The threat of counterfeiting in competitive search equilibrium

DOI10.1016/j.jedc.2014.07.016zbMath1402.91503OpenAlexW2011490199MaRDI QIDQ1991918

Enchuan Shao

Publication date: 2 November 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://www.bankofcanada.ca/wp-content/uploads/2013/07/wp2013-22.pdf

zbMATH Keywords

competitive searchcounterfeitingpartially directed search

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (4)

Limelight on dark markets: theory and experimental evidence on liquidity and information ⋮ Counterfeiting, screening and government policy ⋮ Undefeated equilibria of the Shi-Trejos-Wright model under adverse selection ⋮ Adverse selection and costly information acquisition in asset markets

Cites Work

• Search, money, and inflation under private information
• Pricing and signaling with frictions
• ON THE THREAT OF COUNTERFEITING
• Adverse Selection in Competitive Search Equilibrium
• Money and Information
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium

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