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Notes on the Microfoundations of Monetary Economics

David Laidler ()

UWO Department of Economics Working Papers from University of Western Ontario, Department of Economics

Abstract: It is important to keep two closely related distinctions in mind when discussing the microeconomics of money: that between the social arrangement known as monetary exchange, and those assets known as money; and that between what Patinkin (1957) called the market experiment and individual experiment.

Keywords: MONETARY; ECONOMICS (search for similar items in EconPapers)
JEL-codes: E10 E13 (search for similar items in EconPapers)
Date: 1996
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