Note sur l'origine de la monnaie dans les modèles de search

Vincent Bignon and Régis Breton ()

Revue économique, 2003, vol. 54, issue 3, 521-529

Abstract: The selection of the monetary equilibrium in the search-theoretic approach to money remains an open question. This paper introduces a population heterogeneity in a simple search model to study how the use of money by a subset of agents can spread itself to the economy through the bootstrap mechanism. The local use of money must be based on additional assumptions, such as extraneous social belief or a local ability to coordinate. Classification JEL : D83, E41

JEL-codes: D83 E41 (search for similar items in EconPapers)
Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_543_0521 (application/pdf)
http://www.cairn.info/revue-economique-2003-3-page-521.htm (text/html)
free

Related works:
Working Paper: Note sur l'origine de la monnaie dans les modèles de search (2003)
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: https://EconPapers.repec.org/RePEc:cai:recosp:reco_543_0521

Access Statistics for this article

More articles in Revue économique from Presses de Sciences-Po
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().