A note on the existence of a monetary equilibrium over an infinite horizon

This note considers an economy with ‘inside money’ that extends over an infinite horizon in the case of certainty. It shows the existence of an equilibrium and the indeterminacy of the overall price level when the supply of balances is set exogenously. Copyright Springer-Verlag Berlin/Heidelberg 2006

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Year of publication:	2006
Authors:	Bloise, Gaetano
Published in:	Economic Theory. - Springer. - Vol. 27.2006, 1, p. 59-77
Publisher:	Springer
Subject:	Money \| Equilibrium \| Indeterminacy

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005753152