Search models of money: Alternative means-of payment and consumer behaviour with credit

• Main Author: TAN, Kheng Tat Marcus
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Search Models; Coexistence of Money and Credit; Limited Commitment; Money; Fiat Money; E-Money; Digital Currency; Money Distribution; Credit; Debt; Deposits; Collateral; Housing; Liquidity; Asset Prices; Monetary Policy; Welfare; Heterogeneous Agents; Behavioral Economics; Economics
• Online Access: https://ink.library.smu.edu.sg/etd_coll/510; https://ink.library.smu.edu.sg/context/etd_coll/article/1508/viewcontent/Search_Models_of_Money___Alternative_Means_of_Payment_and_Consumer_Behaviour_with_Credit.pdf
• Institution: Singapore Management University

This dissertation consists of three chapters on Search Models of Money. The first chapter is a review of recent advances in Search Models of Money. It reviews the Lagos and Wright (2005) framework which is the workhorse of many modern search models with applications to models with Competing Media of...