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Bibframe Work

Title
The political economy of overlapping generations
Type
Text
Monograph
Contribution
Bryant, John B. (author)
Subject
Monetary supply--Mathematical models (LCSH)
Foreign exchange futures (LCSH)
Stochastic analysis (LCSH)
Classification
LCC: HB1 (Assigner: dlc) (Status: used by assigner)
Supplementary Content
bibliography (bibliography)
Content
text (txt)
Summary
"The formation and maintenance of the institutions of money and a futures market are analyzed in an overlapping generations model with a first period. With money and a futures market the economy converges to the allocation where costly transactions are foregone and marginal products and marginal utilities equated. However, neither institution may be formed, or money may be formed without a futures market. Moreover, stochastic output technologies raise the possibility of persistent recession and depression and of valuable government insurance of the futures market"--Federal Reserve Bank of Minneapolis web site.
Table Of Contents
Government Publication Type
federal or national
Authorized Access Point
Bryant, John B. The political economy of overlapping generations