Unstable and stable steady-states in the Kiyotaki-Wright model

DOI10.1007/S001990050188zbMATH Open0891.90033OpenAlexW1997509692MaRDI QIDQ1376955FDOQ1376955

Authors: Juan-Manuel Renero 

Publication date: 1 February 1998

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

Full work available at URL: https://doi.org/10.1007/s001990050188

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zbMATH Keywords

stabilityKiyotaki-Wright modeltwo-period-convergent equilibria

Mathematics Subject Classification ID

Economic growth models (91B62)

Cited In (7)

• Title not available (Why is that?)
• Introduction to the symposium issue on money and liquidity
• The evolution of money as a medium of exchange
• Fiat money in the Kiyotaki-Wright model
• More on money as a medium of exchange
• A dynamic analysis of Nash equilibria in search models with fiat money
• Title not available (Why is that?)

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