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A uniqueness proof for monetary steady state
Wright, Randall D. - In: Journal of economic theory 145 (2010) 1, pp. 382-391
Persistent link: https://www.econbiz.de/10003946949
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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; 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 - 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
Persistent link: https://www.econbiz.de/10009236536
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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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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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Adverse selection in competitive search equilibrium
Guerrieri, Veronica; Shimer, Robert; Wright, Randall D. - 2009
Persistent link: https://www.econbiz.de/10003839071
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Search and the market for ideas
Silveira, Rafael; Wright, Randall D. - In: Journal of economic theory 145 (2010) 4, pp. 1550-1573
Persistent link: https://www.econbiz.de/10008697457
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Adverse selection in competitive search equilibrium
Guerrieri, Veronica; Shimer, Robert; Wright, Randall D. - In: Econometrica : journal of the Econometric Society, an … 78 (2010) 6, pp. 1823-1862
Persistent link: https://www.econbiz.de/10008823630