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
收藏
页码：349 / 371
页数：22
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