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Non-connectedness of the set of equilibrum money prices: The overlapping- generations economy

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Publication:1092788
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DOI10.1016/0022-0531(87)90066-4zbMath0627.90021OpenAlexW2062273632MaRDI QIDQ1092788

James Peck

Publication date: 1987

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

Full work available at URL: https://doi.org/10.1016/0022-0531(87)90066-4


zbMATH Keywords

equilibrium money pricesinfinite-horizon balanced economynominal taxes and transfersoverlapping-generations economy


Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50)


Related Items (3)

The connectedness of the set of equilibrium money prices depends on the choice of the numeraire ⋮ Non-connectedness of the set of equilibrium money prices: The static economy ⋮ Arc-connectedness of the set of efficient allocations in overlapping- generations economies




Cites Work

  • The overlapping-generations model. II. The case of pure exchange with money
  • Unnamed Item




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