Money and credit with limited commitment and theft

DOI10.1016/j.jet.2009.12.002zbMath1245.91064MaRDI QIDQ981046

Daniel Sanches, Stephen D. Williamson

Publication date: 8 July 2010

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

Full work available at URL: https://mpra.ub.uni-muenchen.de/20690/2/MPRA_paper_20690.pdf

zbMATH Keywords

theft; credit; money; imperfect memory; optimal monetary policy

Mathematics Subject Classification ID

91B64: Macroeconomic theory (monetary models, models of taxation)

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Cites Work

• Money is memory
• Money and dynamic credit arrangements with private information
• On Efficient Distribution with Private Information
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
• Implications of Efficient Risk Sharing without Commitment