paradigms which may provide underpinnings for ILAs : the asset-based view versus capability-based view. In section 2 we analyze …

with the invariant method. These effects are not present in a simple search model in which individuals are influenced by …

We simulate a closed rental housing market with search and matching frictions, in which both landlord and tenant agents … search accepting residences based on their idiosyncratic tastes for housing and a disagreement point derived from information … on the distribution of offers. The steady state to which the simulation evolves shows price dispersion, nonzero search …

of increased product market competition. Unlike most macroeconomic models of search, we endogenize the labor supply along …

We study the liquidity, defined as the size of the trading volume, in a situation where an infinite number of agents … the expected wealth from trading. The "true" asset price is not known and the market price is set at a level that clears …

We propose a tractable framework for quantifying the impact of fire sales on the volatility and correlations of asset … returns in a multi-asset setting. Our results enable to quantify the impact of fire sales on the covariance structure of asset … conditions for the identifiability of model parameters from time series of asset prices, propose an estimator for the magnitude …

We study the liquidity, de ned as the size of the trading volume, in a situation where an in nite number of agents with … wealth from trading. The \true" asset price is not known and the market price is set at a level that clears the market. We …