Search, bargaining, money, and prices under private information

International Economic Review

Volumn 40, Issue 3, 1999, Pages 679-696

  Trejos, Alberto ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0038849749     PISSN: 00206598     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-2354.00034     Document Type: Article

References (27)

1. AKERLOF, G., "The Market for Lemons: Qualitative Uncertainty and the Market Mechanism," Quarterly Journal of Economics 84 (1970), 488-500.
2. ALCHIAN, A., "Why Money?" Journal of Money, Credit and Banking 9 (1977), 133-140.
3. BANERJEE, A. AND E. MASKIN, "A Walrasian Theory of Money and Barter," Quarterly Journal of Economics 111 (1996), 955-1005.
4. CAMERA, G. AND D. CORBAE, "On the Distribution of Money and Prices with Search," mimeo, University of Iowa, 1996.
5. CHAN, Y. AND H. LELAND, "Prices and Qualities in Markets with Costly Information," Review of Economic Studies 49 (1982), 499-516.
6. COOPER, R. AND T. Ross, "Prices, Product Qualities and Asymmetric Information: The Competitive Case," Review of Economic Studies 51 (1984), 197-207.
7. CUADRAS-MORATÓ, X., "Commodity Money in the Presence of Goods of Heterogeneous Quality," Economic Theory 4 (1994), 579-591.
8. GREEN, E. AND R. ZHOU, "A Rudimentary Model of Search with Divisible Money and Prices," CARESS Working Paper 95/17, University of Pennsylvania, 1995.
9. KENNAN, J. AND R. WILSON, "Bargaining with Private Information," Journal of Economic Literature 31 (1993), 45-104.
10. KIM, Y. "Money, Barter and Costly Information Acquisition," Journal of Monetary Economics 37 (1996), 119-142.
11. _ AND S. YAO, "Money, Prices and Private Information: Endogenous Information Structure," mimeo, Victoria University, 1996.
12. KIYOTAKI, N. AND R. WRIGHT, "A Contribution to the Pure Theory of Money," Journal of Economic Theory 53 (1991), 215-235.
13. _ AND _, "A Search-Theoretic Approach to Monetary Economics," American Economic Review 83 (1993), 63-77.
14. LANG, D., V. LI, AND P. WANG, "Money and Prices in a Model of Search with Monopolistic Competition," mimeo, Pennsylvania State University, 1996.
15. LI, V., "The Optimal Taxation of Fiat Money in Search Equilibrium," International Economic Review 36 (1994), 927-942.
16. _, "Commodity Money under Private Information," Journal of Monetary Economics 36 (1995), 573-592.
17. _, "Middlemen and Private Information," mimeo, University of Pennsylvania, 1996.
18. MENGER, K., "On the Origin of Money," Economic Journal 2 (1892), 239-255.
19. MOLICO, M., "The Distribution of Money and Prices in Search Equilibrium," mimeo, University of Pennsylvania, 1996.
20. NASH, J., "The Bargaining Problem," Econometrica 18 (1950), 155-162.
21. RUBINSTEIN, A., "Perfect Equilibrium in a Bargaining Model," Econometrica 50 (1982), 97-109.
22. SHI, S., "Money and Prices: A Model of Search and Bargaining," Journal of Economic Theory 23 (1995), 467-492.
23. _, "A Divisible Search Model of Fiat Money," Econometrica 65 (1996), 75-102.
24. TOMASSI, M., "The Consequences of Price Instability on Search Markets: Towards Understanding the Effects of Inflation," American Economic Review 84 (1994), 1385-1396.
25. TREJOS, A., "Incentives to Produce Quality and the Liquidity of Money," Economic Theory 9 (1997), 355-365.
26. _ AND R. WRIGHT, "Search, Bargaining, Money and Prices," Journal of Political Economy 103 (1995), 118-141.
27. WILLIAMSON, S. AND R. WRIGHT, "Barter and Monetary Exchange under Private Information," American Economic Review 84 (1994), 104-123.