Program > Program by speaker > Pham Ngoc Sang

Assets with possibly negative dividends
Ngoc Sang Pham  1, @  
1 : Montpellier Business School  (MBS)  -  Website
Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School

The paper introduces assets whose dividends can take any value (positive, negative or zero) in a dynamic general equilibrium model with financial market imperfections. We investigate the interplay between the asset markets and the production sector. The behavior of asset price and value is also studied.

Subject : : oral
Topics : Session Cuong Le Van - Assets General Equilibrium: existence, ambiguity, possibly negative
Keywords : Infinite horizon ; general equilibrium ; productivity ; asset price ; negative dividend
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