use of mobile money as a method to pay suppliers and access to trade credit. We develop a dynamic general equilibrium …. Mobile money<br/>dominates at money as a medium of exchange in its capacity to avoid theft, but it comes with higher … transaction costs. The interaction between risk of theft and limited access to trade credit generates demand for mobile money as a …

.In models with indivisibilities it is typically assumed that there is only one perfectly divisible good, which serves as money ….The presence of money in the model is used to transfer the value of certain amounts of indivisible goods.For such economies with … supplies belong to a same class of discrete convexity.For economies with multiple divisible goods and money van der Laan et al …

This paper reconsiders the optimal taxation of money and other financial assets.The optimal tax formulae reflect that … money provides liquidity services and is a saving vehicle.In fact, it is useful to reformulate the optimal tax problem to … allow for separate taxes on the liquidity and saving functions of money.This reformulation allows one to better understand …

Random matching models with different states are an important class of dynamic games; for example, money search models …

(two-price equilibrium) exists in a simple matching model with divisible money presented by Green and Zhou (1998).We also …

In this paper we introduce a model of an exchange economy with indivisible goods and money.There are nitely many agents … each of whom owns one unit of each of nitely many di erent types of indivisible goods and certain amount of money. Each …