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Recent Developments on Money and Finance

Exploring Links between Market Frictions, Financial Systems and Monetary Allocations

Medium: Buch
ISBN: 978-3-540-27803-0
Verlag: Springer
Erscheinungstermin: 07.11.2005
Lieferfrist: bis zu 10 Tage

domestic in?ation and output can be exploited under credit rationing but only if in?ation is small. In fact, there exists an in?ation threshold beyond which domestic output suffers.


Produkteigenschaften


  • Artikelnummer: 9783540278030
  • Medium: Buch
  • ISBN: 978-3-540-27803-0
  • Verlag: Springer
  • Erscheinungstermin: 07.11.2005
  • Sprache(n): Englisch
  • Auflage: 1. Auflage 2005
  • Serie: Studies in Economic Theory
  • Produktform: Gebunden
  • Gewicht: 1260 g
  • Seiten: 273
  • Format (B x H): 155 x 235 mm
  • Ausgabetyp: Kein, Unbekannt

Themen


Autoren/Hrsg.

Herausgeber

Recent developments on money and finance: an introduction.- Deposit Insurance and Bank Regulation in a Monetary Economy: A General Equilibrium Exposition.- A monetary mechanism for sharing capital: Diamond and Dybvig meet Kiyotaki and Wright.- Domestic financial market frictions, unrestricted international capital flows, and crises in small open economies.- Inflation, Growth and Exchange Rate Regimes in Small Open Economies.- Aggregate Risk Sharing and Equivalent Financial Mechanisms in an Endowment Economy of Incomplete Participation.- Asset pricing implications of efficient risk sharing in an endowment economy.- Distributional aspects of the divisibility of money. An example.- The distribution of money and prices in an equilibrium with lotteries.- Money, price dispersion and welfare.- A simple search model of money with heterogeneous agents and partial acceptability.- Decentralized credit and monetary exchange without public record keeping.- Limited participation, private money, and credit in a spatial model of money.