with money as a medium of exchange
By Christophe Chamley. 2010
412 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/7ff5f273e4d68ba354d33eb629eeae17c1b21640
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- Ricardo Lagos
- Randall Wright
- Guillaume Rocheteau
- Yu Zhu
- W. Naudé
- Thomas Gries
- Chao He
- Nobuhiro Kiyotaki
Citations in the corpus
- The rise and fall of the dollar (or when did the dollar replace sterling as the leading reserve currency (2009, background): “Network externalities as an argument for persistence has a venerable tradition in international monetary economics; see Kindleberger (1967), Krugman (1984), Kiyotaki and Wright (1989).”
- Housing and Liquidity (2015, background): “JEL Classification: E44, G21, R21, R31 Keywords: Housing, Liquidity, Collateral, Bubbles ∗We thank many friends and colleagues for their inputs, especially Guillaume Rocheteau, Chao Gu, Derek Stacey and Gadi Barley.”
- Macroeconomics: A Survey of Laboratory Research (2016, background): “Kiyotaki and Wright ( 1989 ) show that equilibria where this object is or is not traded coexist , so the issue is one of equilibrium selection .”
- Liquidity, Business Cycles, and Monetary Policy (2001, methodology): “In particular, we thank Olivier Blanchard, Markus Brunnermeier, Chari, Marco Del Negro, Edward Green, Bengt Holmstrom, Olivier Jeanne, Arvind namurthy, Narayana Kocherlakota, Guido Lorenzoni, Robert Lucas, KiminoriMatsuyama, McGrattan, Shouyong Shi, JonathanThomas, Robert Townsend, Neil Wallace, Ran”
- Bond Liquidity Premia (2012, background): “An investor with a short position (3)Kyotaki and Wright [40] introduced search frictions in monetary theory and Shi [50] extends this framework to include bonds.”
- Sticky Prices versus Monetary Frictions: An Estimation of Policy Trade-Offs (2009, unknown): “Only a handful of previous studies carefully consider frictions that make money essential alongside nominal rigidities when studying optimal monetary policy.”
- Liquidity: A New Monetarist Perspective (2017, methodology): “8In Kiyotaki and Wright (1989), Models A and B both have 1 2, but in Model B type produces good − 1 instead of + 1.”
- Liquidity and asset-market dynamics (2010, methodology): “From (36), 15For those who know the related literature, this condition encompasses the one in Geromichalos, Licari, and Suarez-Lledo (2007) for a xed stock of liquid assets and the one in Lagos and Rocheteau (2008) with reproducible liquid assets.”
- Cooperation among Strangers under the Shadow of the Future (2009, unknown): “…in macroeconomics to model trading frictions (Peter Diamond, 1982), to analyze labor markets and equilibrium unemployment (Dale Mortensen and Christopher Pissarides, 1994), and in monetary economics to make explicit obstacles to credit arrangements (Nobuhiro Kiyotaki and Randall Wright, 1989).”
- Entrepreneurship and structural economic transformation (2008, background): “economics. Representative references for the labor market are Montgomery (1991), Mortensen and Pissarides (1999), Acemoglu and Shimer (2000) or Pissarides (2000); general coordination failures are provided by Diamond (1982 )o r Cooper and Andrew (1988); an application to the theory of money exchange”