A remark on rational expectation equilibria with incomplete markets and real assets |
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| Authors: | Hubert Stahn |
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| Affiliation: | Bureau d'Economie Théorique at Appliquée, Université Louis Pasteur, 61, Avenue de la Forêt Noire, 67 085, Strasbourg Cedex, France |
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| Abstract: | In this note, I established the existence, for a generic set of endowments, of a fully revealing rational expectation equilibrium (REE) in an economy characterized by incomplete markets and real assets. |
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| Keywords: | Incomplete markets Asymmetric information Rational expectations Real assets |
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