FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2158640325> ?p ?o ?g. }

• W2158640325 endingPage "71" @default.
• W2158640325 startingPage "49" @default.
• W2158640325 abstract "Abstract I present a simple two-person auction model in which a seller and a buyer make bids in terms of money; however, the value of a unit of money is uncertain. I show: (1) a monetary revaluation has purely nominal effects if and only if it is common knowledge; (2) if seller and buyer have identical beliefs, making the value of money common knowledge maximizes total gains from trade; (3) if seller and buyer are equally well informed and have identical beliefs, then monetary revaluations have no net effect; (4) when the seller knows the value of money but the buyer does not, the expected utilities of both seller and buyer are proportional to 1/(1+ σ 2 ), where σ is the standard deviation of the value of money expressed as a fraction of the mean; and (5) when beliefs are subjective, monetary policy can improve total gains from trade, as in Friedman's explanation of the Phillips curve, and an optimal level of inflation can be determined. Journal of Economic Literature Classification Numbers: C78, E52." @default.
• W2158640325 created "2016-06-24" @default.
• W2158640325 creator A5034618123 @default.
• W2158640325 date "1999-07-01" @default.
• W2158640325 modified "2023-09-25" @default.
• W2158640325 title "The Reeded Edge and the Phillips Curve: Money Neutrality, Common Knowledge, and Subjective Beliefs" @default.
• W2158640325 cites W1506769828 @default.
• W2158640325 cites W1601670543 @default.
• W2158640325 cites W1805929423 @default.
• W2158640325 cites W1965761421 @default.
• W2158640325 cites W1988466436 @default.
• W2158640325 cites W2001769174 @default.
• W2158640325 cites W2001905850 @default.
• W2158640325 cites W2007742778 @default.
• W2158640325 cites W2012062075 @default.
• W2158640325 cites W2039647999 @default.
• W2158640325 cites W2044155094 @default.
• W2158640325 cites W2051378472 @default.
• W2158640325 cites W2053435361 @default.
• W2158640325 cites W2086578872 @default.
• W2158640325 cites W2087096517 @default.
• W2158640325 cites W2087530244 @default.
• W2158640325 cites W2091504599 @default.
• W2158640325 cites W2098190214 @default.
• W2158640325 cites W2106622011 @default.
• W2158640325 cites W2112794046 @default.
• W2158640325 cites W2114494090 @default.
• W2158640325 cites W2118929276 @default.
• W2158640325 cites W2119365592 @default.
• W2158640325 cites W2123085942 @default.
• W2158640325 cites W2139774323 @default.
• W2158640325 cites W2142874299 @default.
• W2158640325 cites W2170281352 @default.
• W2158640325 cites W2170960752 @default.
• W2158640325 cites W2244924016 @default.
• W2158640325 cites W2332156735 @default.
• W2158640325 cites W2615775891 @default.
• W2158640325 cites W3121497487 @default.
• W2158640325 cites W3122926831 @default.
• W2158640325 cites W3124086190 @default.
• W2158640325 cites W40048283 @default.
• W2158640325 cites W569464467 @default.
• W2158640325 cites W633604988 @default.
• W2158640325 doi "https://doi.org/10.1006/jeth.1999.2533" @default.
• W2158640325 hasPublicationYear "1999" @default.
• W2158640325 type Work @default.
• W2158640325 sameAs 2158640325 @default.
• W2158640325 citedByCount "7" @default.
• W2158640325 countsByYear W21586403252015 @default.
• W2158640325 countsByYear W21586403252019 @default.
• W2158640325 countsByYear W21586403252021 @default.
• W2158640325 crossrefType "journal-article" @default.
• W2158640325 hasAuthorship W2158640325A5034618123 @default.
• W2158640325 hasBestOaLocation W21586403252 @default.
• W2158640325 hasConcept C10138342 @default.
• W2158640325 hasConcept C102993220 @default.
• W2158640325 hasConcept C105795698 @default.
• W2158640325 hasConcept C107247716 @default.
• W2158640325 hasConcept C121332964 @default.
• W2158640325 hasConcept C126285488 @default.
• W2158640325 hasConcept C147842934 @default.
• W2158640325 hasConcept C162324750 @default.
• W2158640325 hasConcept C175444787 @default.
• W2158640325 hasConcept C199360897 @default.
• W2158640325 hasConcept C200941418 @default.
• W2158640325 hasConcept C203659156 @default.
• W2158640325 hasConcept C2775891139 @default.
• W2158640325 hasConcept C2776291640 @default.
• W2158640325 hasConcept C2778774626 @default.
• W2158640325 hasConcept C31084985 @default.
• W2158640325 hasConcept C33332235 @default.
• W2158640325 hasConcept C33923547 @default.
• W2158640325 hasConcept C41008148 @default.
• W2158640325 hasConcept C556758197 @default.
• W2158640325 hasConceptScore W2158640325C10138342 @default.
• W2158640325 hasConceptScore W2158640325C102993220 @default.
• W2158640325 hasConceptScore W2158640325C105795698 @default.
• W2158640325 hasConceptScore W2158640325C107247716 @default.
• W2158640325 hasConceptScore W2158640325C121332964 @default.
• W2158640325 hasConceptScore W2158640325C126285488 @default.
• W2158640325 hasConceptScore W2158640325C147842934 @default.
• W2158640325 hasConceptScore W2158640325C162324750 @default.
• W2158640325 hasConceptScore W2158640325C175444787 @default.
• W2158640325 hasConceptScore W2158640325C199360897 @default.
• W2158640325 hasConceptScore W2158640325C200941418 @default.
• W2158640325 hasConceptScore W2158640325C203659156 @default.
• W2158640325 hasConceptScore W2158640325C2775891139 @default.
• W2158640325 hasConceptScore W2158640325C2776291640 @default.
• W2158640325 hasConceptScore W2158640325C2778774626 @default.
• W2158640325 hasConceptScore W2158640325C31084985 @default.
• W2158640325 hasConceptScore W2158640325C33332235 @default.
• W2158640325 hasConceptScore W2158640325C33923547 @default.
• W2158640325 hasConceptScore W2158640325C41008148 @default.
• W2158640325 hasConceptScore W2158640325C556758197 @default.
• W2158640325 hasIssue "1" @default.
• W2158640325 hasLocation W21586403251 @default.
• W2158640325 hasLocation W21586403252 @default.
• W2158640325 hasOpenAccess W2158640325 @default.

• next