General equilibrium with endogenous trading constraints.

In a competitive model where agents are subject to endogenous trading constraints, we make the access to financial trade dependent on prices and consumption decisions. Our framework is compatible with the existence of both credit market segmentation and market exclusion. In this context, we show equ...

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Bibliographic Details
Main Authors: Sebastián Cea-Echenique, Juan Pablo Torres-Martínez
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2018-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC6141088?pdf=render