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Volumn 24, Issue 4, 2004, Pages 789-809

Aggregate risk sharing and equivalent financial mechanisms in an endowment economy of incomplete participation

Author keywords

Aggregate risk sharing; Dynamic inefficiency; Overlapping generations

Indexed keywords


EID: 7544224410     PISSN: 09382259     EISSN: None     Source Type: Journal    
DOI: 10.1007/s00199-004-0477-5     Document Type: Conference Paper
Times cited : (7)

References (13)
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    • Aiyagari, R.1    Peled, D.2
  • 3
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    • Chamley, C.1    Polemarcharkis, H.2
  • 4
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    • Labadie, P.1
  • 5
    • 38249017532 scopus 로고
    • Existence and optimality of currency equilibrium in stochastic overlapping generations models: The pure endowment case
    • Manuelli, R.: Existence and optimality of currency equilibrium in stochastic overlapping generations models: the pure endowment case. Journal of Economic Theory 51, 268-94 (1990)
    • (1990) Journal of Economic Theory , vol.51 , pp. 268-294
    • Manuelli, R.1
  • 6
    • 7544224134 scopus 로고
    • Efficiency in a monetary economy
    • Muench, T.J.: Efficiency in a monetary economy. Journal of Economic Theory 15, 325-44 (1977)
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    • Muench, T.J.1
  • 7
    • 0000762787 scopus 로고
    • Informational diversity over time and the optimality of monetary equilibria
    • Peled, D.: Informational diversity over time and the optimality of monetary equilibria. Journal of Economic Theory 28, 255-274 (1982)
    • (1982) Journal of Economic Theory , vol.28 , pp. 255-274
    • Peled, D.1
  • 8
    • 0000436324 scopus 로고
    • Stationary pareto optimality of stochastic asset equilibria with overlapping generations
    • Peled, D.: Stationary pareto optimality of stochastic asset equilibria with overlapping generations. Journal of Economic Theory 34, 396-403 (1984)
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    • Peled, D.1
  • 9
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    • Shell, K.: Notes on the economics of infinity. Journal of Political Economy 79(5), 1002-11 (1971)
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    • Shell, K.1
  • 11
    • 85017323992 scopus 로고
    • A Modigliani-Miller theory for open-market operations
    • Wallace, N.: A Modigliani-Miller theory for open-market operations. American Economic Review 71(3), 267-74 (1981)
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    • Wallace, N.1
  • 12
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    • The effects of money supply on economic welfare in the steady state
    • Weiss, L.: The effects of money supply on economic welfare in the steady state. Econometrica 48(3), 565-576 (1980)
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  • 13
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    • Market structure and competitive equilibrium in dynamic economic models
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    • Wright, R.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.