Money and price posting under private information

Abstract

Bank of Canada working papers are theoretical or empirical works-in-progress on subjects in economics and finance. The views expressed in this paper are those of the authors. No responsibility for them should be attributed to the Bank of Canada. Abstract We study price posting with undirected search in a search-theoretic monetary model with divisible money… (More)
DOI: 10.1016/j.jet.2013.12.005

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