Price level volatility: A simple model of money taxes and sunspots

DOI10.1006/jeth.1997.2362zbMath0910.90021MaRDI QIDQ1270744

Karl Shell, Joydeep Bhattacharya, Mark G. Guzman

Publication date: 8 December 1998

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/c6de593bd879d53b0d870c5661f4ad735ec1fd1f

zbMATH Keywords

sunspot equilibria; price-level volatility

Mathematics Subject Classification ID

91B64: Macroeconomic theory (monetary models, models of taxation)

91B50: General equilibrium theory

Related Items

Incomplete markets and volatility, Introduction to modeling money and studying monetary policy, Money taxes and efficiency when sunspots matter

Cites Work

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