Commodity money with frequent search

DOI10.1016/J.JET.2012.09.013zbMATH Open1283.91139OpenAlexW3125515148MaRDI QIDQ694738FDOQ694738

Authors: Ezra Oberfield, Nicholas Trachter 

Publication date: 13 December 2012

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

Full work available at URL: http://www.chicagofed.org/digital_assets/publications/working_papers/2010/wp2010_22.pdf

Recommendations

• More on money as a medium of exchange
• Money and prices: A model of search and bargaining
• Commodity money in the presence of goods of heterogeneous quality
• Search, evolution, and money
• A rudimentary random-matching model with divisible money and prices

zbMATH Keywords

multiple equilibriasearchcommodity moneysunspots

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic dynamics (91B55)

Cites Work

• Indeterminacy and increasing returns
• Fiat money in the Kiyotaki-Wright model
• More on money as a medium of exchange
• Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money.
• On the indeterminacy of capital accumulation paths
• Information and Timing in Repeated Partnerships
• Coordinating Coordination Failures in Keynesian Models
• Anonymous sequential games
• A sunspot paradox

Cited In (6)

• New leads in speculative behavior
• Stationarity without degeneracy in a model of commodity money
• More on money as a medium of exchange
• A dynamic analysis of Nash equilibria in search models with fiat money
• A new suggestion for simplifying the theory of money
• Money mining and price dynamics: the case of divisible currencies

This page was built for publication: Commodity money with frequent search

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q694738)