A uniqueness proof for monetary steady state
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Publication:848624
DOI10.1016/J.JET.2009.11.004zbMATH Open1202.91174OpenAlexW2160098016MaRDI QIDQ848624FDOQ848624
Authors: Randall Wright 
Publication date: 4 March 2010
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jet.2009.11.004
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Macroeconomic theory (monetary models, models of taxation) (91B64) Special types of economic equilibria (91B52)
Cites Work
- Bank Runs, Deposit Insurance, and Liquidity
- Asset Prices in an Exchange Economy
- Monotone Comparative Statics
- Money is memory
- Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money.
- Money and prices: A model of search and bargaining
- A Divisible Search Model of Fiat Money
- Information, Liquidity, Asset Prices, and Monetary Policy
- Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
- Directed Matching and Monetary Exchange
- Money and capital as competing media of exchange
- General equilibrium with nonconvexities and money
- Money, credit and banking
- Search and the market for ideas
- Optimal fiscal and monetary policy when money is essential
- Stationarity without degeneracy in a model of commodity money
- Contagion Equilibria in a Monetary Model
Cited In (16)
- Revisiting multiplicity of bubble equilibria in a search model with posted prices
- Trejos-Wright with a 2-unit bound: existence and stability of monetary steady states
- Optimal monetary policy in an overlapping generations model with search theoretic monetary exchange
- Unique monetary equilibrium with inflation in a stationary Bewley-Aiyagari model
- Search and the market for ideas
- Monetary mechanisms
- Endogenous search, price dispersion, and welfare
- Title not available (Why is that?)
- Nominal uniqueness and money non-neutrality in the limit-price exchange process
- On default and uniqueness of monetary equilibria
- Marriage, markets, and money: a Coasian theory of household formation
- INNOVATION AND GROWTH WITH FINANCIAL, AND OTHER, FRICTIONS
- Money and price posting under private information
- On the multiplicity of monetary equilibria: Green-Zhou meets Lagos-Wright
- Degreasing the wheels of finance
- Multiplicity of monetary steady states
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