Inefficiency and the Demand for "Money" in a Sequence Economy

DOI10.2307/2296579zbMath0271.90004OpenAlexW3121442352MaRDI QIDQ3214674

David A. Starrett

Publication date: 1973

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2296579

Mathematics Subject Classification ID

Decision theory (91B06)

Related Items (17)

Money as minimal complexity ⋮ Graphical exchange mechanisms ⋮ The core of a monetary economy without trust ⋮ Existence of equilibrium in incomplete markets with intermediation costs ⋮ The Jevons double coincidence condition and local uniqueness of money: an example ⋮ Monetary general equilibrium with transaction costs. ⋮ Fiat money and the value of binding portfolio constraints ⋮ A new characterization of the efficiency of equilibrium with incomplete markets ⋮ Money, information and equilibrium in large economies ⋮ General equilibrium with money: Indeterminacy of price level and efficiency ⋮ Information and securities: A note on Pareto dominance and the second best ⋮ A reexamination of the store of value in a sequence economy with transaction costs ⋮ Temporary equilibrium in a money economy ⋮ Commodity money equilibrium in a convex trading post economy with transaction costs ⋮ The transactions cost of money (a strategic market game analysis) ⋮ How to discard non-satiation and free-disposal with paper money ⋮ General equilibrium with producers and brokers. Existence and regularity

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