Money, price dispersion and welfare

DOI10.1007/s00199-003-0465-1zbMath1084.91045OpenAlexW3125269636MaRDI QIDQ1762775

Shou Yong Shi, Brian L. Peterson

Publication date: 11 February 2005

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

Full work available at URL: https://doi.org/10.1007/s00199-003-0465-1

zbMATH Keywords

InflationSearchEfficiencyPrice dispersion

Mathematics Subject Classification ID

Search theory (90B40) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Heterogeneous beliefs and trading inefficiencies ⋮ Money and price posting under private information ⋮ On the evolution of the united kingdom price distributions

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