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The distribution of money and prices in an equilibrium with lotteries
Berentsen, Aleksander; Camera, Gabriele; Waller, Christopher - In: Economic Theory 24 (2004) 4, pp. 887-906
do so by considering randomized monetary trades in a standard search-theoretic model of money where agents can hold …
Persistent link: https://www.econbiz.de/10005370807
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Distributional aspects of the divisibility of money: an example
Camera, Gabriele - In: Economic Theory 25 (2005) 2, pp. 487-495
I highlight the importance of the distributional aspects of money’s divisibility by comparing a search-theoretic model …
Persistent link: https://www.econbiz.de/10005371144