Overlapping Structures as a Model of Money : an Analytical Review /

The book reviews monetary applications of overlapping gene- rations 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 su...

Full description

Bibliographic Details
Main Author: Schönfelder, Bruno
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 1992.
Series:Microeconomic studies.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:The book reviews monetary applications of overlapping gene- rations 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.
Item Description:Electronic resource.
Physical Description:1 online resource (x, 242 pages 9 illustrations)
ISBN:9783642457135 (electronic bk.)
3642457134 (electronic bk.)
ISSN:1431-6005