Browsing FGV EPGE - Ensaios Econômicos by Author "Raad, Rodrigo Jardim"

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Approximate recursive equilibrium with minimal state space

Raad, Rodrigo Jardim
2013-02-26

This paper shows existence of approximate recursive equilibrium with minimal state space in an environment of incomplete markets. We prove that the approximate recursive equilibrium implements an approximate sequential ...
Exogenous expectations on endogenous uncertainty: recursive equilibrium and survival

Raad, Rodrigo Jardim
2011-04-18

This paper analyses general equilibrium models with finite heterogeneous agents having exogenous expectations on endogenous uncertainty. It is shown that there exists a recursive equilibrium with the state space consisting ...