Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10008746139
Persistent link: https://www.econbiz.de/10011289326
Persistent link: https://www.econbiz.de/10011313655
Persistent link: https://www.econbiz.de/10011552216
Persistent link: https://www.econbiz.de/10011541500
Persistent link: https://www.econbiz.de/10011447084
Persistent link: https://www.econbiz.de/10013135673
Persistent link: https://www.econbiz.de/10009011916
We develop a theory of money and credit as competing payment instruments, then put it to work in applications. Buyers can use cash or credit, with the former (latter) subject to the inflation tax (transaction costs). Frictions that make the choice of payment method interesting also imply...
Persistent link: https://www.econbiz.de/10011716479
Persistent link: https://www.econbiz.de/10011593488