Publications

Articles

The Relation between Sunspot Effects and Multiplicity in Incomplete Markets Models with Numeraire Assets.
The Relation between Sunspot Effects and Multiplicity in Incomplete Markets Models with Numeraire Assets.

Hoelle, M. (2014): The Relation between Sunspot Effects and Multiplicity in Incomplete Markets Models with Numeraire Assets, Journal of Mathematical Economics, 50, 119-127.

Transaction Costs and Planner Intervention.
Transaction Costs and Planner Intervention.

Hoelle, M. (2012): Transaction Costs and Planner Intervention, Economic Theory 50(3), 603-634.

Web publications

Bankruptcy and Transaction Costs in General Financial Models.
Bankruptcy and Transaction Costs in General Financial Models.

Hoelle, M. (2010): Bankruptcy and Transaction Costs in General Financial Models, Publicly accessible Penn Dissertations, Paper 119.

Working papers

Incomplete Markets as the Outcome of Bilateral Bargaining.

Revise and resubmit at Journal of Economic Theory.