Cover image for Recent Developments on Money and Finance Exploring Links between Market Frictions, Financial Systems and Monetary Allocations
Recent Developments on Money and Finance Exploring Links between Market Frictions, Financial Systems and Monetary Allocations
Title:
Recent Developments on Money and Finance Exploring Links between Market Frictions, Financial Systems and Monetary Allocations
Author:
Aliprantis, Charalambos D. editor.
ISBN:
9783540295006
Physical Description:
VI, 273 p. online resource.
Series:
Studies in Economic Theory, 24
Contents:
Recent developments on money and finance: an introduction -- Deposit Insurance and Bank Regulation in a Monetary Economy: A General Equilibrium Exposition -- A monetary mechanism for sharing capital: Diamond and Dybvig meet Kiyotaki and Wright -- Domestic financial market frictions, unrestricted international capital flows, and crises in small open economies -- Inflation, Growth and Exchange Rate Regimes in Small Open Economies -- Aggregate Risk Sharing and Equivalent Financial Mechanisms in an Endowment Economy of Incomplete Participation -- Asset pricing implications of efficient risk sharing in an endowment economy -- Distributional aspects of the divisibility of money. An example -- The distribution of money and prices in an equilibrium with lotteries -- Money, price dispersion and welfare -- A simple search model of money with heterogeneous agents and partial acceptability -- Decentralized credit and monetary exchange without public record keeping -- Limited participation, private money, and credit in a spatial model of money.
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