Search, money, and inflation under private information

DOI10.1016/J.JET.2007.01.016MaRDI QIDQ936633zbMATHOpenAlexFDO

Authors Huberto M. Ennis

Publication date 19 August 2008

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

Full work available at URL https://doi.org/10.1016/j.jet.2007.01.016

zbMATH Keywords

welfarerandom matchingdemand for money

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Special types of economic markets (including Cournot, Bertrand) (91B54) Matching models (91B68)

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Cites work

• A Divisible Search Model of Fiat Money
• A theory of commerce
• Belief-based refinements in signalling games
• Incentives to produce quality and the liquidity of money
• Inflation and welfare
• Monetary policy and price level determinacy in a cash-in-advance economy
• Money and Information
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
• Signaling Games and Stable Equilibria
• The optimal mechanism for selling to a budget-constrained buyer

Cited in

(12)

• Private information, money, and growth: Indeterminacy, fluctuations, and the Mundell-Tobin effect
• Money and Information
• The cost of inflation: a mechanism design approach
• New monetarism with endogenous product variety and monopolistic competition
• Monetary policy with linear information costs
• Money and price posting under private information
• Search, Price Setting and Inflation
• Money and dynamic credit arrangements with private information
• Undefeated equilibria of the Shi-Trejos-Wright model under adverse selection
• Revisiting multiplicity of bubble equilibria in a search model with posted prices
• Adverse selection, segmented markets, and the role of monetary policy
• The threat of counterfeiting in competitive search equilibrium

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