| EXISTENCE OF EXPECTATION EQUILIBRIUM OF REAL ASSET ECONOMIES WITH TRANSACTION COSTS |
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| 作者姓名： | MaoErwan |
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| 摘 要： | Abstract. To some two period economies with countable infinite state spaces, the existence of expectation equilibrium of real asset economies with transaction costs is given. This work extends the researches of Zame in 1993.
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| 关 键 词： | 存在性 期望值 经济周期 费用成本 |
| 收稿时间： | 29 December 1998 |
Existence of expectation equilibrium of real asset economies with transaction costs |
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| MaoErwan.EXISTENCE OF EXPECTATION EQUILIBRIUM OF REAL ASSET ECONOMIES WITH TRANSACTION COSTS[J].Applied Mathematics A Journal of Chinese Universities,1999,14(4):461-466. |
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| Authors: | Mao Erwan |
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| Abstract: | . To some two-period economies
with countable infinite state spaces, the existence of expectation equilibrium of real
asset economies with transaction costs is given. This work extends the researches of Zame
in 1993. |
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| Keywords: | Expectation equilibrium real assets transaction costs |
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