Now showing items 1-2 of 2

    • Sequential equilibrium in incomplete markets with long-term debt 

      Jaar Michea, Daniel (Universidad de Chile. Facultad de Economía y Negocios, 2018)
      This paper proves equilibrium existence in an incomplete market sequential economy with finitely-lived debt contracts. Introducing credit constraints limiting agents’ access to liquidity, we show that a competitive ...
    • Underemployment and Queues for Full Time Jobs: Evidence from Chile 

      Puentes E, Esteban; González, Alejandro; Jaar Michea, Daniel (Universidad de Chile, Facultad de Economía y Negocios, 2016)
      This article develops a double selection model in order to test whether part-time workers are excluded from full time jobs (underemployed) or choose to put themselves into distinct labour market segments. Results show ...