Patterns of exchange, fiat money and the welfare costs of inflation
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Martin Shubik, 2000.
"The Theory of Money,"
Working Papers
00-03-021, Santa Fe Institute.
- Martin Shubik, 2000. "The Theory of Money," Cowles Foundation Discussion Papers 1253, Cowles Foundation for Research in Economics, Yale University.
- Cooley, Thomas F & Hansen, Gary D, 1989.
"The Inflation Tax in a Real Business Cycle Model,"
American Economic Review, American Economic Association, vol. 79(4), pages 733-748, September.
- Thomas F. Cooley & Gary D. Hansen, 1987. "The Inflation Tax in a Real Business Cycle Model," UCLA Economics Working Papers 496, UCLA Department of Economics.
- Cooley, T.F. & Hansen, G.D., 1988. "The Inflation Tax In A Real Business Cycle Model," RCER Working Papers 155, University of Rochester - Center for Economic Research (RCER).
- Cooley, T.F. & Hansen, G.D., 1988. "The Inflation Tax In A Real Business Cycle Model," Papers 88-05, Rochester, Business - General.
- Shubik, Martin, 1990.
"A game theoretic approach to the theory of money and financial institutions,"
Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 1, chapter 5, pages 171-219,
Elsevier.
- Martin Shubik, 1986. "A Game Theoretic Approach to the Theory of Money and Financial Institutions," Cowles Foundation Discussion Papers 805, Cowles Foundation for Research in Economics, Yale University.
- Dubey, Pradeep & Sahi, Siddharta & Shubik, Martin, 1993.
"Repeated trade and the velocity of money,"
Journal of Mathematical Economics, Elsevier, vol. 22(2), pages 125-137.
- Martin Shubik & Pradeep Dubey & Siddhartha Sahi, 1989. "Repeated Trade and the Velocity of Money," Cowles Foundation Discussion Papers 895, Cowles Foundation for Research in Economics, Yale University.
- S. Rao Aiyagari, 1990. "Deflating the case for zero inflation," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 14(Sum), pages 2-11.
- Lucas, Robert E, Jr & Stokey, Nancy L, 1987.
"Money and Interest in a Cash-in-Advance Economy,"
Econometrica, Econometric Society, vol. 55(3), pages 491-513, May.
- Robert E. Lucas Jr. & Nancy L. Stokey, 1984. "Money and Interest in Cash-In-Advance Economy," Discussion Papers 628, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Robert E. Lucas, Jr. & Nancy L. Stokey, 1985. "Money and Interest in a Cash-in-Advance Economy," NBER Working Papers 1618, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sturzenegger, Federico, 1997. "Understanding the welfare implications of currency substitution," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 391-416.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Honohan, Patrick & Vittas, Dimitri, 1996. "Bank regulation and the network paradigm : policy implications for developing and transition economies," Policy Research Working Paper Series 1631, The World Bank.
- Michael Frenkel & Gil Mehrez, 1997. "The Misallocation of Resources of Anticipated Inflation," Macroeconomics 9706003, University Library of Munich, Germany.
- Ralph Chami & Thomas F. Cosimano & Connel Fullenkamp, 2001. "Capital Trading, Stock Trading, and the Inflation Tax on Equity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 4(3), pages 575-606, July.
- Jones, Larry E. & Manuelli, Rodolfo E., 1995.
"Growth and the effects of inflation,"
Journal of Economic Dynamics and Control, Elsevier, vol. 19(8), pages 1405-1428, November.
- Larry E. Jones & Rodolfo E. Manuelli, 1993. "Growth and the Effects of Inflation," NBER Working Papers 4523, National Bureau of Economic Research, Inc.
- S. Rao Aiyagari & R. Anton Braun & Zvi Eckstein, 1998.
"Transaction Services, Inflation, and Welfare,"
Journal of Political Economy, University of Chicago Press, vol. 106(6), pages 1274-1301, December.
- S. Rao Aiyagari & R. Anton Braun & Zvi Eckstein, 1995. "Transaction services, inflation, and welfare," Working Papers 551, Federal Reserve Bank of Minneapolis.
- S. Rao Aiyagari & R. Anton Braun & Zvi Eckstein, 1998. "Transaction services, inflation, and welfare," Staff Report 241, Federal Reserve Bank of Minneapolis.
- Aiyagari, S.R. & Braum, T. & Eckstein, Z., 1995. "Transaction Services, Inflation and Welfare," Papers 27-95, Tel Aviv - the Sackler Institute of Economic Studies.
- Irasema Alonso, 2004. "Persistent, Nonfundamental Exchange Rate Fluctuations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 687-706, July.
- Charles T. Carlstrom & Timothy S. Fuerst, 2003.
"Money Growth Rules and Price Level Determinacy,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(2), pages 263-275, April.
- Charles T. Carlstrom & Timothy S. Fuerst, 2000. "Money growth rules and price level determinacy," Working Papers (Old Series) 0010, Federal Reserve Bank of Cleveland.
- Kim, Dong-Hyeon & Lin, Shu-Chin, 2023. "Income inequality, inflation and financial development," Journal of Empirical Finance, Elsevier, vol. 72(C), pages 468-487.
