An action of Zᵏ is associated to a higher rank graph Λ satisfying a mild assumption. This generalizes the construction of a topological Markov shift arising from a non-negative integer matrix. We show that the stable Ruelle algebra of Λ is strongly Morita equivalent to C^*(Λ) . Hence, if Λ satisfies the aperiodicity condition, the stable Ruelle algebra is simple, stable and purely infinite.
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Kumjian et al. (2003) studied this question.
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