MONEY AND THE GAINS FROM TRADE
Date
2003
Authors
Berentsen, Aleksander
Rocheteau, Guillaume
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Publisher
Blackwell Publishing Ltd
Abstract
This article studies the role of money in environments where in each meeting there is a double coincidence of real wants. Traders who meet at random finance their purchases through current production, the sale of divisible money or both. 11 is shown that
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Source
International Economic Review
Type
Journal article