Asset market equilibrium with short-selling and differential information [PDF]
We introduce differential information in the asset market model studied by Cheng (1991), Dana and Le Van (1996) and Le Van and Truong Xuan (2001). An equilibrium existence result is proven assuming that the economy's information structure satisfies the ...
Yiannis Vailakis +2 more
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The History of Macroeconomics from Keynes’s General Theory to the Present [PDF]
This paper is a contribution to the forthcoming Edward Elgar Handbook of the History of Economic Analysis volume edited by Gilbert Faccarello and Heinz Kurz.
Pierre MALGRANGE, Michel DE VROEY
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Noncooperative oligopoly in markets with a continuum of traders : a limit theorem [PDF]
In this paper, in an exchange economy with atoms and an atomless part, we analyze the relationship between the set of the Cournot-Nash equilibrium allocations of a strategic market game and the set of the Walras equilibrium allocations of the exchange ...
Busetto, Francesca +2 more
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Treasury inconvenience yields during the COVID-19 crisis. [PDF]
He Z, Nagel S, Song Z.
europepmc +1 more source
In intermediate goods markets, both buyers and sellers normally have market power, and sales are based on bilaterally negotiated contracts specifying both price and quantity.
Stennek, Johan, Björnerstedt, Jonas
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The impact of India-ASEAN free trade agreement on trade flows: An application of augmented gravity model. [PDF]
Arote P +5 more
europepmc +1 more source
A Quantal Response Statistical Equilibrium Model of Induced Technical Change in an Interactive Factor Market: Firm-Level Evidence in the EU Economies. [PDF]
Yang J.
europepmc +1 more source
The specter of irreparable ignorance: counterfactuals and causality in economics. [PDF]
DeMartino GF.
europepmc +1 more source
Properties of bundle valuations in carrier collaboration. [PDF]
Vetschera R, Knyazev D, Rehsmann D.
europepmc +1 more source
Wassily Leontief and Léon Walras: the Production as a Circular Flow [PDF]
Leontief’s input-output models are usually viewed as simplified classical (neo-Ricardian) models. However, this interpretation hides two opposed views. On the one hand, the common interpretation, based on Koopmans and Samuelson’s works, considers the so ...
Lallement, Jérôme, Akhabbar, Amanar
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