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A monetary theory with non-degenerate distributions
Menzio, Guido; Shi, Shouyong; Sun, Hongfei - In: Journal of economic theory 148 (2013) 6, pp. 2266-2312
Persistent link: https://www.econbiz.de/10010257933
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A monetary theory with non-degenerate distributions
Menzio, Guido; Shi, Shouyong; Sun, Hongfei - 2011
Dispersion of money balances among individuals is the basis for a range of policies but it has been abstracted from in monetary theory for tractability reasons. In this paper, we fill in this gap by constructing a tractable search model of money with a non-degenerate distribution of money...
Persistent link: https://www.econbiz.de/10008989495
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A monetary theory with non-degenerate distributions
Menzio, Guido; Shi, Shouyong; Sun, Hongfei - 2011
Persistent link: https://www.econbiz.de/10009236536
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A monetary theory with non-degenerate distributions
Menzio, Guido; Shi, Shouyong; Sun, Hongfei - 2011
Dispersion of money balances among individuals is the basis for a range of policies but it has been abstracted from in monetary theory for tractability reasons. In this paper, we fill in this gap by constructing a tractable search model of money with a non-degenerate distribution of money...
Persistent link: https://www.econbiz.de/10010290428
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A Monetary Theory with Non-Degenerate Distributions
Menzio, Guido - 2011
Dispersion of money balances among individuals is the basis for a range of policies but it has been abstracted from in monetary theory for tractability reasons. In this paper, we fill in this gap by constructing a tractable search model of money with a non-degenerate distribution of money...
Persistent link: https://www.econbiz.de/10013127373
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A Monetary Theory with Non-Degenerate Distributions
Menzio, Guido - 2011
Dispersion of money balances among individuals is the basis for a range of policies but it has been abstracted from in monetary theory for tractability reasons. In this paper, we fill in this gap by constructing a tractable search model of money with a non-degenerate distribution of money...
Persistent link: https://www.econbiz.de/10013128021
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Equilibrium price dispersion with sequential search
Menzio, Guido; Trachter, Nicholas - In: Journal of economic theory 160 (2015), pp. 188-215
Persistent link: https://www.econbiz.de/10011549358
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The (Q,S,s) pricing rule : a quantitative analysis
Burdett, Kenneth; Menzio, Guido - 2017
Persistent link: https://www.econbiz.de/10011770591
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The (Q,S,s) pricing rule : a quantitative analysis
Burdett, Kenneth; Menzio, Guido - In: Research in economics : an international review of economics 71 (2017) 4, pp. 784-797
Persistent link: https://www.econbiz.de/10011879056
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The (Q,S,s) pricing rule
Burdett, Kenneth; Menzio, Guido - In: The review of economic studies 85 (2018) 2, pp. 892-928
Persistent link: https://www.econbiz.de/10011922222