Output and price level effects of monetary uncertainty in a matching model

DOI10.1016/S0022-0531(03)00030-9zbMATH Open1031.91085MaRDI QIDQ1810686FDOQ1810686

Authors: Brett Katzman, John Kennan, Neil Wallace 

Publication date: 9 June 2003

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

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zbMATH Keywords

Mechanism designPrivate informationMonetary exchangeRandom matching

Mathematics Subject Classification ID

Matching models (91B68)

Cites Work

• Money is memory
• Search for a monetary propagation mechanism
• Indivisibilities, lotteries, and monetary exchange
• Money and prices: A model of search and bargaining
• Introduction to modeling money and studying monetary policy
• Volatile policy and private information: The case of monetary shocks

Cited In (8)

• On the output effects of monetary variability
• The Phillips curve in a matching model
• Efficient propagation of shocks and the optimal return on money
• A new suggestion for simplifying the theory of money
• Uncertain potential output: Implications for monetary policy
• Learning from private and public observations of others' actions
• The (Mis)Behaviour of the Aggregate Price Level
• Output persistence from monetary shocks with staggered prices or wages under a Taylor rule

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