Bloise, Gaetano; Dréze, Jacques; Polemarchakis, Herakles - In: Economic Theory 25 (2005) 1, pp. 51-74
Money provides liquidity services through a cash-in-advance constraint. The exchange of commodities and assets extends …, for a fixed path of rates of interest, there is a non-trivial multiplicity of equilibrium paths of prices of commodities …