Showing 1 - 10 of 9,238
Persistent link: https://www.econbiz.de/10003788883
Persistent link: https://www.econbiz.de/10003327500
Persistent link: https://www.econbiz.de/10003905393
Persistent link: https://www.econbiz.de/10008666399
Persistent link: https://www.econbiz.de/10003948325
Persistent link: https://www.econbiz.de/10003546124
This paper studies the long run welfare costs of inflation in a micro-founded model with trading frictions and costly liquidity management. Agents face uninsurable idiosyncratic uncertainty regarding trading opportunities in a decentralized goods market and must pay a fixed cost to rebalance...
Persistent link: https://www.econbiz.de/10003560521
Persistent link: https://www.econbiz.de/10003855877
Persistent link: https://www.econbiz.de/10010389730
Persistent link: https://www.econbiz.de/10003207043