Specialization, Transactions Technologies, and Money Growth
This paper develops a differentiated product model with endogenous specialization in which either money or a costly alternative transactions technology can be used for market purchases. We discuss the real effects of monetary growth in this model-which differ from those in standard cash-in-advance m...
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| Veröffentlicht in: | International economic review (Philadelphia) 1992-05, Vol.33 (2), p.283-298 |
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| container_end_page | 298 |
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| container_title | International economic review (Philadelphia) |
| container_volume | 33 |
| creator | Cole, Harold L. Stockman, Alan C. |
| description | This paper develops a differentiated product model with endogenous specialization in which either money or a costly alternative transactions technology can be used for market purchases. We discuss the real effects of monetary growth in this model-which differ from those in standard cash-in-advance models-and the implied interest sensitivity of money demand in general equilibrium. |
| doi_str_mv | 10.2307/2526895 |
| format | Article |
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We discuss the real effects of monetary growth in this model-which differ from those in standard cash-in-advance models-and the implied interest sensitivity of money demand in general equilibrium.</description><identifier>ISSN: 0020-6598</identifier><identifier>EISSN: 1468-2354</identifier><identifier>DOI: 10.2307/2526895</identifier><language>eng</language><publisher>Philadelphia, Pa: The Economics Department of the University of Pennsylvania, and the Osaka University Institute of Social and Economic Research Association</publisher><subject>Cash ; Credit ; Economic models ; Economics ; Financial transactions ; Growth rate ; Labor costs ; Market equilibrium ; Monetary growth ; Monetary theory ; Money ; Money supply ; Nominal interest rates ; Recreation ; Specialization ; Transaction costs ; Vending machines</subject><ispartof>International economic review (Philadelphia), 1992-05, Vol.33 (2), p.283-298</ispartof><rights>Copyright 1992 The Economics Department of the University of Pennsylvania, and the Osaka University Institute of Social and Economic Research Association</rights><rights>Copyright Blackwell Publishers Inc. 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We discuss the real effects of monetary growth in this model-which differ from those in standard cash-in-advance models-and the implied interest sensitivity of money demand in general equilibrium.</description><subject>Cash</subject><subject>Credit</subject><subject>Economic models</subject><subject>Economics</subject><subject>Financial transactions</subject><subject>Growth rate</subject><subject>Labor costs</subject><subject>Market equilibrium</subject><subject>Monetary growth</subject><subject>Monetary theory</subject><subject>Money</subject><subject>Money supply</subject><subject>Nominal interest rates</subject><subject>Recreation</subject><subject>Specialization</subject><subject>Transaction costs</subject><subject>Vending machines</subject><issn>0020-6598</issn><issn>1468-2354</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1992</creationdate><recordtype>article</recordtype><sourceid>K30</sourceid><recordid>eNp10EtLAzEUBeAgCtYq_oVBRTcdzfuBKym-oOLCug6ZTGKnTJOaTJH6653SroSuLhc-DocDwDmCt5hAcYcZ5lKxAzBAlMsSE0YPwQBCDEvOlDwGJznPIYScUDEA9x9LZxvTNr-ma2IYFdNkQjZ28-Ri6uwsxDZ-NS6PChPq4i0Gty6eU_zpZqfgyJs2u7PdHYLPp8fp-KWcvD-_jh8mpSUKdaWyhlWVwNJK7p1ExlJfKcIpZJUljtYCotpA5qUXzlSKes9JbREzFRGGSDIE19vcZYrfK5c7vWiydW1rgourrIkgmHLFe3jxD87jKoW-m8ZIKo44RD263IcQVkpJQvrAIbjZKptizsl5vUzNwqS1RlBvdta7nXt5tZXz3MW0l_0BXid5GA</recordid><startdate>19920501</startdate><enddate>19920501</enddate><creator>Cole, Harold L.</creator><creator>Stockman, Alan C.</creator><general>The Economics Department of the University of Pennsylvania, and the Osaka University Institute of Social and Economic Research Association</general><general>University of Pennsylvania, Economics Dept., and Osaka University Institute of Social and Economic Research</general><general>Blackwell Publishing Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>HFIND</scope><scope>IBDFT</scope><scope>K30</scope><scope>PAAUG</scope><scope>PAWHS</scope><scope>PAWZZ</scope><scope>PAXOH</scope><scope>PBHAV</scope><scope>PBQSW</scope><scope>PBYQZ</scope><scope>PCIWU</scope><scope>PCMID</scope><scope>PCZJX</scope><scope>PDGRG</scope><scope>PDWWI</scope><scope>PETMR</scope><scope>PFVGT</scope><scope>PGXDX</scope><scope>PIHIL</scope><scope>PISVA</scope><scope>PJCTQ</scope><scope>PJTMS</scope><scope>PLCHJ</scope><scope>PMHAD</scope><scope>PNQDJ</scope><scope>POUND</scope><scope>PPLAD</scope><scope>PQAPC</scope><scope>PQCAN</scope><scope>PQCMW</scope><scope>PQEME</scope><scope>PQHKH</scope><scope>PQMID</scope><scope>PQNCT</scope><scope>PQNET</scope><scope>PQSCT</scope><scope>PQSET</scope><scope>PSVJG</scope><scope>PVMQY</scope><scope>PZGFC</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>19920501</creationdate><title>Specialization, Transactions Technologies, and Money Growth</title><author>Cole, Harold L. ; 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| fulltext | fulltext |
| identifier | ISSN: 0020-6598 |
| ispartof | International economic review (Philadelphia), 1992-05, Vol.33 (2), p.283-298 |
| issn | 0020-6598 1468-2354 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_37324696 |
| source | Business Source Complete; Periodicals Index Online; JSTOR |
| subjects | Cash Credit Economic models Economics Financial transactions Growth rate Labor costs Market equilibrium Monetary growth Monetary theory Money Money supply Nominal interest rates Recreation Specialization Transaction costs Vending machines |
| title | Specialization, Transactions Technologies, and Money Growth |
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