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

<p>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.</p> <p><br></p> <p>The material serves as an online appendix to Spear and Young's <em>Overlapping Generations: Method, Models and Morphology</em> (Emerald Press, forthcoming Spring 2023)</p>