Real Indeterminacy of Stationary Equilibria in Matching Models with Media of Exchange 利用統計を見る

アイテムタイプ	テクニカルレポート / Technical Report
言語	英語
キーワード	Real Indeterminacy, Matching Model, Medium of Exchange, Money, Existence of Stationary Equilibria, JEL Classification Number: C78, D51, D83, E40
著者	Kamiya Kazuya Shimizu Takashi
著者所属	University of Tokyo Kansai University
抄録	In this paper, it is shown that real indeterminacy of stationary equilibria generically arises in most matching models with perfectly divisible media of exchange. In other words, the real indeterminacy follows from the condition for stationarity of holdings of media of exchange. Moreover, we present a new technique to prove the existence of stationary equilibria; especially, it is applicable to the case that both money and goods are perfectly divisible.
内容記述	Revised: June 2004. 本文フィルはリンク先を参照のこと
雑誌名	Discussion paper series. CIRJE-F
巻	2002-CF-167
発行年	2002-08
書誌レコードID	AA11450569
フォーマット	application/pdf
日本十進分類法	330
出版者	日本経済国際共同センター
出版者別名	Center for International Research on the Japanese Economy
関係URI	http://www.cirje.e.u-tokyo.ac.jp/research/dp/2002/2002cf167ab.html

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