Generalized search-theoretic models of monetary exchange

Journal of Monetary Economics

Volumn 48, Issue 3, 2001, Pages 605-622

  Rupert, Peter ^a   Schindler, Martin ^b   Wright, Randall ^b  

^a FEDERAL RESERVE BANK OF CLEVELAND   (United States)

^b UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

Bargaining; C78; D83; E00; Money; Prices; Search

Indexed keywords

EID: 0037896780     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(01)00088-5     Document Type: Article

References (25)

1. Aiyagari S.R., Wallace N. Existence of steady states with positive consumption in the Kiyotaki-Wright model. Review of Economic Studies. 58:1991;901-916.
2. Aiyagari S.R., Wallace N. Fiat money in the Kiyotaki-Wright model. Economic Theory. 2:1992;447-464.
3. Aiyagari S.R., Wallace N. Government transaction policy, the medium of exchange, and welfare. Journal of Economic Theory. 74:1997;1-18.
4. Aiyagari S.R., Wallace N., Wright R. Coexistence of money and interest-bearing securities. Journal of Monetary Economics. 37:1996;397-419.
5. Berentsen, A., Molico, M., Wright, R., 2000. Indivisibilities, lotteries, and monetary exchange. Journal of Economic Theory, forthcoming.
6. Camera G., Corbae D. Money and price dispersion. International Economic Review. 40:1999;985-1008.
7. Coles M., Wright R. A dynamic equilibrium model of search, bargaining, and money. Journal of Economic Theory. 78:1998;32-54.
8. Green E., Zhou R. A rudimentary model of search with divisible money and prices. Journal of Economic Theory. 81:1998;252-271.
9. Hosios A.J. On the efficiency of matching and related models of search and unemployment. Review of Economic Studies. 57:1990;279-298.
10. Kiyotaki N., Wright R. On money as a medium of exchange. Journal of Political Economy. 97:1989;927-954.
11. Kiyotaki N., Wright R. A contribution to the pure theory of money. Journal of Economic Theory. 53:1991;215-235.
12. Kiyotaki N., Wright R. A search-theoretic approach to monetary economics. American Economic Review. 83:1993;63-77.
13. Kocherlakota N., Wallace N. Incomplete record-keeping and optimal payment arrangements. Journal of Economic Theory. 81:1998;272-289.
14. Li Y., Wright R. Government transaction policy, media of exchange, and prices. Journal of Economic Theory. 81:1998;290-313.
15. Molico, M., 1999. The distribution of money and prices in search equilibrium. Unpublished manuscript.
16. Mortensen D.T., Pissarides C. Job creation and job destruction in the theory of unemployment. Review of Economic Studies. 61:1994;397-415.
17. Osborne M.J., Rubinstein A. Bargaining and Markets. 1990;Academic Press, San Diego.
18. Rupert P., Schindler M., Shevchenko A., Wright R. The search-theoretic approach to monetary economics: a primer. Federal Reserve Bank of Cleveland Economic Review. 36:2000;10-28.
19. Shi S. Money and prices: a model of search and bargaining. Journal of Economic Theory. 67:1995;467-496.
20. Shi S. A divisible search model of fiat money. Econometrica. 65:1997;75-102.
21. Siandra, E., 1993. A monetary model of market size and specialisation. Economic Theory Discussion Paper No. 182, University of Cambridge.
22. Siandra, E., 1996. Partnerships, search, and money. Department of Economics Discussion Paper No. 96-16, University College London.
23. Taber A., Wallace N. A matching model with bounded holdings of indivisible money. International Economic Review. 40:1999;961-984.
24. Trejos A., Wright R. Search, bargaining, money, and prices. Journal of Political Economy. 103:1995;118-141.
25. Zhou R. Individual and aggregate real balances in a random matching model. International Economic Review. 40:1999;1009-1038.