The Stability of Models of Money and Growth with Perfect Foresight
- 1 November 1973
- journal article
- Published by JSTOR in Econometrica
- Vol. 41 (6) , 1043
- https://doi.org/10.2307/1914034
Abstract
It is often claimed that models of money and growth which assume perfect foresight are dynamically unstable. If the system is initially in a steady state with z...Keywords
This publication has 0 references indexed in Scilit: