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Existence of Equilibrium for Segmented Markets Models with Interest Rate Monetary Policies

Occhino, Filippo - 2004

characteristic assumption is that some households never participate in financial markets. This paper proves the existence of an …, including output itself. The assumptions required for existence constrain the maximum value and the variability of the nominal …

Persistent link: https://www.econbiz.de/10010263231

Convexity and complementarity in network formation: Implications for the structure of pairwise stable networks

Hellmann, Tim - 2009

This paper studies the properties of convexity (concavity) and strategic complements (substitutes) in network formation and the implications for the structure of pairwise stable networks. First, different definitions of convexity (concavity) in own links from the literature are put into the...

Persistent link: https://www.econbiz.de/10010272600

Existence, uniqueness and computation of solutions to dynamic models with occasionally binding constraints

Holden, Tom D. - 2016 - This version: 09 February 2016

We present the first necessary and sufficient conditions for the existence of a unique perfect-foresight solution … conditions on the existence of a solution in such models, and provide a proof of the inescapability of the "curse of …

Persistent link: https://www.econbiz.de/10011427963