Do frictionless models of money and the price level make sense? [electronic resource] / Colin Rogers...
Do frictionless models of money and the price level make sense? [electronic resource] / Colin Rogers.
About this item
Full title
Author / Creator
Publisher
[Adelaide] : University of Adelaide, School of Economics, 2008.
Date
2008.
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MMS ID
Language
English
Formats
Publication information
Publisher
[Adelaide] : University of Adelaide, School of Economics, 2008.
Series
Place of Publication
South Australia
Date Published
2008.
Subjects
More information
Scope and Contents
Summary
As well specified Walrasian general equilibrium systems, frictionless models are isomorphic with the ArrowDebreu (AD) world. It is well known that the AD world has no role for money, credit or banks. Grafting a role for money onto a frictionless model by appending a quantity equation or cashinadvance constraint makes the error of converting mon...
Alternative Titles
Full title
Do frictionless models of money and the price level make sense? [electronic resource] / Colin Rogers.
Authors, Artists and Contributors
Author / Creator
Author / Artists
Notes
General note
Research paper / University of Adelaide, School of Economics ; no. 2008-02.
Title from title screen (viewed on Aug. 9, 2011)
Includes bibliographical references (p. 31-35)
System details note
Mode of access: Internet via World Wide Web. Address as at 09/08/2011: http://www.economics.adelaide.edu.au/research/papers/
System requirements: Adobe Acrobat reader to access the document in PDF.
Contextual Information
Other version (online)
Identifiers
Primary Identifiers
Record Identifier
74VvKyx4MmZM
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/74VvKyx4MmZM
Other Identifiers
DDC
339.5
MMS ID
991007952999702626
