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The extent of the market and optimal specialization
Shi, Shouyong - In: Economic theory : official journal of the Society for … 25 (2005) 2, pp. 333-351
Persistent link: https://www.econbiz.de/10002595566
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The extent of the market and the optimal degree of specialization
Shi, Shouyong (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001700313
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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
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Friedman meets Hosios : efficiency in search models of money
Berentsen, Aleksander (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002550100
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Friedman meets Hosios : efficiency in search models of money
Berentsen, Aleksander (contributor);  … - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001700320
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Bargaining with surplus destruction
Busch, Lutz-Alexander - In: The Canadian journal of economics 31 (1998) 4, pp. 915-932
Persistent link: https://www.econbiz.de/10001253512
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Friedmann meets Hosios : efficiency in search models of money
Berentsen, Aleksander; Rocheteau, Guillaume; Shi, Shouyong - 2003
Persistent link: https://www.econbiz.de/10001772707
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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