A dynamic equilibrium model of search, production, and exchange

DOI10.1016/0165-1889(93)90012-HzbMath0805.90015OpenAlexW2167137318MaRDI QIDQ690163

Michele Boldrin, Nobuhiro Kiyotaki, Randall Wright

Publication date: 1993

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

Full work available at URL: https://doi.org/10.1016/0165-1889(93)90012-h

zbMATH Keywords

productionexchangeBellman's equationscontinuum of commoditiescontinuum of infinite-lived agentsdynamic equilibriumgeneral equilibrium model of searchmultiple steady state equilibrium

Mathematics Subject Classification ID

Multisectoral models in economics (91B66) Economic growth models (91B62) General equilibrium theory (91B50)

Related Items (8)

Introduction to the symposium issue on money and liquidity ⋮ Employment cycles in search equilibrium ⋮ A dynamic equilibrium model of search, bargaining, and money ⋮ Indirect reciprocity and money ⋮ Separation cycles ⋮ THE DYNAMICS OF BILATERAL EXCHANGE AND DIVISION OF LABOR ⋮ PERSISTENCE AND VOLATILITY OF BEVERIDGE CYCLES ⋮ Intermediation in markets for goods and markets for assets

Cites Work

• A contribution to the pure theory of money
• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• The Hopf bifurcation and its applications. With contributions by P. Chernoff, G. Childs, S. Chow, J. R. Dorroh, J. Guckenheimer, L. Howard, N. Kopell, O. Lanford, J. Mallet-Paret, G. Oster, O. Ruiz, S. Schecter, D. Schmidt, and S. Smale
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