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El dinero en los modelos macroeconómicos
Wilfredo Toledo ()
Additional contact information Wilfredo Toledo: Universidad de Puerto Rico
Revista de Economía Institucional , 2006, vol. 8, issue 15, pages 97-116
Abstract:
An important challenge in monetary economics is the development of an endogenous theory of money, which introduces money in a natural way and not as an external imposition. This paper reviews different approaches that have been used in monetary economic literature, and argues that overlapping generation models and search models are the best choices.
Keywords: money ; monetary economics ; overlapping generations ; search models (search for similar items in EconPapers)
JEL-codes: E24 E40 E42 (search for similar items in EconPapers)
Date: 2006
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Persistent link: http://EconPapers.repec.org/RePEc:rei:ecoins:v:8:y:2006:i:15:p:97-116
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