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Persistent link: https://www.econbiz.de/10001490177
The book reviews monetary applications of overlapping gene- rations models and models with cash-in-advance constraints. It focuses on the implications for monetary economics. It tries to make sense of the available indeterminancy propositions. They are the most puzzling property of OGMs. The...
Persistent link: https://www.econbiz.de/10013518927