Overlapping Structures As a Model of Money: An Analytical Review (Microeconomic Studies)

ISBN: 9780387552743
Publisher: Springer-Verlag
Publication Date: 1992-05
  • $39.81

Any used item that originally included an accessory such as an access code, one time use worksheet, cd or dvd, or other one time use accessories may not be guaranteed to be included or valid. By purchasing this item you acknowledge the above statement.

DESCRIPTION

The book reviews monetary applications of overlapping generations 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 book surveys and synthesizes most of the available research papers. Assesses the usefulness of the approach for the advancement of monetary economics. The book can be used as a non-technical introductory text, which relies foremost on intuitive arguments.

Customer Reviews


We Also Recommend