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Multiple Stable Equilibria in an Optimizing Perfect-Foresight Model

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  • Obstfeld, Maurice

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  • Obstfeld, Maurice, 1984. "Multiple Stable Equilibria in an Optimizing Perfect-Foresight Model," Econometrica, Econometric Society, vol. 52(1), pages 223-228, January.
    • Handle: RePEc:ecm:emetrp:v:52:y:1984:i:1:p:223-28
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    Cited by:

    1. Petrucci, Alberto, 1997. "Money, Labour Supply and Growth in a Liquidity Costs Economy," Discussion Papers 9707, University of Exeter, Department of Economics.
    2. Jan-Oliver Menz & Lena Vogel, 2009. "A Detailed Derivation of the Sticky Price and Sticky Information New Keynesian DSGE Model," Macroeconomics and Finance Series 200902, University of Hamburg, Department of Socioeconomics.
    3. Atsumasa Kondo, 2008. "On The Inefficacy Of Temporary Policy In A Dynamic General Equilibrium With Money," The Japanese Economic Review, Japanese Economic Association, vol. 59(3), pages 324-344, September.
    4. Kazuo Mino, 2000. "Preference Structure and Indeterminacy in Two-Sector Models of Endogenous Growth," Econometric Society World Congress 2000 Contributed Papers 0674, Econometric Society.
    5. Mino, Kazuo, 1999. "Non-separable utility function and indeterminacy of equilibrium in a model with human capital," Economics Letters, Elsevier, vol. 62(3), pages 311-317, March.
    6. Steven F. Venti & David A. Wise, 1987. "IRAs and Saving," NBER Chapters, in: The Effects of Taxation on Capital Accumulation, pages 7-52, National Bureau of Economic Research, Inc.
    7. Buffie, Edward F, 1999. "Public Sector Wage Cycles and the Co-movement of the Fiscal Deficit and Inflation in Less-Developed Countries," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 31(4), pages 785-810, November.
    8. Michener, Ronald & Ravikumar, B., 1998. "Chaotic dynamics in a cash-in-advance economy," Journal of Economic Dynamics and Control, Elsevier, vol. 22(7), pages 1117-1137, May.
    9. AKITOBY, Bernardin, 1997. "Rigidité normale, dévaluation et équilibre général intertemporel," Cahiers de recherche 9708, Universite de Montreal, Departement de sciences economiques.
    10. Behzad Diba & Olivier Loisel, 2024. "Revisiting Speculative Hyperinflations in Monetary Models: A Rejoinder," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 52, pages 64-69, April.
    11. Aizenman, Joshua, 1992. "Competitive Externalities and the Optimal Seigniorage," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 24(1), pages 61-71, February.
    12. repec:ebl:ecbull:v:5:y:2004:i:6:p:1-8 is not listed on IDEAS
    13. Michael Mussa, 1984. "Rational Expectations Models with a Continuum of Convergent Solutions," NBER Technical Working Papers 0041, National Bureau of Economic Research, Inc.
    14. Kiminori Matsuyama, 1989. "Complicated Topological Structure of the Set of Equilibrium Prices," Discussion Papers 826, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    15. Hori, Katsuhiko, 2007. "Indeterminacy in a monetary economy with heterogeneous agents," MPRA Paper 49316, University Library of Munich, Germany.
    16. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
    17. Kazuo Mino & Jun-ichi Itaya, 2004. "Interest-rate rule and multiple equilibria with endogenous growth," Economics Bulletin, AccessEcon, vol. 5(6), pages 1-8.
    18. Maurice Obstfeld & Kenneth Rogoff, 2021. "Revisiting speculative hyperinflations in monetary models," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 1-11, April.
    19. Zhao, Junzhu, 2023. "Wealth in utility, the Taylor principle and determinacy," Journal of Macroeconomics, Elsevier, vol. 76(C).
    20. Françoise Charpin, 1992. "La détention de monnaie dans la théorie du cycle de vie," Revue Économique, Programme National Persée, vol. 43(3), pages 419-444.
    21. Dupor, Bill, 2001. "Ruling out pareto dominated monetary equilibria," Journal of Economic Dynamics and Control, Elsevier, vol. 25(12), pages 1899-1910, December.

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