Asymmetry, imperfectly transferable utility, and the role of fiat money in improving terms of trade

Author:

Engineer Merwan,Shouying Shi

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference20 articles.

1. Existence of active trade steady states in the Kiyotaki-Wright model;Aiyagari;Review of Economic Studies,1991

2. Perfect equilibria in a bargaining model;Binmore,1987

3. Transaction demand for money and moral hazard;Bryant,1980

4. Two-sided search with nontransferable utility;Burdett;Forthcoming in the Review of Economic Dynamics,1998

5. Money, barter, and the optimality of legal restrictions;Engineer;Journal of Political Economy,1991

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3. Heterogeneous beliefs and trading inefficiencies;Journal of Economic Theory;2016-05

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