On the Existence of Single-Price Equilibria in a Matching Model with Divisible Money and Production Cost

Kazuya Kamiya, Noritsugu Morishita and Takashi Shimizu
Additional contact information
Noritsugu Morishita: Kaichi High School

No CIRJE-F-283, CIRJE F-Series from CIRJE, Faculty of Economics, University of Tokyo

Abstract: This paper investigates Zhou [4]'s money search model, where money is divisible, agents can hold any amount of money, and production of goods is costly, and presents a sufficient condition, expressed in terms of exogenously given parameters, for the existence of single-price equilibria.

Pages: 15 pages
Date: 2004-06
New Economics Papers: this item is included in nep-mac and nep-mon
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: On the existence of single‐price equilibria in a matching model with divisible money and production cost (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:tky:fseres:2004cf283

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