- 著者
-
Kazuya Kamiya
- 出版者
- The Japanese Society for Mathematical Economics
- 雑誌
- 数理経済学会誌 (ISSN:24363162)
- 巻号頁・発行日
- vol.1, pp.9-16, 2022 (Released:2022-03-31)
- 参考文献数
- 7
In this paper, I show that real indeterminacy of stationary monetary equilibria generically
arises in a wide class of models with divisible fiat money. More precisely, if a condition, which is typically satisfied in monetary transactions, holds, then the set of monetary equilibria is generically a continuum.