Matches in SemOpenAlex for { <https://semopenalex.org/work/W3126076107> ?p ?o ?g. }
Showing items 1 to 83 of
83
with 100 items per page.
- W3126076107 abstract "Abstract This paper analyzes one-good exchange economies with two infinitely lived agents and incomplete markets. It is shown that there are no recursive (Markov) equilibria for which borrowing (debt) constraints never bind if the state space of exogenous and endogenous variables is a compact subset of R n . Moreover, for large enough (but finite) borrowing limits, no recursive equilibrium with compact state space exists. These non-existence results hold for any economy satisfying the following standard assumptions: preferences are additively separable across time and states; the one-period utility function is time- and state-independent and unbounded from below; endowments are bounded and follow a Markov chain with stationary transition matrix; there is some idiosyncratic risk and no aggregate risk." @default.
- W3126076107 created "2021-02-01" @default.
- W3126076107 creator A5057157099 @default.
- W3126076107 date "2002-01-01" @default.
- W3126076107 modified "2023-09-27" @default.
- W3126076107 title "Non-Existence of Recursive Equilibria on Compact State Spaces When Markets are Incomplete" @default.
- W3126076107 hasPublicationYear "2002" @default.
- W3126076107 type Work @default.
- W3126076107 sameAs 3126076107 @default.
- W3126076107 citedByCount "0" @default.
- W3126076107 crossrefType "posted-content" @default.
- W3126076107 hasAuthorship W3126076107A5057157099 @default.
- W3126076107 hasConcept C105795698 @default.
- W3126076107 hasConcept C109354906 @default.
- W3126076107 hasConcept C111919701 @default.
- W3126076107 hasConcept C11413529 @default.
- W3126076107 hasConcept C134306372 @default.
- W3126076107 hasConcept C136969773 @default.
- W3126076107 hasConcept C144237770 @default.
- W3126076107 hasConcept C149782125 @default.
- W3126076107 hasConcept C159985019 @default.
- W3126076107 hasConcept C162324750 @default.
- W3126076107 hasConcept C175444787 @default.
- W3126076107 hasConcept C192562407 @default.
- W3126076107 hasConcept C2778572836 @default.
- W3126076107 hasConcept C33923547 @default.
- W3126076107 hasConcept C34388435 @default.
- W3126076107 hasConcept C41008148 @default.
- W3126076107 hasConcept C4679612 @default.
- W3126076107 hasConcept C48103436 @default.
- W3126076107 hasConcept C49555168 @default.
- W3126076107 hasConcept C70710897 @default.
- W3126076107 hasConcept C72434380 @default.
- W3126076107 hasConcept C98763669 @default.
- W3126076107 hasConceptScore W3126076107C105795698 @default.
- W3126076107 hasConceptScore W3126076107C109354906 @default.
- W3126076107 hasConceptScore W3126076107C111919701 @default.
- W3126076107 hasConceptScore W3126076107C11413529 @default.
- W3126076107 hasConceptScore W3126076107C134306372 @default.
- W3126076107 hasConceptScore W3126076107C136969773 @default.
- W3126076107 hasConceptScore W3126076107C144237770 @default.
- W3126076107 hasConceptScore W3126076107C149782125 @default.
- W3126076107 hasConceptScore W3126076107C159985019 @default.
- W3126076107 hasConceptScore W3126076107C162324750 @default.
- W3126076107 hasConceptScore W3126076107C175444787 @default.
- W3126076107 hasConceptScore W3126076107C192562407 @default.
- W3126076107 hasConceptScore W3126076107C2778572836 @default.
- W3126076107 hasConceptScore W3126076107C33923547 @default.
- W3126076107 hasConceptScore W3126076107C34388435 @default.
- W3126076107 hasConceptScore W3126076107C41008148 @default.
- W3126076107 hasConceptScore W3126076107C4679612 @default.
- W3126076107 hasConceptScore W3126076107C48103436 @default.
- W3126076107 hasConceptScore W3126076107C49555168 @default.
- W3126076107 hasConceptScore W3126076107C70710897 @default.
- W3126076107 hasConceptScore W3126076107C72434380 @default.
- W3126076107 hasConceptScore W3126076107C98763669 @default.
- W3126076107 hasLocation W31260761071 @default.
- W3126076107 hasOpenAccess W3126076107 @default.
- W3126076107 hasPrimaryLocation W31260761071 @default.
- W3126076107 hasRelatedWork W1983532672 @default.
- W3126076107 hasRelatedWork W1990587066 @default.
- W3126076107 hasRelatedWork W1998081744 @default.
- W3126076107 hasRelatedWork W2040205637 @default.
- W3126076107 hasRelatedWork W2062641702 @default.
- W3126076107 hasRelatedWork W2065014897 @default.
- W3126076107 hasRelatedWork W2081204734 @default.
- W3126076107 hasRelatedWork W2081292978 @default.
- W3126076107 hasRelatedWork W2129240702 @default.
- W3126076107 hasRelatedWork W2143953504 @default.
- W3126076107 hasRelatedWork W2243567797 @default.
- W3126076107 hasRelatedWork W2262948890 @default.
- W3126076107 hasRelatedWork W269908668 @default.
- W3126076107 hasRelatedWork W3121390648 @default.
- W3126076107 hasRelatedWork W3121485391 @default.
- W3126076107 hasRelatedWork W3121873676 @default.
- W3126076107 hasRelatedWork W3122168061 @default.
- W3126076107 hasRelatedWork W3198314113 @default.
- W3126076107 hasRelatedWork W2125800834 @default.
- W3126076107 hasRelatedWork W2740856220 @default.
- W3126076107 isParatext "false" @default.
- W3126076107 isRetracted "false" @default.
- W3126076107 magId "3126076107" @default.
- W3126076107 workType "article" @default.