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A theory of optimal denominations for government liabilities

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Publication:1341461
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DOI10.1007/BF01210262zbMath0819.90012OpenAlexW2067128843MaRDI QIDQ1341461

Bruce D. Smith, Thomas F. Cooley

Publication date: 5 January 1995

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

Full work available at URL: https://doi.org/10.1007/bf01210262


zbMATH Keywords

stationary equilibriumcompetitive monetary exchange


Mathematics Subject Classification ID

General equilibrium theory (91B50)


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When should bank regulation favor the wealthy? ⋮ Decentralizing lottery allocations in markets with indivisible commodities



Cites Work

  • Unnamed Item
  • Trade using assets divisible at a cost
  • Comparative Statics and Perfect Foresight in Infinite Horizon Economies
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