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The efficiency of monetary exchange in search equilibrium
Li, Victor E. - In: Journal of money, credit and banking : JMCB 29 (1997) 1, pp. 61-72
Persistent link: https://www.econbiz.de/10001216553
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Is why we use money important?
Li, Victor E. - In: Economic review 86 (2001) 1, pp. 17-30
Persistent link: https://www.econbiz.de/10001581206
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Inventory accumulation in a search-based monetary economy
Li, Victor E. - In: Journal of monetary economics 34 (1994) 3, pp. 511-536
Persistent link: https://www.econbiz.de/10001175076
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A search equilibrium approach to monetary theory and policy
Li, Victor E. - 1992
Persistent link: https://www.econbiz.de/10000868187
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The optimal taxation of Fiat money in search equilibrium
Li, Victor E. - In: International economic review 36 (1995) 4, pp. 927-942
Persistent link: https://www.econbiz.de/10001188941
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The Efficiency of Monetary Exchange in Search Equilibrium
Li, Victor E. - 1998
Search theoretic models of money emphasize monetary exchange as the outcome of economic environments characterized by bilateral trading frictions. This paper analyzes the efficiency of monetary exchange in a search model of fiat money where individuals invest costly effort in the exchange...
Persistent link: https://www.econbiz.de/10014107049