Division of labor, money, and economic progress

Review of Development Economics

Volumn 3, Issue 3, 1999, Pages 354-368

  Cheng, Wen Li ^a  

^a Law and Economics Consulting Group   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

DEVELOPMENT THEORY; LABOR DIVISION; MODELING; THEORETICAL STUDY;

EID: 0032710827     PISSN: 13636669     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-9361.00073     Document Type: Article

References (8)

1. Cheng, Wen Li, "Specialization and the Emergence and the Value of Money," in Kenneth Arrow, Yew-Kwang Ng, and Xiaokai Yang (eds.) Increasing Returns and Economic Analysis, London: Macmillan (1996).
2. Kiyotaki, Nobuhiro and Randall Wright, "On Money as a Medium of Exchange," Journal of Political Economy 97 (1989):927-54.
3. _, "A contribution to the Pure Theory of Money," Journal of Economic Theory 53 (1991):215-35.
4. Kiyotaki, Nobuhiro and Randall Wright, "A Search-Theoretic Approach to Monetary Economics," American Economic Review 83 (1993):63-77.
5. Menger, Carl, Principle of Economics, 2nd edn, Glencoe: Free Press (1950).
6. Smith, Adam, An Inquiry into the Nature and Causes of the Wealth of Nations, reprint, Oxford: Clarendon Press (1976).
7. Wen, Mei, "The Framework of Consumer-Producers, Economies of Specialization, and Transaction Costs," Monash University Working Paper (1994).
8. Yang, Xiaokai and Yew-Kwang Ng, Specialization and Economic Organisation: A New Classical Microeconomic Framework, Amsterdam: North-Holland (1993).