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Existence of equilibria in treasury bill auctions

Menezes, Flávio Marques; Monteiro, Paulo Klinger - 1994

Persistent link: https://www.econbiz.de/10000895689

Simultaneous pooled auctions

Menezes, Flávio Marques - 1996

Persistent link: https://www.econbiz.de/10000587078

A note on auctions with endogenous participation

Menezes, Flávio Marques - 1996

Persistent link: https://www.econbiz.de/10000609585

Heterogeneous firms, productivity and poverty traps

Barseghyan, Levon (contributor); … - 2005

Persistent link: https://www.econbiz.de/10003344886

Optimal monetary policy, endogenous sticky prices, and multiplicity of equilibria

Barseghyan, Levon (contributor); … - 2005 - rev.

"We analyze optimal monetary policy in an endogenous sticky price model. Similar models with exogenous sticky prices can deliver multiplicity of equilibria. Multiplicity of equilibria is a necessary condition for expectation traps to explain the variation across time and countries of inflation...