Endogenous differential information in financial markets
Author
dc.contributor.author
Cea Echenique, Sebastián
Author
dc.contributor.author
Torres Martínez, Juan Pablo
Admission date
dc.date.accessioned
2017-05-17T20:29:50Z
Available date
dc.date.available
2017-05-17T20:29:50Z
Publication date
dc.date.issued
2010
Cita de ítem
dc.identifier.citation
Series Documentos de Trabajo No. 312, Julio, 2010
es_ES
Identifier
dc.identifier.uri
https://repositorio.uchile.cl/handle/2250/143986
Abstract
dc.description.abstract
We develop a two period general equilibrium model with incomplete financial markets
and differential information. Making endogenous the traditional informational restriction on consumption,
we allow agents to obtain information from physical and financial markets. Thus, the
investment in financial promises and the trade of commodities in spot markets appear as natural
channels to improve the information that an agent has about the realization of future states of
nature.
es_ES
Lenguage
dc.language.iso
en
es_ES
Publisher
dc.publisher
Universidad de Chile, Facultad de Economía y Negocios