Add to ORKGWhen government liabilities (including money) are held in private portfolios only as stores of value, and do not provide additional benefits (as liquidity services), the real variables in an economy with uncertainty are not affected by the government’s trading in assets. There are also policies which alter the money supply through taxes or subsidies, and affect the price of money without changing real variables
We extend and apply computable general equilibrium methods to the study of economies with both aggr...
This paper explores the existence of monetary general equilibrium in the context of a classical mode...
The role of long lived assets is considered in serving as hostages to extend the domain of trustless...
When government liabilities (including money) are held in private portfolios only as stores of value...
I survey the major results in the theory of general equilibrium with incomplete asset markets. I als...
Competitive equilibrium allocations are indeterminate when the net trades in commodities are constra...
Preliminary draft We study economies where buyers and sellers meet bilaterally and at random and whe...
General equilibrium is timeless, and without outside money, the price system is homogeneous of order...
In an incomplete asset market, firms assign values to investment plans by projecting their payoffs on ...
This dissertation departures from the usual price taking and non-exclusive asset pooling assumptions...
It is suggested that an extra degree of freedom is needed to construct a symmetric noncooperative pr...
We examine how non-competitiveness in financial markets affects the choice of asset portfolios and t...
The paper studies asset prices and capital accumulation in a monetary economy with non-diversifiable...
A theory of general economic equilibrium with incomplete financial markets is developed with many ne...
A theory of economic equilibrium for incomplete financial markets in general real assets is develope...
We extend and apply computable general equilibrium methods to the study of economies with both aggr...
This paper explores the existence of monetary general equilibrium in the context of a classical mode...
The role of long lived assets is considered in serving as hostages to extend the domain of trustless...
When government liabilities (including money) are held in private portfolios only as stores of value...
I survey the major results in the theory of general equilibrium with incomplete asset markets. I als...
Competitive equilibrium allocations are indeterminate when the net trades in commodities are constra...
Preliminary draft We study economies where buyers and sellers meet bilaterally and at random and whe...
General equilibrium is timeless, and without outside money, the price system is homogeneous of order...
In an incomplete asset market, firms assign values to investment plans by projecting their payoffs on ...
This dissertation departures from the usual price taking and non-exclusive asset pooling assumptions...
It is suggested that an extra degree of freedom is needed to construct a symmetric noncooperative pr...
We examine how non-competitiveness in financial markets affects the choice of asset portfolios and t...
The paper studies asset prices and capital accumulation in a monetary economy with non-diversifiable...
A theory of general economic equilibrium with incomplete financial markets is developed with many ne...
A theory of economic equilibrium for incomplete financial markets in general real assets is develope...
We extend and apply computable general equilibrium methods to the study of economies with both aggr...
This paper explores the existence of monetary general equilibrium in the context of a classical mode...
The role of long lived assets is considered in serving as hostages to extend the domain of trustless...