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Filtrado por: Creador Levine, David K. Palabra clave Monetary equilbria Tipo de recurso Research Paper Tema D51 - Exchange and Production Economies

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Creator:: Levine, David K.
Series:: Working paper (Federal Reserve Bank of Minneapolis. Research Department)
Number:: 386
Abstract:: In a monetary model, it is shown that if there is a unique Pareto inefficient barter equilibrium, then a monetary equilibrium exists when traders are sufficiently patient.
Palabra clave:: Money, Monetary equilbria, Inflation, Barter equilibria, and Consumers
Tema:: E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems and D51 - Exchange and Production Economies

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