Consumption dynamics in general equilibrium: a characterisation when markets are incomplete

DOI10.1016/j.jet.2010.03.007zbMath1229.91207MaRDI QIDQ617671

Subir Chattopadhyay, Pablo F. Beker

Publication date: 13 January 2011

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://ageconsearch.umn.edu/record/271187/files/twerp_921.pdf

zbMATH Keywords

survival; general equilibrium; consumption; asset prices; market selection hypothesis; dynamically incomplete markets

Mathematics Subject Classification ID

91B50: General equilibrium theory

91B55: Economic dynamics

Related Items

Incomplete financial markets and jumps in asset prices, Market selection, Consumption dynamics in general equilibrium: a characterisation when markets are incomplete, Belief heterogeneity and survival in incomplete markets, Are biased beliefs fit to survive? An experimental test of the market selection hypothesis, Long-run heterogeneity in an exchange economy with fixed-mix traders, Market selection with an endogenous state, Survival with ambiguity, The market organism: Long-run survival in markets with heterogeneous traders, Momentum and reversal in financial markets with persistent heterogeneity, Survival in speculative markets

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