A Concrete Example of the Transfer Problem with Multiple Equilibria
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- Kang, Minwook, 2014. "Nonconnectedness Of The Set Of Bankruptcy-Free Money Equilibria In The Static Economy: A Constructive Example," Macroeconomic Dynamics, Cambridge University Press, vol. 18(7), pages 1539-1546, October.
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More about this item
KeywordsTransfer problem; multiple equilibria; unstable equilibrium;
- D5 - Microeconomics - - General Equilibrium and Disequilibrium
- F1 - International Economics - - Trade
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
- O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-SEA-2015-09-11 (South East Asia)
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