Efficiency and the Value of Money

DOI10.2307/2297750zbMath0658.90018OpenAlexW2063190752MaRDI QIDQ3807848

David K. Levine

Publication date: 1989

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: http://www.dklevine.com/papers/valuemon.pdf

zbMATH Keywords

monetary modelunique Pareto inefficient barter equilibrium

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (4)

Monetary equilibrium with missing markets. ⋮ Asset trading mechanisms and expansionary policy ⋮ Infinite horizon equilibrium with incomplete markets ⋮ Endogenous discounting, wariness, and efficient capital taxation

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