Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money.

DOI10.1016/S0022-0531(03)00021-8zbMath1049.91109OpenAlexW3121904413MaRDI QIDQ1812171

Ricardo Lagos, Randall Wright

Publication date: 18 June 2003

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

Full work available at URL: https://doi.org/10.1016/s0022-0531(03)00021-8

zbMATH Keywords

chaosoverlapping generationsheterogeneityendogenous dynamics

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (16)

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Cites Work

• A contribution to the pure theory of money
• Stationary sunspot equilibria in an N commodity world
• On the existence of sunspot equilibria in an overlapping generations model
• Money is memory
• Government transaction policy, media of exchange, and prices
• A note on sunspot equilibria in search models of fiat money
• A dynamic equilibrium model of search, bargaining, and money
• Discrete time dynamics in a random matching monetary model
• Money and prices: A model of search and bargaining
• ON RANDOM MATCHING, MONETARY EQUILIBRIA, AND SUNSPOTS
• Period Three Implies Chaos
• SELF-FULFILLING PROPHECIES AND THE BUSINESS CYCLE
• Stationary Markov Equilibria
• Sunspots and Cycles
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium

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