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
收藏
页码：283 / 298
页数：16
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