; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "A Model of a Currency Shortage"; ; "batchuser@example.com"; "Wallace, Neil", "Zhou, Ruilin"; "Federal Reserve Bank of Minneapolis"; "Currency shortage", "Export of coins", "Indivisible money"; "N10 - Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: General, International, or Comparative", "E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems", "E40 - Money and Interest Rates: General"; "Until the mid-19th century, shortages of currency were sometimes serious problems. One common response was to prohibit the export of coins. We use a random matching model with indivisible money to explain a shortage and to judge the desirability of a prohibition on the export of coins. The model, although extreme in many regards, represents better than earlier models a demand for outside money and the problems that arise when that money is indivisible. It can also rationalize a prohibition on the export of coins. "^^; "1996-08"; "2019-07-30T15:23:37.803777119+00:00"^^; "https://doi.org/10.21034/wp.569"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Oct 23 17:58:52 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "823", "883"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "569"; "Export of coins", "Indivisible money", "Currency shortage"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in: _Journal of Monetary Economics_ (Vol. 40, No. 3, December 1997, pp. 555-572), https://doi.org/10.1016/S0304-3932(97)00053-6."^^; ; "Publication" . ; .