Transaction Costs and Interest Arbitrage: Tranquil versus Turbulent Periods
نویسندگان
چکیده
منابع مشابه
Small transaction costs, absence of arbitrage and consistent price systems
The aim of this note is to establish criterion of absence of arbitrage opportunities under small transaction costs for a family of multi-asset models of financial market.
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ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 1977
ISSN: 0022-3808,1537-534X
DOI: 10.1086/260633