A tractable model of monetary exchange with ex post heterogeneity
From MaRDI portal
Publication:4612472
DOI10.3982/TE2821zbMath1419.91515OpenAlexW1574433335MaRDI QIDQ4612472
Tsz-Nga Wong, Pierre-Olivier Weill, Guillaume Rocheteau
Publication date: 31 January 2019
Published in: Theoretical Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.3982/te2821
Related Items
Effects of R\&D policy on income inequality in a growth model with heterogeneous assets and skills, Heterogeneity, decentralized trade, and the long-run real effects of inflation, Money mining and price dynamics: the case of divisible currencies, Endogenous liquidity and volatility, Competitively-issued convertible bank notes in a theory of finance: Earl Thompson meets Fischer Black, Unique monetary equilibrium with inflation in a stationary Bewley-Aiyagari model
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Decentralizing constrained-efficient allocations in the Lagos-Wright pure currency economy
- A tractable model of indirect asset liquidity
- Incomplete markets and the output-inflation tradeoff
- The risk-free rate in heterogeneous-agent incomplete-insurance economies
- Optimal monetary policy with heterogeneous money holdings
- Money and capital as competing media of exchange
- Money, credit and banking
- The welfare cost of inflation under imperfect insurance
- Money is memory
- A rudimentary random-matching model with divisible money and prices
- On the existence and uniqueness of stationary equilibrium in Bewley economies with production
- Societal benefits of illiquid bonds.
- Imperfect recognizability and coexistence of money and higher-return assets
- Existence of a monetary steady state in a matching model: divisible money
- A monetary theory with non-degenerate distributions
- Optimal control problems on stratified domains
- A Difficulty with the Optimum Quantity of Money
- Borrowing Constraints and Aggregate Economic Activity
- The Lebesgue-Stieltjes Integral
- Information, Liquidity, Asset Prices, and Monetary Policy
- A Tractable Monetary Model under General Preferences
- A Model of the Consumption Response to Fiscal Stimulus Payments
- Optimal money creation in “pure currency” economies: a conjecture *
- Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
- ON THE “HOT POTATO” EFFECT OF INFLATION: INTENSIVE VERSUS EXTENSIVE MARGINS
- SEARCH, WELFARE, AND THE “HOT POTATO” EFFECT OF INFLATION
- Envelope Theorems for Arbitrary Choice Sets
- Dynamic Monetary Equilibrium in a Random Matching Economy
- Convex Analysis
- Optimal control and viscosity solutions of Hamilton-Jacobi-Bellman equations