Document Type
Discussion Paper
Publication Date
11-1-1996
CFDP Number
1136
CFDP Pages
18
Abstract
Competitive equilibrium allocations are indeterminate when the net trades in commodities are constrained, while the asset market is incomplete
Recommended Citation
Polemarchakis, Heracles M. and Siconolfi, P., "Prices, Asset Markets and Indeterminacy" (1996). Cowles Foundation Discussion Papers. 1384.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/1384