We show that a significant number of households can perform a tax arbitrage by cutting back on their additional … arbitrage …

In this paper, we investigate empirically the well-known put-call parity no-arbitrage relation in the presence of short …

across locations. Since the spatial no arbitrage condition is inherently imprecise, other economists have turned to different … no arbitrage conditions, such as the prediction that individuals must be indifferent between owning and renting. This … paper argues the predictions from these non-spatial, financial no arbitrage conditions are also quite imprecise. Owned homes …

-temporal arbitrage opportunities, but these opportunities remain largely unexploited: small-scale farmers are commonly observed to "sell …

The price-amenity arbitrage is a cornerstone of spatial economics, as the response of land and house prices to shifts … amenities. With informational, time, and cash constraints, households' ability to arbitrage across locations with different …

rates with the same maturity. Under standard assumptions this implies the existence of arbitrage opportunities. This paper … presents a model for pricing interest rate swaps where frictions for holding bonds limit arbitrage. I show analytically that …

arbitrage opportunity because they can defer Social Security and have higher income in all future years. Arbitrage exists for …