Recent Developments on Money and Finance : Exploring Links Between Market Frictions, Financial Systems and Monetary Allocations
Overview
Recent developments on money and finance: an introduction.- Deposit Insurance and Bank Regulation in a Monetary Economy: A General Equilibrium Exposition.- A monetary mechanism for sharing capital: Diamond and Dybvig meet Kiyotaki and Wright.- Domestic financial market frictions, unrestricted international capital flows, and crises in small open economies.- Inflation, Growth and Exchange Rate Regimes in Small Open Economies.- Aggregate Risk Sharing and Equivalent Financial Mechanisms in an Endowment Economy of Incomplete Participation.- Asset pricing implications of efficient risk sharing in an endowment economy.- Distributional aspects of the divisibility of money. An example.- The distribution of money and prices in an equilibrium with lotteries.- Money, price dispersion and welfare.- A simple search model of money with heterogeneous agents and partial acceptability.- Decentralized credit and monetary exchange without public record keeping.- Limited participation, private money, and credit in a spatial model of money.
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Details
- ISBN-13: 9783642066177
- ISBN-10: 3642066178
- Publisher: Springer
- Publish Date: February 2010
- Dimensions: 9.21 x 6.14 x 0.59 inches
- Shipping Weight: 0.87 pounds
- Page Count: 273
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