Coalition-Proof Trade and the Friedman Rule in the Lagos-Wright Model
收藏NBER2007-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13310
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The Lagos-Wright model -- a monetary model in which pairwise meetings alternate in time with a centralized meeting -- has been extensively analyzed, but always using particular trading protocols. Here, trading protocols are replaced by two alternative notions of implementability: one that allows
提供机构：
美国国家经济研究局
创建时间：
2007-08-01
