Matches in SemOpenAlex for { <https://semopenalex.org/work/W1495293755> ?p ?o ?g. }
Showing items 1 to 67 of
67
with 100 items per page.
- W1495293755 abstract "This paper is a first step towards a better understanding of the role of multilateral meetings in modern monetary models. We apply the implementability approach to a model a la Lagos and Wright. In the original model, periodic access to the centralized market (i.e., one multilateral meeting encompassing the whole population) and quasilinear preferences allow agents to reoptimize their portfolios each period thus obtaining a degenerate distribution of (fiat) money holdings. It turns out that allowing agents to have periodic access to a commodity money production technology (but no fiat money) leads to the same type of result, no matter whether agents interact in a centralized market or remain unmatched (in addition to the random decentralized markets). In other words, the crucial features leading to tractability appear to be quasilinear preferences and a device that allows agents to rebalance their portfolios. Whether agents do so through centralized markets in environments with fiat money, or through the access to a commodity money technology seem not to make a substantial difference. In the second part of the paper, we extend the model by introducing multiple multilateral meetings and we analyze it under a variety of equilibrium concepts." @default.
- W1495293755 created "2016-06-24" @default.
- W1495293755 creator A5045947223 @default.
- W1495293755 creator A5064398145 @default.
- W1495293755 date "2007-01-01" @default.
- W1495293755 modified "2023-09-27" @default.
- W1495293755 title "Commodity money and multilateral meetings" @default.
- W1495293755 hasPublicationYear "2007" @default.
- W1495293755 type Work @default.
- W1495293755 sameAs 1495293755 @default.
- W1495293755 citedByCount "0" @default.
- W1495293755 crossrefType "posted-content" @default.
- W1495293755 hasAuthorship W1495293755A5045947223 @default.
- W1495293755 hasAuthorship W1495293755A5064398145 @default.
- W1495293755 hasConcept C126285488 @default.
- W1495293755 hasConcept C162324750 @default.
- W1495293755 hasConcept C175444787 @default.
- W1495293755 hasConcept C180706569 @default.
- W1495293755 hasConcept C199360897 @default.
- W1495293755 hasConcept C2777667586 @default.
- W1495293755 hasConcept C2779439359 @default.
- W1495293755 hasConcept C2780589280 @default.
- W1495293755 hasConcept C34447519 @default.
- W1495293755 hasConcept C38652104 @default.
- W1495293755 hasConcept C41008148 @default.
- W1495293755 hasConcept C54750564 @default.
- W1495293755 hasConcept C556758197 @default.
- W1495293755 hasConceptScore W1495293755C126285488 @default.
- W1495293755 hasConceptScore W1495293755C162324750 @default.
- W1495293755 hasConceptScore W1495293755C175444787 @default.
- W1495293755 hasConceptScore W1495293755C180706569 @default.
- W1495293755 hasConceptScore W1495293755C199360897 @default.
- W1495293755 hasConceptScore W1495293755C2777667586 @default.
- W1495293755 hasConceptScore W1495293755C2779439359 @default.
- W1495293755 hasConceptScore W1495293755C2780589280 @default.
- W1495293755 hasConceptScore W1495293755C34447519 @default.
- W1495293755 hasConceptScore W1495293755C38652104 @default.
- W1495293755 hasConceptScore W1495293755C41008148 @default.
- W1495293755 hasConceptScore W1495293755C54750564 @default.
- W1495293755 hasConceptScore W1495293755C556758197 @default.
- W1495293755 hasLocation W14952937551 @default.
- W1495293755 hasOpenAccess W1495293755 @default.
- W1495293755 hasPrimaryLocation W14952937551 @default.
- W1495293755 hasRelatedWork W1493316053 @default.
- W1495293755 hasRelatedWork W1494596557 @default.
- W1495293755 hasRelatedWork W1548596524 @default.
- W1495293755 hasRelatedWork W1554570220 @default.
- W1495293755 hasRelatedWork W16100136 @default.
- W1495293755 hasRelatedWork W1975227801 @default.
- W1495293755 hasRelatedWork W2009180614 @default.
- W1495293755 hasRelatedWork W2037356630 @default.
- W1495293755 hasRelatedWork W2062321393 @default.
- W1495293755 hasRelatedWork W2069152144 @default.
- W1495293755 hasRelatedWork W2074211224 @default.
- W1495293755 hasRelatedWork W2082558709 @default.
- W1495293755 hasRelatedWork W2130156056 @default.
- W1495293755 hasRelatedWork W2207333307 @default.
- W1495293755 hasRelatedWork W2958151919 @default.
- W1495293755 hasRelatedWork W3123312778 @default.
- W1495293755 hasRelatedWork W3124013515 @default.
- W1495293755 hasRelatedWork W3124139373 @default.
- W1495293755 hasRelatedWork W3125791439 @default.
- W1495293755 hasRelatedWork W2340374653 @default.
- W1495293755 isParatext "false" @default.
- W1495293755 isRetracted "false" @default.
- W1495293755 magId "1495293755" @default.
- W1495293755 workType "article" @default.