Results 11 to 20 of about 3,605,278 (300)
Oligopolistic equilibrium and financial constraints [PDF]
The RAND Journal of Economics, 2011 AbstractWe model a dynamic duopoly in which firms can potentially drive their rivals from the market. For some parameter values, the Cournot equilibrium outcome cannot be sustained in an infinitely repeated setting. In those cases, there is a Markov perfect equilibrium in mixed strategies in which one firm, eventually, will exit the market with ...
Carmen Beviá, Luis C. Corchón, Yosuke
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EQUILIBRIUM ASSET RETURNS IN FINANCIAL MARKETS [PDF]
International Journal of Theoretical and Applied Finance, 2018 Return distributions in the class of pure jump limit laws are observed to reflect numerous asymmetries between the upward and downward motions of asset prices. The return distributions are modeled by self-decomposable parametric laws with all parameters continuously responding to each other.
DILIP B. MADAN, WIM SCHOUTENS
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Two-sided career concern and financial equilibrium [PDF]
, 2009 This brief paper constructs a model of delegated portfolio management in which two agency relationships are characterized. First, a delegation process from investors to fund companies, and second, a delegation from fund companies to fund managers ...
Yolanda Portilla +4 more
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Approach of the Financial Equilibrium in the Context of Challenges on the Romanian Energy Market
Buletinul Ştiinţific al Academiei Trupelor de Uscat, 2022 In the context of the last turbulent three years, the energy industry in Romania had to face additional problems, due to the liberalization of the energy market.
Vasiu Diana-Elena
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A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2021 The article draws on how public debt influences financial equilibrium of six Romanian counties during a time span of one decade (2007–2016). By means of panel data analyses conducted via panel estimated generalized least squares with cross-section ...
BATRANCEA LARISSA
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Convex analysis and financial equilibrium
Mathematical Programming, 2014 The authors develop a financial equilibrium model in which the agents are concerned only with the amounts of money which they will be able to secure for their use in the present and future under uncertainties. The present is represented by the state \(s=0\) and the future by a finite set of possible states \(s=1,\dots,S\).
Alejandro Jofré +2 more
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Equilibrium analysis, banking and financial instability [PDF]
Journal of Mathematical Economics, 2003 This paper first extends the canonical General Equilibrium with Incomplete Markets (GEI) model with money and default to allow for competitive banking and financial instability. Second, it introduces capital requirements for the banking sector to assess the short and medium term macroeconomic consequences of the proposed New Basel Accord.
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On the Stability of an Islamic Financial System
PSL Quarterly Review, 2014 In an Islamic economy, the financial sector functions to support the real sector. There are no interest rate based debt instruments. Financial assets are based on risk and return sharing and are contingent claims.
Hossein Askari +2 more
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Mathematics, 2021 The matter of fiscal pressure is more current than ever in most countries around the world for various reasons. In the first place, disruptive phenomena such as financial crises put tremendous pressure on worldwide economies. Secondly, high taxes trigger
Larissa Batrancea
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ASPECTS OF FINANCIAL EQUILIBRIUM ANALYSIS AND ITS IMPLICATIONS IN MANAGEMENT DECISIONS
Studies and Scientific Researches: Economics Edition, 2013 Considering the impact of risk factors in the economic environment, this study provides to all users of financial information a possible pattern for analyzing the financial equilibrium, designed to clarify the importance of dynamic analysis of indicators
Daniela Cristina Solomon +1 more
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