Monetary equilibria in a cash-in-advance economy with incomplete financial markets

DOI10.1016/j.jmateco.2006.05.009zbMath1141.91415OpenAlexW3123940152MaRDI QIDQ855311

Ingolf Schwarz, Jinhui H. Bai

Publication date: 7 December 2006

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

Full work available at URL: http://www8.georgetown.edu/departments/economics/pdf/605.pdf

zbMATH Keywords

incomplete marketsindeterminacymoneyfiscal policy

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items

Perils of unconventional monetary policy

Cites Work

• Unnamed Item
• A note on the existence of a monetary equilibrium over an infinite horizon
• Determinacy with nominal assets and outside money
• Theory and practice of monetary policy: guest editors' introduction.
• Equilibrium in economies with incomplete financial markets
• Equilibrium in incomplete markets. I: A basic model of generic existence
• Real indeterminacy with financial assets
• Martingales and arbitrage in multiperiod securities markets
• Monetary policy and price level determinacy in a cash-in-advance economy
• Monetary equilibrium with missing markets.
• Inside and outside fiat money, gains to trade, and IS-LM
• Monetary equilibria over an infinite horizon
• The Relationship Between Education and Adult Mortality in the United States
• The Structure of Financial Equilibrium with Exogenous Yields: The Case of Incomplete Markets