Matrices of positive polynomials.
We show that the stable C*-algebra and the related Ruelle algebra defined by I. Putnam from the irreducible Smale space associated with a topologically mixing expanding map of a compact metric space are strongly Morita equivalent to the groupoid C*-algebras defined directly from the expanding map by C. Anantharaman-Delaroche and V. Deaconu. As an application, we calculate the K⁎-group of the Ruelle algebra for a solenoid.