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Monnaie internationale et marché des changes dans un modèle de prospection. Quelques éléments d'analyse

Dominique Torre ()

Revue d'économie politique, 2001, vol. 111, issue 3, 481-501

Abstract: The topic of this article is to suggest some lines of analysis of the transactional functions of the exchange market in the determination of relationships between national and international currencies. A brief review of the literature is devoted to the analysis of external trade in the framework of the models of search, without exchange market, then with such an "institution". A formal model is introduced and analysed with two variants : with instantaneous transactions, then with inter-periodic transactions. Classification JEL : E4, F4

Keywords: international currencies; prospection; exchange market; search (search for similar items in EconPapers)
JEL-codes: E4 F4 (search for similar items in EconPapers)
Date: 2001
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