Money and insurance in a turnpike environment

DOI10.1007/BF01213689zbMath0808.90029MaRDI QIDQ1338999

Andreas Hornstein, Per Krusell

Publication date: 15 March 1995

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

zbMATH Keywords

feasible insurance marketspatial separation model of money

Mathematics Subject Classification ID

Trade models (91B60) Spatial models in sociology (91D25)

Related Items (3)

Money, banking, and capital formation ⋮ Monetary stability and liquidity crises: The role of the lender of last resort ⋮ A NOTE ON THE ROBUSTNESS OF THE TOBIN EFFECT IN INCOMPLETE MARKETS

Cites Work

• On the optimality of equilibrium when the market structure is incomplete

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