The role of long lived assets is considered in serving as hostages to extend the domain of trustless trade in an exchange economy. Assuming that individuals have life cycle preferences, we consider the most general set of utility functions consistent with these preferences and a stationary equilibrium for an OLG economy. The influence of the type of asset, durable or storable on the need for money is considered
Among the conventions of almost every human society of historical record has been the use of money, ...
Vita.The demand for money has been a subject of considerable research in the past. Most of the empir...
This dissertation consists of two essays concerning Monetary Theory and Policy. Essay 1, Monetary P...
The role of long lived assets is considered in serving as hostages to extend the domain of trustless...
The role of long lived assets is considered in serving as hostages to extend the domain of trustless...
We consider the relationship between the length of life of individuals and the assets they own and t...
We consider the relationship between the length of life of individuals and the assets they own and t...
In a previous paper (Shubik and Yao, 1988) we examined a multistage exchange economy with m perishab...
A multiperiod exchange economy with gold used both as money and as jewelry is examined in this paper...
In a well controlled monetary economy with no uncertainty and a money market, money is not merely a ...
In a well controlled monetary economy with no uncertainty and a money market, money is not merely a ...
In the first chapter, I examine in a controlled, experimental laboratory setting, the acceptance of ...
This paper discusses the peculiar nature of money, and how the introduction of interest-based financ...
The study of monetary economics encompasses a broad range of directions, and this research aims to a...
Among the conventions of almost every human society of historical record has been the use of money, ...
Among the conventions of almost every human society of historical record has been the use of money, ...
Vita.The demand for money has been a subject of considerable research in the past. Most of the empir...
This dissertation consists of two essays concerning Monetary Theory and Policy. Essay 1, Monetary P...
The role of long lived assets is considered in serving as hostages to extend the domain of trustless...
The role of long lived assets is considered in serving as hostages to extend the domain of trustless...
We consider the relationship between the length of life of individuals and the assets they own and t...
We consider the relationship between the length of life of individuals and the assets they own and t...
In a previous paper (Shubik and Yao, 1988) we examined a multistage exchange economy with m perishab...
A multiperiod exchange economy with gold used both as money and as jewelry is examined in this paper...
In a well controlled monetary economy with no uncertainty and a money market, money is not merely a ...
In a well controlled monetary economy with no uncertainty and a money market, money is not merely a ...
In the first chapter, I examine in a controlled, experimental laboratory setting, the acceptance of ...
This paper discusses the peculiar nature of money, and how the introduction of interest-based financ...
The study of monetary economics encompasses a broad range of directions, and this research aims to a...
Among the conventions of almost every human society of historical record has been the use of money, ...
Among the conventions of almost every human society of historical record has been the use of money, ...
Vita.The demand for money has been a subject of considerable research in the past. Most of the empir...
This dissertation consists of two essays concerning Monetary Theory and Policy. Essay 1, Monetary P...