A Unified Framework for Monetary Theory and Policy Analysis, Second Version

By Ricardo Lagos, Randall Wright. 2002

210 citations recorded by the source corpus.

Citations in the corpus

Sticky Prices versus Monetary Frictions: An Estimation of Policy Trade-Offs (2009, unknown): “The model specification is closely tied to the theoretical literature that is developing micro-founded models of monetary exchange, in particular Lagos and Wright (2005), and Aruoba, Waller, and Wright (2008).”
Equilibrium Bitcoin Pricing (2018, unknown): “In a search setting, Fernández-Villaverde and Sanches (2018) and Hendry and Zhu (2018) extend the model by Lagos and Wright (2005) to multiple currencies and study the stability and welfare implications of the private supply of money alongside a government-backed currency.”
The Economics of Cryptocurrencies—Bitcoin and Beyond (2017, unknown): “Our model is based on Lagos and Wright (2005).22 Time is discrete and denoted by t = 0, 1, 2, ....”
Friedman Meets Hosios: Efficiency in Search Models of Money (2007, unknown): “Using these facts and (15), (16), (18) and (19), we can show that, when ∆ → 0, xb = xs = x and qb = qs = q.”
Sovereign defaults and banking crises (2018, unknown): “Mendoza and Yue (2012) were the first to introduce endogenous costs of default.”