A Tractable Model of Monetary Exchange with Ex-post Heterogeneity
收藏NBER2015-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21179
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资源简介：
We construct a continuous-time, pure currency economy with the following three key features. First, our modelled economy incorporates idiosyncratic uncertaintyhouseholds receive infrequent and random opportunities of lumpy consumptionand displays an endogenous, non-degenerate distribution of money
提供机构：
美国国家经济研究局
创建时间：
2015-05-01
