A commodity-money refinement in matching models

DOI10.1016/J.JET.2003.07.007MaRDI QIDQ707296zbMATH OpenOpenAlexFDO

Authors Neil Wallace, Tao Zhu

Publication date 9 February 2005

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

Full work available at URL https://doi.org/10.1016/j.jet.2003.07.007

zbMATH Keywords

RefinementCommodity modelMatching model

Mathematics Subject Classification ID

Matching models (91B68)

Recommendations

• Existence of a monetary steady state in a matching model: Indivisible money.
• Does commodity money eliminate the indeterminacy of equilibrium?
• Existence of a monetary steady state in a matching model: divisible money
• Dynamic Monetary Equilibrium in a Random Matching Economy
• Discrete time dynamics in a random matching monetary model

Cites work

• Does commodity money eliminate the indeterminacy of equilibrium?
• Existence of a monetary steady state in a matching model: Indivisible money.
• Money and prices: A model of search and bargaining

Cited in

(9)

• Stationary monetary equilibria with strictly increasing value functions and non-discrete money holdings distributions: an indeterminacy result
• Trejos-Wright with a 2-unit bound: existence and stability of monetary steady states
• Existence of a monetary steady state in a matching model: divisible money
• A new suggestion for simplifying the theory of money
• The evolution of monetary equilibrium
• Credibility of central banks in monetary economies
• Commodity money equilibrium in a convex trading post economy with transaction costs
• The instability of some non-full-support steady states in a random matching model of money
• Commodity money in the presence of goods of heterogeneous quality

This page was built for publication: A commodity-money refinement in matching models

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q707296)