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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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Efficient search on the job and the business cycle
Menzio, Guido; Shi, Shouyong - In: Journal of political economy 119 (2011) 3, pp. 468-510
Persistent link: https://www.econbiz.de/10009309419
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Financial frictions, investment delay, and asset market interventions
Shi, Shouyong; Tewfik, Christine - In: Journal of money, credit and banking : JMCB 47 (2015), pp. 155-196
Persistent link: https://www.econbiz.de/10011345035
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Pricing and signaling with frictions
Delacroix, Alain; Shi, Shouyong - In: Journal of economic theory 148 (2013) 4, pp. 1301-1332
Persistent link: https://www.econbiz.de/10009763699
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Liquidity, innovation and growth
Berentsen, Aleksander; Rojas Breu, Mariana; Shi, Shouyong - In: Journal of monetary economics 59 (2012) 8, pp. 721-737
Persistent link: https://www.econbiz.de/10009702394
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Vehicle currency
Devereux, Michael B.; Shi, Shouyong - In: International economic review 54 (2013) 1, pp. 97-133
Persistent link: https://www.econbiz.de/10009715156
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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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Directed search on the job, heterogeneity, and aggregate fluctuations
Menzio, Guido; Shi, Shouyong - In: The American economic review 100 (2010) 2, pp. 327-332
Persistent link: https://www.econbiz.de/10008748277
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Currency areas and monetary coordination
Liu, Qing; Shi, Shouyong - In: International economic review 51 (2010) 3, pp. 813-836
Persistent link: https://www.econbiz.de/10008771278
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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