Via Silvio D'Amico, 77
Rome, 00145
Italy
University of Rome 3
incomplete markets, Pareto improvement, inefficiency, willingness to pay, income mobility,
incomplete markets, social welfare function, manifold
general equilibrium, incomplete markets, optimality, global analysis
This is a CEPR Discussion Paper. CEPR charges a fee of $8.00 for this paper.
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
Debt Constraints, Default, Indeterminacy