Collateral avoids Ponzi schemes in incomplete markets

dc.contributorEscolas::EPGE
dc.contributorFGV
dc.creatorPascoa, Mario Rui
dc.creatorAraújo, Aloísio Pessoa de
dc.creatorTorres-Martínez, Juan Pablo
dc.date.accessioned2008-05-13T15:29:04Z
dc.date.accessioned2010-09-23T18:57:15Z
dc.date.accessioned2019-05-22T14:01:11Z
dc.date.available2008-05-13T15:29:04Z
dc.date.available2010-09-23T18:57:15Z
dc.date.available2019-05-22T14:01:11Z
dc.date.created2008-05-13T15:29:04Z
dc.date.created2010-09-23T18:57:15Z
dc.date.issued2001-05-01
dc.identifier0104-8910
dc.identifierhttp://hdl.handle.net/10438/646
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/2689167
dc.description.abstractWithout introducing neither debt constraints nor transversality conditions to avoid the possibility of Ponzi schemes, we show existence of equilibrium in an incomplete markets economy with a collateral structure.
dc.languageeng
dc.publisherEscola de Pós-Graduação em Economia da FGV
dc.relationEnsaios Econômicos;419
dc.subjectExogenous collateral
dc.subjectIncomplete markets
dc.subjectInfinit horizons
dc.subjectPonzi schemes
dc.subjectEquilibrium
dc.titleCollateral avoids Ponzi schemes in incomplete markets
dc.typeDocumentos de trabajo


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