. We investigate the statistical
inference
…
Persistent link: https://www.econbiz.de/10009643227
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