Real Determinacy with Nominal Assets
We build a ﬁnite horizon model with inside and outside money, in which interest rates, price levels and commodity allocations are determinate, even though asset markets are incomplete and asset deliveries are purely nominal.
Dubey, Pradeep and Geanakoplos, John, "Real Determinacy with Nominal Assets" (2003). Cowles Foundation Discussion Papers. 1699.