On the Role of Money and the Existence of a Monetary Equilibrium

DOI10.2307/2296364zbMath0258.90014OpenAlexW2124672154MaRDI QIDQ5675520

Jean-Michel Grandmont, Yves Younes

Publication date: 1972

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2296364

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Trade models (91B60)

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Monetary and fiscal policies in a general equilibrium model ⋮ Asset-return anomalies in a monetary economy ⋮ Why fiat money is a safe asset ⋮ Liquidity, speculation, and the demand for money ⋮ Multiple equilibria in two-sector monetary economies: an interplay between preferences and the timing for money ⋮ Fiat money and the value of binding portfolio constraints ⋮ Monetary equilibrium with missing markets. ⋮ Equilibrium analysis, banking and financial instability. ⋮ Money, information and equilibrium in large economies ⋮ An introduction to general equilibrium with incomplete asset markets ⋮ Consumer buying dynamics for a single commodity using flow and stock utilities and a principle of minimum total utility imbalance ⋮ Generic determinacy and money non-neutrality of international monetary equilibria ⋮ A strategic market game with a mutual bank with fractional reserves and redemption in gold. A continuum of traders ⋮ Relaxing the cash-in-advance constraint at a fixed cost. Are simple trigger-target portfolio rules optimal? ⋮ Stabilizing monetary-injection policies ⋮ On disequilibrium savings and public consumption ⋮ Monetary taxation in a monetary exchange economy ⋮ Disequilibrium dynamics in a simple macroeconomic model ⋮ Nominal uniqueness and money non-neutrality in the limit-price exchange process ⋮ Temporary equilibrium in a money economy ⋮ Banks, money, and the zero lower bound on deposit rates ⋮ Introduction to market psychology and nonlinear endogenous business cycles ⋮ Numerical analysis of a nonlinear operator equation arising from a monetary model ⋮ Monetary transaction costs and the term premium ⋮ Endogenous business cycles: capital--labor substitution and liquidity constraint.

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