We compare three market structures for monetary economies: bargaining (search equilibrium); price taking (competitive equilibrium); and price posting (competitive search equilibrium). We also extend work on the microfoundations of money by allowing a general matching technology and entry. We study how equilibrium and the effects of policy depend on market structure.Money ; Equilibrium (Economics)
Whether currency can be efficiently provided by private competitive money suppliers is arguably one ...
Given the adoption of crypto-bartering during the 2018 financial crisis in Venezuela, a direct Inter...
We introduce heterogeneous preferences into a tractable model of monetary search to generate price d...
We compare three market structures for monetary economies: bargaining (search equilibrium); price ta...
We relax restrictions on the storage technology in a prototypical monetary search model to study pri...
This paper analyzes monetary exchange in a search model allowing for multilateral matches to be form...
I examine the robustness of monetary equilibria in a random matching model where a more efficient me...
The dissertation analyzes several important applications of the search-theoretic approach to monetar...
The paper relaxes the one unit storage capacity imposed in the basic search-theoretic model of fiat ...
This article considers a search-theoretic model of monetary exchange. Agents bargain over both the a...
This paper studies the effects of anticipated inflation on aggregate output and welfare within a sea...
This paper studies the effects of anticipated inflation on aggregate output and welfare within a sea...
Using a monetary search model, Rocheteau, Rupert and Wright (2007) show that the relationship betwee...
This thesis contains three essays studying the emergence of money as a medium of exchange. The searc...
Search models devoted to money theory greatly help in solving some unsettled problems mainly because...
Whether currency can be efficiently provided by private competitive money suppliers is arguably one ...
Given the adoption of crypto-bartering during the 2018 financial crisis in Venezuela, a direct Inter...
We introduce heterogeneous preferences into a tractable model of monetary search to generate price d...
We compare three market structures for monetary economies: bargaining (search equilibrium); price ta...
We relax restrictions on the storage technology in a prototypical monetary search model to study pri...
This paper analyzes monetary exchange in a search model allowing for multilateral matches to be form...
I examine the robustness of monetary equilibria in a random matching model where a more efficient me...
The dissertation analyzes several important applications of the search-theoretic approach to monetar...
The paper relaxes the one unit storage capacity imposed in the basic search-theoretic model of fiat ...
This article considers a search-theoretic model of monetary exchange. Agents bargain over both the a...
This paper studies the effects of anticipated inflation on aggregate output and welfare within a sea...
This paper studies the effects of anticipated inflation on aggregate output and welfare within a sea...
Using a monetary search model, Rocheteau, Rupert and Wright (2007) show that the relationship betwee...
This thesis contains three essays studying the emergence of money as a medium of exchange. The searc...
Search models devoted to money theory greatly help in solving some unsettled problems mainly because...
Whether currency can be efficiently provided by private competitive money suppliers is arguably one ...
Given the adoption of crypto-bartering during the 2018 financial crisis in Venezuela, a direct Inter...
We introduce heterogeneous preferences into a tractable model of monetary search to generate price d...