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General Equilibrium Under Shortage

General Equilibrium Under Shortage »

Source: General Equilibrium Under Shortage : A Generalized Barro-Grossman Model

Volume/Issue: 1991/59

Series: IMF Working Papers

Author(s): Kent Osband

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1991

ISBN: 9781451965667

Keywords: black market, real money, inflation, general equilibrium

In several recent articles, the Barro-Grossman model of general equilibrium under shortage has been modified to incorporate money demand and alternative retail sales mechanisms. This paper extends this work to allo...

General Equilibrium Under Shortage
			: A Generalized Barro-Grossman Model

General Equilibrium Under Shortage : A Generalized Barro-Grossman Model »

Volume/Issue: 1991/59

Series: IMF Working Papers

Author(s): Kent Osband

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1991

DOI: http://dx.doi.org/10.5089/9781451965667.001

ISBN: 9781451965667

Keywords: black market, real money, inflation, general equilibrium

In several recent articles, the Barro-Grossman model of general equilibrium under shortage has been modified to incorporate money demand and alternative retail sales mechanisms. This paper extends this work to allo...