Abstract
Money is an asset that serves as a medium of exchange.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Bibliography
Cavalcanti, R. de O., Erosa, A. and Temzelides, T. 1999. Private money and reserve management in a random-matching model. Journal of Political Economy 107, 929–45.
Cavalcanti, R. de O., and Wallace, N. 1999a. A model of private bank-note issue. Review of Economic Dynamics 2, 104–36.
Cavalcanti, R. de O. and Wallace, N. 1999b. Inside and outside money as alternative media of exchange. Journal of Money, Credit, and Banking 31, 443–57.
Gurley J. and Shaw, E. 1960. Money in a Theory of Finance. Washington, DC: Brookings Institution.
Kiyotaki, N. and Moore, J. 2002a. Inside money and liquidity. Mimeo, London School of Economics.
Kiyotaki, N. and Moore, J. 2002b. Evil is the root of all money. American Economic Review 92(2), 62–6.
Kiyotaki, N. and Moore, J. 2005. Financial deepening. Journal of the European Economic Association 3, 701–13.
Kocherlakota, N. 1998. Money is memory. Journal of Economic Theory 81, 232–51.
Patinkin, D. 1961. Financial intermediaries and the logical structure of monetary theory: a review article. American Economic Review 51(1), 95–116.
Wallace, N. 2000. Knowledge of individual histories and optimal payment arrangements. Federal Reserve Bank of Minneapolis Quarterly Review 24(3), 11–21.
Editor information
Editors and Affiliations
Copyright information
© 2010 Palgrave Macmillan, a division of Macmillan Publishers Limited
About this chapter
Cite this chapter
Lagos, R. (2010). Inside and Outside Money. In: Durlauf, S.N., Blume, L.E. (eds) Monetary Economics. The New Palgrave Economics Collection. Palgrave Macmillan, London. https://doi.org/10.1057/9780230280854_17
Download citation
DOI: https://doi.org/10.1057/9780230280854_17
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-230-23888-6
Online ISBN: 978-0-230-28085-4
eBook Packages: Palgrave Media & Culture CollectionLiterature, Cultural and Media Studies (R0)