Browsing by Subject "Equilibrium"
Now showing items 1-2 of 2
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(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 ...
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(Oxford University Press, 2016)This paper links microeconomic rigidities and technological adoption to propose a partial explanation for the observed differences in income per capita across countries. The paper first presents a neoclassical general ...