Existence of financial equilibria with endogenous short selling restrictions and real assets

被引：4

作者：

Gori M. ^{[1
]}

Pireddu M. ^{[2
]}

Villanacci A. ^{[1
]}

机构：

[1] Dipartimento di Scienze per l’Economia e l’Impresa, Università degli Studi di Firenze, via delle Pandette 9, Firenze

[2] Dipartimento di Matematica e Applicazioni, Università degli Studi di Milano-Bicocca, via Cozzi 53, Milano

来源：

Decisions in Economics and Finance | 2014年 / 37卷 / 2期

关键词：

Financial markets; General equilibrium; Real assets; Restricted participation;

D O I：

10.1007/s10203-013-0144-z

中图分类号：

学科分类号：

摘要：

We consider a model with real assets and restricted participation described by household-specific price-dependent short selling constraints. We show existence of equilibria for all elements in an explicitly characterized large subset of the set of economies. © 2013, Springer-Verlag Italia.

引用

页码：349 / 371

页数：22

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