Options and sunspots in a simple monetary economy

DOI10.1007/S001990050189zbMATH Open0891.90050OpenAlexW1974313029MaRDI QIDQ1376956FDOQ1376956

Authors: Gaetano Antinolfi, Todd Keister 

Publication date: 1 February 1998

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

Full work available at URL: https://doi.org/10.1007/s001990050189

Recommendations

• On the Role of Options in Sunspot Equilibria
• Sunspot equilibria and incomplete financial markets
• Indeterminacy and sunspots in a monetary economy with limited participation
• Pricing Options On Risky Assets In A Stochastic Interest Rate Economy¹
• Options and equilibrium
• On the optimality of monetary trading
• A note on sunspot equilibria in search models of fiat money
• Sunspots and incomplete financial markets: The general case
• Option pricing: a yet simpler approach

zbMATH Keywords

option contractsdynamic monetary economystrong sunspot immunity

Mathematics Subject Classification ID

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

Cited In (5)

• Price level volatility: A simple model of money taxes and sunspots
• Introduction to sunspots and lotteries
• On trees and logs
• A characterization of robust sunspot equilibria
• Price-level volatility and welfare in incomplete markets with sunspots

This page was built for publication: Options and sunspots in a simple monetary economy

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1376956)