| CIRJE-F-283 | "On the Existence of Single-Price Equilibria in a Matching Model with Divisible Money and Production Cost" |
| Author Name | Kamiya, Kazuya, Noritsugu Morishita and Takashi Shimizu |
| Date | June 2004 |
| Full Paper | PDF file@ |
| Remarks | Subsequently published in International Journal of Economic Theory Volume 1, Issue 3, September 2005, Pages: 219-231@ |
| Abstract |
This paper investigates Zhou [4]'s money search model, where money is divisible, agents can hold any amount of money, and production of goods is costly, and presents a sufficient condition, expressed in terms of exogenously given parameters, for the existence of single-price equilibria. |
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