SPECIALIZATION, TRANSACTIONS TECHNOLOGIES, AND MONEY GROWTH

被引：15

作者：

COLE, HL

STOCKMAN, AC

机构：

[1] UNIV PENN,PHILADELPHIA,PA 19104

[2] UNIV ROCHESTER,ROCHESTER,NY 14627

[3] NATL BUR ECON RES,CAMBRIDGE,MA 02138

来源：

INTERNATIONAL ECONOMIC REVIEW | 1992年 / 33卷 / 02期

关键词：

D O I：

10.2307/2526895

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This 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.

引用

页码：283 / 298

页数：16

共 19 条

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