Fiat money in the Kiyotaki-Wright model

DOI10.1007/BF01212470zbMath0810.90026MaRDI QIDQ1338094

S. Rao Aiyagari, Neil Wallace

Publication date: 17 April 1995

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

zbMATH Keywords

tradefiat money

Mathematics Subject Classification ID

Special types of economic equilibria (91B52)

Related Items (8)

Introduction to the symposium issue on money and liquidity ⋮ More on money as a medium of exchange ⋮ Search, evolution, and money ⋮ Government transaction policy, the medium of exchange, and welfare ⋮ A new suggestion for simplifying the theory of money ⋮ Stationarity without degeneracy in a model of commodity money ⋮ Commodity money with frequent search ⋮ A dynamic analysis of Nash equilibria in search models with fiat money

Cites Work

• A contribution to the pure theory of money
• Existence of Steady States With Positive Consumption in the Kiyotaki-Wright Model
• Toward a Theory of International Currency

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