Prices, asset markets and indeterminacy
成果类型：
Article
署名作者：
Polemarchakis, HM; Siconolfi, P
署名单位：
Universite Catholique Louvain; Columbia University
刊物名称：
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN：
0022-0531
DOI：
10.1006/jeth.1998.2433
发表日期：
1998
页码：
46-64
关键词：
摘要：
Competitive equilibrium allocations are indeterminate when the net trades in commodities are constrained, while the asset market is incomplete. The model encompasses economies with deferred payment for commodities, economies with nominal assets, and economies with bundling of commodities and assets. (C) 1998 Academic Press