The theory of general equilibrium was criticized for its apparent lack of testable implications, as seemingly implied by the results of Sonnenschein, Mantel and Debreu in the Seventies. This view was challenged by the results of Brown and Matzkin (1996), which showed the existence of testable...
This paper studies the falsifiability of the hypothesis of Nash behavior, for the case of a finite number of players who choose from continuous domains, subject to constraints. The results obtained here are negative. Assuming the observation of finite data sets, and using weak, but nontrivial,...
The Cyclical Behavior of Bank Capital Buffers in an Emerging Economy: Size Does Matter The Cyclical Behavior of Bank Capital Buffers in an Emerging Economy: Size Does Matter* Andrés Felipe García-Suaza**ften-joga@banrep.gov.co...
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