Money and price posting under private information

DOI10.1016/J.JET.2013.12.005MaRDI QIDQ2439920zbMATH OpenOpenAlexFDO

Authors Mei Dong, Janet Hua Jiang

Publication date 26 March 2014

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

Full work available at URL http://hdl.handle.net/10419/53823

zbMATH Keywords

private informationmoneypriceundirected search

Mathematics Subject Classification ID

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

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Cites work

• A Divisible Search Model of Fiat Money
• A theory of commerce
• A uniqueness proof for monetary steady state
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
• Money, price dispersion and welfare
• Nonlinear pricing with budget constraint
• ON THE “HOT POTATO” EFFECT OF INFLATION: INTENSIVE VERSUS EXTENSIVE MARGINS
• On the multiplicity of monetary equilibria: Green-Zhou meets Lagos-Wright
• Search, money, and inflation under private information
• Search, welfare, and the ``hot potato effect of inflation
• The cost of inflation: a mechanism design approach
• The optimal mechanism for selling to a budget-constrained buyer

Cited in

(7)

• Making money out of publicly available information
• A new suggestion for simplifying the theory of money
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
• Money, price dispersion and welfare
• Revisiting multiplicity of bubble equilibria in a search model with posted prices
• Self-confirming price dispersion in monetary economies
• Search, money, and inflation under private information

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