Sissoko, Carolyn (contributor) - 2007
and sells simultaneously is relaxed, we observe that in this environment fiat money can implement a Pareto optimum only if …
every agent buys and sells simultaneously is relaxed, we observe that in this environment fiat money can
implement a Pareto … starting point for studying the monetary use of credit.
JEL: E5, G2
Keywords: Fiat Money, Cash-in-advance, Financial …