Monetary Equilibrium with Buying and Selling Price Spread without Transactions Costs

Akira Yamazaki and 昭 山崎

No 2003-11, Discussion Papers from Graduate School of Economics, Hitotsubashi University

Pages: 20 pages
Date: 2003-10
Note: An earlier version of this paper was circulated as "On the Terminal Value of Money without Transactions Costs", RUEE Working Paper #91-44, Department of Economics, Hitotsubashi University, October, 1991.
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