Optimality, the interaction of spot and futures markets, and the nonneutrality of money in the Lucas model
From MaRDI portal
Publication:1249128
DOI10.1016/0022-0531(77)90106-5zbMath0384.90019OpenAlexW2003310136MaRDI QIDQ1249128
Publication date: 1977
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(77)90106-5
Related Items
Dividend paying assets, the unit root property, and suboptimality ⋮ Efficiency and optimality in stochastic models with production ⋮ Optimality in stochastic OLG models: theory for tests ⋮ Optimality in an OLG model with nonsmooth preferences ⋮ Endogenous market incompleteness without market frictions: dynamic suboptimality of competitive equilibrium in multiperiod overlapping generations economies ⋮ Optimality of Stationary Asset Equilibria Under A Stochastic Inflation Tax ⋮ Stochastic OLG models, market structure, and optimality ⋮ Informational diversity over time and optimality of monetary equilibria ⋮ On the interaction between risk sharing and capital accumulation in a stochastic OLG model with production ⋮ The Cass criterion, the net dividend criterion, and optimality ⋮ Price stabilizing, Pareto improving policies ⋮ The unit root property and optimality: A simple proof ⋮ Reply to Muench and Polemarchakis and Weiss ⋮ The unit root property and optimality with a continuum of states -- pure exchange ⋮ Existence and optimality of currency equilibrium in stochastic overlapping generations models: The pure endowment case ⋮ Conditional Pareto optimality of stationary equilibrium in a stochastic overlapping generations model
Cites Work
