Money and Price Dispersion
How do changes in the quality of money affect price dispersion or more generally the equilibrium distribution of prices? We relax the storage technology for fiat money in a prototypical search model to answer this question.
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|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: University of Iowa, Department of Economics, Henry B. Tippie College of Business, Iowa City, Iowa 52242|
Phone: (319) 335-0829
Fax: (319) 335-1956
Web page: http://tippie.uiowa.edu/economics/
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