Monetary and extended monetary growth models: the question of uniqueness in the steady state

I shaH that in a monetary grol.,rth model Edgel..'Orthsubstitutability betl.,reen consumption and real balances do not in general imply multiple steady state solutions as has been Hidely believed following Drock (1974). I then show that when the government budget constraint is explicit and the deficit is money-financed with fixed real coupons on outstanding bonds, it is not possible to rule out multiple steady states.