Add to ORKGSeveral models of exchange are presented here to illustrate various conceptual problems in the microeconomic model of the velocity of money and the meaning of and cost of liquidity in an exchange economy without exogenous uncertainty.
This dissertation studies the demand and supply of liquidity with a particular focus on the financia...
Thesis: Ph. D., Massachusetts Institute of Technology, Department of Economics, 2015.Chapter 2 co-au...
With the legitimization of interest on loans, money ceases to be merely a measure for economic calcu...
Several models of exchange are presented here to illustrate various conceptual problems in the micro...
These essays provide a better understanding of how frictions and intermediation affect individual de...
The paper functionally describes the income velocity of money by including the cost of a key substit...
The concept of velocity of money also called velocity of circulation of money is part of the Quantit...
We present a two-country extension of Lucas’ (1988) work on how cash-in-advance constraints in asset...
The payments system of a modern economy is a peculiar mix of technological and institutional factors...
The Microfoundations of Monetary Theory Following an initial brief mention of some fundamental ...
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...
This dissertation is composed of three essays. In the first essay, a framework is developed to asses...
One issue in the argument about the merits of pegged and floating exchange rates involves the magnit...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This dissertation studies the demand and supply of liquidity with a particular focus on the financia...
Thesis: Ph. D., Massachusetts Institute of Technology, Department of Economics, 2015.Chapter 2 co-au...
With the legitimization of interest on loans, money ceases to be merely a measure for economic calcu...
Several models of exchange are presented here to illustrate various conceptual problems in the micro...
These essays provide a better understanding of how frictions and intermediation affect individual de...
The paper functionally describes the income velocity of money by including the cost of a key substit...
The concept of velocity of money also called velocity of circulation of money is part of the Quantit...
We present a two-country extension of Lucas’ (1988) work on how cash-in-advance constraints in asset...
The payments system of a modern economy is a peculiar mix of technological and institutional factors...
The Microfoundations of Monetary Theory Following an initial brief mention of some fundamental ...
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...
This dissertation is composed of three essays. In the first essay, a framework is developed to asses...
One issue in the argument about the merits of pegged and floating exchange rates involves the magnit...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This dissertation studies the demand and supply of liquidity with a particular focus on the financia...
Thesis: Ph. D., Massachusetts Institute of Technology, Department of Economics, 2015.Chapter 2 co-au...
With the legitimization of interest on loans, money ceases to be merely a measure for economic calcu...