Inflationary equilibrium in a stochastic economy with independent agents

DOI10.1016/J.JMATECO.2014.02.008zbMATH Open1297.91114OpenAlexW3125104281MaRDI QIDQ2452207FDOQ2452207

William D. Sudderth, Martin Shubik, John D. Geanakoplos, Ioannis Karatzas

Publication date: 2 June 2014

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://cowles.yale.edu/sites/default/files/files/pub/d17/d1708.pdf

zbMATH Keywords

dynamic programminginflationconsumptioneconomic equilibrium and dynamics

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Dynamic programming (90C39)

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Cited In (8)

• Unique monetary equilibrium with inflation in a stationary Bewley-Aiyagari model
• Stabilizing inflation in a simple monetary policy model with heterogeneous agents
• Global stability of inflation target policies with adaptive agents
• STEADY-STATE REAL EFFECTS OF INFLATION IN A HECKSCHER–OHLIN CASH-IN-ADVANCE MODEL
• Stochastic graphon games. II: The linear-quadratic case
• Stochastic games
• Inflation, Self Insurance and the Friedman Rule in Economies with Uninsurable Idiosyncratic Risks
• Strategic market games with cyclic endowments

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