Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money. (Q1812171): Difference between revisions

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Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money.
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    Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money. (English)
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    18 June 2003
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    This paper draws a parallel between the set of dynamic equilibria in overlapping generations models of money and those of search-theoretic models. This issue is of interest because the later models are of more empirical relevance.
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    endogenous dynamics
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    chaos
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    overlapping generations
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    heterogeneity
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