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Friedman meets Hosios : efficiency in search models of money

Berentsen, Aleksander; Rocheteau, Guillaume; Shi, Shouyong - In: The economic journal : the journal of the Royal … 117 (2007), pp. 174-195

Persistent link: https://www.econbiz.de/10003412077

Friedman meets Hosios : efficiency in search models of money

Berentsen, Aleksander (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002550100

Friedman meets Hosios : efficiency in search models of money

Berentsen, Aleksander (contributor); … - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001700320

Money in bilateral trade

Berentsen, Aleksander; Rocheteau, Guillaume - In: Swiss journal of economics and statistics 138 (2002) 4, pp. 489-506

Persistent link: https://www.econbiz.de/10001720998

Money and the gains from trade

Berentsen, Aleksander; Rocheteau, Guillaume - 2002

Persistent link: https://www.econbiz.de/10001687780

Money and the gains from trade

Berentsen, Aleksander; Rocheteau, Guillaume - In: International economic review 44 (2003) 1, pp. 263-297

Persistent link: https://www.econbiz.de/10001742755

On the Friedman rule in search models with divisible money

Berentsen, Aleksander (contributor); … - In: Contributions to macroeconomics 3 (2003) 1

Persistent link: https://www.econbiz.de/10001892725

On the Friedman rule in search models with divisible money

Berentsen, Aleksander; Rocheteau, Guillaume - 2003

Persistent link: https://www.econbiz.de/10001772703

Friedmann meets Hosios : efficiency in search models of money

Berentsen, Aleksander; Rocheteau, Guillaume; Shi, Shouyong - 2003

Persistent link: https://www.econbiz.de/10001772707

Friedman Meets Hosios : Efficiency in Search Models of Money

Berentsen, Aleksander; Rocheteau, Guillaume; Shi, Shouyong - 2007

In this paper we study the inefficiencies of the monetary equilibrium and optimal monetary policies in a search economy. We show that the same frictions that give fiat money a positive value generate an inefficient quantity of goods in each trade and an inefficient number of trades (or search...

Persistent link: https://www.econbiz.de/10014077837