Blanchard and Kiyotaki - Monopolistic Competition and the Effects of Aggregate Demand

Blanchard and Kiyotaki: Monopolistic Competition and the Effects of Aggregate Demand

Hello. As nobody seems to have posted anything on the Blanchard/Kiyotaki model yet, I uploaded a condensed version (rather an excerpt than a summary) of the paper. Please feel free to report any errors (especially in the formulae) you might come across to me.

Christoph (Koenig)

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License