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Money and Price Dispersion

Author

Listed:
  • Camera, G.

    (Purdue University)

  • Corbae, D.

    (University of Iowa)

Abstract

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.

Suggested Citation

  • Camera, G. & Corbae, D., 1998. "Money and Price Dispersion," Working Papers 98-03, University of Iowa, Department of Economics.
    • Handle: RePEc:uia:iowaec:98-03
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    Keywords

    MONEY ; PRICES;

    JEL classification:

    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General

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