期刊
出版社
J C B MOHR
DOI: 10.1628/093245608786534631
关键词
-
类别
This paper explores the origins and evolving role of money. It stresses the role of money in solving coordination problems. This role is present with or without exchange. A historical overview of money stresses the evolutionary aspects of monetary institutions. The analysis develops a general evaluation of economic efficiency under transaction costs and imperfect information, and in the presence of public goods and externalities. It identifies a nonneutral role for money. It argues that the efficiency gains from exchange are only part of the benefits of a monetary economy.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据