- Scheffel, Eric, 2008. "A Credit-Banking Explanation of the Equity Premium, Term Premium, and Risk-Free Rate Puzzles," Cardiff Economics Working Papers E2008/30, Cardiff University, Cardiff Business School, Economics Section.
- Manoel BITTENCOURT, 2009.
"Macroeconomic Performance And Inequality: Brazil, 1983–94,"
The Developing Economies, Institute of Developing Economies, vol. 47(1), pages 30-52, March.
- M.F.Meyer Bittencourt, 2005. "Macroeconomic Performance and Inequality: Brazil 1983-94," The Centre for Market and Public Organisation 05/114, The Centre for Market and Public Organisation, University of Bristol, UK.
- Manoel F. Meyer Bittencourt, 2005. "Macroeconomic Performance and Inequality: Brazil 1983-94," Ibero America Institute for Econ. Research (IAI) Discussion Papers 130, Ibero-America Institute for Economic Research.
- Edward C. Prescott & Ryan Wessel, 2016. "Fiat Value in the Theory of Value," Staff Report 530, Federal Reserve Bank of Minneapolis.
- Scheffel, Eric, 2008. "Consumption Velocity in a Cash Costly-Credit Model," Cardiff Economics Working Papers E2008/31, Cardiff University, Cardiff Business School, Economics Section.
- Dimitrios Tsomocos, 2003.
"Equilibrium analysis, banking, contagion and financial fragility,"
FMG Discussion Papers
dp450, Financial Markets Group.
- Dimitrios P Tsomocos, 2003. "Equilibrium analysis, banking, contagion and financial fragility," Bank of England working papers 175, Bank of England.
- Dimitrios Tsomocos, 2003. "Equilibrium Analysis, Banking, Contagion and Financial Fragility," OFRC Working Papers Series 2003fe03, Oxford Financial Research Centre.
- Tsomocos, Dimitrios P., 2003. "Equilibrium analysis, banking, contagion and financial fragility," LSE Research Online Documents on Economics 24826, London School of Economics and Political Science, LSE Library.
- Norrbin, Stefan C. & Reffett, Kevin L., 1996. "A substitution test of long-run money demand," Journal of Macroeconomics, Elsevier, vol. 18(2), pages 253-270.
- Mavikela Nomahlubi & Mhaka Simba & Phiri Andrew, 2019.
"The Inflation-Growth Relationship in SSA Inflation-Targeting Countries,"
Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 64(2), pages 84-102, August.
- Nomahlubi Mavikela & Simba Mhaka & Andrew Phiri, 2018. "The inflation-growth relationship in SSA inflation targeting countries," Working Papers 1801, Department of Economics, Nelson Mandela University, revised Jan 2018.
- Mavikela, Nomahlubi & Mhaka, Simba & Phiri, Andrew, 2018. "The inflation-growth relationship in SSA inflation targeting countries," MPRA Paper 82141, University Library of Munich, Germany.
- DÃaz-Giménez, Javier & Kirkby, Robert, 2016. "Inflation and the growth rate of money in the long run and the short run," Working Paper Series 5047, Victoria University of Wellington, School of Economics and Finance.
- Andrew Phiri, 2020.
"Endogenous monetary approach to optimal inflation–growth nexus in Swaziland,"
African Journal of Economic and Management Studies, Emerald Group Publishing Limited, vol. 11(4), pages 559-571, March.
- Andrew Phiri, 2018. "Endogenous monetary approach to optimal inflation-growth nexus in Swaziland," Working Papers 1827, Department of Economics, Nelson Mandela University.
- Phiri, Andrew, 2018. "Endogenous monetary approach to optimal inflation-growth nexus in Swaziland," MPRA Paper 88258, University Library of Munich, Germany.
- Barbar, Riham & Bosi, Stefano, 2010.
"Collaterals and macroeconomic volatility,"
Research in Economics, Elsevier, vol. 64(3), pages 146-161, September.
- Riham Barbar & Stefano Bosi, 2008. "Collaterals and Macroeconomic Volatility," Documents de recherche 08-15, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Riham Barbar & Stefano Bosi, 2010. "Collaterals and macroeconomic volatility," Post-Print hal-02877979, HAL.
- Iris Claus, 2007.
"The Effects of Bank Lending in an Open Economy,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(5), pages 1213-1243, August.
- Iris Claus, 2005. "The effects of bank lending in an open economy," CAMA Working Papers 2005-04, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Vasilev, Aleksandar, 2022.
"A business-cycle model with cash- and credit goods and a modified cash-in-advance feature: lessons for Bulgaria (1999-2020),"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 26(1 (forthc), pages 1-13.
- Vasilev Aleksandar, 2022. "A Business-Cycle Model with Cash and Credit Goods and a Modified Cash-in-Advance Feature: Lessons for Bulgaria (1999-2020)," Econometrics. Advances in Applied Data Analysis, Sciendo, vol. 26(1), pages 1-13, March.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:upf:upfgen:63. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge The email address of this maintainer does not seem to be valid anymore. Please ask the person in charge to update the entry or send us the correct address (email available below). General contact details of provider: http://www.upf.edu/en/web/econ/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/p/upf/upfgen/63.html