Incomplete Markets
Mostrando 13-21 de 21 artigos, teses e dissertações.
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13. Endogenous Transaction Costs
The paper proposes an alternative general equilibrium formulation of financial asset economies with transactions costs. Transaction costs emerge endogenously at equilibrium and reflect agents decisions of intermediating financial activities at the expense of providing labor services. An equilibrium is shown to exist in the case of real asset structures.
Publicado em: 28/10/2008
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14. The democracy issue in the within the framework of political theory: the battle between the liberal sham an the emancipatory perspective of marxist tradition / A questão da democracia no quadro da teoria política: a peleja entre os simulacros liberais e a perspectiva emancipatória da tradição marxista.
The social changes caused by the new stage of capitals accumulation, with the expansion of markets logic in increasingly large areas of human life (causing macroeconomic impacts that accentuate poverty, social inequality and economic inequity, causing mass unemployment, impoverishment and social exclusion in both nationally and internationally), faced by the
Publicado em: 2008
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15. Corporate capital structure revisited: incomplete markets and default
Publicado em: 11/04/2007
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16. InadimplÃncia em mercados de emprÃstimos colateralizados: uma abordagem de equilÃbrio geral com mercados incompletos
This work studies the role of collateral in the credit market in a general equilibrium context. Although there are several mechanisms to enforce agents to honor their commitments the collateral requirements stands out for it used by many financial institutions. The goal of this work is twofold: one is to survey the default in a general equilibrium model with
Publicado em: 2006
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17. A estrutura de capital do setor bancário em mercados com contratos incompletos / The capital structure of the banking sector in markets with incomplete contracts
O Acordo da Basiléia, originalmente criado em 1988 e posteriormente reformulado em 2004, estabelece critérios para a regulação do setor bancário com o intuito de garantir a estabilidade do sistema financeiro internacional. Para atingir estes objetivos, o seu principal instrumento é a requisição .de que os bancos internacionalmente ativos devem manter
Publicado em: 2006
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18. A SEQUENTIAL MODEL OF ENDOGENOUS COLLATERAL / UM MODELO SEQUENCIAL DE COLATERAL ENDÓGENO
This paper develops and establishes the existence of equilibrium for a sequential model with two stages, incomplete financial markets, credit risk and endogenous collateral. In the first stage, by choosing the collateral, according to a predetermined and exogenously given rule, the agents issue personalized securities that will be traded in the second stage
Publicado em: 2004
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19. A DISCRETE TIME APPLICATION OF REAL OPTIONS THEORY FOR THE VALUATION OF A HIGHWAY CONCESSION PROJECT IN BRAZIL / UMA APLICAÇÃO DA TEORIA DAS OPÇÕES REAIS EM TEMPO DISCRETO PARA AVALIAÇÃO DE UMA CONCESSÃO RODOVIÁRIA NO BRASIL
One of the problems of the evaluation for Real Options is the need to have complete markets so that non arbitrage methods can be used for its solution. When that is not the case, or when the determination of a dynamic portfolio of market securities that replicate the stochastic characteristics of the project is not feasible for any reason, the alternative is
Publicado em: 2002
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20. Collateral Avoids Ponzi Schemes in Incomplete Markets
pt
Fundação Getulio Vargas. Publicado em: 01/05/2001
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21. Niche Markets
Is evolutionary theory is incomplete and are we failing to understand phenomena as disparate as ecosystem development and the interplay of genes and culture in shaping human evolution?
Public Library of Science.