Showing 1 - 10 of 11
The search-theoretic approach to monetary economics, initiated by the seminal papers of Kiyotaki and Wright [1989, 1993], offers a framework for the rationale of money, defined as an intrinsically useless object or good used as medium of exchange. This class of models has been criticized for the...
Persistent link: https://www.econbiz.de/10011187218
Persistent link: https://www.econbiz.de/10010223015
Persistent link: https://www.econbiz.de/10011731174
Persistent link: https://www.econbiz.de/10012886226
Persistent link: https://www.econbiz.de/10012886341
Persistent link: https://www.econbiz.de/10014250702
original model and (ii) stability in regards to learning in the modified model. Taking learning into account enables to detect …
Persistent link: https://www.econbiz.de/10011187177
Persistent link: https://www.econbiz.de/10001121637
Persistent link: https://www.econbiz.de/10010485757
Persistent link: https://www.econbiz.de/10002233742