Advanced Search
MyIDEAS: Login to save this paper or follow this series

Ongoing Relations, Money and Credit

Contents:

Author Info

  • Schulz, E
Registered author(s):

    Abstract

    A model which explains, at a primitive level, the coexistence of money and credit, even though buyers prefer credit, an which allows the study of the interaction of money and credit is introduced. This is done in a setting with ongoing relations between sellers and untrustworthy buyers in which the choice of the medium of exchange is endogenous. The introduction of money results in less credit availability but helps to overcome the trading frictions so that the volume of trade increases. It is possible for there to be a monetary equilibrium which is Pareto dominated by the nonmonetary equilibrium.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Paper provided by Department of Economics, Williams College in its series Department of Economics Working Papers with number 179.

    as in new window
    Length: 26 pages
    Date of creation: 1996
    Date of revision:
    Handle: RePEc:wil:wileco:179

    Contact details of provider:
    Postal: Williamstown, MA 01267
    Phone: 413 597 2476
    Fax: 413 597 4045
    Email:
    Web page: http://econ.williams.edu
    More information through EDIRC

    Order Information:
    Email:

    Related research

    Keywords: GENERAL EQUILIBRIUM; CREDIT; MONEY; TECHNOLOGY;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:wil:wileco:179. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stephen Sheppard).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.