Private Money and Reserve Management in a Random Matching Model

R. Cavalcanti, Andres Erosa () and Ted Temzelides ()

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

Abstract: We introduce an element of centralization in a random matching model of money that allows for private liabilities to circulate as media of exchange. Some agents which we identify as banks, are endowed with the technology to issue notes and to record-keep reserves with a central clearinghouse, which wa call the treasory. Classification-JEL: E40; E41

Keywords: MONEY; ECONOMIC MODELS (search for similar items in EconPapers)
Date: 1997
View citations in EconPapers

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Private Money and Reserve Management in a Random Matching Model (1998)
Working Paper: Private money and reserve management in a random-matching model (1999)
Working Paper: PRIVATE MONEY AND RESERVE MANAGEMENT IN A RANDOM MATCHING MODEL (1998)
Working Paper: Private Money and Reserve Management in a Random Matching Model (1997)
Working Paper: Private money and reserve management in a random matching model (1997)
Journal Article: Private Money and Reserve Management in a Random-Matching Model (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:uwo:uwowop:9715

Access Statistics for this paper

More papers in UWO Department of Economics Working Papers from University of Western Ontario, Department of Economics
Address: Department of Economics, Reference Centre, Social Science Centre, University of Western Ontario, London, Ontario, Canada N6A 5C2
Series data maintained by ().