Government transaction policy, media of exchange, and prices

DOI10.1006/jeth.1997.2363zbMath0910.90123OpenAlexW2008710945MaRDI QIDQ1270740

Randall Wright, Yi-Ting Li

Publication date: 19 April 1999

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://ntur.lib.ntu.edu.tw/bitstream/246246/186286/1/08.pdf

zbMATH Keywords

government transaction policiessearch-theoretic models

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (12)

Money as minimal complexity ⋮ Graphical exchange mechanisms ⋮ Money mining and price dynamics: the case of divisible currencies ⋮ Asymmetric government transaction policies and currencies substitutability ⋮ Monetary general equilibrium with transaction costs. ⋮ The evolution of monetary equilibrium ⋮ The tax-foundation theory of fiat money ⋮ On the coexistence of money and higher-return assets and its social role ⋮ Debt enforcement and the value of money ⋮ Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money. ⋮ Re-entitlement effects with duration-dependent unemployment insurance in a stochastic matching equilibrium ⋮ Endogenous matching and money with random consumption preferences

Cites Work

• A contribution to the pure theory of money
• Government transaction policy, the medium of exchange, and welfare
• Money and prices: A model of search and bargaining
• Existence of Steady States With Positive Consumption in the Kiyotaki-Wright Model
• Currency Exchange in a Random Search Model
• The Optimal Taxation of Fiat Money in Search Equilibrium

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