Recent Developments on Money And Finance: Exploring Links Between Market Frictions, Financial Systems And Monetary Allocations: 24 - Rilegato

Rilegato

ISBN 10: 3540278036 ISBN 13: 9783540278030

Casa editrice: Springer Verlag, 2005

Riassunto

domestic in?ation and output can be exploited under credit rationing but only if in?ation is small. In fact, there exists an in?ation threshold beyond which domestic output suffers.

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Contenuti

Recent developments on money and finance: an introduction.- Deposit Insurance and Bank Regulation in a Monetary Economy: A General Equilibrium Exposition.- A monetary mechanism for sharing capital: Diamond and Dybvig meet Kiyotaki and Wright.- Domestic financial market frictions, unrestricted international capital flows, and crises in small open economies.- Inflation, Growth and Exchange Rate Regimes in Small Open Economies.- Aggregate Risk Sharing and Equivalent Financial Mechanisms in an Endowment Economy of Incomplete Participation.- Asset pricing implications of efficient risk sharing in an endowment economy.- Distributional aspects of the divisibility of money. An example.- The distribution of money and prices in an equilibrium with lotteries.- Money, price dispersion and welfare.- A simple search model of money with heterogeneous agents and partial acceptability.- Decentralized credit and monetary exchange without public record keeping.- Limited participation, private money, and credit in a spatial model of money.

Product Description

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Dettagli dell'edizione

• Editore: Springer Verlag
• Data di pubblicazione: 2005
• Lingua: Inglese
• ISBN 10: 3540278036
• ISBN 13: 9783540278030
• Rilegatura: Copertina rigida
• Numero di pagine: 273
• Redattore: Camera Gabriele
• Contatto del produttore: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3,69115 Heidelberg, Germany; Heidelberg; 69115; Germania