Determinacy with Nominal Assets and Outside Money
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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, "Determinacy with Nominal Assets and Outside Money" (2003). Cowles Foundation Discussion Papers. 1700.