Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money. (Q1812171): Difference between revisions
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money. |
scientific article |
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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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