Normative General (Janus) Equilibrium
The study presents a general equilibrium model where investors aim for multiple stochastic investment goals, suggesting that unique bonds issued by Brazil in 2023 could be seen as Goals-based Arrow Debreu securities.
Featured in No. 80 on 1 Jan 2025 · 2 days after release
- Released
- 30 Dec 2024
- First featured
- No. 80 · 1 Jan 2025
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 3
- Identifier
- SSRN 5076057
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).