Barnett, Richard C.; Bhattacharya, Joydeep; Bunzel, Helle - School of Economics and Management, University of Aarhus - 2007
dynamically invalid.
JEL Classification: E 31, E 42, E 63
Keywords: overlapping generations models, monetary equilibria, cycles …-stationary monetary equilibria in OG
models and established a strong set of conditions (such as backward bending offer curves) needed for …