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- W3125243957 abstract "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." @default.
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- W3125243957 date "2004-06-01" @default.
- W3125243957 modified "2023-09-27" @default.
- W3125243957 title "Real Indeterminacy of Stationary Equilibria in Matching Models with Media of Exchange" @default.
- W3125243957 hasPublicationYear "2004" @default.
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