Government transaction policy, the medium of exchange, and welfare

DOI10.1006/JETH.1996.2250MaRDI QIDQ1367904zbMATH OpenOpenAlexFDO

Authors S. Rao Aiyagari, Neil Wallace

Publication date 6 May 1998

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

Full work available at URL https://doi.org/10.1006/jeth.1996.2250

zbMATH Keywords

Kiyotaki-Wright model of media of exchange

Mathematics Subject Classification ID

Recommendations

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Cites work

• Existence of Steady States With Positive Consumption in the Kiyotaki-Wright Model
• Fiat money in the Kiyotaki-Wright model

Cited in

(6)

• A microfounded approach to currency substitution and government policy
• The tax-foundation theory of fiat money
• Government transaction policy, media of exchange, and prices
• Asymmetric government transaction policies and currencies substitutability
• Money mining and price dynamics: the case of divisible currencies
• The evolution of monetary equilibrium

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