Pairwise trade and coexistence of money and higher-return assets

DOI10.1016/j.jet.2005.08.001zbMath1280.91114OpenAlexW1969218498MaRDI QIDQ2370514

Neil Wallace, Tao Zhu

Publication date: 26 June 2007

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

Full work available at URL: https://doi.org/10.1016/j.jet.2005.08.001

zbMATH Keywords

coexistencemoneyhigher-return assets

Mathematics Subject Classification ID

Trade models (91B60) General equilibrium theory (91B50)

Related Items (15)

Search-based models of money and finance: an integrated approach ⋮ Pairwise trade and coexistence of money and higher-return assets ⋮ Imperfect recognizability and coexistence of money and higher-return assets ⋮ Money mining and price dynamics: the case of divisible currencies ⋮ A new suggestion for simplifying the theory of money ⋮ Intermediary cost and coexistence puzzle ⋮ Limited commitment and the legal restrictions theory of the demand for money ⋮ Co-essentiality of money and credit: a mechanism-design view ⋮ On the coexistence of money and higher-return assets and its social role ⋮ Debt enforcement and the value of money ⋮ An overlapping-generations model with search ⋮ Essential interest-bearing money ⋮ A model of debit card as a means of payment ⋮ MONEY AND NOMINAL BONDS ⋮ Is uniform money always better than separate monies?

Cites Work

• A theory of money and financial institutions. 28. The noncooperative equilibria of a closed trading economy with market supply and bidding strategles
• Existence of a monetary steady state in a matching model: Indivisible money.
• Money and prices: A model of search and bargaining
• Pairwise trade and coexistence of money and higher-return assets
• A Noncooperative View of Coalition Formation and the Core

This page was built for publication: Pairwise trade and coexistence of money and higher-return assets