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ArtikelSpecialization, Transactions Technologies, and Money Growth  
Oleh: Cole, Harold L. ; Stockman, Alan C.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 33 no. 2 (1992), page 283-298.
Topik: MONEY; specialization; transactions technologies; money growth
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: II49.2
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelThis paper develops a differentiated product model with endogenous specialization in which either money or a costly alternative transactions technology can be used for market purchases. We discuss the real effects of monetary growth in this model - which differ from those in standard cash - in - advance models - and the implied interest sensitivity of money demand in general equilibrium.
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