Generic Determinacy and Money Non-Neutrality of International Monetary Equilibria

Generic Determinacy and Money Non-Neutrality of International Monetary Equilibria

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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...

書誌詳細
第一著者:	Tsomocos, D
フォーマット:	Journal article
出版事項:	2008

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