Incomplete record-keeping and optimal payment arrangements

DOI10.1006/jeth.1998.2396zbMath0910.90043OpenAlexW2011851009MaRDI QIDQ1270738

Neil Wallace, Narayana R. Kocherlakota

Publication date: 19 April 1999

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

Full work available at URL: https://doi.org/10.1006/jeth.1998.2396

zbMATH Keywords

random-matching, absence-of-double-coincidence environment

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (15)

On the optimality of monetary trading ⋮ Money and credit as means of payment: a new monetarist approach ⋮ Information technology and the welfare cost of anticipated inflation ⋮ A search-theoretic model of double-spending fraud ⋮ Communication with tokens in repeated games on networks ⋮ Monetary general equilibrium with transaction costs. ⋮ The cost of inflation: a mechanism design approach ⋮ Endogenizing the provision of money: costs of commodity and fiat monies in relation to the value of trade ⋮ On the coexistence of money and higher-return assets and its social role ⋮ A ``super folk theorem for dynastic repeated games ⋮ Societal benefits of illiquid bonds. ⋮ Introduction to modeling money and studying monetary policy ⋮ Money is memory ⋮ Limited monitoring and the essentiality of money ⋮ The size of meetings and the role of money

Cites Work

• Money is memory
• Money and storage in a differential information economy
• Money and prices: A model of search and bargaining
• Existence of Steady States With Positive Consumption in the Kiyotaki-Wright Model

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