Collateral avoids Ponzi schemes in incomplete markets

dc.contributor.author	Pascoa, Mario Rui
dc.contributor.author	Araújo, Aloísio Pessoa de
dc.contributor.author	Torres-Martínez, Juan Pablo
dc.date.accessioned	2008-05-13T15:29:04Z
dc.date.accessioned	2010-09-23T18:57:15Z
dc.date.available	2008-05-13T15:29:04Z
dc.date.available	2010-09-23T18:57:15Z
dc.date.issued	2001-05-01
dc.identifier.issn	0104-8910
dc.identifier.uri	http://hdl.handle.net/10438/646
dc.description.abstract	Without 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.	eng
dc.language.iso	eng
dc.publisher	Escola de Pós-Graduação em Economia da FGV	por
dc.relation.ispartofseries	Ensaios Econômicos;419	por
dc.subject	Exogenous collateral	por
dc.subject	Incomplete markets	por
dc.subject	Infinit horizons	por
dc.subject	Ponzi schemes	por
dc.subject	Equilibrium	por
dc.title	Collateral avoids Ponzi schemes in incomplete markets	eng
dc.type	Working Paper	eng
dc.subject.area	Economia	por
dc.contributor.unidadefgv	Escolas::EPGE	por
dc.subject.bibliodata	Economia	por
dc.subject.bibliodata	Equilíbrio econômico	por
dc.contributor.affiliation	FGV