Money, expectations and the existence of a temporary equilibrium

Money, expectations and the existence of a temporary equilibrium

The article presents information on money, expectations and the existance of a temporary equilibrium. If money and financial assets are to be integrated into general equilibrium theory, it is apparent that the classical Arrow-Debreu framework must be modified. As long as all trading takes place esse...

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Bibliographic Details
Main Author: HOOL, Bryce
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1976
Subjects:
Money
Commodities
Cash
Economic expectations
Economic uncertainty
Economics
Consumer goods
Endowments
Economic theory
Media of exchange
Finance
Public Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/1772
https://ink.library.smu.edu.sg/context/soe_research/article/2771/viewcontent/MoneyExpectationsTempEquilibrium_1976.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/1772
https://ink.library.smu.edu.sg/context/soe_research/article/2771/viewcontent/MoneyExpectationsTempEquilibrium_1976.pdf

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