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On the micro-foundations of money: The Capitol Hill Baby-Sitting Co-op
Hens, Thorsten; Schenk-Hoppe, Klaus Reiner; Vogt, Bodo - 2003
This paper contributes to the micro-foundation of money in centralized markets with idiosyncratic uncertainty. It shows existence of stationary monetary equilibria and ensures that there is an optimum quantity of money. The rational solution of our model is compared with actual behavior in a...
Persistent link: https://www.econbiz.de/10010295388
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A model of monetary exchange
Hellwig, Martin - 1976
Persistent link: https://www.econbiz.de/10000855507
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Gift, barter, storehouse and money : complexity and cost of exchange in primitive economies
Stodder, James - 1990
Persistent link: https://www.econbiz.de/10000865914
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An arbitrage approach to competitive equilibrium in an exchange economy
Makowski, Louis; Ostroy, Joseph M. - 1991
Persistent link: https://www.econbiz.de/10000869412
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Jevons's "complex cases" in the theory of exchange
Creedy, John - 1991
Persistent link: https://www.econbiz.de/10000833223
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Barter and monetary exchange under private information
Williamson, Steve; Wright, Randall D. - 1992 - Rev
Persistent link: https://www.econbiz.de/10000837014
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Fiat money, barter, and optimal monetary policy with capital
Hayashi, Fumio; Matsui, Akihiko - 1992
Persistent link: https://www.econbiz.de/10000838987
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On the equilibrium price set of a continuous perturbation of exchange economies
Lehmann-Waffenschmidt, Marco - 1988
Persistent link: https://www.econbiz.de/10000746855
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Trade without money : barter and countertrade
Welt, Leo G. - 1984
Persistent link: https://www.econbiz.de/10000722743
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Unraveling in exchange games
Brams, Steven J.; Kilgour, D. Marc; Davis, Morton D. - 1990
Persistent link: https://www.econbiz.de/10000801561