D82 - Asymmetric and Private Information; Mechanism Design - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T14:49:07+00:00Money and Price Posting under Private Information
https://www.bankofcanada.ca/2011/10/working-paper-2011-22/
We study price posting with undirected search in a search-theoretic monetary model with divisible money and divisible goods. Ex ante homogeneous buyers experience match specific preference shocks in bilateral trades. The shocks follow a continuous distribution and the realization of the shocks is private information.2011-10-18T10:57:49+00:00enMoney and Price Posting under Private Information2011-10-18Economic modelsInflation and pricesWorking Paper 2011-22https://www.bankofcanada.ca/wp-content/uploads/2011/10/wp2011-22.pdfMoney and Price Posting under Private InformationMei DongJanet Hua JiangOctober 2011DD8D82D83EE3E31Counterfeit Quality and Verification in a Monetary Exchange
https://www.bankofcanada.ca/2011/02/working-paper-2011-4/
Recent studies on counterfeiting in a monetary search framework show that counterfeiting does not occur in a monetary equilibrium. These findings are inconsistent with the observation that counterfeiting of bank notes has been a serious problem in some countries.2011-02-09T09:06:21+00:00enCounterfeit Quality and Verification in a Monetary Exchange2011-02-09Bank notesWorking Paper 2011-4https://www.bankofcanada.ca/wp-content/uploads/2011/02/wp11-4.pdfCounterfeit Quality and Verification in a Monetary ExchangeBen FungEnchuan ShaoFebruary 2011DD8D82D83EE4E42E5E50