Money and information

Review of Economic Studies

Volumn 71, Issue 4, 2004, Pages 915-944

  Berentsen, Aleksander ^a   Rocheteau, Guillaume ^b  

^a UNIVERSITY OF BASEL   (Switzerland)

^b AUSTRALIAN NATIONAL UNIVERSITY   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

CURRENCY; GOODS EXCHANGE; INFORMATION; THEORETICAL STUDY;

EID: 7444258646     PISSN: 00346527     EISSN: None     Source Type: Journal    
DOI: 10.1111/0034-6527.00309     Document Type: Article

References (33)

1. AKERLOF, G. (1970), "The Market for Lemons: Quality Uncertainty and the Market Mechanism", Quarterly Journal of Economics, 89, 488-500.
2. ALCHIAN, A. (1977), "Why Money?", Journal of Money, Credit, and Banking, Part 2, 9 (1), 133-140.
3. AUSUBEL, L., CRAMTON, P. and DENECKERE, R. (2002), "Bargaining with Incomplete Information", in R. Aumann and S. Hart (eds.) Handbook of Game Theory, Vol. 3 (Amsterdam: Elsevier).
4. BANERJEE, A. and MASKIN, E. (1996), "A Walrasian Theory of Money and Barter", Quarterly Journal of Economics, 111, 955-1005.
5. BERENTSEN, A. and ROCHETEAU, G. (2001), "On the Friedman Rule in Search Models of Money", B.E. Journals in Macroeconomics (forthcoming).
6. BERENTSEN, A. and ROCHETEAU, G. (2002), "On the Efficiency of Monetary Exchange: How Divisibility of Money Matters", Journal of Monetary Economics, 49 (8), 1621-1649.
7. BERENTSEN, A. and ROCHETEAU, G. (2003), "Money and the Gains from Trade", International Economic Review, 44 (1), 263-297.
8. BRUNNER, K. and MELTZER, A. (1971), "The Uses of Money: Money in the Theory of an Exchange Economy", American Economic Review, 61 784-805.
9. CHO, I.-K. and KREPS, D. (1987), "Signalling Games and Stable Equilibria", Quarterly Journal of Economics, 102 (2), 179-222.
10. CUADRAS-MORATÓ, X. (1994), "Commodity Money in the Presence of Goods of Heterogenous Quality", Economic Theory, 4, 579-591.
11. GREEN, E. and WEBER, W. (1996), "Will the New $100 Bill Decrease Counterfeiting?", Federal Reserve Bank of Minneapolis Quarterly Review, 20, 3-10.
12. HAEGLER, U. (1997), "Fiat Money and Quality Uncertainty", Economica 64, 547-565.
13. HARSANYI, J. and SELTEN, R. (1972), "A Generalized Nash Solution for Two-Person Bargaining Games with Incomplete Information", Management Science, 18 (5), 80-106.
14. INDERST, R. (2001), "Screening in a Matching Market", Review of Economic Studies, 68, 849-868.
15. INDERST, R. (2002), "Matching Markets with Adverse Selection" (Mimeo, London School of Economics).
16. KIM, Y. S. (1996), "Money, Barter, and Costly Information Acquisition", Journal of Monetary Economics, 37, 119-142.
17. KING, R. and PLOSSER, C. (1986), "Money as the Mechanism of Exchange", Journal of Monetary Economics, 17, 93-115.
18. KIYOTAKI, N. and WRIGHT, R. (1991), "A Contribution to the Pure Theory of Money", Journal of Economic Theory, 53, 215-235.
19. KIYOTAKI, N. and WRIGHT, R. (1993), "A Search-Theoretic Approach to Monetary Economics", American Economic Review, 83, 63-77.
20. LAGOS, R. and WRIGHT, R. (2002), "A Unified Framework for Monetary Theory and Policy Analysis" (Mimeo, University of Pennsylvania).
21. LI, Y. (1995), "Commodity Money under Private Information", Journal of Monetary Economics, 36, 573-592.
22. LUCAS, R. (1990), "Liquidity and Interest Rates", Journal of Economic Theory, 50, 237-264.
23. MENGER, K. (1892), "On the Origin of Money", Economic Journal, 2, 239-255.
24. OKUMURA, T. (2001), "Wealth as a Signal in the Search Model of Money" (Mimeo, Department of Economics, Yokohama National University, Japan).
25. SHI, S. (1997), "A Divisible Search Model of Fiat Money", Econometrica, 65, 75-102.
26. SHI, S. (1999), "Search, Inflation and Capital Accumulation", Journal of Monetary Economics, 44, 81-103.
27. SHI, S. (2001), "Liquidity, Bargaining, and Multiple Equilibria in a Search Monetary Model", Annals of Economics and Finance, 2, 325-351.
28. STIGLITZ, J. (1987), "The Causes and Consequences of the Dependence of Quality on Prices", Journal of Economic Literature, 25, 1-48.
29. STIGLITZ, J. (2000), "The Contributions of the Economics of Information to Twentieth Century Economics", Quarterly Journal of Economics, 115, 1441-1478.
30. TREJOS, A. (1997), "Incentives to Produce Quality and the Liquidity of Money", Economic Theory, 9, 355-365.
31. TREJOS, A. (1999), "Search, Bargaining, Money and Prices under Private Information", International Economic Review, 40, 679-695.
32. VELDE, F., WEBER, W. and WRIGHT, R. (1999), "A Model of Commodity Money, with Applications to Gresham's Law and the Debasement Puzzle" , Review of Economic Dynamics, 2, 291-323.
33. WILLIAMSON, S. and WRIGHT, R. (1994), "Barter and Monetary Exchange under Private Information", American Economic Review, 84, 104-123.