Whither Monetary Economics

By N. Wallace. 2001

261 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/2d6ae2481acf145b8388e59a2451682f8c9a61c6

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Citations in the corpus

Can currency competition work? (2016, unknown): “Private money does not solve the trading frictions at the core of LW and, more generally, of essential models of money (Wallace, 2001).”
Money, credit and banking (2007, methodology): “interaction of government regulation and stabilization policies would allow analysis of different monetary arrangements such as expressed by the real-bill doctrine or the quantity theory as studied in Sargent and Wallace (1982).”
Inflation and Unemployment in the Long Run (2011, unknown): “As established in Lagos-Wright, in any equilibrium, the solution of (13) involves d = z and q = g−1(ρz), where g(q) ≡ θc(q)υ 0(q) + (1− θ)υ(q)c0(q) θυ0(q) + (1− θ)c0(q) .”
Money and Banking in Search Equilibrium (2005, unknown): “Neil Wallace (2001) Whither monetary economics?”
Information, Liquidity, Asset Prices, and Monetary Policy (2012, background): “So, a bad claim, if recognized as such, will never be accepted, even though agents may accept fiat money when they recognize that it has a 0 dividend because they cannot produce genuine currency themselves (for details, seeWallace, 2010).”
Liquidity: A New Monetarist Perspective (2017, background): “Let be the 6Related surveys or discussions include Wallace (2001,2010), Wright (2005), Shi (2006), Lagos (2008), Williamson and Wright (2010a,b) and Nosal and Rocheteau (2011).”
Privacy as a Public Good: A Case for Electronic Cash (2019, background): “We seek to make these points in a model in which money is essential (Wallace, 2001).”
Bargaining and the Value of Money (2007, background): “It complements the mechanism design approach of monetary exchange that considers as admissible all trading mechanisms that satisfy agents’ individual rationality constraints (Kocherlakota, 1998; Wallace, 2001).”
Money, Banking, and Monetary Policy (2006, background): “5See Kocherlakota (1998), Wallace (2001) or Corbae et al. (2003) for formal discussions of anonymity and the essentiality of a medium of exchange.”
A Model of Money and Credit, with Application to the Credit Card Debt Puzzle (2007, unknown): “Similarly, inserting (27) and (26) into the first order condition for a nontrader,”
Friedman Meets Hosios: Efficiency in Search Models of Money (2007, unknown): “Compare the above equilibrium conditions with the corresponding efficient conditions ( 45 )”