[lbo-talk] Krugman's babysitting co-op model

[Tayssir John Gabbour]

Tayssir John Gabbour wrote:
> Excuse me if this is a newbie question; I looked at Krugman's
> baby-sitting co-op model, and it seems clear that my education isn't
> really good enough to evaluate it. And his formalized description just
> has too many hanging variable names and higher-level concepts.
> http://web.mit.edu/krugman/www/babysit.html
> http://www.pkarchive.org/theory/MINIMAC.html

Oh, here's a copy of the original paper Krugman refers to:
http://www.uni-saarland.de/fak1/fr12/csle/material/Sweeney.Sweeney_Monetary.Theory+Baby.Crisis_JofMCB9(1.part1)1977_86-89.pdf

Tayssir