Endogenous search, price dispersion, and welfare
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Publication:1656441
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Cites work
- A Divisible Search Model of Fiat Money
- A lattice-theoretical fixpoint theorem and its applications
- A theory of commerce
- A uniqueness proof for monetary steady state
- Equilibrium Price Dispersion
- Inflation and welfare
- Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
- Search, Price Setting and Inflation
- Search, Sticky Prices, and Inflation
- The morphology of price dispersion
Cited in
(23)- Endogenous endowments and equilibrium starvation in a Walrasian economy
- Endogenous availability, cartels, and merger in an equilibrium price dispersion
- Buyer search and price dispersion: a laboratory study.
- The welfare loss from unstable inflation
- Money, random matching and endogenous growth: a quantitative analysis
- Income inequality and endogenous market structure under directed search
- Aggregation in economies with search frictions
- Self-confirming price dispersion in monetary economies
- Relative price and inflation variability in a simple consumer search model
- Search, Sticky Prices, and Inflation
- The cost of inflation: a mechanism design approach
- On Endogenously Staggered Prices
- The elusive costs of inflation: price dispersion during the U.S. Great Inflation
- Frictional goods markets: theory and applications
- Allocative efficiency measurement with endogenous prices
- Search, welfare, and the ``hot potato effect of inflation
- Money, price dispersion and welfare
- Heterogeneous beliefs, price dispersion, and welfare-improving price controls
- Sequentially mixed search and equilibrium price dispersion
- A competitive search approach to exchange rate pass-through
- Heterogeneous asset valuation in OTC markets and optimal inflation
- Money and imperfectly competitive credit
- Welfare costs of inflation in a dynamic economy with search unemployment
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