frbclv_wp1985-04.pdf

Working Paper 8504

FIXPRICE MODELS FOR DYNAMIC STUDIES

By E r i c A . Kades

The au tho r wishes t o thank Pro fessors Truman Bewley, James Tobin , and John Geanakoplos o f Yale U n i v e r s i t y f o r a wide range o f i n s i g h t s , i n s p i r a t i o n s , and c o r r e c t i o n s .

Working Papers o f t he Federa l Reserve Bank o f C leve land a re p r e l i m i n a r y m a t e r i a l s , c i r c u l a t e d t o s t i m u l a t e d i scuss ion and c r i t i c a l comment. The v iews expressed a re those o f t he au tho r and n o t n e c e s s a r i l y those o f the Federal Reserve Bank o f C leve land o r the Board of Governors of t h e Federal Reserve System.

August 1985

Federa l Reserve Bank o f C leve land

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy

http://clevelandfed.org/research/workpaper/index.cfmBest available copy