Generic Determinacy and Money Non-Neutrality of International Monetary Equilibria
I address the issue of the ‘number’ of international monetary equilibria that the international finance model of Geanakoplos and Tsomocos (2002) possesses. The mainstream competitive model has locally unique equilibria with respect to the real side of the economy; however, it manifests nominal indet...
Glavni autor: | Tsomocos, D |
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Format: | Journal article |
Izdano: |
2008
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Slični predmeti
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Generic Determinacy and Money Non-Neutrality of International Monetary Equilibria
od: Tsomocos, D
Izdano: (2008) -
Generic determinacy and money non-neutrality of international monetary equilibria
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Default and determinacy under quantitative easing
od: Romanidis, N, i dr.
Izdano: (2021) -
Nominal Uniqueness and Money Non-Neutrality in a Walrasian Dynamics without Rational Expectations
od: Tsomocos, D
Izdano: (2010) -
Global Uniqueness and Money Non-Neutrality in a Walrasian Dynamics without Rational Expectations
od: Tsomocos, D, i dr.
Izdano: (2010)