Payments systems with random matching and private information

Journal of Money, Credit and Banking

Volumn 30, Issue 3, 1998, Pages 551-569

  Williamson, Stephen D ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040083008     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.2307/2601256     Document Type: Article

References (26)

1. Aiyagari, S. Rao. "Uninsured Idiosyncratic Risk and Aggregate Saving." Quarterly Journal of Economics 109 (August 1994), 659-84.
2. Aiyagari, S. Rao, and Stephen D. Williamson. "Money and Credit in a Random Matching Model with Private Information." Working paper, University of Rochester and University of Iowa, 1996.
3. _. "Credit in a Random Matching Model with Private Information." Working paper, University of Rochester and University of Iowa, 1997. (a)
4. _. "Money and Dynamic Credit Arrangements with Private Information." Working paper, University of Rochester and University of Iowa, 1997. (b).
5. _. "Money, Credit, and Allocation under Complete Dynamic Contracts and Incomplete Markets." Working paper, University of Rochester and University of Iowa, 1997. (c).
6. Atkeson, Andrew, and Robert E. Lucas, Jr. "On Efficient Distribution with Private Information." Review of Economic Studies 59 (July 1991), 427-53.
7. _. "Efficiency and Inequality in a Simple Model of Efficient Unemployment Insurance." Journal of Economic Theory 66(June 1995), 64-88.
8. Avery, R., G. Elliehausen, A., Kennickell, and P. Spindt. "The Use of Cash and Transactions Accounts by American Families." Federal Reserve Bulletin 72 (March 1987), 87-108.
9. Bank for International Settlements. "Statistics on Payment Systems in the Group of Ten Countries." Http://www.bis.org, Basle, 1996.
10. Cooley, Thomas, and Gary Hansen. "The Inflation Tax in a Real Business Cycle Model. "American Economic Review 79 (September 1989), 733-48.
11. Dotsey, Michael, and Peter Ireland. "The Welfare Cost of Inflation in General Equilibrium." Journal of Monetary Economics 37 (February 1996), 29-28.
12. Freeman, Scott. "The Payments System, Liquidity, and Rediscounting." American Economic Review 86 (December 1996), 1126-38.
13. _. "Rediscounting under Aggregate Risk." Working paper, University of Texas at Austin, 1997.
14. Green, Edward. "Lending and the Smoothing of Uninsurable Income." In Contractual Arrangements for Intertemporal Trade, edited by Edward Prescott and Neil Wallace, pp. 3-29. Minneapolis: University of Minnesota Press, 1987.
15. Kiyotaki, Nobuhiro, and Randall Wright. "On Money as a Medium of Exchange." Journal of Political Economy 97 (August 1989), 927-54.
16. _. "Search-Theoretic Approach to Monetary Economics." American Economic Review 83 (March 1993) 63-77.
17. Kocherlakota, Narayana. "Money Is Memory." Working paper, Federal Reserve Bank of Minneapolis, 1996.
18. Kocherlakota, Narayana, and Neil Wallace. "Optimal Allocations with Incomplete Recording Keeping and No Commitment." Working paper, Federal Reserve Bank of Minneapolis, 1997.
19. Kullback. S. Information Theory and Statistics. New York: John Wiley & Sons, 1959.
20. Lacker, Jeffrey M., and Stacey L. Schreft. "Money and Credit as Means of Payment." Journal of Monetary Economics 38 (August 1996), 3-24.
21. Phelan, Christopher, and Robert Townsend. "Computing Multiperiod Information-Constrained Optima." Review of Economic Studies 58 (October 1991), 853-81.
22. Prescott, Edward. "Theory Ahead of Business Cycle Measurement." Federal Reserve Bank of Minneapolis Quarterly Review 10 (Fall 1986), 9-22.
23. Silverman, B. Density Estimation for Statistics and Data Analysis. New York: Chapman and Hall, 1986.
24. Spear, Steven, and Sanjay Srivastava. "On Repeated Moral Hazard with Discounting." Review of Economic Studies 54 (October 1987), 599-618.
25. Trejos, Alberto, and Randall Wright. "Search, Bargaining, Money, and Prices." Journal of Political Economy 103 (February 1995), 118-41.
26. Williamson, Stephen D., and Randall Wright. "Barter and Monetary Exchange under Private Information." American Economic Review 84 (March 1994), 104-23.