Browsing Produção Intelectual em Bases Externas by Title "Financial markets with endogenous transaction costs"

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    • Financial markets with endogenous transaction costs 

      Martins-da-Rocha, Victor Filipe; Vailakis, Yiannis
      2010-10
      The paper proposes an alternative general equilibrium formulation of financial asset economies with transaction costs. Transaction costs emerge endogenously at equilibrium and reflect agents' decisions of intermediating ...