Existence and optimality of currency equilibrium in stochastic overlapping generations models: The pure endowment case

DOI10.1016/0022-0531(90)90019-GzbMath0735.90016OpenAlexW2000419068MaRDI QIDQ1813904

Rodolfo E. Manuelli

Publication date: 25 June 1992

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

Full work available at URL: https://doi.org/10.1016/0022-0531(90)90019-g

zbMATH Keywords

existence of a monetary equilibriumresource allocation among generations

Mathematics Subject Classification ID

Utility theory (91B16) Economic growth models (91B62) Stochastic systems in control theory (general) (93E03) General equilibrium theory (91B50) Consumer behavior, demand theory (91B42) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

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Cites Work

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• Existence and optimality of currency equilibrium in stochastic overlapping generations models: The pure endowment case
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• Time to Build and Aggregate Fluctuations