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Persistent link: https://www.econbiz.de/10003866035

Extractive bribe and default in subsidized credit programs

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Insiders' hedging in a stochastic volatility model

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Indeterminacy of rational expectations equilibria in sequential financial markets

Donati, Paola - 2003

We provide a general characterization of the structure of rational expectations equilibria of any degree of revelation for pure exchange, sequential economies, with deffinitely many states of private information, an incomplete financial market and nominal assets. We estimate the dimension of the...

Persistent link: https://www.econbiz.de/10009635915