A reexamination of the store of value in a sequence economy with transaction costs

DOI10.1016/0022-0531(78)90083-2zbMath0391.90015OpenAlexW1996022723MaRDI QIDQ1251579

Seppo Honkapohja

Publication date: 1978

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(78)90083-2

zbMATH Keywords

Competitive EquilibriaGeneral Equilibrium TheoryMonetary EquilibriaMoney As a Store of ValueSequence EconomyTransaction Costs

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Cites Work

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• General equilibrium with money: Indeterminacy of price level and efficiency
• Inefficiency and the Demand for "Money" in a Sequence Economy
• Equilibrium in a Finite Sequence of Markets with Transaction Cost
• Arrow-Debreu Equilibrium of an Exchange Economy with Transaction Cost
• A Brief Note on the Efficiency of Equilibria with Costly Transactions
• On the Efficiency of a Competitive Monetary Equilibrium with Transaction Costs
• On Transaction Costs, Inessential Sequence Economies and Money
• Equilibrium with Transaction Costs

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