Sunspot-like effects of random endowments

DOI10.1016/0165-1889(92)90030-IzbMath0763.90027OpenAlexW2001912017MaRDI QIDQ1185349

James Peck, Rodolfo E. Manuelli

Publication date: 28 June 1992

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(92)90030-i

zbMATH Keywords

sunspot equilibriasunspot-like effect

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items

Statistical equilibrium in one-step forward looking economic models, ``Quasifundamental variation in a price level and the inflation rate, A new suggestion for simplifying the theory of money, Speculation and price fluctuations with private, extrinsic signals, Sunspot-like equilibria in an overlapping generations economy with strategic interactions, Price-level volatility and welfare in incomplete markets with sunspots, NOISY SUNSPOTS AND BANK RUNS, Learning, rare events, and recurrent market crashes in frictionless economies without intrinsic uncertainty, Convergence of learning algorithms without a projection facility, Introduction to sunspots and lotteries

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