| Title | Information and financial markets |
| Publication Type | Unpublished |
| Year of Publication | 2006 |
| Authors | Faias M, Moreno-García E |
| Series Title | Preprint |
| Abstract | In this paper, we provide a model of an incomplete market economy with nominal assets and differential information. We prove an existence result of Walrasian expectation equilibria. Finally, we exhibit an example which shows that a differential information situation can remove the real indeterminacy of equilibria. |
| URL | http://www.dm.fct.unl.pt/sites/www.dm.fct.unl.pt/files/preprints/2006/13_06.pdf |