Now showing items 1-2 of 2

    • On equilibrium existence with endogenous restricted financial participation 

      Seghir, Abdelkrim; Torres Martínez, Juan Pablo (Elsevier, 2011)
      Without requiring either financial survival assumptions or linear spanning conditions over financial spaces, we prove equilibrium existence in an abstract incomplete market economy with endogenous restricted financial ...
    • Wealth transfers and the role of collateral when lifetimes are uncertain 

      Seghir, Abdelkrim; Torres Martínez, Juan Pablo (Springer, 2008)
      We develop a general equilibrium model of wealth transfers in the presence of uncertain lifetimes and default. Without introducing exogenous debt constraints, agents are allowed to make collateral-backed promises at any ...