Endogenous Transaction Costs

Detalhes bibliográficos
Autor(a) principal: Martins-da-Rocha, Victor Filipe
Data de Publicação: 2008
Outros Autores: Vailakis, Yiannis
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/2147
Resumo: 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.
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spelling Martins-da-Rocha, Victor FilipeVailakis, YiannisEscolas::EPGEFGV2008-10-28T18:19:43Z2010-09-23T18:57:48Z2008-10-28T18:19:43Z2010-09-23T18:57:48Z2008-10-28http://hdl.handle.net/10438/2147The 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.engEscola de Pós-Graduação em Economia da FGVEnsaios Econômicos;680Competitive equilibriumIncomplete marketsEndogenous transaction costsEconomiaConcorrênciaEndogenous Transaction Costsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTHUMBNAILEndogenous-transactions-27-10-08.pdf.jpgEndogenous-transactions-27-10-08.pdf.jpgGenerated Thumbnailimage/jpeg4082https://repositorio.fgv.br/bitstreams/6995322c-5c4a-4676-a971-ff18897f5555/downloadaf8c8401e8d889a8347279670006b6a3MD510TEXTEndogenous-transactions-27-10-08.pdf.txtEndogenous-transactions-27-10-08.pdf.txtExtracted 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dc.title.eng.fl_str_mv Endogenous Transaction Costs
title Endogenous Transaction Costs
spellingShingle Endogenous Transaction Costs
Martins-da-Rocha, Victor Filipe
Competitive equilibrium
Incomplete markets
Endogenous transaction costs
Economia
Concorrência
title_short Endogenous Transaction Costs
title_full Endogenous Transaction Costs
title_fullStr Endogenous Transaction Costs
title_full_unstemmed Endogenous Transaction Costs
title_sort Endogenous Transaction Costs
author Martins-da-Rocha, Victor Filipe
author_facet Martins-da-Rocha, Victor Filipe
Vailakis, Yiannis
author_role author
author2 Vailakis, Yiannis
author2_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Martins-da-Rocha, Victor Filipe
Vailakis, Yiannis
dc.subject.por.fl_str_mv Competitive equilibrium
Incomplete markets
Endogenous transaction costs
topic Competitive equilibrium
Incomplete markets
Endogenous transaction costs
Economia
Concorrência
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Concorrência
description 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.
publishDate 2008
dc.date.accessioned.fl_str_mv 2008-10-28T18:19:43Z
2010-09-23T18:57:48Z
dc.date.available.fl_str_mv 2008-10-28T18:19:43Z
2010-09-23T18:57:48Z
dc.date.issued.fl_str_mv 2008-10-28
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/2147
url http://hdl.handle.net/10438/2147
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.por.fl_str_mv Ensaios Econômicos;680
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
dc.source.none.fl_str_mv reponame:Repositório Institucional do FGV (FGV Repositório Digital)
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collection Repositório Institucional do FGV (FGV Repositório Digital)
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