Legal Tender and the Value of Money in Finite Economies

2320 12 2337 2 4657 document 2337 CP-83-062.pdf application/pdf 7f87ca40ee466131e56fe5f7467134fd MD5 763193 2016-01-15 01:53:42 https://pure.iiasa.ac.at/id/eprint/2320/1/CP-83-062.pdf 2320 1 1 text en public

CP-83-062.pdf

18 21532 1 33262 document 21532 indexcodes.txt text/x-c++ 1c0675792513d8fdff82f50ed3b248c9 MD5 9064 2016-01-15 15:51:04 https://pure.iiasa.ac.at/id/eprint/2320/2/indexcodes.txt 2320 2 2 text/x-c++ other Generate index codes conversion from text to indexcodes en public

indexcodes.txt

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/2337 21533 2 33263 document 21533 lightbox.jpg image/png 3a6b5dbb8214446ee0170ba2d0e76220 MD5 16446 2016-01-15 15:51:07 https://pure.iiasa.ac.at/id/eprint/2320/3/lightbox.jpg 2320 3 3 image/png other Thumbnails conversion from text to thumbnail_lightbox en public

lightbox.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/islightboxThumbnailVersionOf https://pure.iiasa.ac.at/id/document/2337 21534 2 33264 document 21534 preview.jpg image/png b78cd8c3cb77a629abe0c2bde8e05bb4 MD5 7474 2016-01-15 15:51:08 https://pure.iiasa.ac.at/id/eprint/2320/4/preview.jpg 2320 4 4 image/png other Thumbnails conversion from text to thumbnail_preview en public

preview.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/ispreviewThumbnailVersionOf https://pure.iiasa.ac.at/id/document/2337 21535 2 33265 document 21535 medium.jpg image/png a00811f21a49f0815c844db31bd81f2b MD5 2531 2016-01-15 15:51:09 https://pure.iiasa.ac.at/id/eprint/2320/5/medium.jpg 2320 5 5 image/png other Thumbnails conversion from text to thumbnail_medium en public

medium.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/ismediumThumbnailVersionOf https://pure.iiasa.ac.at/id/document/2337 21536 2 33266 document 21536 small.jpg image/png 356be369750144c3cc8eb7c32cf52ea3 MD5 834 2016-01-15 15:51:10 https://pure.iiasa.ac.at/id/eprint/2320/6/small.jpg 2320 6 6 image/png other Thumbnails conversion from text to thumbnail_small en public

small.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/2337 67338 2 186689 document 67338 CP-83-062.pdf application/pdf 62aed93bd0ae5c8119a62d57ecbd2bdf MD5 1141340 2016-07-23 02:53:36 https://pure.iiasa.ac.at/id/eprint/2320/7/CP-83-062.pdf 2320 7 7 application/pdf other Coversheet Pages conversion from text to application/pdf en public

CP-83-062.pdf

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2337 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/2337 archive 351 disk0/00/00/23/20 2016-01-15 01:53:42 2021-08-27 17:11:31 2016-01-15 01:53:42 monograph show 2 Vries C.G. de Legal Tender and the Value of Money in Finite Economies pub iis_ecn prog_ind The model of a monetary economy with legal tender which we develop here enables us to provide a different argument for money being valuable in finitely lived economies. The argument is cast strictly within the structure the Overlapping Generations Models (OGM) employ. Moreover, we allow for the possibility that agents are aware of the final date of life with absolute certainty. The argument relies on the transaction-facilitating properties of money. In monetary OGM, money functions only explicitly in the exchange between generations. It seems to be more natural if money is used also in exchanges between members of the same generation. The model set forth in the third section gives money a function both in inter-generational trade and in intragenerational trade. The frictions in the two sorts of transactions derive from the structure of the OGM. 1983-12 published CP-83-062 CP-83-062 public collaborative_paper IIASA, Laxenburg, Austria 34 FALSE info:eu-repo/semantics/book