Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium

Econometrica - Tập 73 Số 1 - Trang 175-202 - 2005
Guillaume Rocheteau1,2,3, Randall Wright4,2,3
11 Research Department, Federal Reserve Bank of Cleveland, P.O. Box 6387, Cleveland, OH 44101-1387, U.S.A., and Australian National University
2[email protected]
3[email protected] and2Dept. of Economics, University of Pennsylvania, 3718 Locust Walk, Philadelphia, PA 19104, U.S.A.
4This paper has benefited from repeated discussions with Ricardo Lagos and Matthew Ryan. We also thank Ruilin Zhou, a co-editor, three anonymous referees, and participants at the Society for Economic Dynamics in Paris, the Canadian Macro Study Group in Toronto, the Federal Reserve Banks of Cleveland, Minneapolis, and Philadelphia, the Universities of Chicago, Northwestern, Victoria, Paris II, Penn, Yale, MIT, Michigan, Iowa, and Essex for comments. We are grateful to the Summer Research Grant scheme of the School of Economics of the Australian National University, the National Science Foundation, the Central Bank Institute at the Federal Reserve Bank of Cleveland, and ERMES at Paris II for research support.

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Econometrica

Tập 73 Số 1

175-202

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