Co-essentiality of money and credit: a mechanism-design view

DOI10.1016/j.jet.2023.105734zbMath1530.91132OpenAlexW4386608335MaRDI QIDQ6090459

Hugo van Buggenum, Stanislav Rabinovich

Publication date: 17 November 2023

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

Full work available at URL: https://doi.org/10.1016/j.jet.2023.105734

zbMATH Keywords

creditsearchmechanism designmoneyessentiality

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Trade models (91B60) Credit risk (91G40) Mechanism design theory (91B03)

Cites Work

• Monetary mechanisms
• Money and credit as means of payment: a new monetarist approach
• The cost of inflation: a mechanism design approach
• Decentralizing constrained-efficient allocations in the Lagos-Wright pure currency economy
• Money, credit and banking
• Money is memory
• Optimal monetary interventions in credit markets
• Indeterminacy in credit economies
• Pairwise trade and coexistence of money and higher-return assets
• On the coexistence of money and higher-return assets and its social role
• STICKY PRICES AND COSTLY CREDIT
• Money and Credit Redux
• Frictional Goods Markets: Theory and Applications
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium

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