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Notes: On the existence of an optimal stationary equilibrium with a fixed supply of fiat money II: the case of many consumers with arbitrary lifetimes

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posted on 2023-01-27, 20:16 authored by David Cass, Stephen SpearStephen Spear, Warren Young

The PDF file is a scan of 42 pages of handwritten notes that the late Prof. David Cass produced in 1982 regarding the existence of equlilibrium with valued fiat money in a general overlapping generations model.


The material serves as an online appendix to Spear and Young's Overlapping Generations: Method, Models and Morphology (Emerald Press, forthcoming Spring 2023)

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1982-11-22

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